Circle Internet Group, Inc. (NYSE:CRCL – Get 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.
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
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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