Quantinno Capital Management LP boosted its holdings in Circle Internet Group, Inc. (NYSE:CRCL – Free Report) by 150.9% in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 31,034 shares of the company’s stock after buying an additional 18,663 shares during the quarter. Quantinno Capital Management LP’s holdings in Circle Internet Group were worth $2,961,000 at the end of the most recent quarter.
Other institutional investors have also recently made changes to their positions in the company. Creative Planning purchased a new position in shares of Circle Internet Group during the second quarter valued at approximately $295,000. Arrowstreet Capital Limited Partnership purchased a new stake in Circle Internet Group in the second quarter worth approximately $1,474,000. Invesco Ltd. purchased a new stake in Circle Internet Group in the second quarter worth approximately $47,640,000. EverSource Wealth Advisors LLC bought a new stake in Circle Internet Group in the 2nd quarter worth approximately $27,000. Finally, Baird Financial Group Inc. bought a new stake in Circle Internet Group in the 2nd quarter worth approximately $2,649,000.
Analyst Upgrades and Downgrades
CRCL has been the topic of several research analyst reports. Mizuho set a $45.00 price target on Circle Internet Group and gave the company a “neutral” rating in a report on Friday, July 31st. Robert W. Baird reduced their price objective on Circle Internet Group from $138.00 to $100.00 and set an “outperform” rating for the company in a research report on Monday, July 13th. Compass Point set a $62.00 target price on Circle Internet Group in a report on Wednesday, July 15th. William Blair reissued an “outperform” rating on shares of Circle Internet Group in a research report on Wednesday. Finally, The Goldman Sachs Group set a $71.00 price target on Circle Internet Group in a research note on Thursday. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, thirteen have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $96.82.
Circle Internet Group Stock Performance
NYSE:CRCL opened at $66.86 on Friday. The stock has a 50-day simple moving average of $71.55 and a two-hundred day simple moving average of $85.99. The firm has a market capitalization of $16.62 billion, a PE ratio of 45.79 and a beta of 0.23. Circle Internet Group, Inc. has a 52-week low of $49.90 and a 52-week high of $189.92.
Circle Internet Group (NYSE:CRCL – Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.18 EPS for the quarter, missing the consensus estimate of $0.26 by ($0.08). Circle Internet Group had a return on equity of 13.58% and a net margin of 15.53%.The company had revenue of $701.32 million during the quarter. The firm’s revenue for the quarter was up 6.6% on a year-over-year basis. During the same quarter in the prior year, the business earned ($4.48) earnings per share. Equities analysts forecast that Circle Internet Group, Inc. will post 0.88 earnings per share for the current fiscal year.
Key Circle Internet Group News
Here are the key news stories impacting Circle Internet Group this week:
- Positive Sentiment: USDC activity accelerated: USDC transaction volume increased 151% year over year, highlighting stronger adoption of Circle’s stablecoin and potentially expanding its future interest income and payments opportunities. Blueprint for a Banking Fortress: Circle Redraws the Map
- Positive Sentiment: Expansion of its infrastructure: Circle secured new banking charters and IBM-related patents, developments that could strengthen its position in digital payments, stablecoins and blockchain infrastructure. The company is also investing in the Arc blockchain launch, which could create longer-term growth opportunities.
- Positive Sentiment: Analysts remain constructive: TD Cowen assigned Circle a buy rating. H.C. Wainwright and Needham also maintained buy ratings, with revised price targets of $104 and $127, respectively—well above the stock’s recent trading level. However, both firms reduced their targets, reflecting more cautious near-term expectations. H.C. Wainwright price target
- Neutral Sentiment: Revenue continued to grow: Second-quarter revenue rose 6.6% year over year to approximately $701.3 million, but the results provided a mixed picture because growth did not fully translate into earnings expansion.
- Negative Sentiment: Profitability missed expectations: Circle reported quarterly earnings of $0.18 per share, below the $0.26 analyst consensus cited in the company’s results data. Heavy investment in the Arc blockchain launch also pressured earnings, raising concerns about near-term costs and execution.
- Negative Sentiment: Why the stock has decreased: Investors appear focused on the earnings shortfall, spending requirements and lower analyst price targets rather than the strong USDC volume growth. Shares remain below their 50-day and 200-day moving averages, signaling continued technical weakness.
Insider Buying and Selling
In other Circle Internet Group news, CAO Tamara L. Schulz sold 1,194 shares of the company’s stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $60.08, for a total value of $71,735.52. Following the completion of the transaction, the chief accounting officer directly owned 99,205 shares in the company, valued at $5,960,236.40. This represents a 1.19% decrease in their ownership of the stock. The transaction 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, insider Hossein Razzaghi sold 1,829 shares of the stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $60.08, for a total transaction of $109,886.32. Following the completion of the sale, the insider directly owned 659,310 shares of the company’s stock, valued at approximately $39,611,344.80. This trade represents a 0.28% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 2,028,697 shares of company stock worth $157,654,840 in the last ninety days. Corporate insiders own 10.85% of the company’s stock.
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.
Featured Articles
- Five stocks we like better than Circle Internet Group
- Quantum Earnings Week: Winners and Losers Are Finally Emerging
- Axon’s Post-Earnings Pullback May Be More About Valuation Than Growth
- Uber Stock Lags in 2026, But Cash Flow and AV Bets Fuel Upside
- AppLovin Stock Hits 52-Week Low as Analysts Trim Targets, Stay Bullish
Want to see what other hedge funds are holding CRCL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Circle Internet Group, Inc. (NYSE:CRCL – Free Report).
Receive News & Ratings for Circle Internet Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Circle Internet Group and related companies with MarketBeat.com's FREE daily email newsletter.
