Circle Internet Group (NYSE:CRCL) Insider Nikhil Chandhok Sells 26,666 Shares

Circle Internet Group, Inc. (NYSE:CRCL) insider Nikhil Chandhok sold 26,666 shares of the stock in a transaction on Monday, June 8th. The shares were sold at an average price of $83.75, for a total value of $2,233,277.50. Following the completion of the sale, the insider owned 521,809 shares of the company’s stock, valued at approximately $43,701,503.75. This represents a 4.86% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Nikhil Chandhok also recently made the following trade(s):

• On Thursday, May 21st, Nikhil Chandhok sold 10,000 shares of Circle Internet Group stock. The shares were sold at an average price of $111.00, for a total value of $1,110,000.00.
• On Tuesday, April 21st, Nikhil Chandhok sold 10,000 shares of Circle Internet Group stock. The shares were sold at an average price of $104.00, for a total value of $1,040,000.00.
• On Monday, March 23rd, Nikhil Chandhok sold 10,000 shares of Circle Internet Group stock. The shares were sold at an average price of $123.08, for a total value of $1,230,800.00.

Circle Internet Group Trading Down 1.8%

Shares of NYSE CRCL opened at $81.02 on Wednesday. Circle Internet Group, Inc. has a 12-month low of $49.90 and a 12-month high of $298.99. The company has a market cap of $20.14 billion and a P/E ratio of -25.32. The stock has a fifty day moving average price of $102.62 and a 200 day moving average price of $89.76.

Circle Internet Group (NYSE:CRCL) last announced its quarterly earnings results on Monday, May 11th. The company reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.27 by ($0.06). Circle Internet Group had a negative net margin of 2.76% and a positive return on equity of 2.89%. The company had revenue of $694.13 million during the quarter. Circle Internet Group’s quarterly revenue was up 20.0% compared to the same quarter last year. On average, sell-side analysts forecast that Circle Internet Group, Inc. will post 1.02 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on CRCL shares. KeyCorp started coverage on Circle Internet Group in a research note on Tuesday, May 26th. They set a “sector weight” rating for the company. William Blair restated an “outperform” rating on shares of Circle Internet Group in a research note on Wednesday, February 25th. Weiss Ratings restated a “sell (d)” rating on shares of Circle Internet Group in a research note on Monday, April 20th. Wells Fargo & Company raised their target price 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. Finally, Wall Street Zen downgraded Circle Internet Group from a “hold” rating to a “sell” rating in a research note on Saturday, April 11th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Circle Internet Group currently has a consensus rating of “Hold” and a consensus price target of $134.18.

Hedge Funds Weigh In On Circle Internet Group

Hedge funds have recently bought and sold shares of the company. EverSource Wealth Advisors LLC acquired a new position in Circle Internet Group in the second quarter worth about $27,000. Larson Financial Group LLC grew its stake in Circle Internet Group by 3,800.0% in the third 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. Montag A & Associates Inc. acquired a new position in Circle Internet Group in the third quarter worth about $33,000. National Bank of Canada FI acquired a new position in Circle Internet Group in the third quarter worth about $37,000. Finally, Pin Oak Investment Advisors Inc. acquired a new position in Circle Internet Group in the third quarter worth about $39,000.

Key Circle Internet Group News

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

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.