Key Points
- M. Michele Burns sold 80,000 shares of Circle (NYSE:CRCL) on March 2 at an average price of $94.88 for roughly $7.59 million, leaving her with 305,230 shares—a 20.77% drop in her ownership stake.
- The sale follows a smaller disposal (10,000 shares on Feb. 26) and is part of broader clustered insider selling among Circle’s leadership, a dynamic that can weigh on investor sentiment.
- Separately, Circle reported strong results—quarterly revenue of $770.23 million (up 76.9% year-over-year) and an EPS beat ($0.43 vs. $0.25)—but analysts remain mixed, with an average rating of "Hold" and an average target of $123.47.
Circle Internet Group, Inc. (NYSE:CRCL - Get Free Report) Director M Michele Burns sold 80,000 shares of Circle Internet Group stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $94.88, for a total value of $7,590,400.00. Following the transaction, the director owned 305,230 shares of the company's stock, valued at $28,960,222.40. This represents a 20.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
M Michele Burns also recently made the following trade(s):
- On Thursday, February 26th, M Michele Burns sold 10,000 shares of Circle Internet Group stock. The shares were sold at an average price of $82.00, for a total value of $820,000.00.
Circle Internet Group Price Performance
Shares of Circle Internet Group stock opened at $105.24 on Thursday. The business has a fifty day simple moving average of $73.16 and a two-hundred day simple moving average of $99.00. Circle Internet Group, Inc. has a 1 year low of $49.90 and a 1 year high of $298.99. The company has a market capitalization of $24.78 billion and a price-to-earnings ratio of -56.58.
Circle Internet Group (NYSE:CRCL - Get Free Report) last issued its quarterly earnings data on Wednesday, February 25th. The company reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.25 by $0.18. The company had revenue of $770.23 million during the quarter. The business's revenue for the quarter was up 76.9% compared to the same quarter last year.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently weighed in on CRCL shares. Monness Crespi & Hardt began coverage on Circle Internet Group in a research note on Monday, November 10th. They set a "buy" rating and a $150.00 target price on the stock. Morgan Stanley started coverage on shares of Circle Internet Group in a research note on Monday, February 2nd. They issued an "equal weight" rating and a $66.00 price target on the stock. Sanford C. Bernstein set a $190.00 price target on Circle Internet Group in a research note on Tuesday, January 6th. Robert W. Baird raised Circle Internet Group from a "hold" rating to a "strong-buy" rating in a report on Friday, November 14th. Finally, The Goldman Sachs Group upped their price objective on shares of Circle Internet Group from $79.00 to $88.00 and gave the stock a "neutral" rating in a research report on Monday, January 5th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, Circle Internet Group has an average rating of "Hold" and an average target price of $123.47.
Check Out Our Latest Research Report on CRCL
Circle Internet Group News Summary
Here are the key news stories impacting Circle Internet Group this week:
- Positive Sentiment: Cryptocurrency strength is lifting CRCL alongside other crypto-linked names (Bitcoin surge driving premarket gains), providing immediate demand tailwinds for USDC usage and stablecoin flows. Crypto Stocks Strategy, Coinbase, and Circle Jump in Premarket Trading Wednesday
- Positive Sentiment: Fundamental momentum: Circle reported a strong quarter (revenue up sharply year-over-year and an EPS beat) and analysts/narratives point to rising USDC adoption plus new AI-related monetization initiatives — both support higher revenue expectations. Why Circle Internet Stock Surged Today
- Positive Sentiment: Options market activity has shown above-normal call buying, which can amplify short-term upside moves through speculative positioning or hedging flows. MarketBeat CRCL News
- Neutral Sentiment: Analyst positioning is mixed but active: Mizuho raised its target (and cited geopolitical/rate commentary that benefits stablecoins), while other firms are issuing a range of ratings — these notes influence sentiment but give mixed directional signal. Circle Internet Stock Gets an Iran Bump
- Neutral Sentiment: Macro/regulatory items (e.g., CLARITY Act timing) are being monitored — outcomes could be material, but near-term directional impact is uncertain until details emerge. CLARITY Act coverage
- Negative Sentiment: Heavy clustered insider selling across senior management and directors (notable recent Form 4 filings from President Heath Tarbert and Director M. Michele Burns, plus other leaders) can sap investor confidence and add selling pressure. Tarbert Form 4 Burns Form 4
- Negative Sentiment: Some downward target revisions (e.g., Needham cut its target) introduce valuation headwinds and can increase volatility even as operational metrics improve. Needham price target cut
Hedge Funds Weigh In On Circle Internet Group
A number of institutional investors have recently modified their holdings of CRCL. JPMorgan Chase & Co. bought a new position in Circle Internet Group in the second quarter valued at about $65,261,000. Rakuten Securities Inc. acquired a new position in Circle Internet Group during the 3rd quarter worth approximately $2,491,000. Telligent Fund LP bought a new position in Circle Internet Group in the 2nd quarter valued at approximately $3,263,000. CloudAlpha Capital Management Limited Hong Kong boosted its position in Circle Internet Group by 181.1% in the third quarter. CloudAlpha Capital Management Limited Hong Kong now owns 283,964 shares of the company's stock valued at $37,648,000 after buying an additional 182,954 shares in the last quarter. Finally, Rheos Capital Works Inc. grew its stake in shares of Circle Internet Group by 20.8% during the third quarter. Rheos Capital Works Inc. now owns 302,000 shares of the company's stock worth $40,039,000 after buying an additional 52,000 shares during the last quarter.
About Circle Internet Group
(
Get Free Report)
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 USD Coin (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.
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