Circle Internet Group, Inc. (NYSE:CRCL – Get Free Report) President Heath Tarbert sold 15,000 shares of the business’s stock in a transaction on Friday, March 13th. The stock was sold at an average price of $116.04, for a total transaction of $1,740,600.00. Following the completion of the sale, the president owned 584,156 shares of the company’s stock, valued at $67,785,462.24. The trade was a 2.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.
Heath Tarbert also recently made the following trade(s):
- On Tuesday, March 10th, Heath Tarbert sold 43,694 shares of Circle Internet Group stock. The stock was sold at an average price of $117.80, for a total transaction of $5,147,153.20.
- On Monday, March 2nd, Heath Tarbert sold 122,007 shares of Circle Internet Group stock. The shares were sold at an average price of $94.23, for a total transaction of $11,496,719.61.
- On Thursday, February 26th, Heath Tarbert sold 10,753 shares of Circle Internet Group stock. The stock was sold at an average price of $90.14, for a total transaction of $969,275.42.
- On Monday, December 22nd, Heath Tarbert sold 3,048 shares of Circle Internet Group stock. The stock was sold at an average price of $90.02, for a total transaction of $274,380.96.
Circle Internet Group Price Performance
CRCL stock opened at $131.95 on Wednesday. Circle Internet Group, Inc. has a 52-week low of $49.90 and a 52-week high of $298.99. The company has a 50-day moving average of $79.18 and a two-hundred day moving average of $97.67. The stock has a market capitalization of $31.07 billion and a price-to-earnings ratio of -70.94.
Trending Headlines about Circle Internet Group
Here are the key news stories impacting Circle Internet Group this week:
- Positive Sentiment: Analyst upgrades and price‑target increases lifted sentiment — Clear Street turned bullish and several shops (including Robert W. Baird raising its target to $138 and Zacks moving to strong‑buy) pushed demand. Circle Internet (CRCL) Stock Surges on Analyst Upgrades
- Positive Sentiment: USDC supply has expanded materially (reports ~ $75.2B), which supports higher transaction volumes and fee‑related revenue if growth is sustained — viewed as a fundamental tailwind for Circle’s core business. USDC Supply Coverage
- Positive Sentiment: Enterprise integrations with partners like Visa and Intuit and expansion of the Circle Payments Network are highlighted as drivers that could accelerate cross‑border volumes and future revenue growth. Can Circle’s Enterprise Integrations Accelerate Future Revenue Growth?
- Neutral Sentiment: Board addition: Circle added a veteran tech leader to its board — a governance/operational positive but not an immediate revenue driver. Board Addition
- Neutral Sentiment: Trading/volume note: CRCL has seen volume growth and moved into NYSE Composite conversation — higher liquidity can amplify moves but is neutral on direction by itself. Volume Growth Coverage
- Neutral Sentiment: Regulatory/charter scrutiny: analysts and reporters note the bank charter and related disclosures raise questions about how regulatory requirements will affect economics — keep monitoring regulatory updates. Charter & Regulatory Focus
- Negative Sentiment: Insider selling: several insiders (including Director Rajeev Date, President Heath Tarbert, and Director M. Michele Burns) disclosed sales in mid‑March, totaling sizable dollar amounts — raises caution for some investors about near‑term insider conviction. Insider Selling Report
Institutional Trading of Circle Internet Group
Several institutional investors have recently bought and sold shares of CRCL. EverSource Wealth Advisors LLC bought a new stake in Circle Internet Group in the second quarter valued at $27,000. PNC Financial Services Group Inc. lifted its holdings in shares of Circle Internet Group by 14.9% during 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 stake in shares of Circle Internet Group by 3,800.0% in the 3rd quarter. Larson Financial Group LLC now owns 195 shares of the company’s stock valued at $26,000 after purchasing an additional 190 shares in the last quarter. Pilgrim Partners Asia Pte Ltd acquired a new stake in shares of Circle Internet Group in the 3rd quarter valued at $27,000. Finally, Allworth Financial LP bought a new stake in shares of Circle Internet Group in the 2nd quarter worth about $37,000.
Analysts Set New Price Targets
CRCL has been the subject of a number of research analyst reports. Wolfe Research initiated coverage on Circle Internet Group in a report on Tuesday, December 2nd. They set an “underperform” rating and a $60.00 price target for the company. Sanford C. Bernstein set a $190.00 target price on shares of Circle Internet Group in a research report on Tuesday, January 6th. JPMorgan Chase & Co. cut their target price on shares of Circle Internet Group from $100.00 to $90.00 and set an “overweight” rating for the company in a research note on Tuesday, February 10th. Robert W. Baird increased their price target on shares of Circle Internet Group from $110.00 to $138.00 and gave the company an “outperform” rating in a report on Tuesday. Finally, The Goldman Sachs Group lifted their target price on Circle Internet Group from $79.00 to $88.00 and gave the stock a “neutral” rating in a research report on Monday, January 5th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned 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 has an average rating of “Hold” and an average price target of $126.29.
Check Out Our Latest Research 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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