Circle Internet Group, Inc. (NYSE:CRCL - Get Free Report) CAO Tamara Schulz sold 1,194 shares of the company's stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $107.10, for a total transaction of $127,877.40. Following the sale, the chief accounting officer directly owned 90,829 shares of the company's stock, valued at approximately $9,727,785.90. This represents a 1.30% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Circle Internet Group Stock Down 4.6%
NYSE CRCL opened at $114.07 on Wednesday. The business's fifty day simple moving average is $101.06 and its 200-day simple moving average is $90.40. The firm has a market cap of $28.15 billion and a PE ratio of -61.33. Circle Internet Group, Inc. has a 52 week low of $49.90 and a 52 week high of $298.99.
Circle Internet Group (NYSE:CRCL - Get Free Report) last posted its earnings results on Wednesday, February 25th. The company reported $0.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.25 by $0.18. The business had revenue of $770.23 million for the quarter. The firm's revenue was up 76.9% on a year-over-year basis. Research analysts expect that Circle Internet Group, Inc. will post 0.84 EPS for the current year.
Hedge Funds Weigh In On Circle Internet Group
Hedge funds and other institutional investors have recently bought and sold shares of the company. EverSource Wealth Advisors LLC acquired a new position in Circle Internet Group in the 2nd quarter valued at $27,000. PNC Financial Services Group Inc. lifted its stake in shares of Circle Internet Group by 14.9% in the 3rd quarter. PNC Financial Services Group Inc. now owns 1,164 shares of the company's stock worth $154,000 after acquiring an additional 151 shares during the period. Larson Financial Group LLC boosted its holdings in shares of Circle Internet Group by 3,800.0% in the third quarter. Larson Financial Group LLC now owns 195 shares of the company's stock valued at $26,000 after acquiring an additional 190 shares in the last quarter. Pilgrim Partners Asia Pte Ltd purchased a new stake in shares of Circle Internet Group in the third quarter valued at about $27,000. Finally, Harbour Investments Inc. increased its stake 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 acquiring an additional 238 shares during the period.
Key Circle Internet Group News
Here are the key news stories impacting Circle Internet Group this week:
- Positive Sentiment: Wells Fargo raised its price target to $142 and assigned an "overweight" rating, giving fresh analyst support and signaling upside versus current levels. Wells Fargo price target raise (Benzinga)
- Positive Sentiment: Congressional progress on the CLARITY Act (stablecoin legislation) — language that preserves stablecoin yield mechanics — has been a primary catalyst for recent rallies in Circle and other crypto infrastructure stocks. This regulatory clarity is viewed as de‑risking Circle’s USDC business model. CLARITY Act coverage (CNBC)
- Positive Sentiment: Unusually heavy call-option buying was reported (≈138,700 calls), indicating short‑term bullish positioning from traders that can amplify moves on positive headlines. (Options volume entry)
- Neutral Sentiment: Upcoming earnings (Circle scheduled to report in mid‑May) are a near‑term catalyst — results and management commentary will determine whether recent regulatory gains translate into sustained revenue/margin improvement. (Earnings date context)
- Negative Sentiment: Multiple insiders — including the CFO, CAO and several directors — sold shares recently under pre‑arranged Rule 10b5‑1 plans to cover tax withholding on vesting awards. While disclosed as routine and planned, the volume of sales can create perception pressure and add selling supply. Representative SEC filing: Insider Form 4 (SEC)
- Negative Sentiment: Legal overhangs (class-action litigation tied to protocol incidents noted in recent coverage) and execution risks around scaling international products remain potential headwinds that could dampen sentiment if developments turn adverse. (Background/legal risk)
Analyst Upgrades and Downgrades
CRCL has been the topic of a number of analyst reports. Canaccord Genuity Group restated a "buy" rating and issued a $160.00 price objective on shares of Circle Internet Group in a report on Wednesday, March 25th. Zacks Research raised Circle Internet Group from a "strong sell" rating to a "hold" rating in a report on Tuesday, March 17th. Needham & Company LLC cut their price target on Circle Internet Group from $190.00 to $130.00 and set a "buy" rating on the stock in a research note on Thursday, February 26th. Clear Str raised Circle Internet Group from a "hold" rating to a "strong-buy" rating in a report on Monday, March 16th. Finally, Compass Point reiterated a "sell" rating and issued a $77.00 price objective (down from $79.00) on shares of Circle Internet Group in a report on Thursday, April 9th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, eleven have assigned a Hold rating and three have assigned a Sell rating to the company's stock. According to MarketBeat, Circle Internet Group currently has an average rating of "Hold" and a consensus price target of $129.06.
View Our Latest Stock Analysis on CRCL
About Circle Internet Group
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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.
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