Texas Capital Bank Wealth Management Services Inc purchased a new stake in Circle Internet Group, Inc. (NYSE:CRCL – Free Report) in the 4th quarter, according to its most recent filing with the SEC. The fund purchased 12,013 shares of the company’s stock, valued at approximately $953,000.
Several other institutional investors also recently bought and sold shares of CRCL. Bartlett & CO. Wealth Management LLC acquired a new position in Circle Internet Group in the 4th quarter valued at $25,000. Larson Financial Group LLC raised its holdings in Circle Internet Group by 3,800.0% in the 3rd quarter. Larson Financial Group LLC now owns 195 shares of the company’s stock valued at $26,000 after acquiring an additional 190 shares during the last quarter. EverSource Wealth Advisors LLC acquired a new position in Circle Internet Group in the 2nd quarter valued at $27,000. Bellevue Asset Management LLC acquired a new position in Circle Internet Group in the 4th quarter valued at $29,000. Finally, Harbour Investments Inc. raised its holdings in Circle Internet Group by 170.0% in the 4th quarter. Harbour Investments Inc. now owns 378 shares of the company’s stock valued at $30,000 after acquiring an additional 238 shares during the last quarter.
Circle Internet Group News Roundup
Here are the key news stories impacting Circle Internet Group this week:
- Positive Sentiment: Circle announced a partnership with Nium to expand USDC settlement and global payout capabilities through Circle Payments Network, a strategic move that could broaden real-world use for its stablecoin infrastructure. Nium and Circle to Connect USDC Settlement with Global Payouts
- Positive Sentiment: Related coverage says the Nium deal may help Circle broaden its USDC payment infrastructure, reinforcing the company’s growth narrative in stablecoin-based payments. Circle (CRCL) Stock Climbs on Nium Deal to Broaden USDC Payment Infrastructure
- Neutral Sentiment: Circle also presented at Bernstein’s Strategic Decisions Conference, which likely gave investors an update on strategy and growth plans, but no major new catalyst was highlighted in the transcript. Circle Internet Group, Inc. Presents at Bernstein Conference Transcript
- Neutral Sentiment: KeyBanc started coverage with a sector-weight rating, a sign of measured sentiment rather than a clear bullish or bearish call. KeyBanc initiates coverage of Circle Internet Group
- Negative Sentiment: HC Wainwright trimmed its 2026 earnings estimates for Circle across several periods, including full-year EPS, which can pressure sentiment by signaling somewhat lower profitability expectations. HC Wainwright estimate revisions for Circle Internet Group
Circle Internet Group Stock Up 5.6%
Circle Internet Group (NYSE:CRCL – Get Free Report) last announced its quarterly earnings data 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 company had revenue of $694.13 million for the quarter. Circle Internet Group’s revenue was up 20.0% compared to the same quarter last year. Equities research analysts expect that Circle Internet Group, Inc. will post 1.06 EPS for the current fiscal year.
Insider Activity
In related news, Director M Michele Burns sold 10,000 shares of the company’s stock in a transaction on 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 completion of 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Tamara L. Schulz sold 1,194 shares of the company’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $107.10, for a total transaction of $127,877.40. Following the sale, the chief accounting officer directly owned 90,829 shares of the company’s stock, valued at approximately $9,727,785.90. This trade represents a 1.30% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 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. Insiders sold 463,624 shares of company stock worth $46,757,927 in the last quarter. Insiders own 10.85% of the company’s stock.
Wall Street Analyst Weigh In
CRCL has been the subject of several analyst reports. KeyCorp began coverage on Circle Internet Group in a report on Tuesday. They issued a “sector weight” rating for the company. Mizuho boosted their price objective on shares of Circle Internet Group from $120.00 to $135.00 and gave the company a “neutral” rating in a research note on Tuesday, May 12th. Morgan Stanley boosted their price objective on shares of Circle Internet Group from $80.00 to $106.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 19th. Robert W. Baird boosted their price objective on shares of Circle Internet Group from $110.00 to $138.00 and gave the company an “outperform” rating in a research note on Tuesday, March 17th. Finally, Zacks Research raised shares of Circle Internet Group from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 17th. One research 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’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $137.12.
Read Our Latest Stock Report on CRCL
Circle Internet Group 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.
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