Ballentine Partners LLC Acquires 37,912 Shares of Circle Internet Group, Inc. $CRCL

Key Points

• Ballentine Partners increased its Circle Internet Group stake by 60.2% in the second quarter, purchasing 37,912 additional shares to hold 100,905 shares valued at approximately $6.32 million.
• Circle reported quarterly revenue of $701.3 million, up 6.6% year over year, but its $0.18 EPS missed the $0.26 consensus estimate. Shares opened at $71.42, well below the 12-month high of $164.64.
• Analyst sentiment remains mixed: the consensus rating is “Hold” with a $97.12 target price, while longer-term optimism around Circle’s Arc blockchain contrasts with trimmed near-term earnings estimates and substantial insider selling over the past 90 days.

Ballentine Partners LLC grew its holdings in Circle Internet Group, Inc. (NYSE:CRCL - Free Report) by 60.2% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 100,905 shares of the company's stock after buying an additional 37,912 shares during the period. Ballentine Partners LLC's holdings in Circle Internet Group were worth $6,320,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in CRCL. EverSource Wealth Advisors LLC bought a new position in shares of Circle Internet Group in the 2nd quarter valued at about $27,000. GAMMA Investing LLC grew its position in Circle Internet Group by 28.6% in the second quarter. GAMMA Investing LLC now owns 715 shares of the company's stock worth $45,000 after acquiring an additional 159 shares in the last quarter. Larson Financial Group LLC increased its stake in Circle Internet Group by 3,800.0% during the third 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. Harbour Investments Inc. increased its stake in Circle Internet Group by 170.0% during the fourth quarter. Harbour Investments Inc. now owns 378 shares of the company's stock worth $30,000 after acquiring an additional 238 shares during the last quarter. Finally, National Bank of Canada FI bought a new stake in shares of Circle Internet Group in the 3rd quarter valued at approximately $37,000.

Key Circle Internet Group News

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

• Positive Sentiment: HC Wainwright maintains a bullish stance: The firm kept a “Buy” rating and a $104 price target, well above recent trading levels. Its projections call for 2027 EPS of $1.39, including $0.40 in Q1, $0.33 in Q3 and $0.42 in Q4, compared with the current-year consensus estimate of $0.88. This supports the view that Circle’s earnings could accelerate over time.
• Positive Sentiment: Arc is central to Circle’s growth strategy: Management raised its 2026 other-revenue outlook ahead of Arc’s planned September 16 mainnet launch. Investors may view the blockchain platform as a potential new source of revenue and adoption. CRCL Q2 Earnings Call Highlights Arc-Led Revenue Outlook
• Neutral Sentiment: Analyst views remain divided: CRCL’s recent trading strength reflects continued investor interest, but commentary notes that analysts remain split on valuation and the path back toward $100. The stock is still below its 12-month high and has declined year to date, leaving substantial upside if Circle executes successfully. Circle Internet Group Stock Jumps Tuesday. Analysts Are Still Split on the Stock.
• Negative Sentiment: Near-term earnings forecasts were trimmed: HC Wainwright lowered its Q3 2026 EPS estimate to $0.34 from $0.37 and its Q4 estimate to $0.51 from $0.55. These cuts suggest some pressure on near-term profitability, even though longer-term estimates remain constructive.
• Negative Sentiment: Insider selling adds a cautious signal: Director Nikhil Chandhok sold 26,666 shares for approximately $1.79 million under a pre-arranged Rule 10b5-1 plan, reducing his position by 3.58%. Because the sale was scheduled in advance, it may not reflect a change in his view of the company, but it can still weigh on sentiment. SEC insider transaction filing

Circle Internet Group Trading Up 0.4%

Shares of NYSE CRCL opened at $71.42 on Thursday. Circle Internet Group, Inc. has a 12-month low of $49.90 and a 12-month high of $164.64. The stock's fifty day simple moving average is $69.82 and its two-hundred day simple moving average is $85.99. The stock has a market capitalization of $17.75 billion, a PE ratio of 48.92 and a beta of 0.23.

Circle Internet Group (NYSE:CRCL - Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $0.18 earnings per share for the quarter, missing analysts' consensus estimates of $0.26 by ($0.08). Circle Internet Group had a return on equity of 13.58% and a net margin of 15.53%.The company had revenue of $701.32 million for the quarter. During the same period in the prior year, the business earned ($4.48) EPS. Circle Internet Group's revenue was up 6.6% compared to the same quarter last year. On average, equities analysts predict that Circle Internet Group, Inc. will post 0.93 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, insider Nikhil Chandhok sold 26,666 shares of the firm's stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $67.15, for a total value of $1,790,621.90. Following the sale, the insider directly owned 717,920 shares in the company, valued at approximately $48,208,328. This trade represents a 3.58% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Hossein Razzaghi sold 1,829 shares of Circle Internet Group stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $60.08, for a total transaction of $109,886.32. Following the completion of the transaction, the insider directly owned 659,310 shares in the company, valued at approximately $39,611,344.80. The trade was a 0.28% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders sold 2,054,163 shares of company stock worth $159,286,990. Insiders own 10.85% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on CRCL. William Blair reiterated an "outperform" rating on shares of Circle Internet Group in a report on Wednesday, August 5th. Wall Street Zen lowered shares of Circle Internet Group from a "sell" rating to a "strong sell" rating in a research note on Saturday, August 1st. Weiss Ratings raised shares of Circle Internet Group from a "sell (d)" rating to a "sell (d+)" rating in a research note on Thursday, August 6th. Wells Fargo & Company raised their target price on shares of Circle Internet Group from $111.00 to $142.00 and gave the stock an "overweight" rating in a report on Tuesday, May 5th. Finally, Robert W. Baird cut their price target on shares of Circle Internet Group from $138.00 to $100.00 and set an "outperform" rating on the stock in a report on Monday, July 13th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, thirteen have issued a Hold rating and three have issued a Sell rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $97.12.

Circle Internet Group 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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