Circle Internet Group, Inc. (NYSE:CRCL – Get Free Report) CFO Jeremy Fox-Geen sold 7,200 shares of the stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $92.64, for a total value of $667,008.00. Following the completion of the sale, the chief financial officer owned 363,726 shares in the company, valued at approximately $33,695,576.64. The trade was a 1.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at 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.
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 value of $453,889.80.
- On Thursday, April 2nd, Jeremy Fox-Geen sold 4,238 shares of Circle Internet Group stock. The shares were sold at an average price of $90.00, for a total value of $381,420.00.
- On Wednesday, April 1st, Jeremy Fox-Geen sold 7,200 shares of Circle Internet Group stock. The shares were sold at an average price of $98.04, for a total value of $705,888.00.
- On Thursday, February 26th, Jeremy Fox-Geen sold 47,908 shares of Circle Internet Group stock. The stock was sold at an average price of $90.00, for a total value of $4,311,720.00.
Circle Internet Group Trading Down 4.6%
NYSE:CRCL opened at $114.07 on Wednesday. The company has a market cap of $28.15 billion and a price-to-earnings ratio of -61.33. Circle Internet Group, Inc. has a twelve month low of $49.90 and a twelve month high of $298.99. The stock has a fifty day simple moving average of $101.06 and a 200-day simple moving average of $90.40.
Wall Street Analyst Weigh In
Several analysts have recently weighed in on CRCL shares. Zacks Research raised shares of Circle Internet Group from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 17th. Compass Point reissued a “sell” rating and issued a $77.00 price objective (down from $79.00) on shares of Circle Internet Group in a research note on Thursday, April 9th. Canaccord Genuity Group restated a “buy” rating and set a $160.00 price objective on shares of Circle Internet Group in a report on Wednesday, March 25th. Wall Street Zen lowered Circle Internet Group from a “hold” rating to a “sell” rating in a research report on Saturday, April 11th. Finally, Needham & Company LLC lowered their target price on Circle Internet Group from $190.00 to $130.00 and set a “buy” rating for the company in a report on Thursday, February 26th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $129.06.
View Our Latest Stock Analysis on CRCL
Trending Headlines about Circle Internet Group
Here are the key news stories impacting Circle Internet Group this week:
- Positive Sentiment: Wells Fargo raised its price target to $142 and assigned an “overweight” rating, giving fresh analyst support and signaling upside versus current levels. Wells Fargo price target raise (Benzinga)
- Positive Sentiment: Congressional progress on the CLARITY Act (stablecoin legislation) — language that preserves stablecoin yield mechanics — has been a primary catalyst for recent rallies in Circle and other crypto infrastructure stocks. This regulatory clarity is viewed as de‑risking Circle’s USDC business model. CLARITY Act coverage (CNBC)
- Positive Sentiment: Unusually heavy call-option buying was reported (≈138,700 calls), indicating short‑term bullish positioning from traders that can amplify moves on positive headlines. (Options volume entry)
- Neutral Sentiment: Upcoming earnings (Circle scheduled to report in mid‑May) are a near‑term catalyst — results and management commentary will determine whether recent regulatory gains translate into sustained revenue/margin improvement. (Earnings date context)
- Negative Sentiment: Multiple insiders — including the CFO, CAO and several directors — sold shares recently under pre‑arranged Rule 10b5‑1 plans to cover tax withholding on vesting awards. While disclosed as routine and planned, the volume of sales can create perception pressure and add selling supply. Representative SEC filing: Insider Form 4 (SEC)
- Negative Sentiment: Legal overhangs (class-action litigation tied to protocol incidents noted in recent coverage) and execution risks around scaling international products remain potential headwinds that could dampen sentiment if developments turn adverse. (Background/legal risk)
Hedge Funds Weigh In On Circle Internet Group
A number of hedge funds and other institutional investors have recently modified their holdings of the business. General Catalyst Group Management LLC purchased a new position in Circle Internet Group during the second quarter valued at approximately $3,647,694,000. IDG Accel China Capital II Associates L.P. purchased a new stake in Circle Internet Group during the fourth quarter worth $554,792,000. Accel XI Associates L.L.C. bought a new stake in Circle Internet Group during the 4th quarter valued at $513,844,000. Vanguard Group Inc. increased its holdings in shares of Circle Internet Group by 61.6% in the 3rd quarter. Vanguard Group Inc. now owns 5,578,696 shares of the company’s stock valued at $739,624,000 after acquiring an additional 2,126,072 shares during the period. Finally, Renaissance Technologies LLC purchased a new position in shares of Circle Internet Group in the 4th quarter valued at $163,948,000.
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.
Further Reading
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