Circle Internet Group, Inc. $CRCL Shares Acquired by Peregrine Investment Management Inc.

Peregrine Investment Management Inc. grew its stake in shares of Circle Internet Group, Inc. (NYSE:CRCL) by 26.7% in the fourth quarter, Holdings Channel reports. The institutional investor owned 126,710 shares of the company’s stock after purchasing an additional 26,710 shares during the period. Circle Internet Group accounts for approximately 6.2% of Peregrine Investment Management Inc.’s holdings, making the stock its 6th biggest position. Peregrine Investment Management Inc.’s holdings in Circle Internet Group were worth $10,048,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in CRCL. Bartlett & CO. Wealth Management LLC acquired a new position in shares of Circle Internet Group during the fourth quarter valued at about $25,000. Larson Financial Group LLC raised its position 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 last quarter. Pilgrim Partners Asia Pte Ltd acquired a new position in shares of Circle Internet Group during the third quarter valued at about $27,000. EverSource Wealth Advisors LLC acquired a new position in shares of Circle Internet Group during the second quarter valued at about $27,000. Finally, Bellevue Asset Management LLC acquired a new position in shares of Circle Internet Group during the fourth quarter valued at about $29,000.

Circle Internet Group Stock Down 6.3%

NYSE:CRCL opened at $123.49 on Wednesday. Circle Internet Group, Inc. has a 12-month low of $49.90 and a 12-month high of $298.99. The firm has a market capitalization of $30.48 billion and a PE ratio of -38.59. The firm has a 50-day moving average price of $105.61 and a 200 day moving average price of $90.14.

Circle Internet Group (NYSE:CRCL) last posted 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 business had revenue of $694.13 million during the quarter. Circle Internet Group had a positive return on equity of 3.02% and a negative net margin of 2.76%.Circle Internet Group’s revenue for the quarter was up 20.0% on a year-over-year basis. On average, research analysts expect that Circle Internet Group, Inc. will post 0.85 EPS for the current year.

Analyst Ratings Changes

A number of brokerages have recently commented on CRCL. Freedom Capital raised shares of Circle Internet Group to a “hold” rating in a research report on Tuesday, April 21st. Zacks Research raised shares of Circle Internet Group from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 17th. 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 research report on Thursday, April 9th. Needham & Company LLC increased their price target on shares of Circle Internet Group from $130.00 to $150.00 and gave the stock a “buy” rating in a research report on Tuesday. Finally, Mizuho increased their price target on shares of Circle Internet Group from $120.00 to $135.00 and gave the stock a “neutral” rating in a research report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, eleven have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $131.76.

Insider Activity

In other Circle Internet Group news, Director M Michele Burns sold 10,000 shares of the company’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $120.15, for a total transaction of $1,201,500.00. Following the sale, the director directly owned 330,206 shares of the company’s stock, valued at approximately $39,674,250.90. This represents a 2.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Patrick Sean Neville sold 30,000 shares of the company’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $92.65, for a total transaction of $2,779,500.00. Following the sale, the director directly owned 30,000 shares in the company, valued at $2,779,500. This represents a 50.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 617,464 shares of company stock valued at $60,251,749. Corporate insiders own 10.85% of the company’s stock.

Key Headlines Impacting Circle Internet Group

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

• Positive Sentiment: Circle beat Q1 earnings expectations, reporting $0.21 EPS versus estimates of $0.15, while reserve income rose and USDC transaction activity surged. Circle Reports First Quarter 2026 Results
• Positive Sentiment: USDC fundamentals remain strong, with circulation up 28% year over year and onchain transaction volume up 263%, reinforcing the growth story around Circle’s stablecoin network. Reuters article
• Positive Sentiment: Analyst sentiment improved, with Needham raising its price target to $150 and Mizuho lifting its target to $135, signaling continued confidence in the company’s longer-term outlook. Needham target raise
• Positive Sentiment: Circle also announced new AI infrastructure products and a $222 million token presale, which could support future platform expansion and monetization. Circle Launches AI Infrastructure to Power the Agentic Economy
• Neutral Sentiment: Circle’s earnings call and related commentary highlighted strong usage trends, but also showed that the company is still in a growth-investment phase. Q1 2026 Earnings Call Transcript
• Negative Sentiment: The main pressure point was a revenue miss versus expectations, which weighed on the stock despite the earnings beat and kept investors focused on margin and profit trends. Yahoo Finance article
• Negative Sentiment: Net income declined year over year, adding to concerns that rapid expansion and new product investment may be pressuring near-term profitability. Yahoo Finance article

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.