Circle Internet Group, Inc. (NYSE:CRCL – Get Free Report) Director Patrick Sean Neville sold 1,034,396 shares of the stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $82.87, for a total value of $85,720,396.52. Following the completion of the sale, the director directly owned 2,018 shares in the company, valued at $167,231.66. This represents a 99.81% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 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.
Patrick Sean Neville also recently made the following trade(s):
- On Friday, May 1st, Patrick Sean Neville sold 5,000 shares of Circle Internet Group stock. The shares were sold at an average price of $92.64, for a total value of $463,200.00.
- On Friday, May 1st, Patrick Sean Neville sold 30,000 shares of Circle Internet Group stock. The shares were sold at an average price of $92.65, for a total value of $2,779,500.00.
- On Wednesday, April 1st, Patrick Sean Neville sold 5,000 shares of Circle Internet Group stock. The shares were sold at an average price of $98.04, for a total value of $490,200.00.
- On Wednesday, April 1st, Patrick Sean Neville sold 30,000 shares of Circle Internet Group stock. The shares were sold at an average price of $98.04, for a total value of $2,941,200.00.
Circle Internet Group Price Performance
CRCL stock opened at $79.27 on Thursday. The firm has a market capitalization of $19.70 billion and a P/E ratio of -24.77. The business’s 50-day moving average is $102.42 and its two-hundred day moving average is $89.85. Circle Internet Group, Inc. has a 1 year low of $49.90 and a 1 year high of $298.99.
Wall Street Analyst Weigh In
Several brokerages have recently weighed in on CRCL. Robert W. Baird raised their target price on Circle Internet Group from $110.00 to $138.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 17th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $101.00 target price on shares of Circle Internet Group in a research report on Tuesday, May 12th. Weiss Ratings reissued a “sell (d)” rating on shares of Circle Internet Group in a research report on Monday, April 20th. Wall Street Zen lowered Circle Internet Group from a “hold” rating to a “sell” rating in a research report on Saturday, April 11th. Finally, Wells Fargo & Company raised their target price on Circle Internet Group from $111.00 to $142.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 5th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, Circle Internet Group presently has an average rating of “Hold” and a consensus price target of $134.18.
Get Our Latest Stock Analysis on Circle Internet Group
More Circle Internet Group News
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 Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC purchased a new position in Circle Internet Group during the 2nd quarter worth approximately $27,000. Larson Financial Group LLC grew its stake in Circle Internet Group by 3,800.0% during the 3rd quarter. Larson Financial Group LLC now owns 195 shares of the company’s stock worth $26,000 after buying an additional 190 shares during the last quarter. Montag A & Associates Inc. purchased a new position in Circle Internet Group during the 3rd quarter worth approximately $33,000. National Bank of Canada FI purchased a new position in Circle Internet Group during the 3rd quarter worth approximately $37,000. Finally, Pin Oak Investment Advisors Inc. purchased a new position in Circle Internet Group during the 3rd quarter worth approximately $39,000.
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 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.
Further Reading
- Five stocks we like better than Circle Internet Group
- Everpure: AI Storage Uncertainty Overshadows Breakneck Growth
- This Tech ETF Is Beating QQQ—and Canada May Be Part of the Reason
- Intel Is the Market’s Most Mispriced AI Hedge
- The Biggest Opportunity From SpaceX’s IPO May Surprise You
Receive News & Ratings for Circle Internet Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Circle Internet Group and related companies with MarketBeat.com's FREE daily email newsletter.
