Circle Internet Group (NYSE:CRCL) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Circle Internet Group (NYSE:CRCL) to a hold rating in a research report sent to investors on Saturday morning.

Circle Internet Group Stock Up 13.4%

NYSE CRCL opened at $151.48 on Friday. Circle Internet Group has a one year low of $64.00 and a one year high of $165.60.

Insider Buying and Selling at Circle Internet Group

In related news, insider Nikhil Chandhok sold 300,000 shares of the stock in a transaction dated Friday, June 6th. The stock was sold at an average price of $29.30, for a total transaction of $8,790,000.00. Following the completion of the transaction, the insider now directly owns 605,580 shares in the company, valued at approximately $17,743,494. This trade represents a 33.13% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder Catalyst Group Vi L.P General sold 3,550,724 shares of Circle Internet Group stock in a transaction that occurred on Friday, June 6th. The shares were sold at an average price of $29.30, for a total value of $104,036,213.20. Following the completion of the sale, the insider now directly owns 20,120,769 shares in the company, valued at approximately $589,538,531.70. This represents a 15.00% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 6,682,884 shares of company stock valued at $195,808,501. 7.87% of the stock is currently owned by corporate insiders.

Circle Internet Group Company Profile

Founded in 2013, Circle’s mission is to raise global economic prosperity through the frictionless exchange of value. We intend to connect the world more deeply by building a new global economic system on the foundation of the internet, and to facilitate the creation of a world where everyone, everywhere can share value as easily as we can today share information, content, and communications.