Circle Internet Group, Inc. (NYSE:CRCL - Get Free Report)'s share price was down 5.9% on Monday . The stock traded as low as $126.01 and last traded at $127.10. Approximately 5,091,773 shares changed hands during mid-day trading, a decline of 80% from the average daily volume of 25,639,617 shares. The stock had previously closed at $135.04.
Wall Street Analyst Weigh In
Several analysts have recently weighed in on CRCL shares. Barclays started coverage on shares of Circle Internet Group in a research note on Monday, June 30th. They issued an "overweight" rating and a $215.00 price target for the company. Canaccord Genuity Group reissued a "buy" rating and issued a $247.00 price target on shares of Circle Internet Group in a research note on Monday, August 18th. JPMorgan Chase & Co. increased their price objective on shares of Circle Internet Group from $80.00 to $89.00 and gave the stock an "underweight" rating in a research report on Tuesday, August 19th. Mizuho set a $85.00 target price on Circle Internet Group in a research report on Tuesday, August 12th. Finally, Needham & Company LLC reissued a "buy" rating and issued a $250.00 target price on shares of Circle Internet Group in a research report on Wednesday, August 20th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, five have given a Hold rating and three have issued a Sell rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $170.91.
Check Out Our Latest Research Report on Circle Internet Group
Circle Internet Group Stock Performance
The firm has a market capitalization of $29.23 billion and a P/E ratio of -10,068.75. The business's 50-day moving average is $183.95.
Insider Buying and Selling
In other Circle Internet Group news, CFO Jeremy Fox-Geen sold 200,000 shares of the firm's stock in a transaction that occurred on Friday, June 6th. The shares were sold at an average price of $29.30, for a total value of $5,860,000.00. Following the completion of the transaction, the chief financial officer owned 320,371 shares of the company's stock, valued at $9,386,870.30. This trade represents a 38.43% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Jeremy Allaire sold 1,582,160 shares of the firm's stock in a transaction that occurred on Friday, June 6th. The shares were sold at an average price of $29.30, for a total transaction of $46,357,288.00. The disclosure for this sale can be found here. Insiders have sold a total of 7,480,290 shares of company stock worth $297,142,856 over the last three months.
Hedge Funds Weigh In On Circle Internet Group
A number of institutional investors and hedge funds have recently modified their holdings of CRCL. General Catalyst Group Management LLC acquired a new position in shares of Circle Internet Group during the second quarter worth $3,647,694,000. Marshall Wace LLP acquired a new position in shares of Circle Internet Group during the second quarter worth $1,547,214,000. ARK Investment Management LLC acquired a new position in shares of Circle Internet Group during the second quarter worth $530,165,000. Squarepoint Ops LLC acquired a new position in shares of Circle Internet Group during the second quarter worth $73,101,000. Finally, Nikko Asset Management Americas Inc. acquired a new position in shares of Circle Internet Group during the second quarter worth $72,486,000.
Circle Internet Group Company Profile
(
Get Free Report)
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Circle Internet Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Circle Internet Group wasn't on the list.
While Circle Internet Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for September 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
MarketBeat All Access