Insider Selling: Circle Internet Group (NYSE:CRCL) CFO Sells 4,238 Shares of Stock

Key Points

• CFO Jeremy Fox‑Geen sold 4,238 shares at an average price of $107.10 on May 4 under a pre‑arranged Rule 10b5‑1 plan to cover tax withholding from vested equity, reducing his stake by 1.18% to 355,611 shares (≈$38.1M).
• Insider selling extended beyond the CFO — several executives and directors (including the CAO and multiple board members) executed Rule 10b5‑1 or tax‑related sales, a visible volume of disposals that could weigh on sentiment despite being pre‑planned.
• CRCL traded down about 4.6% to $114.07 on heavy volume even as positive catalysts — notably a CLARITY Act compromise preserving USDC yield mechanics and a Wells Fargo upgrade with a $142 target — and multiple analyst price‑target raises supported recent rallies.

Circle Internet Group, Inc. (NYSE:CRCL - Get Free Report) CFO Jeremy Fox-Geen sold 4,238 shares of the business's stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $107.10, for a total value of $453,889.80. Following the completion of the sale, the chief financial officer owned 355,611 shares of the company's stock, valued at $38,085,938.10. This trade represents a 1.18% decrease in their ownership of the stock. 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Jeremy Fox-Geen also recently made the following trade(s):

• On Friday, May 1st, Jeremy Fox-Geen sold 7,200 shares of Circle Internet Group stock. The shares were sold at an average price of $92.64, for a total value of $667,008.00.
• On Thursday, April 2nd, Jeremy Fox-Geen sold 4,238 shares of Circle Internet Group stock. The shares were sold at an average price of $90.00, for a total value of $381,420.00.
• On Wednesday, April 1st, Jeremy Fox-Geen sold 7,200 shares of Circle Internet Group stock. The shares were sold at an average price of $98.04, for a total value of $705,888.00.
• On Thursday, February 26th, Jeremy Fox-Geen sold 47,908 shares of Circle Internet Group stock. The shares were sold at an average price of $90.00, for a total value of $4,311,720.00.

Circle Internet Group Trading Down 4.6%

CRCL traded down $5.46 during 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 has a market cap of $28.15 billion and a P/E ratio of -61.33. The firm has a 50 day moving average of $100.04 and a 200 day moving average of $90.55. Circle Internet Group, Inc. has a 52 week low of $49.90 and a 52 week high of $298.99.

Circle Internet Group (NYSE:CRCL - Get Free Report) last issued its quarterly earnings data on Wednesday, February 25th. The company reported $0.43 EPS 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 firm's quarterly revenue was up 76.9% compared to the same quarter last year. As a group, analysts forecast that Circle Internet Group, Inc. will post 0.84 earnings per share for the current fiscal year.

Key Headlines Impacting Circle Internet Group

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.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in CRCL. Bartlett & CO. Wealth Management LLC acquired a new position in Circle Internet Group during the 4th quarter worth $25,000. Larson Financial Group LLC boosted its position in Circle Internet Group by 3,800.0% during 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 period. Pilgrim Partners Asia Pte Ltd acquired a new position in Circle Internet Group during the 3rd quarter worth $27,000. EverSource Wealth Advisors LLC acquired a new position in Circle Internet Group during the 2nd quarter worth $27,000. Finally, Bellevue Asset Management LLC acquired a new position in Circle Internet Group during the 4th quarter worth $29,000.

Analyst Ratings Changes

CRCL has been the subject of a number of recent research reports. Morgan Stanley set a $80.00 price objective on Circle Internet Group in a research note on Monday, April 20th. Wells Fargo & Company upped their price objective on Circle Internet Group from $111.00 to $142.00 and gave the stock an "overweight" rating in a research note on Tuesday. Mizuho upped their price objective on Circle Internet Group from $100.00 to $120.00 and gave the stock a "neutral" rating in a research note on Friday, March 13th. The Goldman Sachs Group upped their price objective on Circle Internet Group from $79.00 to $88.00 and gave the stock a "neutral" rating in a research note on Monday, January 5th. Finally, Robert W. Baird upped their price objective on Circle Internet Group from $110.00 to $138.00 and gave the stock an "outperform" rating in a research note on Tuesday, March 17th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, eleven have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, Circle Internet Group has an average rating of "Hold" and an average target price of $129.06.

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.

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