Circle Internet Group, Inc. (NYSE:CRCL – Get Free Report) insider Nikhil Chandhok sold 26,666 shares of the business’s stock in a transaction on Monday, June 8th. The stock was sold at an average price of $83.75, for a total transaction of $2,233,277.50. Following the completion of the transaction, the insider owned 521,809 shares in the company, valued at $43,701,503.75. This represents a 4.86% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Nikhil Chandhok also recently made the following trade(s):
- On Thursday, May 21st, Nikhil Chandhok sold 10,000 shares of Circle Internet Group stock. The stock was sold at an average price of $111.00, for a total transaction of $1,110,000.00.
- On Tuesday, April 21st, Nikhil Chandhok sold 10,000 shares of Circle Internet Group stock. The stock was sold at an average price of $104.00, for a total transaction of $1,040,000.00.
- On Monday, March 23rd, Nikhil Chandhok sold 10,000 shares of Circle Internet Group stock. The stock was sold at an average price of $123.08, for a total transaction of $1,230,800.00.
Circle Internet Group Price Performance
Shares of CRCL stock opened at $79.27 on Thursday. Circle Internet Group, Inc. has a 12 month low of $49.90 and a 12 month high of $298.99. The firm has a market capitalization of $19.70 billion and a P/E ratio of -24.77. The company’s fifty day moving average price is $102.42 and its two-hundred day moving average price is $89.85.
Trending Headlines about 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, giving the company a high-profile venue to promote its digital-money strategy and broader vision. Circle to Speak at VivaTech 2026
- Positive Sentiment: MassPay expanded stablecoin payout capabilities through Circle Payments Network, suggesting continued commercial adoption of Circle’s payments infrastructure. MassPay Expands Stablecoin Payout Capabilities
- Neutral Sentiment: Coverage around Circle’s cirBTC launch and CLARITY Act progress keeps the stock in focus, but also highlights ongoing debate about whether the company’s valuation is too rich. Circle’s cirBTC Launch And CLARITY Act Progress Test Rich Valuation
- Neutral Sentiment: Analyst and market commentary continues to center on Circle’s valuation and its exposure to crypto-market sentiment, which may be influencing trading but does not materially change near-term fundamentals. Circle May Be the Biggest Winner of America’s Stablecoin Shift
- Negative Sentiment: Multiple insiders sold shares recently, including a large sale by director Patrick Sean Neville and additional sales by the CEO and CFO, which can weigh on investor confidence despite the trading plans behind the transactions. Insider sales filings
Institutional Investors Weigh In On Circle Internet Group
Institutional investors have recently modified their holdings of the business. EverSource Wealth Advisors LLC bought a new stake in shares of Circle Internet Group during the 2nd quarter valued at about $27,000. Larson Financial Group LLC grew its position in shares of Circle Internet Group by 3,800.0% during the 3rd quarter. Larson Financial Group LLC now owns 195 shares of the company’s stock valued at $26,000 after buying an additional 190 shares during the last quarter. Montag A & Associates Inc. bought a new stake in shares of Circle Internet Group during the 3rd quarter valued at about $33,000. National Bank of Canada FI bought a new stake in shares of Circle Internet Group during the 3rd quarter valued at about $37,000. Finally, Pin Oak Investment Advisors Inc. bought a new stake in shares of Circle Internet Group during the 3rd quarter valued at about $39,000.
Wall Street Analyst Weigh In
Several equities research analysts have recently weighed in on the stock. Clear Str raised shares of Circle Internet Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, March 16th. Wells Fargo & Company boosted their target price on shares of Circle Internet Group from $111.00 to $142.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $101.00 target price on shares of Circle Internet Group in a research report on Tuesday, May 12th. William Blair reissued an “outperform” rating on shares of Circle Internet Group in a research report on Wednesday, February 25th. Finally, Freedom Capital raised shares of Circle Internet Group to a “hold” rating in a research report on Tuesday, April 21st. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, eleven have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $134.18.
View Our Latest Stock Report on CRCL
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.
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