Circle Internet Group, Inc. (NYSE:CRCL – Get Free Report) Director M Michele Burns sold 1,666 shares of the firm’s stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $107.61, for a total transaction of $179,278.26. Following the completion of the transaction, the director directly owned 340,206 shares in the company, valued at $36,609,567.66. This represents a 0.49% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
M Michele Burns also recently made the following trade(s):
- On Tuesday, May 5th, M Michele Burns sold 10,000 shares of Circle Internet Group stock. The stock was sold at an average price of $120.15, for a total transaction of $1,201,500.00.
- On Monday, April 6th, M Michele Burns sold 1,666 shares of Circle Internet Group stock. The stock was sold at an average price of $92.38, for a total transaction of $153,905.08.
- On Thursday, March 12th, M Michele Burns sold 11,670 shares of Circle Internet Group stock. The stock was sold at an average price of $112.71, for a total transaction of $1,315,325.70.
- On Wednesday, March 4th, M Michele Burns sold 25,000 shares of Circle Internet Group stock. The stock was sold at an average price of $105.00, for a total transaction of $2,625,000.00.
- On Monday, March 2nd, M Michele Burns sold 80,000 shares of Circle Internet Group stock. The stock was sold at an average price of $94.88, for a total transaction of $7,590,400.00.
- On Thursday, February 26th, M Michele Burns sold 10,000 shares of Circle Internet Group stock. The stock was sold at an average price of $82.00, for a total transaction of $820,000.00.
Circle Internet Group Trading Down 4.6%
NYSE CRCL traded down $5.46 during trading hours on Tuesday, reaching $114.07. The company’s stock had a trading volume of 22,378,759 shares, compared to its average volume of 14,959,473. The business has a 50-day simple moving average of $100.04 and a 200 day simple moving average of $90.55. Circle Internet Group, Inc. has a 52 week low of $49.90 and a 52 week high of $298.99. The stock has a market cap of $28.15 billion and a PE ratio of -61.33.
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC acquired a new position in Circle Internet Group in the second quarter worth approximately $27,000. Larson Financial Group LLC grew its position in Circle Internet Group by 3,800.0% in 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 during the last quarter. Pilgrim Partners Asia Pte Ltd acquired a new position in Circle Internet Group in the third quarter worth approximately $27,000. Montag A & Associates Inc. acquired a new position in Circle Internet Group in the third quarter worth approximately $33,000. Finally, Stonehage Fleming Financial Services Holdings Ltd acquired a new position in Circle Internet Group in the third quarter worth approximately $35,000.
Key Stories Impacting Circle Internet Group
Here are the key news stories impacting Circle Internet Group this week:
- Positive Sentiment: U.S. lawmakers reached a compromise on the CLARITY Act that preserves key stablecoin reward mechanics, reducing regulatory risk to USDC yield programs — a direct catalyst cited for a double?digit rally in CRCL. Read More.
- Positive Sentiment: Wells Fargo raised its price target on CRCL from $111 to $142 and moved to an “overweight” rating, giving the stock ~24.5% upside to that target — a fresh institutional buy-side endorsement that likely supported gains. Read More.
- Positive Sentiment: Unusual options activity: traders bought ~138,703 call options (? +19% vs. normal), signaling elevated bullish positioning that can amplify short?term upside if momentum continues.
- Neutral Sentiment: Industry and market commentary framed CRCL’s move as part of a broader crypto?equity rally (Coinbase, other digital-asset names) as investors rotate back into crypto-linked stocks. Read More.
- Negative Sentiment: Insider selling: several executives and directors sold shares in Rule 10b5?1 plans — CFO Jeremy Fox?Geen (4,238 shares at $107.10 on 5/4 and 7,200 at ~$92.64 on 5/1), CAO Tamara L. Schulz (1,194 shares at $107.10 on 5/4), Director Patrick S. Neville (5,000 and 30,000 shares at ~ $92.64–$92.65 on 5/1), and Director M. Michele Burns (1,666 at $107.61 on 5/4 and 10,000 at $120.15 on 5/5). Sales were disclosed on SEC filings and many were flagged as tax?related or executed under pre?arranged plans — but the volume and visibility of those sales can weigh on sentiment. SEC filings: Read More., Read More., Read More., Read More.
Wall Street Analyst Weigh In
Several equities research analysts have commented on CRCL shares. JPMorgan Chase & Co. dropped their price target on shares of Circle Internet Group from $100.00 to $90.00 and set an “overweight” rating on the stock in a research note on Tuesday, February 10th. The Goldman Sachs Group raised their price target on shares of Circle Internet Group from $79.00 to $88.00 and gave the company a “neutral” rating in a research note on Monday, January 5th. Robert W. Baird raised their price target on shares of Circle Internet Group from $110.00 to $138.00 and gave the company an “outperform” rating in a research note on Tuesday, March 17th. Weiss Ratings restated a “sell (d)” rating on shares of Circle Internet Group in a research note on Monday, April 20th. Finally, Needham & Company LLC dropped their price target on shares of Circle Internet Group from $190.00 to $130.00 and set a “buy” rating on the stock in a research note on Thursday, February 26th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eleven have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $129.06.
Get Our Latest Stock Analysis on Circle Internet Group
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.
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