Circle Internet Group (NYSE:CRCL) Director M Michele Burns Sells 10,000 Shares

Key Points

• M. Michele Burns sold 10,000 shares of Circle (CRCL) on May 5 at an average price of $120.15 for $1.2015 million, reducing her stake by 2.94% to 330,206 shares (valued ≈ $39.67M), and the sale was executed under a pre‑arranged Rule 10b5‑1 plan and disclosed to the SEC.
• The May 5 sale is part of a string of recent insider dispositions (including 80,000 shares on Mar 2 and several other sales) — most executed under pre‑arranged plans or flagged as tax‑related — which could weigh on investor sentiment despite company disclosures.
• Shares traded down about 4.6% to $114.07 on heavy volume amid mixed signals: a favorable CLARITY Act compromise and a Wells Fargo upgrade supporting the stock, but a consensus analyst rating of "Hold" with a $129.06 target and notable insider selling.

Circle Internet Group, Inc. (NYSE:CRCL - Get Free Report) Director M Michele Burns sold 10,000 shares of Circle Internet Group stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $120.15, for a total value of $1,201,500.00. Following the completion of the transaction, the director owned 330,206 shares in the company, valued at approximately $39,674,250.90. The trade was a 2.94% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

M Michele Burns also recently made the following trade(s):

• On Monday, May 4th, M Michele Burns sold 1,666 shares of Circle Internet Group stock. The stock was sold at an average price of $107.61, for a total transaction of $179,278.26.
• On Monday, April 6th, M Michele Burns sold 1,666 shares of Circle Internet Group stock. The stock was sold at an average price of $92.38, for a total transaction of $153,905.08.
• On Thursday, March 12th, M Michele Burns sold 11,670 shares of Circle Internet Group stock. The stock was sold at an average price of $112.71, for a total transaction of $1,315,325.70.
• On Wednesday, March 4th, M Michele Burns sold 25,000 shares of Circle Internet Group stock. The stock was sold at an average price of $105.00, for a total transaction of $2,625,000.00.
• On Monday, March 2nd, M Michele Burns sold 80,000 shares of Circle Internet Group stock. The stock was sold at an average price of $94.88, for a total transaction of $7,590,400.00.
• On Thursday, February 26th, M Michele Burns sold 10,000 shares of Circle Internet Group stock. The stock was sold at an average price of $82.00, for a total transaction of $820,000.00.

Circle Internet Group Stock Down 4.6%

Shares of NYSE CRCL traded down $5.46 during midday trading on Tuesday, reaching $114.07. 22,378,759 shares of the company were exchanged, compared to its average volume of 14,959,473. The stock's 50-day moving average price is $100.04 and its 200-day moving average price is $90.55. The stock has a market cap of $28.15 billion and a P/E ratio of -61.33. Circle Internet Group, Inc. has a one year low of $49.90 and a one year high of $298.99.

Circle Internet Group (NYSE:CRCL - Get Free Report) last posted its earnings results 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. The company's revenue was up 76.9% on a year-over-year basis. On average, equities research analysts anticipate that Circle Internet Group, Inc. will post 0.84 EPS for the current year.

Hedge Funds Weigh In On Circle Internet Group

Several hedge funds and other institutional investors have recently bought and sold shares of CRCL. General Catalyst Group Management LLC acquired a new position in Circle Internet Group in the second quarter valued at $3,647,694,000. IDG Accel China Capital II Associates L.P. acquired a new position in Circle Internet Group in the fourth quarter valued at $554,792,000. Accel XI Associates L.L.C. acquired a new position in Circle Internet Group in the fourth quarter valued at $513,844,000. Vanguard Group Inc. lifted its holdings in Circle Internet Group by 61.6% in the third quarter. Vanguard Group Inc. now owns 5,578,696 shares of the company's stock valued at $739,624,000 after buying an additional 2,126,072 shares during the period. Finally, Renaissance Technologies LLC acquired a new position in Circle Internet Group in the fourth quarter valued at $163,948,000.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the stock. Wells Fargo & Company boosted their price objective on shares of Circle Internet Group from $111.00 to $142.00 and gave the stock an "overweight" rating in a research note on Tuesday. William Blair reissued an "outperform" rating on shares of Circle Internet Group in a research note on Wednesday, February 25th. Wall Street Zen cut shares of Circle Internet Group from a "hold" rating to a "sell" rating in a research note on Saturday, April 11th. Clear Str raised shares of Circle Internet Group from a "hold" rating to a "strong-buy" rating in a research note on Monday, March 16th. Finally, Morgan Stanley set a $80.00 target price on shares of Circle Internet Group in a report on Monday, April 20th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, eleven have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $129.06.

Circle Internet Group News Roundup

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

• Positive Sentiment: U.S. lawmakers reached a compromise on the CLARITY Act that preserves key stablecoin reward mechanics, reducing regulatory risk to USDC yield programs — a direct catalyst cited for a double‑digit rally in CRCL. Read More.
• Positive Sentiment: Wells Fargo raised its price target on CRCL from $111 to $142 and moved to an “overweight” rating, giving the stock ~24.5% upside to that target — a fresh institutional buy-side endorsement that likely supported gains. Read More.
• Positive Sentiment: Unusual options activity: traders bought ~138,703 call options (≈ +19% vs. normal), signaling elevated bullish positioning that can amplify short‑term upside if momentum continues.
• Neutral Sentiment: Industry and market commentary framed CRCL’s move as part of a broader crypto‑equity rally (Coinbase, other digital-asset names) as investors rotate back into crypto-linked stocks. Read More.
• Negative Sentiment: Insider selling: several executives and directors sold shares in Rule 10b5‑1 plans — CFO Jeremy Fox‑Geen (4,238 shares at $107.10 on 5/4 and 7,200 at ~$92.64 on 5/1), CAO Tamara L. Schulz (1,194 shares at $107.10 on 5/4), Director Patrick S. Neville (5,000 and 30,000 shares at ~ $92.64–$92.65 on 5/1), and Director M. Michele Burns (1,666 at $107.61 on 5/4 and 10,000 at $120.15 on 5/5). Sales were disclosed on SEC filings and many were flagged as tax‑related or executed under pre‑arranged plans — but the volume and visibility of those sales can weigh on sentiment. SEC filings: Read More., Read More., Read More., Read More.

About Circle Internet Group

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.