Circle Internet Group (NYSE:CRCL) Shares Down 5.1% on Insider Selling

Circle Internet Group, Inc. (NYSE:CRCL)’s share price was down 5.1% during mid-day trading on Tuesday after an insider sold shares in the company. The company traded as low as $81.02 and last traded at $82.5950. Approximately 9,326,106 shares changed hands during trading, a decline of 49% from the average daily volume of 18,173,600 shares. The stock had previously closed at $87.00.

Specifically, CEO Jeremy Allaire sold 758 shares of the company’s stock in a transaction dated Monday, December 22nd. The shares were sold at an average price of $90.07, for a total transaction of $68,273.06. Following the completion of the sale, the chief executive officer owned 66,757 shares of the company’s stock, valued at approximately $6,012,802.99. This represents a 1.12% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Jeremy Allaire sold 7,055 shares of the firm’s stock in a transaction that occurred on Monday, December 22nd. The stock was sold at an average price of $90.07, for a total transaction of $635,443.85. Following the completion of the transaction, the chief executive officer directly owned 70,517 shares in the company, valued at $6,351,466.19. This trade represents a 9.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In other news, insider Nikhil Chandhok sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, December 22nd. The stock was sold at an average price of $90.00, for a total value of $900,000.00. Following the completion of the sale, the insider directly owned 474,974 shares in the company, valued at $42,747,660. This represents a 2.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Wall Street Analyst Weigh In

CRCL has been the topic of a number of recent research reports. Weiss Ratings reissued a “sell (d)” rating on shares of Circle Internet Group in a research note on Wednesday, October 8th. Baird R W raised shares of Circle Internet Group from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 14th. Needham & Company LLC cut their price objective on shares of Circle Internet Group from $250.00 to $190.00 and set a “buy” rating for the company in a research report on Thursday, November 13th. Rothschild & Co Redburn assumed coverage on shares of Circle Internet Group in a research note on Friday, October 3rd. They set a “neutral” rating and a $136.00 target price on the stock. Finally, Citigroup assumed coverage on shares of Circle Internet Group in a report on Tuesday, September 30th. They issued a “market perform” rating on the stock. Two investment analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, ten have issued a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $141.18.

Key Stores Impacting Circle Internet Group

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

• Positive Sentiment: Stacks integration with Circle xReserve connects a new blockchain to USDC issuance, expanding on?ramps and potential USDC utility — this can boost transaction volume/use cases for USDC and supports adoption. Stacks Now Connected to Circle xReserve
• Positive Sentiment: Zacks highlights CRCL among crypto/blockchain names likely to benefit from a supportive policy backdrop — reinforcing a narrative that regulatory clarity could help revenue growth across USDC and token-related services. Crypto & Blockchain Stocks to Gain From Supportive Policy Backdrop
• Positive Sentiment: Market note: coverage flagged “moderately bullish” activity with shares rising ~3.4% — short?term investor demand appears supportive. Moderately bullish activity in Circle Internet Group Inc
• Neutral Sentiment: Analyst consensus remains a “Hold” (mixed ratings across firms: sells, holds and buys), suggesting no clear near?term analyst catalyst. Investors should look for upcoming guidance or results to shift this balance. Consensus Recommendation of “Hold”
• Neutral Sentiment: HC Wainwright assigned a Hold rating — another data point reflecting mixed sentiment among sell?side analysts. HC Wainwright Hold Rating
• Negative Sentiment: Multiple insider sales disclosed on Dec. 22: CEO Jeremy Allaire sold a combined 7,813 shares (~$703.7k), insider Nikhil Chandhok sold 10,000 shares (~$900k), and President Heath Tarbert sold 3,048 shares (~$274k) — total insider selling ~20,861 shares (~$1.88M). Large insider sales can weigh on sentiment even though officers retain substantial stakes; see SEC filings. Allaire Form 4 Chandhok Form 4 Tarbert Form 4

Circle Internet Group Stock Performance

The company has a fifty day moving average of $98.14.

Circle Internet Group (NYSE:CRCL) last posted its earnings results on Wednesday, November 12th. The company reported $0.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.44. The firm had revenue of $739.76 million for the quarter. The company’s revenue for the quarter was up 65.9% on a year-over-year basis.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in CRCL. EverSource Wealth Advisors LLC acquired a new stake in Circle Internet Group during the 2nd quarter worth approximately $27,000. PNC Financial Services Group Inc. increased its position in shares of Circle Internet Group by 14.9% during the third quarter. PNC Financial Services Group Inc. now owns 1,164 shares of the company’s stock worth $154,000 after acquiring an additional 151 shares during the period. North Star Investment Management Corp. purchased a new stake in shares of Circle Internet Group during the second quarter worth $34,000. Larson Financial Group LLC raised its stake in shares of Circle Internet Group by 3,800.0% in the third quarter. Larson Financial Group LLC now owns 195 shares of the company’s stock valued at $26,000 after acquiring an additional 190 shares in the last quarter. Finally, Hennessy Advisors Inc. purchased a new position in Circle Internet Group in the second quarter valued at $36,000.

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 USD Coin (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.