Patrick Sean Neville Sells 260,374 Shares of Circle Internet Group (NYSE:CRCL) Stock

Circle Internet Group, Inc. (NYSE:CRCL) Director Patrick Sean Neville sold 260,374 shares of Circle Internet Group stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $127.08, for a total value of $33,088,327.92. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Patrick Sean Neville also recently made the following trade(s):

• On Friday, June 6th, Patrick Sean Neville sold 1,000,000 shares of Circle Internet Group stock. The shares were sold at an average price of $29.30, for a total value of $29,300,000.00.

Circle Internet Group Stock Up 1.5%

NYSE:CRCL opened at $137.25 on Thursday. The stock has a market cap of $30.54 billion and a P/E ratio of -10,846.37. Circle Internet Group, Inc. has a 52-week low of $64.00 and a 52-week high of $298.99. The stock’s 50 day moving average price is $183.44.

Wall Street Analyst Weigh In

CRCL has been the subject of several research reports. Needham & Company LLC reiterated a “buy” rating and issued a $250.00 price target on shares of Circle Internet Group in a research report on Wednesday. Canaccord Genuity Group restated a “buy” rating and issued a $247.00 price objective on shares of Circle Internet Group in a research note on Monday. Compass Point downgraded shares of Circle Internet Group from a “neutral” rating to a “sell” rating and decreased their target price for the stock from $205.00 to $130.00 in a research note on Monday, July 21st. Baird R W raised Circle Internet Group to a “hold” rating in a report on Friday, July 11th. Finally, JPMorgan Chase & Co. upped their price objective on Circle Internet Group from $80.00 to $89.00 and gave the company an “underweight” rating in a research note on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, five have assigned a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $170.91.

Hedge Funds Weigh In On Circle Internet Group

A number of large investors have recently modified their holdings of the business. EverSource Wealth Advisors LLC purchased a new stake in shares of Circle Internet Group in the second quarter valued at approximately $27,000. North Star Investment Management Corp. acquired a new position in shares of Circle Internet Group during the 2nd quarter worth $34,000. Hennessy Advisors Inc. purchased a new position in shares of Circle Internet Group in the 2nd quarter valued at about $36,000. Allworth Financial LP purchased a new position in Circle Internet Group in the second quarter valued at about $37,000. Finally, Chilton Capital Management LLC purchased a new position in Circle Internet Group in the second quarter valued at about $40,000.

Circle Internet Group Company Profile

Founded in 2013, Circle’s mission is to raise global economic prosperity through the frictionless exchange of value. We intend to connect the world more deeply by building a new global economic system on the foundation of the internet, and to facilitate the creation of a world where everyone, everywhere can share value as easily as we can today share information, content, and communications.