Circle Internet Group, Inc. (NYSE:CRCL – Get Free Report) Director Patrick Sean Neville sold 1,034,396 shares of Circle Internet Group stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $82.87, for a total transaction of $85,720,396.52. Following the completion of the sale, the director owned 2,018 shares of the company’s stock, valued at $167,231.66. This represents a 99.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 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.
Patrick Sean Neville also recently made the following trade(s):
- On Friday, May 1st, Patrick Sean Neville sold 5,000 shares of Circle Internet Group stock. The stock was sold at an average price of $92.64, for a total transaction of $463,200.00.
- On Friday, May 1st, Patrick Sean Neville sold 30,000 shares of Circle Internet Group stock. The stock was sold at an average price of $92.65, for a total transaction of $2,779,500.00.
- On Wednesday, April 1st, Patrick Sean Neville sold 5,000 shares of Circle Internet Group stock. The stock was sold at an average price of $98.04, for a total transaction of $490,200.00.
- On Wednesday, April 1st, Patrick Sean Neville sold 30,000 shares of Circle Internet Group stock. The stock was sold at an average price of $98.04, for a total transaction of $2,941,200.00.
Circle Internet Group Stock Performance
Shares of CRCL stock traded down $1.51 during trading hours on Tuesday, reaching $81.02. The company had a trading volume of 13,406,818 shares, compared to its average volume of 15,481,539. The business has a fifty day moving average price of $102.88 and a 200-day moving average price of $89.68. Circle Internet Group, Inc. has a one year low of $49.90 and a one year high of $298.99. The firm has a market cap of $20.14 billion and a PE ratio of -25.32.
Key Headlines Impacting Circle Internet Group
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
Institutional Trading of Circle Internet Group
Several large investors have recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC bought a new stake in Circle Internet Group during the second quarter valued at approximately $27,000. PNC Financial Services Group Inc. lifted its holdings in Circle Internet Group by 14.9% during the third quarter. PNC Financial Services Group Inc. now owns 1,164 shares of the company’s stock valued at $154,000 after purchasing an additional 151 shares in the last quarter. Larson Financial Group LLC lifted its holdings in Circle Internet Group by 3,800.0% during the third quarter. Larson Financial Group LLC now owns 195 shares of the company’s stock valued at $26,000 after purchasing an additional 190 shares in the last quarter. Harbour Investments Inc. lifted its holdings in Circle Internet Group by 170.0% during the fourth quarter. Harbour Investments Inc. now owns 378 shares of the company’s stock valued at $30,000 after purchasing an additional 238 shares in the last quarter. Finally, Montag A & Associates Inc. purchased a new position in Circle Internet Group during the third quarter valued at approximately $33,000.
Analyst Upgrades and Downgrades
CRCL has been the subject of a number of research analyst reports. Wells Fargo & Company lifted their price target on shares of Circle Internet Group from $111.00 to $142.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 5th. Canaccord Genuity Group restated a “buy” rating and set a $160.00 target price on shares of Circle Internet Group in a research report on Wednesday, March 25th. Needham & Company LLC boosted their target price on shares of Circle Internet Group from $130.00 to $150.00 and gave the company a “buy” rating in a research report on Tuesday, May 12th. HC Wainwright upgraded shares of Circle Internet Group from a “neutral” rating to a “buy” rating and boosted their target price for the company from $85.00 to $150.00 in a research report on Monday, May 18th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $101.00 target price on shares of Circle Internet Group in a research report on Tuesday, May 12th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $134.18.
Read Our Latest Analysis on Circle Internet Group
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.
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