Mizuho Upgrades Coinbase Global (BRSE:1QZ)

Fintel reports that on January 29, 2025, Mizuho upgraded their outlook for Coinbase Global (BRSE:1QZ) from Underperform to Neutral.

What is the Fund Sentiment?

There are 1,402 funds or institutions reporting positions in Coinbase Global. This is an increase of 22 owner(s) or 1.59% in the last quarter. Average portfolio weight of all funds dedicated to 1QZ is 0.49%, an increase of 4.59%. Total shares owned by institutions increased in the last three months by 4.04% to 122,063K shares.

What are Other Shareholders Doing?

CH:1QZ / Coinbase Global, Inc. Shares Held by Institutions

VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 6,116K shares representing 2.98% ownership of the company. In its prior filing, the firm reported owning 5,997K shares , representing an increase of 1.94%. The firm decreased its portfolio allocation in 1QZ by 23.20% over the last quarter.

Paradigm Operations holds 4,516K shares representing 2.20% ownership of the company. No change in the last quarter.

VIMSX - Vanguard Mid-Cap Index Fund Investor Shares holds 3,683K shares representing 1.80% ownership of the company. In its prior filing, the firm reported owning 3,665K shares , representing an increase of 0.48%. The firm decreased its portfolio allocation in 1QZ by 25.89% over the last quarter.

Geode Capital Management holds 3,426K shares representing 1.67% ownership of the company. In its prior filing, the firm reported owning 3,111K shares , representing an increase of 9.18%. The firm decreased its portfolio allocation in 1QZ by 18.56% over the last quarter.

ARK Investment Management holds 3,241K shares representing 1.58% ownership of the company. In its prior filing, the firm reported owning 3,559K shares , representing a decrease of 9.80%. The firm decreased its portfolio allocation in 1QZ by 24.74% over the last quarter.

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This story originally appeared on Fintel.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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