<div id="readability-page-1"><p>Circle Internet Group (NYSE:CRCL - Get Free Report) announced its quarterly earnings data on Wednesday. The company reported $0.64 EPS for the quarter, beating analysts' consensus estimates of $0.20 by $0.44, Zacks reports. The firm had revenue of $739.76 million during the quarter. The firm's revenue was up 65.9% on a year-over-year basis.</p><div><p><span></span><span>Get <strong>Circle Internet Group</strong> alerts:</span></p></div><h2>Circle Internet Group Trading Down 10.4%</h2><ul><li>Hold Ratings, High Rewards? 3 Stocks That Could Defy Expectations</li></ul><p>Circle Internet Group stock traded down $10.21 during mid-day trading on Wednesday, reaching $88.09. 30,387,950 shares of the company traded hands, compared to its average volume of 18,247,527. Circle Internet Group has a fifty-two week low of $64.00 and a fifty-two week high of $298.99. The company has a fifty day moving average price of $128.81. </p><h2>Insider Buying and Selling at Circle Internet Group</h2><p>In other news, Director Patrick Sean Neville sold 260,374 shares of the firm's stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $127.08, for a total value of $33,088,327.92. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Nikhil Chandhok sold 50,000 shares of the firm's stock in a transaction on Monday, August 18th. The stock was sold at an average price of $127.08, for a total value of $6,354,000.00. Following the completion of the sale, the insider directly owned 530,803 shares of the company's stock, valued at $67,454,445.24. This trade represents a 8.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 831,014 shares of company stock worth $105,416,046. </p><h2>Hedge Funds Weigh In On Circle Internet Group</h2><ul><li>How Did Peter Thiel-Backed Crypto Exchange Bullish's IPO Go?</li></ul><p>Institutional investors have recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC acquired a new position in shares of  Circle Internet Group in the 2nd quarter valued at about $27,000.  Banque Transatlantique SA acquired a new stake in shares of  Circle Internet Group during the second quarter worth $134,000.  Brevan Howard Capital Management LP purchased a new stake in shares of  Circle Internet Group in the 2nd quarter valued at approximately $281,000.  Creative Planning purchased a new position in  Circle Internet Group during the 2nd quarter valued at about $295,000.  Finally, Captrust Financial Advisors acquired a new stake in  Circle Internet Group during the second quarter valued at $317,000. </p><h2>Analyst Ratings Changes</h2><p>CRCL has been the subject of a number of research analyst reports. JMP Securities assumed coverage on shares of Circle Internet Group in a report on Tuesday, September 30th. They set a &#34;market perform&#34; rating for the company. Deutsche Bank Aktiengesellschaft reduced their price objective on Circle Internet Group from $163.00 to $123.00 and set a &#34;hold&#34; rating on the stock in a research note on Wednesday, August 20th. Canaccord Genuity Group  reissued a &#34;buy&#34; rating and set a $247.00 price target on shares of Circle Internet Group in a research report on Thursday, September 11th. Robert W. Baird cut their price target on shares of Circle Internet Group from $210.00 to $185.00 and set a &#34;neutral&#34; rating on the stock in a report on Wednesday, August 13th. Finally, Compass Point downgraded Circle Internet Group from a &#34;neutral&#34; rating to a &#34;sell&#34; rating and decreased their price objective for the stock from $205.00 to $130.00 in a report on Monday, July 21st. One investment analyst  has rated the stock with a Strong Buy rating, seven have given a Buy rating, ten have assigned  a Hold rating and four have assigned  a Sell rating to the company's stock. According to data from MarketBeat.com, the company  has a consensus rating of &#34;Hold&#34; and a consensus target price of $164.47.</p><ul><li>IPO Momentum Returns: 3 Stocks Rising After CoreWeave’s Surge</li></ul><p><b>Get Our Latest Report on CRCL</b></p><h2>About Circle Internet Group</h2> (Get Free Report)<p>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.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Circle Internet Group</li><li>Should You Invest in Penny Stocks?</li><li>Why Bulls Should Want a Bigger Drop in Palantir Stock</li><li>ESG Stocks, What Investors Should Know</li><li>Papa John's $2.7 Billion Takeover Bid: A Price on Untapped Value</li><li>How to Invest in the Best Canadian Stocks </li><li>Is Qualcomm Up 40% or Down 20%? 2 Contrarian Takes</li></ul><p><em>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.</em></p><h2>Should You Invest $1,000 in Circle Internet Group Right Now?</h2><p>Before you consider Circle Internet Group, you'll want to hear this.</p><p>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.</p><p>While Circle Internet Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

CRCL

<p>Circle Internet Group (NYSE:CRCL) reported quarterly earnings of $0.64 EPS, exceeding expectations by $0.44. Revenue reached $739.76 million, a 65.9% increase year-over-year. Despite strong earnings, the stock fell 10.4% to $88.09. Insider trading included significant sales by directors. Analysts have mixed ratings, with a consensus hold rating and a target price of $164.47. Circle aims to enhance global economic prosperity through seamless value exchange.</p>

Circle Internet Group (NYSE:CRCL) Releases Quarterly Earnings Results, Beats Expectations By $0.44 EPS