Circle Internet Group, Inc. (NYSE:CRCL – Get Free Report) Director Patrick Sean Neville sold 1,034,396 shares of the stock in a transaction 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 transaction, the director directly owned 2,018 shares in the company, valued at $167,231.66. The trade was a 99.81% decrease in their position. The sale was disclosed in a legal filing 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 Trading Down 1.8%
Shares of NYSE:CRCL traded down $1.51 during trading 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 company has a fifty day moving average of $102.88 and a two-hundred day moving average of $89.68. The stock has a market capitalization of $20.14 billion and a P/E ratio of -25.32. Circle Internet Group, Inc. has a 12 month low of $49.90 and a 12 month high of $298.99.
More 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
Analyst Upgrades and Downgrades
A number of equities research analysts have issued reports on the stock. Wells Fargo & Company raised their price target on shares of Circle Internet Group from $111.00 to $142.00 and gave the stock an “overweight” rating in a report on Tuesday, May 5th. Wall Street Zen lowered shares of Circle Internet Group from a “hold” rating to a “sell” rating in a report on Saturday, April 11th. Compass Point reissued a “sell” rating and issued a $77.00 price target (down from $79.00) on shares of Circle Internet Group in a report on Thursday, April 9th. KeyCorp assumed coverage on shares of Circle Internet Group in a report on Tuesday, May 26th. They issued a “sector weight” rating on the stock. Finally, Mizuho cut their price target on shares of Circle Internet Group from $135.00 to $85.00 and set a “neutral” rating on the stock in a report on Friday. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $134.18.
Get Our Latest Analysis on Circle Internet Group
Institutional Inflows and Outflows
A number of large investors have recently bought and sold shares of CRCL. NewEdge Advisors LLC raised its holdings in Circle Internet Group by 27.4% in the first quarter. NewEdge Advisors LLC now owns 6,594 shares of the company’s stock worth $629,000 after buying an additional 1,420 shares during the last quarter. Caerus Investment Advisors LLC purchased a new position in Circle Internet Group in the first quarter worth about $265,000. Lavelle Capital LP purchased a new position in Circle Internet Group in the first quarter worth about $1,908,000. CTC Alternative Strategies Ltd. purchased a new position in Circle Internet Group in the first quarter worth about $382,000. Finally, Essential Partners LLC raised its holdings in Circle Internet Group by 1,728.6% in the first quarter. Essential Partners LLC now owns 768 shares of the company’s stock worth $73,000 after buying an additional 726 shares during the last quarter.
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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