Circle Internet Group (NYSE:CRCL) CFO Jeremy Fox-Geen Sells 8,120 Shares of Stock

Circle Internet Group, Inc. (NYSE:CRCL) CFO Jeremy Fox-Geen sold 8,120 shares of the stock in a transaction dated Wednesday, September 2nd. The stock was sold at an average price of $87.87, for a total transaction of $713,504.40. Following the completion of the transaction, the chief financial officer directly owned 308,291 shares of the company’s stock, valued at approximately $27,089,530.17. The trade was a 2.57% decrease in their ownership of the stock. The transaction was disclosed in a 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. 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 Tuesday, September 1st, Jeremy Fox-Geen sold 15,000 shares of Circle Internet Group stock. The stock was sold at an average price of $92.20, for a total transaction of $1,383,000.00.
• On Friday, August 21st, Jeremy Fox-Geen sold 45,000 shares of Circle Internet Group stock. The shares were sold at an average price of $90.00, for a total value of $4,050,000.00.
• On Thursday, August 13th, Jeremy Fox-Geen sold 8,476 shares of Circle Internet Group stock. The stock was sold at an average price of $75.00, for a total value of $635,700.00.
• On Friday, June 5th, Jeremy Fox-Geen sold 8,120 shares of Circle Internet Group stock. The stock was sold at an average price of $88.00, for a total value of $714,560.00.

Circle Internet Group Stock Up 16.3%

CRCL opened at $103.08 on Friday. Circle Internet Group, Inc. has a 52 week low of $49.90 and a 52 week high of $159.47. The stock has a market cap of $26.17 billion, a PE ratio of 70.60 and a beta of 0.59. The business has a 50 day moving average of $71.80 and a 200-day moving average of $88.70.

Circle Internet Group (NYSE:CRCL) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.26 by ($0.08). The firm had revenue of $701.32 million during the quarter. Circle Internet Group had a return on equity of 13.58% and a net margin of 15.53%.The firm’s revenue for the quarter was up 6.6% compared to the same quarter last year. During the same quarter last year, the firm posted ($4.48) earnings per share. Equities analysts anticipate that Circle Internet Group, Inc. will post 1.05 EPS for the current year.

Hedge Funds Weigh In On Circle Internet Group

Large investors have recently modified their holdings of the stock. EverSource Wealth Advisors LLC purchased a new stake in Circle Internet Group during the 2nd quarter valued at about $27,000. Larson Financial Group LLC raised its holdings 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. National Bank of Canada FI bought a new position in shares of Circle Internet Group in the third quarter worth approximately $37,000. Pin Oak Investment Advisors Inc. bought a new position in shares of Circle Internet Group in the third quarter worth approximately $39,000. Finally, WPG Advisers LLC bought a new position in shares of Circle Internet Group in the first quarter worth approximately $31,000.

Circle Internet Group News Roundup

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

• Positive Sentiment: Investors are interpreting Washington’s stablecoin policy push as a major catalyst for Circle. The regulatory progress could accelerate adoption of its USDC stablecoin and support a higher valuation for the company. Circle Internet Surges 14% Despite Wall Street Building Rival Stablecoin; Coinbase Spikes 10%
• Positive Sentiment: A reported historic banking approval, Circle’s compliance infrastructure, and expanding use cases—including AI micropayments and U.S. Treasury-market applications—are reinforcing the bullish thesis that Circle can become a leading stablecoin platform. Circle: Monopoly & Banking Charter Drive AI Growth

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on CRCL shares. Mizuho set a $45.00 price target on shares of Circle Internet Group and gave the company a “neutral” rating in a research report on Friday, July 31st. Wall Street Zen cut shares of Circle Internet Group from a “sell” rating to a “strong sell” rating in a report on Saturday, August 1st. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $101.00 target price on shares of Circle Internet Group in a research note on Tuesday, May 12th. Compass Point set a $62.00 target price on shares of Circle Internet Group in a report on Wednesday, July 15th. Finally, Canaccord Genuity Group dropped their price target on Circle Internet Group from $160.00 to $130.00 and set a “buy” rating on the stock in a research report on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, thirteen have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $99.35.

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.