Fintel reports that on September 6, 2024, Barclays upgraded their outlook for Coinbase Global (WBAG:COIN) from Underweight to Equal-Weight.
What is the Fund Sentiment?
There are 1,357 funds or institutions reporting positions in Coinbase Global. This is an increase of 58 owner(s) or 4.46% in the last quarter. Average portfolio weight of all funds dedicated to COIN is 0.51%, an increase of 38.76%. Total shares owned by institutions increased in the last three months by 8.10% to 118,363K shares.
What are Other Shareholders Doing?
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 5,997K shares representing 2.95% ownership of the company. In its prior filing, the firm reported owning 5,842K shares , representing an increase of 2.59%. The firm decreased its portfolio allocation in COIN by 16.32% over the last quarter.
Paradigm Operations holds 4,516K shares representing 2.22% ownership of the company. No change in the last quarter.
VIMSX - Vanguard Mid-Cap Index Fund Investor Shares holds 3,665K shares representing 1.81% ownership of the company. In its prior filing, the firm reported owning 3,636K shares , representing an increase of 0.79%. The firm decreased its portfolio allocation in COIN by 12.77% over the last quarter.
ARK Investment Management holds 3,559K shares representing 1.75% ownership of the company. In its prior filing, the firm reported owning 4,421K shares , representing a decrease of 24.23%. The firm decreased its portfolio allocation in COIN by 13.52% over the last quarter.
Sumitomo Mitsui Trust Holdings holds 3,130K shares representing 1.54% ownership of the company. In its prior filing, the firm reported owning 3,429K shares , representing a decrease of 9.55%. The firm decreased its portfolio allocation in COIN by 17.73% over the last quarter.
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