Circle Internet Group (NYSE:CRCL) CFO Jeremy Fox-Geen Sells 8,120 Shares

Circle Internet Group, Inc. (NYSE:CRCLGet Free Report) CFO Jeremy Fox-Geen sold 8,120 shares of the firm’s stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $88.00, for a total transaction of $714,560.00. Following the completion of the transaction, the chief financial officer owned 340,066 shares of the company’s stock, valued at approximately $29,925,808. The trade was a 2.33% 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.

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 stock was sold at an average price of $107.10, for a total transaction of $453,889.80.
  • On Friday, May 1st, Jeremy Fox-Geen sold 7,200 shares of Circle Internet Group stock. The stock was sold at an average price of $92.64, for a total transaction of $667,008.00.
  • On Thursday, April 2nd, Jeremy Fox-Geen sold 4,238 shares of Circle Internet Group stock. The stock was sold at an average price of $90.00, for a total transaction of $381,420.00.
  • On Wednesday, April 1st, Jeremy Fox-Geen sold 7,200 shares of Circle Internet Group stock. The stock was sold at an average price of $98.04, for a total transaction of $705,888.00.

Circle Internet Group Stock Performance

CRCL stock opened at $81.02 on Wednesday. The stock has a market cap of $20.14 billion and a P/E ratio of -25.32. The firm has a 50 day simple moving average of $102.62 and a 200 day simple moving average of $89.76. Circle Internet Group, Inc. has a 52 week low of $49.90 and a 52 week high of $298.99.

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

Hedge Funds Weigh In On Circle Internet Group

A number of institutional investors have recently modified their holdings of CRCL. General Catalyst Group Management LLC bought a new position in shares of Circle Internet Group in the second quarter valued at approximately $3,647,694,000. IDG Accel China Capital II Associates L.P. bought a new position in shares of Circle Internet Group in the fourth quarter valued at approximately $554,792,000. Accel XI Associates L.L.C. bought a new position in shares of Circle Internet Group in the fourth quarter valued at approximately $513,844,000. Vanguard Group Inc. raised its position in shares of Circle Internet Group by 61.6% in the third quarter. Vanguard Group Inc. now owns 5,578,696 shares of the company’s stock valued at $739,624,000 after purchasing an additional 2,126,072 shares during the period. Finally, Southpoint Capital Advisors LP raised its position in shares of Circle Internet Group by 175.0% in the first quarter. Southpoint Capital Advisors LP now owns 3,300,000 shares of the company’s stock valued at $314,853,000 after purchasing an additional 2,100,000 shares during the period.

Wall Street Analyst Weigh In

A number of analysts have issued reports on CRCL shares. Morgan Stanley lifted their target price on shares of Circle Internet Group from $80.00 to $106.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 19th. Wells Fargo & Company lifted their target price on shares of Circle Internet Group from $111.00 to $142.00 and gave the company an “overweight” rating in a research note on Tuesday, May 5th. Canaccord Genuity Group reiterated a “buy” rating and issued a $160.00 target price on shares of Circle Internet Group in a research note on Wednesday, March 25th. Needham & Company LLC lifted 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 note on Tuesday, May 12th. Finally, Clear Str upgraded shares of Circle Internet Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, March 16th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, eleven have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $134.18.

Check Out Our Latest Stock Report on CRCL

Key Stories 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

Circle Internet Group Company Profile

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for Circle Internet Group (NYSE:CRCL)

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