Jeremy Allaire Sells 56,200 Shares of Circle Internet Group (NYSE:CRCL) Stock

Circle Internet Group, Inc. (NYSE:CRCL) CEO Jeremy Allaire sold 56,200 shares of the stock in a transaction on Friday, June 5th. The shares were sold at an average price of $82.93, for a total transaction of $4,660,666.00. Following the completion of the sale, the chief executive officer owned 510,579 shares of the company’s stock, valued at approximately $42,342,316.47. This represents a 9.92% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Jeremy Allaire also recently made the following trade(s):

• On Friday, June 5th, Jeremy Allaire sold 3,032 shares of Circle Internet Group stock. The shares were sold at an average price of $82.93, for a total transaction of $251,443.76.

Circle Internet Group Stock Performance

NYSE:CRCL traded down $1.51 during mid-day trading on Tuesday, hitting $81.02. The stock had a trading volume of 13,406,818 shares, compared to its average volume of 15,481,539. Circle Internet Group, Inc. has a twelve month low of $49.90 and a twelve month high of $298.99. The stock has a market cap of $20.14 billion and a price-to-earnings ratio of -25.32. The company’s 50 day simple moving average is $102.88 and its 200 day simple moving average is $89.68.

Circle Internet Group (NYSE:CRCL) last issued its 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). Circle Internet Group had a negative net margin of 2.76% and a positive return on equity of 2.89%. The firm had revenue of $694.13 million during the quarter. Circle Internet Group’s quarterly revenue was up 20.0% compared to the same quarter last year. As a group, equities analysts forecast that Circle Internet Group, Inc. will post 1.02 earnings per share for the current year.

Key Stories Impacting Circle Internet Group

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

• Positive Sentiment: Circle announced that CEO Jeremy Allaire will speak at VivaTech 2026 on June 17 about the future of digital money and finance, giving the company another high-profile platform to highlight its story and strategy. Circle to Speak at VivaTech 2026
• Positive Sentiment: MassPay expanded its stablecoin payout capabilities through Circle Payments Network, a sign that Circle’s payments infrastructure is gaining additional commercial adoption. MassPay Expands Stablecoin Payout Capabilities
• Neutral Sentiment: Coverage around Circle’s cirBTC launch and progress on the CLARITY Act kept attention on the company’s long-term valuation, but also underscored that investors are still debating whether the stock’s rich multiple is justified. Circle’s cirBTC Launch And CLARITY Act Progress Test Rich Valuation
• Neutral Sentiment: Several market commentary pieces focused on Circle’s valuation and its resilience versus crypto market turbulence, which may be influencing sentiment but do not change the near-term fundamentals directly. Circle Internet Group Valuation After Rival Stablecoin Plans Spark Volatility
• Negative Sentiment: Multiple insiders sold shares, including CEO Jeremy Allaire, CFO Jeremy Fox-Geen, director Patrick Sean Neville, and insider Nikhil Chandhok. While some sales were under pre-arranged 10b5-1 plans and one was tied to tax withholding, the size of the selling may still pressure sentiment. Insider sales filings

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on CRCL. Wall Street Zen lowered Circle Internet Group from a “hold” rating to a “sell” rating in a report on Saturday, April 11th. Mizuho decreased their target price on Circle Internet Group from $135.00 to $85.00 and set a “neutral” rating on the stock in a report on Friday. JPMorgan Chase & Co. decreased their target price on Circle Internet Group from $100.00 to $90.00 and set an “overweight” rating on the stock in a report on Tuesday, February 10th. Zacks Research raised Circle Internet Group from a “strong sell” rating to a “hold” rating in a report on Tuesday, March 17th. Finally, Canaccord Genuity Group restated a “buy” rating and set a $160.00 price objective on shares of Circle Internet Group in a research report on Wednesday, March 25th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $134.18.

Institutional Investors Weigh In On Circle Internet Group

Several hedge funds have recently bought and sold shares of CRCL. Creative Planning acquired a new stake in Circle Internet Group during the second quarter worth approximately $295,000. Arrowstreet Capital Limited Partnership acquired a new stake in Circle Internet Group during the second quarter worth approximately $1,474,000. Invesco Ltd. acquired a new stake in Circle Internet Group during the second quarter worth approximately $47,640,000. EverSource Wealth Advisors LLC acquired a new stake in Circle Internet Group during the second quarter worth approximately $27,000. Finally, Baird Financial Group Inc. acquired a new stake in Circle Internet Group during the second quarter worth approximately $2,649,000.

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.