Rep. Robert Bresnahan, Jr. Purchases Shares of Circle Internet Group, Inc. (NYSE:CRCL)

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently bought shares of Circle Internet Group, Inc. NYSE: CRCL. In a filing disclosed on July 08th, the Representative disclosed that they had bought between $1,001 and $15,000 in Circle Internet Group stock on June 24th.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Zoom Communications NASDAQ: ZM on 6/25/2025.
• Purchased $1,001 - $15,000 in shares of Coinbase Global NASDAQ: COIN on 6/24/2025.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 6/23/2025.
• Sold $1,001 - $15,000 in shares of Chubb NYSE: CB on 6/13/2025.
• Sold $1,001 - $15,000 in shares of Atlassian NASDAQ: TEAM on 6/11/2025.
• Purchased $1,001 - $15,000 in shares of ServiceTitan NASDAQ: TTAN on 6/11/2025.
• Sold $1,001 - $15,000 in shares of Datadog NASDAQ: DDOG on 6/11/2025.
• Sold $1,001 - $15,000 in shares of GitLab NASDAQ: GTLB on 6/11/2025.
• Purchased $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 6/11/2025.
• Sold $1,001 - $15,000 in shares of Intel NASDAQ: INTC on 6/11/2025.

Circle Internet Group Stock Down 4.8%

Circle Internet Group stock traded down $11.24 during trading hours on Friday, hitting $223.84. The stock had a trading volume of 42,692,359 shares, compared to its average volume of 33,021,110. The stock has a market cap of $49.81 billion and a price-to-earnings ratio of -17,689.27. Circle Internet Group, Inc. has a fifty-two week low of $64.00 and a fifty-two week high of $298.99.

Insider Activity at Circle Internet Group

In other news, CFO Jeremy Fox-Geen sold 200,000 shares of the business's stock in a transaction that occurred on Friday, June 6th. The stock was sold at an average price of $29.30, for a total transaction of $5,860,000.00. Following the completion of the sale, the chief financial officer owned 320,371 shares in the company, valued at $9,386,870.30. The trade was a 38.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Rajeev V. Date sold 50,000 shares of the business's stock in a transaction that occurred on Friday, June 6th. The stock was sold at an average price of $29.30, for a total value of $1,465,000.00. Following the sale, the director owned 238,513 shares of the company's stock, valued at approximately $6,988,430.90. This represents a 17.33% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 6,682,884 shares of company stock valued at $195,808,501.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on CRCL shares. Barclays started coverage on Circle Internet Group in a research report on Monday, June 30th. They issued an "overweight" rating and a $215.00 price objective on the stock. Compass Point initiated coverage on Circle Internet Group in a research report on Tuesday, June 24th. They issued a "neutral" rating and a $205.00 price target on the stock. Mizuho initiated coverage on Circle Internet Group in a research report on Tuesday, July 8th. They issued an "underperform" rating and a $85.00 price target on the stock. Citigroup initiated coverage on Circle Internet Group in a research report on Monday, June 30th. They issued a "buy" rating and a $243.00 price target on the stock. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on Circle Internet Group in a research report on Monday, June 30th. They issued a "hold" rating and a $155.00 price target on the stock. Three investment analysts have rated the stock with a sell rating, six have given a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $182.09.

Institutional Trading of Circle Internet Group

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. North Star Investment Management Corp. bought a new position in Circle Internet Group during the second quarter worth about $34,000. Compagnie Lombard Odier SCmA bought a new position in Circle Internet Group during the second quarter worth about $79,000. Westbourne Investments Inc. bought a new position in Circle Internet Group during the second quarter worth about $204,000. Truist Financial Corp bought a new stake in shares of Circle Internet Group during the second quarter worth approximately $218,000. Finally, Masso Torrence Wealth Management Inc. bought a new stake in shares of Circle Internet Group during the second quarter worth approximately $245,000.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania's 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania's 8th Congressional District. He declared candidacy for the 2026 election. Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

About Circle Internet Group

Founded in 2013, Circle's mission is to raise global economic prosperity through the frictionless exchange of value. We intend to connect the world more deeply by building a new global economic system on the foundation of the internet, and to facilitate the creation of a world where everyone, everywhere can share value as easily as we can today share information, content, and communications.