DNB Asset Management AS Acquires Shares of 11,055 Circle Internet Group, Inc. $CRCL

DNB Asset Management AS acquired a new stake in shares of Circle Internet Group, Inc. (NYSE:CRCL) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 11,055 shares of the company’s stock, valued at approximately $1,466,000.

A number of other hedge funds also recently made changes to their positions in the company. General Catalyst Group Management LLC bought a new position in Circle Internet Group during the second quarter valued at approximately $3,647,694,000. Marshall Wace LLP purchased a new stake in shares of Circle Internet Group during the 2nd quarter worth approximately $1,547,214,000. Vanguard Group Inc. boosted its position in shares of Circle Internet Group by 61.6% during the 3rd quarter. Vanguard Group Inc. now owns 5,578,696 shares of the company’s stock valued at $739,624,000 after acquiring an additional 2,126,072 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. grew its holdings in shares of Circle Internet Group by 282.1% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,299,374 shares of the company’s stock valued at $172,271,000 after purchasing an additional 959,309 shares in the last quarter. Finally, Squarepoint Ops LLC bought a new stake in Circle Internet Group in the second quarter worth $73,101,000.

Circle Internet Group Trading Up 3.4%

Circle Internet Group stock opened at $99.38 on Wednesday. Circle Internet Group, Inc. has a 12-month low of $49.90 and a 12-month high of $298.99. The firm has a 50-day moving average price of $72.70 and a 200-day moving average price of $98.95. The firm has a market capitalization of $23.40 billion and a PE ratio of -43.40.

Circle Internet Group (NYSE:CRCL) last posted its quarterly earnings data on Wednesday, February 25th. The company reported $0.43 earnings per share for the quarter, topping analysts’ consensus estimates of $0.25 by $0.18. The firm had revenue of $770.23 million during the quarter. The business’s revenue for the quarter was up 76.9% compared to the same quarter last year.

Wall Street Analyst Weigh In

Several research firms have commented on CRCL. William Blair reiterated an “outperform” rating on shares of Circle Internet Group in a research report on Wednesday, February 25th. JPMorgan Chase & Co. decreased their target price on shares of Circle Internet Group from $100.00 to $90.00 and set an “overweight” rating on the stock in a research report on Tuesday, February 10th. Compass Point raised shares of Circle Internet Group from a “sell” rating to a “neutral” rating and set a $75.00 price target for the company in a report on Thursday, January 29th. Canaccord Genuity Group reduced their price objective on Circle Internet Group from $247.00 to $160.00 and set a “buy” rating on the stock in a research note on Thursday, February 26th. Finally, Sanford C. Bernstein set a $190.00 price objective on Circle Internet Group in a research report on Tuesday, January 6th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $123.47.

Key Circle Internet Group News

Here are the key news stories impacting Circle Internet Group this week:

• Positive Sentiment: Geopolitical risk (Middle East / Iran) has pushed crypto and stablecoin flows higher as investors seek dollar‑pegged liquidity; several pieces note that instability boosts USDC usage and helped lift CRCL sentiment. Circle Internet (CRCL) Stock Rallies 15% Circle Internet Stock Gets an Iran Bump
• Positive Sentiment: Mizuho raised its price target to $100 (now Neutral) on a lower probability of Fed rate cuts; that lift in formal target and supportive analyst commentary is reinforcing upside expectations. Mizuho raises Circle target to $100
• Positive Sentiment: Fundamentals and product news: recent reports highlight accelerating revenue (Q4 strength), surging USDC usage, and new monetization angles tied to AI/prediction‑market activity — all constructive for near‑term growth expectations. Why Circle Stock Jumped 31% in February Why Circle Internet Stock Surged Today
• Positive Sentiment: Unusually heavy bullish options activity: ~158,937 calls were traded (≈+33% vs. average), signaling short‑term speculative buying or hedging that can amplify upward moves.
• Neutral Sentiment: Post‑earnings analyst commentary (including a high‑profile Goldman Sachs note) is generating headlines; views vary by shop, so this is informing volatility rather than a clear directional signal. Goldman Sachs analyst delivers shock message on Circle
• Neutral Sentiment: Comparative analyst pieces (peer valuation comparisons) are circulating and provide context for investors but do not themselves drive a clear buy/sell signal. PIPR vs. CRCL: Which Stock Is the Better Value Option?
• Negative Sentiment: Clustered insider selling: multiple executives and directors (including the CFO, president and CEO reductions) sold large blocks in late February — a material negative for sentiment and a potential source of supply pressure. Representative SEC Form 4 filing
• Negative Sentiment: Some firms (e.g., Needham) trimmed targets recently, which can weigh on medium‑term valuation expectations and contribute to short‑term volatility. Needham cuts price target

Insider Transactions at Circle Internet Group

In related news, Director Patrick Sean Neville sold 30,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $90.00, for a total transaction of $2,700,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Rajeev V. Date sold 23,254 shares of the company’s stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $89.62, for a total value of $2,084,023.48. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 269,809 shares of company stock valued at $24,125,170.

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 USD Coin (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.