Capstone Investment Advisors Adds $3M in Coinbase Global, Inc. ($COIN)
Key Points
- Capstone Investment Advisors changed its Coinbase Global, Inc. ($COIN) stake by 40.8% last quarter, boosting to 56,458 shares worth $9.02 million.
- Wall Street's consensus rating on $COIN is Buy and an average price target of $229.74.
- $COIN last traded around $159.78.
Capstone Investment Advisors increased its position in Coinbase Global, Inc. ($COIN) by 40.8% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 56,458 shares of Coinbase Global, Inc. after buying 16,354 shares during the quarter. Capstone Investment Advisors's holdings in Coinbase Global, Inc. were worth $9.02 million as of its most recent filing.
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About Coinbase Global, Inc.
Coinbase Global, Inc. operates platform for crypto assets in the United States and internationally. It provides the primary financial account in the crypto economy for consumers; a brokerage platform with a pool of liquidity across the crypto marketplace for institutions; and a suite of products granting access to build onchain for developers. The company was founded in 2012 and is based in New York, New York.
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