Circle Internet Group, Inc. (NYSE:CRCL – Get Free Report) insider Nikhil Chandhok sold 26,666 shares of the company’s stock in a transaction on Monday, August 10th. The shares were sold at an average price of $67.15, for a total transaction of $1,790,621.90. Following the sale, the insider directly owned 717,920 shares in the company, valued at $48,208,328. This trade represents a 3.58% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Nikhil Chandhok also recently made the following trade(s):
- On Wednesday, July 8th, Nikhil Chandhok sold 26,666 shares of Circle Internet Group stock. The shares were sold at an average price of $63.90, for a total value of $1,703,957.40.
- On Wednesday, June 24th, Nikhil Chandhok sold 489,737 shares of Circle Internet Group stock. The stock was sold at an average price of $72.37, for a total value of $35,442,266.69.
- On Monday, June 8th, Nikhil Chandhok sold 26,666 shares of Circle Internet Group stock. The stock was sold at an average price of $83.75, for a total value of $2,233,277.50.
- On Thursday, May 21st, Nikhil Chandhok sold 10,000 shares of Circle Internet Group stock. The shares were sold at an average price of $111.00, for a total transaction of $1,110,000.00.
Circle Internet Group Stock Up 6.0%
Shares of NYSE CRCL opened at $75.56 on Friday. The firm has a market cap of $18.78 billion, a PE ratio of 51.75 and a beta of 0.23. The company’s fifty day simple moving average is $69.51 and its 200 day simple moving average is $86.02. Circle Internet Group, Inc. has a 12-month low of $49.90 and a 12-month high of $159.47.
Wall Street Analysts Forecast Growth
CRCL has been the topic of a number of recent research reports. Freedom Capital raised shares of Circle Internet Group to a “hold” rating in a research note on Tuesday, April 21st. Compass Point set a $62.00 target price on Circle Internet Group in a research report on Wednesday, July 15th. KeyCorp assumed coverage on Circle Internet Group in a research note on Tuesday, May 26th. They set a “sector weight” rating on the stock. The Goldman Sachs Group set a $71.00 price target on shares of Circle Internet Group in a report on Thursday, August 6th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $101.00 target price on shares of Circle Internet Group in a research note on Tuesday, May 12th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, thirteen have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $97.12.
Check Out Our Latest Report on Circle Internet Group
Hedge Funds Weigh In On Circle Internet Group
Several institutional investors and hedge funds have recently bought and sold shares of CRCL. Bartlett & CO. Wealth Management LLC bought a new stake in shares of Circle Internet Group in the fourth quarter valued at $25,000. Larson Financial Group LLC increased its holdings 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 acquiring an additional 190 shares during the last quarter. EverSource Wealth Advisors LLC bought a new stake in Circle Internet Group in the 2nd quarter valued at about $27,000. Bellevue Asset Management LLC bought a new stake in Circle Internet Group in the 4th quarter valued at about $29,000. Finally, Harbour Investments Inc. lifted its holdings in Circle Internet Group by 170.0% during the fourth quarter. Harbour Investments Inc. now owns 378 shares of the company’s stock valued at $30,000 after purchasing an additional 238 shares during the last quarter.
Circle Internet Group News Roundup
Here are the key news stories impacting Circle Internet Group this week:
- Positive Sentiment: Long-term earnings outlook remains constructive: HC Wainwright maintained a “Buy” rating and expects Circle to earn $1.24 per share in fiscal 2026 and $1.39 per share in fiscal 2027. Its estimates imply substantial earnings growth from the current-year consensus forecast of $0.93 per share.
- Positive Sentiment: Price target indicates potential upside: The firm’s $104 target remains well above recent trading levels, reinforcing the bullish case if Circle can expand stablecoin-related revenue and execute on its growth initiatives.
- Positive Sentiment: Arc could provide a new growth catalyst: Coverage of Circle’s planned Arc blockchain mainnet launch and higher 2026 “other revenue” outlook is supporting expectations for additional blockchain infrastructure and stablecoin adoption. CRCL Q2 Earnings Call Highlights Arc-Led Revenue Outlook
- Neutral Sentiment: Analyst sentiment is mixed: HC Wainwright remains bullish, but the broader consensus rating is “Hold,” with an average target of $97.12. Recent commentary also noted that investors remain divided over valuation and the timing of a potential recovery toward $100. Circle Internet Stock Declines Despite Analysts Forecasting Upside
- Negative Sentiment: Near-term EPS estimates were reduced: HC Wainwright lowered its Q3 2026 forecast to $0.34 from $0.37 and its Q4 forecast to $0.51 from $0.55. The revisions follow Circle’s latest quarterly EPS miss, when it reported $0.18 versus a $0.26 consensus estimate.
- Negative Sentiment: Insider selling may weigh on sentiment: Nikhil Chandhok sold 26,666 shares for approximately $1.79 million, reducing his holdings by 3.58%. The transaction was made under a pre-arranged Rule 10b5-1 plan, so it does not necessarily signal weakening confidence, but it adds a cautionary element. SEC insider transaction filing
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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