Circle Internet Group, Inc. $CRCL Shares Sold by William Blair Investment Management LLC

William Blair Investment Management LLC cut its position in Circle Internet Group, Inc. (NYSE:CRCL) by 2.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 843,808 shares of the company’s stock after selling 17,444 shares during the quarter. William Blair Investment Management LLC owned about 0.33% of Circle Internet Group worth $69,336,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Sumitomo Mitsui Trust Group Inc. lifted its stake in Circle Internet Group by 24.6% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 3,970,939 shares of the company’s stock valued at $326,292,000 after acquiring an additional 785,213 shares during the last quarter. Southpoint Capital Advisors LP increased its stake in shares of Circle Internet Group by 175.0% during the 1st quarter. Southpoint Capital Advisors LP now owns 3,300,000 shares of the company’s stock worth $314,853,000 after purchasing an additional 2,100,000 shares during the last quarter. Amova Asset Management Americas Inc. increased its stake in shares of Circle Internet Group by 13.4% during the 1st quarter. Amova Asset Management Americas Inc. now owns 2,914,947 shares of the company’s stock worth $278,173,000 after purchasing an additional 344,539 shares during the last quarter. SBI Holdings USA Inc. acquired a new position in shares of Circle Internet Group during the 2nd quarter worth about $101,084,820. Finally, Accel XI Associates L.L.C. bought a new stake in shares of Circle Internet Group in the 2nd quarter valued at about $56,999,563.

Insider Activity

In other news, insider Hossein Razzaghi sold 1,831 shares of the business’s stock in a transaction that occurred on Tuesday, November 3rd. The stock was sold at an average price of $73.06, for a total transaction of $133,772.86. Following the completion of the sale, the insider owned 637,770 shares in the company, valued at $46,595,476.20. The trade was a 0.29% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at 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 3,032 shares of the company’s stock in a transaction that occurred on Thursday, November 5th. The shares were sold at an average price of $68.48, for a total value of $207,631.36. Following the completion of the transaction, the chief executive officer directly owned 57,282 shares in the company, valued at $3,922,671.36. The trade was a 5.03% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 424,896 shares of company stock valued at $36,323,409. Company insiders own 10.85% of the company’s stock.

Circle Internet Group Stock Down 2.7%

Shares of NYSE CRCL traded down $1.69 during mid-day trading on Friday, reaching $62.13. 7,949,604 shares of the company were exchanged, compared to its average volume of 9,915,648. The company’s 50-day simple moving average is $82.68 and its 200-day simple moving average is $85.48. The stock has a market capitalization of $15.94 billion, a P/E ratio of 37.43 and a beta of 0.84. Circle Internet Group, Inc. has a twelve month low of $49.90 and a twelve month high of $140.00.

Circle Internet Group (NYSE:CRCL) last announced its earnings results on Wednesday, November 4th. The company reported $0.84 EPS for the quarter, topping the consensus estimate of $0.42 by $0.42. Circle Internet Group had a net margin of 15.27% and a return on equity of 13.10%. The business had revenue of $864.89 million during the quarter. During the same period in the previous year, the firm posted $0.64 EPS. The business’s quarterly revenue was up 16.9% on a year-over-year basis. As a group, equities research analysts expect that Circle Internet Group, Inc. will post 1.24 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. HC Wainwright cut their target price on shares of Circle Internet Group from $104.00 to $100.00 and set a “buy” rating for the company in a research note on Thursday, November 5th. Deutsche Bank upgraded Circle Internet Group from a “hold” rating to a “buy” rating in a report on Thursday, November 5th. Wells Fargo & Company lowered their price target on Circle Internet Group from $115.00 to $101.00 and set an “overweight” rating on the stock in a research report on Thursday, November 5th. BMO Capital Markets began coverage on Circle Internet Group in a research note on Thursday, November 5th. They issued an “outperform” rating on the stock. Finally, Zacks Research raised Circle Internet Group from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 16th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, seven have given a Hold rating and five have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Circle Internet Group presently has an average rating of “Hold” and an average target price of $91.44.

Circle Internet Group News Summary

These are some of the CRCL news items that stood out recently:

• Negative Sentiment: HC Wainwright cut several earnings forecasts, including Q4 2026 EPS to $0.02 from $0.51, Q1 2027 to $0.23 from $0.40, and FY2027 to $1.28 from $1.39. It retained a Buy rating and $100 target, while slightly raising its FY2026 estimate to $1.25 from $1.24. HC Wainwright estimates and rating
• Negative Sentiment: A Circle insider sold about $1.76 million in shares. Insider sales can weigh on sentiment, although the report alone does not establish the seller’s reason. Circle insider share sale
• Negative Sentiment: The USDC volume report also flags declining reserve income and rising competition as risks, which could limit how much transaction growth translates into earnings. USDC growth risks

Circle Internet Group Company Profile

Circle Internet Group develops digital financial infrastructure centered on stablecoins and blockchain-based payments. Its principal products include USDC, a U.S. dollar-pegged stablecoin, and EURC, a euro-pegged stablecoin. The company also provides services and software that help businesses use digital currencies for payments and financial applications. Circle Mint is a platform for eligible institutions to mint and redeem USDC and EURC. Circle also offers developer tools and infrastructure, including its Cross-Chain Transfer Protocol, which supports the movement of USDC across compatible blockchains.