Circle Internet Group (NYSE:CRCL) Stock Rating Upgraded by Wall Street Zen

Circle Internet Group (NYSE:CRCL) was upgraded by research analysts at Wall Street Zen to a “hold” rating in a research report issued to clients and investors on Saturday.

Circle Internet Group Stock Up 25.5%

CRCL opened at $133.75 on Friday. Circle Internet Group has a 52 week low of $64.00 and a 52 week high of $138.57.

Insiders Place Their Bets

In other Circle Internet Group news, Director Rajeev V. Date sold 50,000 shares of Circle Internet Group stock in a transaction that occurred on Friday, June 6th. The shares were sold at an average price of $29.30, for a total value of $1,465,000.00. Following the completion of the sale, the director now owns 238,513 shares of the company’s stock, valued at approximately $6,988,430.90. The trade was a 17.33% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Nikhil Chandhok sold 300,000 shares of Circle Internet Group stock in a transaction that occurred on Friday, June 6th. The stock was sold at an average price of $29.30, for a total transaction of $8,790,000.00. Following the completion of the sale, the insider now directly owns 605,580 shares of the company’s stock, valued at approximately $17,743,494. This trade represents a 33.13% decrease in their position. The disclosure for this sale can be found here. Insiders sold 6,682,884 shares of company stock worth $195,808,501 over the last three months. Company insiders own 7.87% of the company’s stock.

About Circle Internet Group

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.