Circle Internet Group (NYSE:CRCL) Rating Lowered to Sell at Wall Street Zen

Circle Internet Group (NYSE:CRCL) was downgraded by Wall Street Zen from a “hold” rating to a “sell” rating in a report released on Saturday.

Several other analysts have also recently issued reports on CRCL. The Goldman Sachs Group upped their price objective on Circle Internet Group from $79.00 to $88.00 and gave the company a “neutral” rating in a research note on Monday, January 5th. Canaccord Genuity Group reissued a “buy” rating and issued a $160.00 target price on shares of Circle Internet Group in a report on Wednesday, March 25th. HC Wainwright began coverage on shares of Circle Internet Group in a report on Friday, December 19th. They issued a “neutral” rating and a $85.00 target price on the stock. JPMorgan Chase & Co. cut their target price on shares of Circle Internet Group from $100.00 to $90.00 and set an “overweight” rating on the stock in a report on Tuesday, February 10th. Finally, Wells Fargo & Company cut their target price on shares of Circle Internet Group from $128.00 to $111.00 and set an “overweight” rating on the stock in a report on Thursday, February 26th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $126.41.

Circle Internet Group Stock Down 0.0%

Shares of NYSE CRCL opened at $88.01 on Friday. The stock’s 50 day moving average price is $88.31 and its two-hundred day moving average price is $94.36. Circle Internet Group has a 52-week low of $49.90 and a 52-week high of $298.99. The stock has a market capitalization of $21.72 billion and a P/E ratio of -47.31.

Circle Internet Group (NYSE:CRCL) last announced its quarterly earnings data on Wednesday, February 25th. The company reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.18. The firm had revenue of $770.23 million for the quarter. The business’s revenue was up 76.9% on a year-over-year basis.

Insider Activity

In related news, CFO Jeremy Fox-Geen sold 47,908 shares of the company’s stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $90.00, for a total transaction of $4,311,720.00. Following the completion of the transaction, the chief financial officer directly owned 261,059 shares in the company, valued at $23,495,310. This represents a 15.51% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Rajeev V. Date sold 23,254 shares of Circle Internet Group stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $89.62, for a total value of $2,084,023.48. The SEC filing for this sale provides additional information. Insiders sold 530,874 shares of company stock worth $51,566,025 over the last 90 days. Insiders own 10.85% of the company’s stock.

Institutional Investors Weigh In On Circle Internet Group

Hedge funds have recently made changes to their positions in the business. Rakuten Securities Inc. bought a new stake in shares of Circle Internet Group during the third quarter valued at approximately $2,491,000. CloudAlpha Capital Management Limited Hong Kong raised its holdings in shares of Circle Internet Group by 181.1% during 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 during the last quarter. New York State Common Retirement Fund bought a new stake in shares of Circle Internet Group during the third quarter valued at approximately $3,248,000. Rheos Capital Works Inc. raised its holdings 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 valued at $40,039,000 after buying an additional 52,000 shares during the last quarter. Finally, Vanguard Group Inc. raised its holdings in shares of Circle Internet Group by 61.6% during the third quarter. Vanguard Group Inc. now owns 5,578,696 shares of the company’s stock valued at $739,624,000 after buying an additional 2,126,072 shares during the last quarter.

Trending Headlines about Circle Internet Group

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

• Positive Sentiment: Institutional interest: the Jacob Internet Fund publicly signaled a bet on Circle’s USDC circulation and transaction volumes, reinforcing investor confidence in token demand and potential revenue upside from higher float and settlement activity. Read More.
• Positive Sentiment: On‑chain demand spike: reports of heavy USDC minting (e.g., ~$1B minted within 24 hours) suggest strong transaction activity and could boost settlement volumes and product traction if sustained. This supports revenue drivers outside pure interest income. Read More.
• Neutral Sentiment: Product rollout awareness: Circle’s new managed payments/stablecoin settlement offerings broaden addressable market (banks, payment providers) but require customer adoption and integration before materially moving revenue. Media coverage raises visibility but not immediate cashflow proof. Read More.
• Negative Sentiment: Analyst downgrade and margin concerns: Compass Point cut CRCL to “sell” (PT ~$77) citing a potential margin squeeze in the core USDC business, and other brokers pared targets — these calls triggered a ~7% intraday decline as investors re‑price interest‑dependent revenue risk. Read More.
• Negative Sentiment: Insider sales: directors (including Rajeev Date and M. Michele Burns) executed Rule 10b5‑1 sales totaling small percentages of their holdings. Even pre‑arranged plan sales can be perceived negatively and add selling pressure amidst analyst pessimism. Read More.

About Circle Internet Group

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.