Sumitomo Mitsui Trust Group Inc. Acquires 342,080 Shares of Circle Internet Group, Inc. $CRCL

Posted by Brenda Bartman on Jul 9th, 2026

Sumitomo Mitsui Trust Group Inc. boosted its holdings in Circle Internet Group, Inc. (NYSE:CRCL – Free Report) by 13.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,917,764 shares of the company’s stock after purchasing an additional 342,080 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in Circle Internet Group were worth $278,384,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Bartlett & CO. Wealth Management LLC bought a new stake in shares of Circle Internet Group during the 4th quarter worth $25,000. Larson Financial Group LLC grew its position in Circle Internet Group by 3,800.0% during the third quarter. Larson Financial Group LLC now owns 195 shares of the company’s stock valued at $26,000 after buying an additional 190 shares during the period. EverSource Wealth Advisors LLC bought a new position in Circle Internet Group during the second quarter valued at about $27,000. Bellevue Asset Management LLC purchased a new stake in Circle Internet Group during the fourth quarter worth about $29,000. Finally, Harbour Investments Inc. increased its holdings in 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 during the last quarter.

Circle Internet Group Stock Performance

Shares of Circle Internet Group stock opened at $64.18 on Thursday. The stock has a market capitalization of $15.95 billion and a P/E ratio of -20.06. Circle Internet Group, Inc. has a 52-week low of $49.90 and a 52-week high of $262.97. The stock’s 50-day simple moving average is $92.78 and its 200 day simple moving average is $88.84.

Circle Internet Group (NYSE:CRCL – Get Free Report) last issued its earnings results on Monday, May 11th. The company reported $0.21 earnings per share for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.06). Circle Internet Group had a positive return on equity of 2.89% and a negative net margin of 2.76%.The business had revenue of $694.13 million for the quarter. Circle Internet Group’s revenue for the quarter was up 20.0% on a year-over-year basis. Equities research analysts forecast that Circle Internet Group, Inc. will post 1.02 EPS for the current fiscal year.

Insiders Place Their Bets

In other Circle Internet Group news, insider Nikhil Chandhok sold 489,737 shares of Circle Internet Group stock in a transaction that occurred on Wednesday, June 24th. The shares were sold at an average price of $72.37, for a total transaction of $35,442,266.69. Following the completion of the sale, the insider directly owned 521,809 shares in the company, valued at $37,763,317.33. The trade was a 48.41% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Jeremy Allaire sold 56,200 shares of the stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $82.93, for a total value of $4,660,666.00. Following the transaction, the chief executive officer owned 510,579 shares in the company, valued at $42,342,316.47. This trade represents a 9.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 1,954,861 shares of company stock worth $156,473,563. 10.85% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

CRCL has been the topic of a number of research analyst reports. KeyCorp initiated coverage on shares of Circle Internet Group in a research note on Tuesday, May 26th. They issued a “sector weight” rating on the stock. Needham & Company LLC raised their price target on shares of Circle Internet Group from $130.00 to $150.00 and gave the stock a “buy” rating in a research note on Tuesday, May 12th. The Goldman Sachs Group decreased their price target on shares of Circle Internet Group from $111.00 to $96.00 and set a “neutral” rating for the company in a research note on Thursday, July 2nd. Susquehanna began coverage on shares of Circle Internet Group in a report on Wednesday, July 1st. They issued a “neutral” rating and a $69.00 price target on the stock. Finally, Freedom Capital upgraded Circle Internet Group to a “hold” rating in a research note on Tuesday, April 21st. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, thirteen have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $117.38.

View Our Latest Research Report on Circle Internet Group

Circle Internet Group Company Profile

(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.