Ballentine Partners LLC Acquires New Stake in Circle Internet Group, Inc. $CRCL

Ballentine Partners LLC acquired a new stake in Circle Internet Group, Inc. (NYSE:CRCL) during the 4th quarter, Holdings Channel reports. The institutional investor acquired 231,437 shares of the company’s stock, valued at approximately $18,353,000.

Other large investors also recently bought and sold shares of the company. Bartlett & CO. Wealth Management LLC purchased a new position in Circle Internet Group in the 4th quarter valued at about $25,000. Larson Financial Group LLC lifted its stake in shares of 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 buying an additional 190 shares during the period. Pilgrim Partners Asia Pte Ltd acquired a new stake in Circle Internet Group during the third quarter worth approximately $27,000. EverSource Wealth Advisors LLC acquired a new stake in Circle Internet Group during the second quarter worth approximately $27,000. Finally, Bellevue Asset Management LLC purchased a new stake in Circle Internet Group in the 4th quarter worth approximately $29,000.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on CRCL shares. Needham & Company LLC decreased their price objective on Circle Internet Group from $190.00 to $130.00 and set a “buy” rating on the stock in a report on Thursday, February 26th. Clear Str upgraded Circle Internet Group from a “hold” rating to a “strong-buy” rating in a report on Monday, March 16th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Circle Internet Group in a research note on Monday, April 20th. Robert W. Baird increased their price objective on shares of Circle Internet Group from $110.00 to $138.00 and gave the stock an “outperform” rating in a report on Tuesday, March 17th. Finally, Wall Street Zen downgraded shares of Circle Internet Group from a “hold” rating to a “sell” rating in a report on Saturday, April 11th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, eleven have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $129.06.

Circle Internet Group Stock Down 0.6%

Shares of NYSE:CRCL opened at $112.59 on Friday. The company has a market capitalization of $27.79 billion and a price-to-earnings ratio of -60.53. The company has a 50 day moving average of $103.32 and a two-hundred day moving average of $90.26. Circle Internet Group, Inc. has a 52-week low of $49.90 and a 52-week high of $298.99.

Circle Internet Group (NYSE:CRCL) last posted its earnings results on Wednesday, February 25th. The company reported $0.43 EPS for the quarter, topping analysts’ consensus estimates of $0.25 by $0.18. The firm had revenue of $770.23 million for the quarter. The business’s revenue was up 76.9% compared to the same quarter last year. On average, equities analysts anticipate that Circle Internet Group, Inc. will post 0.84 earnings per share for the current year.

Insider Activity at Circle Internet Group

In other news, CFO Jeremy Fox-Geen sold 4,238 shares of Circle Internet Group stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $107.10, for a total transaction of $453,889.80. Following the sale, the chief financial officer directly owned 355,611 shares of the company’s stock, valued at approximately $38,085,938.10. The trade was a 1.18% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through 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, CAO Tamara L. Schulz sold 1,194 shares of the business’s stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $107.10, for a total value of $127,877.40. Following the completion of the transaction, the chief accounting officer owned 90,829 shares in the company, valued at approximately $9,727,785.90. This trade represents a 1.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 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. Over the last ninety days, insiders sold 617,464 shares of company stock valued at $60,251,749. 10.85% of the stock is currently owned by insiders.

Trending Headlines about Circle Internet Group

Here are the key news stories impacting Circle Internet Group this week:

• Positive Sentiment: Circle continues to benefit from growing adoption of USDC and broader crypto infrastructure demand. One article highlighted that U.S. legislation and EU licensing are helping position Circle as a key regulated digital finance player. The Great Crypto Thaw: Regulation Ignites an Infrastructure Boom
• Positive Sentiment: Circle is also expanding product integrations, including USDC and AI capabilities within Kyriba’s treasury platform, and a separate report said the stock jumped after expanding USDC settlement through a Mesh collaboration. Circle Internet Group (CRCL) Integrates USDC and AI into Kyriba’s Treasury Platform Why Circle Internet Group (CRCL) Is Up 27.5% After Expanding USDC Settlement Through Mesh Collaboration
• Positive Sentiment: Wells Fargo raised its price target on Circle to $142, signaling continued Wall Street confidence in the company’s long-term prospects. Wells Fargo & Company Increases Circle Internet Group (NYSE:CRCL) Price Target to $142.00
• Neutral Sentiment: A value-stock comparison with Virtu Financial (VIRT) did not identify a clear catalyst for Circle, but it keeps CRCL on investors’ radar as a potential long-term growth name versus a traditional financial-services peer. VIRT or CRCL: Which Is the Better Value Stock Right Now?
• Negative Sentiment: Several insiders, including a director and the CFO, sold shares ahead of earnings, which can signal caution and has weighed on sentiment. Circle Internet Group (NYSE:CRCL) Director Sells $179,278.26 in Stock Circle Internet Group (NYSE:CRCL) CFO Sells $453,889.80 in Stock Circle Stock Shifts Lower as Board Member Sells Shares
• Negative Sentiment: Additional reports of share sales by board members and executives have added to the overhang on CRCL, reinforcing concerns about near-term insider confidence. M Michele Burns Sells 10,000 Shares of Circle Internet Group (NYSE:CRCL) Stock Jeremy Fox-Geen Sells 7,200 Shares of Circle Internet Group (NYSE:CRCL) Stock
• Negative Sentiment: Analysts have also flagged Circle’s rich valuation and margin pressure as possible limits to further upside heading into earnings. Circle Before Q1 Earnings Release: Buy, Hold or Sell the Stock?

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.