Circle Internet Group (NYSE:CRCL) Insider Sells $2,233,277.50 in Stock

Circle Internet Group, Inc. (NYSE:CRCL) insider Nikhil Chandhok sold 26,666 shares of the business’s stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $83.75, for a total transaction of $2,233,277.50. Following the completion of the sale, the insider owned 521,809 shares in the company, valued at approximately $43,701,503.75. This trade represents a 4.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Nikhil Chandhok also recently made the following trade(s):

• On Thursday, May 21st, Nikhil Chandhok sold 10,000 shares of Circle Internet Group stock. The shares were sold at an average price of $111.00, for a total transaction of $1,110,000.00.
• On Tuesday, April 21st, Nikhil Chandhok sold 10,000 shares of Circle Internet Group stock. The shares were sold at an average price of $104.00, for a total transaction of $1,040,000.00.
• On Monday, March 23rd, Nikhil Chandhok sold 10,000 shares of Circle Internet Group stock. The shares were sold at an average price of $123.08, for a total transaction of $1,230,800.00.

Circle Internet Group Trading Down 1.8%

CRCL traded down $1.51 on Tuesday, hitting $81.02. The company had a trading volume of 13,406,818 shares, compared to its average volume of 15,481,539. The firm has a market cap of $20.14 billion and a P/E ratio of -25.32. Circle Internet Group, Inc. has a 1 year low of $49.90 and a 1 year high of $298.99. The company’s fifty day moving average price is $102.88 and its 200 day moving average price is $89.68.

Circle Internet Group (NYSE:CRCL) last issued its quarterly earnings data on Monday, May 11th. The company reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.27 by ($0.06). The company had revenue of $694.13 million during the quarter. Circle Internet Group had a negative net margin of 2.76% and a positive return on equity of 2.89%. The business’s revenue for the quarter was up 20.0% compared to the same quarter last year. On average, analysts predict that Circle Internet Group, Inc. will post 1.02 earnings per share for the current year.

Hedge Funds Weigh In On Circle Internet Group

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. EverSource Wealth Advisors LLC acquired a new position in shares of Circle Internet Group during the second quarter worth about $27,000. PNC Financial Services Group Inc. grew its position in shares of Circle Internet Group by 14.9% during the third quarter. PNC Financial Services Group Inc. now owns 1,164 shares of the company’s stock worth $154,000 after buying an additional 151 shares in the last quarter. Larson Financial Group LLC grew its position in shares of Circle Internet Group by 3,800.0% during the third quarter. Larson Financial Group LLC now owns 195 shares of the company’s stock worth $26,000 after buying an additional 190 shares in the last quarter. Harbour Investments Inc. grew its position in shares of Circle Internet Group by 170.0% during the fourth quarter. Harbour Investments Inc. now owns 378 shares of the company’s stock worth $30,000 after buying an additional 238 shares in the last quarter. Finally, Montag A & Associates Inc. acquired a new position in shares of Circle Internet Group during the third quarter worth about $33,000.

Wall Street Analyst Weigh In

A number of analysts have issued reports on CRCL shares. Mizuho cut their price target on shares of Circle Internet Group from $135.00 to $85.00 and set a “neutral” rating on the stock in a research note on Friday. Weiss Ratings reiterated a “sell (d)” rating on shares of Circle Internet Group in a research note on Monday, April 20th. Robert W. Baird boosted their price target on shares of Circle Internet Group from $110.00 to $138.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 17th. KeyCorp started coverage on shares of Circle Internet Group in a research note on Tuesday, May 26th. They set a “sector weight” rating on the stock. Finally, HC Wainwright upgraded shares of Circle Internet Group from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $85.00 to $150.00 in a research note on Monday, May 18th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $134.18.

Circle Internet Group News Roundup

Here are the key news stories impacting Circle Internet Group this week:

• Positive Sentiment: Circle announced that CEO Jeremy Allaire will speak at VivaTech 2026 on June 17 about the future of digital money and finance, giving the company another high-profile platform to highlight its story and strategy. Circle to Speak at VivaTech 2026
• Positive Sentiment: MassPay expanded its stablecoin payout capabilities through Circle Payments Network, a sign that Circle’s payments infrastructure is gaining additional commercial adoption. MassPay Expands Stablecoin Payout Capabilities
• Neutral Sentiment: Coverage around Circle’s cirBTC launch and progress on the CLARITY Act kept attention on the company’s long-term valuation, but also underscored that investors are still debating whether the stock’s rich multiple is justified. Circle’s cirBTC Launch And CLARITY Act Progress Test Rich Valuation
• Neutral Sentiment: Several market commentary pieces focused on Circle’s valuation and its resilience versus crypto market turbulence, which may be influencing sentiment but do not change the near-term fundamentals directly. Circle Internet Group Valuation After Rival Stablecoin Plans Spark Volatility
• Negative Sentiment: Multiple insiders sold shares, including CEO Jeremy Allaire, CFO Jeremy Fox-Geen, director Patrick Sean Neville, and insider Nikhil Chandhok. While some sales were under pre-arranged 10b5-1 plans and one was tied to tax withholding, the size of the selling may still pressure sentiment. Insider sales filings

Circle Internet Group Company Profile

Circle Internet Group (NYSE: CRCL) is a financial technology company that builds infrastructure to enable businesses and developers to use and move money on public blockchains. Co-founded by Jeremy Allaire and Sean Neville, the company is best known as a principal issuer and steward of USDC, a dollar-pegged stablecoin developed through the CENTRE Consortium, which Circle co-founded with Coinbase. Jeremy Allaire serves as CEO and has been a visible leader in the company’s strategy and public engagement around digital currency and payments innovation.

Circle’s core products and services center on digital currency issuance and programmable payments.