Circle Internet Group, Inc. (NYSE:CRCL – Get Free Report) CFO Jeremy Fox-Geen sold 8,120 shares of Circle Internet Group stock in a transaction on Friday, June 5th. The shares were sold at an average price of $88.00, for a total value of $714,560.00. Following the completion of the transaction, the chief financial officer directly owned 340,066 shares of the company’s stock, valued at $29,925,808. This represents a 2.33% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Jeremy Fox-Geen also recently made the following trade(s):
- On Monday, May 4th, Jeremy Fox-Geen sold 4,238 shares of Circle Internet Group stock. The shares were sold at an average price of $107.10, for a total value of $453,889.80.
- On Friday, May 1st, Jeremy Fox-Geen sold 7,200 shares of Circle Internet Group stock. The shares were sold at an average price of $92.64, for a total value of $667,008.00.
- On Thursday, April 2nd, Jeremy Fox-Geen sold 4,238 shares of Circle Internet Group stock. The shares were sold at an average price of $90.00, for a total value of $381,420.00.
- On Wednesday, April 1st, Jeremy Fox-Geen sold 7,200 shares of Circle Internet Group stock. The shares were sold at an average price of $98.04, for a total value of $705,888.00.
Circle Internet Group Trading Down 1.8%
NYSE CRCL traded down $1.51 during midday trading on Tuesday, hitting $81.02. The company had a trading volume of 13,406,818 shares, compared to its average volume of 15,481,539. The company has a market capitalization of $20.14 billion and a PE ratio of -25.32. The firm has a 50-day moving average price of $102.88 and a 200-day moving average price of $89.68. Circle Internet Group, Inc. has a twelve month low of $49.90 and a twelve month high of $298.99.
Hedge Funds Weigh In On Circle Internet Group
Institutional investors and hedge funds have recently bought and sold shares of the company. Bartlett & CO. Wealth Management LLC acquired a new position in Circle Internet Group in the 4th quarter worth about $25,000. Larson Financial Group LLC increased its holdings in Circle Internet Group by 3,800.0% in the 3rd quarter. Larson Financial Group LLC now owns 195 shares of the company’s stock worth $26,000 after purchasing an additional 190 shares in the last quarter. EverSource Wealth Advisors LLC acquired a new position in Circle Internet Group in the 2nd quarter worth about $27,000. Bellevue Asset Management LLC acquired a new position in Circle Internet Group in the 4th quarter worth about $29,000. Finally, Harbour Investments Inc. increased its holdings in Circle Internet Group by 170.0% in the 4th quarter. Harbour Investments Inc. now owns 378 shares of the company’s stock worth $30,000 after purchasing an additional 238 shares in the last quarter.
Circle Internet Group News Summary
Here are the key news stories impacting Circle Internet Group this week:
- Positive Sentiment: Circle announced that CEO Jeremy Allaire will speak at VivaTech 2026 on June 17 about the future of digital money and finance, giving the company another high-profile platform to highlight its story and strategy. Circle to Speak at VivaTech 2026
- Positive Sentiment: MassPay expanded its stablecoin payout capabilities through Circle Payments Network, a sign that Circle’s payments infrastructure is gaining additional commercial adoption. MassPay Expands Stablecoin Payout Capabilities
- Neutral Sentiment: Coverage around Circle’s cirBTC launch and progress on the CLARITY Act kept attention on the company’s long-term valuation, but also underscored that investors are still debating whether the stock’s rich multiple is justified. Circle’s cirBTC Launch And CLARITY Act Progress Test Rich Valuation
- Neutral Sentiment: Several market commentary pieces focused on Circle’s valuation and its resilience versus crypto market turbulence, which may be influencing sentiment but do not change the near-term fundamentals directly. Circle Internet Group Valuation After Rival Stablecoin Plans Spark Volatility
- Negative Sentiment: Multiple insiders sold shares, including CEO Jeremy Allaire, CFO Jeremy Fox-Geen, director Patrick Sean Neville, and insider Nikhil Chandhok. While some sales were under pre-arranged 10b5-1 plans and one was tied to tax withholding, the size of the selling may still pressure sentiment. Insider sales filings
Analysts Set New Price Targets
Several analysts recently weighed in on CRCL shares. Wells Fargo & Company raised their price objective on Circle Internet Group from $111.00 to $142.00 and gave the company an “overweight” rating in a research note on Tuesday, May 5th. JPMorgan Chase & Co. dropped their target price on shares of Circle Internet Group from $100.00 to $90.00 and set an “overweight” rating for the company in a report on Tuesday, February 10th. Robert W. Baird raised their price target on shares of Circle Internet Group from $110.00 to $138.00 and gave the company an “outperform” rating in a research note on Tuesday, March 17th. Freedom Capital raised shares of Circle Internet Group to a “hold” rating in a report on Tuesday, April 21st. Finally, Mizuho dropped their price objective on shares of Circle Internet Group from $135.00 to $85.00 and set a “neutral” rating for the company in a research note on Friday. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, eleven have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, Circle Internet Group has a consensus rating of “Hold” and an average target price of $134.18.
Check Out Our Latest Report on Circle Internet Group
Circle Internet Group Company Profile
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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