Key Points
- Circle insider Nikhil Chandhok sold 26,666 shares for approximately $1.79 million at an average price of $67.15, reducing his holdings by 3.58%. The transaction was conducted under a pre-arranged Rule 10b5-1 plan.
- Circle reported quarterly revenue of $701.32 million, up 6.6% year over year, but earnings per share of $0.18 missed analysts’ $0.26 estimate.
- Analyst sentiment remains mixed: Circle has a consensus “Hold” rating and an average price target of $97.12, while HC Wainwright maintained a “Buy” rating but lowered near-term EPS estimates and its target to $104.
Circle Internet Group, Inc. (NYSE:CRCL - Get Free Report) insider Nikhil Chandhok sold 26,666 shares of the firm's stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $67.15, for a total transaction of $1,790,621.90. Following the completion of the sale, the insider owned 717,920 shares in the company, valued at approximately $48,208,328. The trade was a 3.58% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Nikhil Chandhok also recently made the following trade(s):
- On Wednesday, July 8th, Nikhil Chandhok sold 26,666 shares of Circle Internet Group stock. The stock was sold at an average price of $63.90, for a total transaction of $1,703,957.40.
- On Wednesday, June 24th, Nikhil Chandhok sold 489,737 shares of Circle Internet Group stock. The shares were sold at an average price of $72.37, for a total transaction of $35,442,266.69.
- On Monday, June 8th, Nikhil Chandhok sold 26,666 shares of Circle Internet Group stock. The shares were sold at an average price of $83.75, for a total transaction of $2,233,277.50.
- On Thursday, May 21st, Nikhil Chandhok sold 10,000 shares of Circle Internet Group stock. The stock was sold at an average price of $111.00, for a total transaction of $1,110,000.00.
Circle Internet Group Stock Performance
NYSE CRCL opened at $71.42 on Thursday. The firm's fifty day moving average price is $69.82 and its two-hundred day moving average price is $85.99. The stock has a market cap of $17.75 billion, a PE ratio of 48.92 and a beta of 0.23. Circle Internet Group, Inc. has a fifty-two week low of $49.90 and a fifty-two week high of $164.64.
Circle Internet Group (NYSE:CRCL - Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $0.18 EPS for the quarter, missing analysts' consensus estimates of $0.26 by ($0.08). Circle Internet Group had a net margin of 15.53% and a return on equity of 13.58%. The firm had revenue of $701.32 million during the quarter. During the same period last year, the firm earned ($4.48) EPS. The business's revenue was up 6.6% compared to the same quarter last year. As a group, sell-side analysts predict that Circle Internet Group, Inc. will post 0.93 earnings per share for the current fiscal year.
Circle Internet Group News Roundup
Here are the key news stories impacting Circle Internet Group this week:
- Positive Sentiment: HC Wainwright maintains a bullish stance: The firm kept a “Buy” rating and a $104 price target, well above recent trading levels. Its projections call for 2027 EPS of $1.39, including $0.40 in Q1, $0.33 in Q3 and $0.42 in Q4, compared with the current-year consensus estimate of $0.88. This supports the view that Circle’s earnings could accelerate over time.
- Positive Sentiment: Arc is central to Circle’s growth strategy: Management raised its 2026 other-revenue outlook ahead of Arc’s planned September 16 mainnet launch. Investors may view the blockchain platform as a potential new source of revenue and adoption. CRCL Q2 Earnings Call Highlights Arc-Led Revenue Outlook
- Neutral Sentiment: Analyst views remain divided: CRCL’s recent trading strength reflects continued investor interest, but commentary notes that analysts remain split on valuation and the path back toward $100. The stock is still below its 12-month high and has declined year to date, leaving substantial upside if Circle executes successfully. Circle Internet Group Stock Jumps Tuesday. Analysts Are Still Split on the Stock.
- Negative Sentiment: Near-term earnings forecasts were trimmed: HC Wainwright lowered its Q3 2026 EPS estimate to $0.34 from $0.37 and its Q4 estimate to $0.51 from $0.55. These cuts suggest some pressure on near-term profitability, even though longer-term estimates remain constructive.
- Negative Sentiment: Insider selling adds a cautious signal: Director Nikhil Chandhok sold 26,666 shares for approximately $1.79 million under a pre-arranged Rule 10b5-1 plan, reducing his position by 3.58%. Because the sale was scheduled in advance, it may not reflect a change in his view of the company, but it can still weigh on sentiment. SEC insider transaction filing
Analyst Ratings Changes
Several equities analysts have commented on the company. Freedom Capital upgraded Circle Internet Group to a "hold" rating in a research report on Tuesday, April 21st. Wall Street Zen cut Circle Internet Group from a "sell" rating to a "strong sell" rating in a report on Saturday, August 1st. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and issued a $101.00 price objective on shares of Circle Internet Group in a research note on Tuesday, May 12th. TD Cowen raised their price objective on shares of Circle Internet Group from $82.00 to $87.00 and gave the company a "buy" rating in a report on Wednesday. Finally, HC Wainwright cut their target price on shares of Circle Internet Group from $115.00 to $104.00 and set a "buy" rating on the stock in a research report on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, thirteen have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $97.12.
Get Our Latest Analysis on Circle Internet Group
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Accel XI Associates L.L.C. acquired a new position in Circle Internet Group during the 2nd quarter worth about $56,999,563,000. AI Squared Management Ltd acquired a new stake in shares of Circle Internet Group in the second quarter valued at about $463,000. Ninepoint Partners LP bought a new position in shares of Circle Internet Group during the second quarter worth about $251,000. Bank of New York Mellon Corp bought a new position in shares of Circle Internet Group during the second quarter worth about $25,467,000. Finally, SBI Holdings USA Inc. acquired a new position in shares of Circle Internet Group in the second quarter worth approximately $101,084,820,000.
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 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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