Circle Internet Group (NYSE:CRCL – Get Free Report) had its price target raised by investment analysts at Mizuho from $100.00 to $120.00 in a report issued on Friday, MarketBeat reports. The brokerage currently has a “neutral” rating on the stock. Mizuho’s price objective would suggest a potential upside of 4.15% from the company’s current price.
Several other research firms have also commented on CRCL. JPMorgan Chase & Co. decreased their price target on shares of Circle Internet Group from $100.00 to $90.00 and set an “overweight” rating for the company in a research report on Tuesday, February 10th. Sanford C. Bernstein set a $190.00 price objective on shares of Circle Internet Group in a research report on Tuesday, January 6th. Wells Fargo & Company reduced their price objective on shares of Circle Internet Group from $128.00 to $111.00 and set an “overweight” rating for the company in a research note on Thursday, February 26th. William Blair reissued an “outperform” rating on shares of Circle Internet Group in a research report on Wednesday, February 25th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Circle Internet Group in a research note on Wednesday, January 21st. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $124.65.
Read Our Latest Analysis on CRCL
Circle Internet Group Trading Up 0.9%
Circle Internet Group (NYSE:CRCL – Get Free Report) last issued 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 company had revenue of $770.23 million for the quarter. Circle Internet Group’s revenue was up 76.9% compared to the same quarter last year.
Insider Activity
In related news, Director M Michele Burns sold 80,000 shares of the firm’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $94.88, for a total transaction of $7,590,400.00. Following the completion of the transaction, the director owned 305,230 shares of the company’s stock, valued at $28,960,222.40. This trade represents a 20.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Patrick Sean Neville sold 30,000 shares of the business’s stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $90.00, for a total transaction of $2,700,000.00. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 462,567 shares of company stock valued at $43,969,052 over the last quarter.
Institutional Trading of Circle Internet Group
Hedge funds have recently modified their holdings of the stock. EverSource Wealth Advisors LLC acquired a new stake in Circle Internet Group during the second quarter worth about $27,000. PNC Financial Services Group Inc. lifted its holdings in Circle Internet Group by 14.9% in the third quarter. PNC Financial Services Group Inc. now owns 1,164 shares of the company’s stock valued at $154,000 after acquiring an additional 151 shares during the period. Larson Financial Group LLC boosted its position 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 worth $26,000 after purchasing an additional 190 shares in the last quarter. Pilgrim Partners Asia Pte Ltd purchased a new stake in Circle Internet Group in the 3rd quarter worth approximately $27,000. Finally, Allworth Financial LP acquired a new stake in shares of Circle Internet Group during the 2nd quarter worth approximately $37,000.
Trending Headlines about Circle Internet Group
Here are the key news stories impacting Circle Internet Group this week:
- Positive Sentiment: Analyst endorsements and reiterations — Bernstein (via SocGen coverage) reiterated a buy on CRCL, reinforcing institutional confidence that can support demand for the stock. Bernstein Reiterates Buy
- Positive Sentiment: Broad analyst confidence rising — recent analyst updates compiled by Blockonomi highlight increasing conviction from multiple houses, which supports momentum and helps explain buying interest. Analyst Updates
- Positive Sentiment: Inclusion/visibility in fintech segment — coverage noting CRCL gains within the NYSE Composite fintech grouping can attract ETF/sector flows and benchmark-driven buying. Fintech Index Coverage
- Neutral Sentiment: Mizuho raised its price target from $100 to $120 but kept a “neutral” rating — the higher target signals improved estimate assumptions, but the neutral stance limits the endorsement strength (StreetInsider/Benzinga). Mizuho PT Raise
- Neutral Sentiment: Company narrative shifting to payments — a Circle executive emphasized crypto’s next phase is payments and large-value transfer infrastructure, a bullish long-term thesis but not a near-term revenue guarantee. Executive Comments
- Neutral Sentiment: Market commentary on valuation/timing — coverage questioning whether it’s too late to buy after the run-up introduces caution for new buyers; useful for trading/positioning decisions. Valuation Analysis
- Negative Sentiment: Insider selling — former regulator/board member Heath Tarbert sold 43,694 shares recently; insider sales can be viewed negatively by some investors as a signal to reduce exposure. Insider Sale
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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