Circle Internet Group, Inc. (NYSE:CRCL – Get Free Report) Director Rajeev Date sold 1,273 shares of the company’s stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of $85.00, for a total value of $108,205.00. Following the completion of the transaction, the director directly owned 154,346 shares in the company, valued at $13,119,410. The trade was a 0.82% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Circle Internet Group Trading Down 2.3%
Shares of CRCL stock opened at $79.27 on Thursday. The stock has a market cap of $19.70 billion and a P/E ratio of -24.77. The stock has a 50 day simple moving average of $102.42 and a 200 day simple moving average of $89.85. Circle Internet Group, Inc. has a 1 year low of $49.90 and a 1 year high of $298.99.
Circle Internet Group (NYSE:CRCL – Get Free Report) last issued its quarterly earnings results on Monday, May 11th. The company reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.27 by ($0.06). The company had revenue of $694.13 million during the quarter. Circle Internet Group had a negative net margin of 2.76% and a positive return on equity of 2.89%. Circle Internet Group’s revenue was up 20.0% compared to the same quarter last year. Analysts forecast that Circle Internet Group, Inc. will post 1.02 EPS for the current year.
Wall Street Analysts Forecast Growth
View Our Latest Report on Circle Internet Group
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, giving the company a high-profile venue to promote its digital-money strategy and broader vision. Circle to Speak at VivaTech 2026
- Positive Sentiment: MassPay expanded stablecoin payout capabilities through Circle Payments Network, suggesting continued commercial adoption of Circle’s payments infrastructure. MassPay Expands Stablecoin Payout Capabilities
- Neutral Sentiment: Coverage around Circle’s cirBTC launch and CLARITY Act progress keeps the stock in focus, but also highlights ongoing debate about whether the company’s valuation is too rich. Circle’s cirBTC Launch And CLARITY Act Progress Test Rich Valuation
- Neutral Sentiment: Analyst and market commentary continues to center on Circle’s valuation and its exposure to crypto-market sentiment, which may be influencing trading but does not materially change near-term fundamentals. Circle May Be the Biggest Winner of America’s Stablecoin Shift
- Negative Sentiment: Multiple insiders sold shares recently, including a large sale by director Patrick Sean Neville and additional sales by the CEO and CFO, which can weigh on investor confidence despite the trading plans behind the transactions. Insider sales filings
Institutional Investors Weigh In On Circle Internet Group
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Bartlett & CO. Wealth Management LLC acquired a new position in shares of Circle Internet Group during the fourth quarter worth $25,000. Larson Financial Group LLC increased its holdings 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 worth $26,000 after buying an additional 190 shares in the last quarter. EverSource Wealth Advisors LLC acquired a new position in shares of Circle Internet Group during the second quarter worth $27,000. Bellevue Asset Management LLC acquired a new position in shares of Circle Internet Group during the fourth quarter worth $29,000. Finally, Harbour Investments Inc. increased its holdings in shares of Circle Internet Group by 170.0% during the fourth quarter. Harbour Investments Inc. now owns 378 shares of the company’s stock worth $30,000 after buying an additional 238 shares in 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.
Featured Stories
- Five stocks we like better than Circle Internet Group
- The “Duck Stock” Keeps Quietly Making Money for Shareholders
- As Shares Fall, Analyst Are Boosting their Broadcom Price Targets
- Everpure: AI Storage Uncertainty Overshadows Breakneck Growth
- This Tech ETF Is Beating QQQ—and Canada May Be Part of the Reason
Receive News & Ratings for Circle Internet Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Circle Internet Group and related companies with MarketBeat.com's FREE daily email newsletter.
