Stock market today: S&P 500 shrugs off hawkish Fed minutes to snap losing streak
Director Patrick Sean Neville of Circle Internet Group, Inc. (NASDAQ:CRCL) sold 33,569 shares of Class A Common Stock on November 13, 2025, for $85.05, totaling $2.85 million. The stock has since fallen to $76.59, representing a significant 21.3% drop over the past week. According to InvestingPro, the current RSI suggests the stock is in oversold territory.
The shares were held indirectly via the Calico Trust. Following the transaction, Neville indirectly holds 33,568 shares of Circle Internet Group, Inc. The sale was disclosed in a Form 4 filing with the Securities and Exchange Commission.Circle Internet Group maintains a strong balance sheet with more cash than debt, though the company faces profitability challenges with a weak gross profit margin of 5.28%. InvestingPro analysis indicates the stock is currently undervalued compared to its Fair Value. Discover more insights with the comprehensive Pro Research Report, available for over 1,400 US equities.
In other recent news, Circle Internet Group reported strong third-quarter earnings, with revenue reaching $740 million and adjusted EBITDA at $166 million, both surpassing analyst expectations by 5% and 26%, respectively. This performance highlights the company’s robust financial health despite broader market challenges. Baird upgraded Circle Internet Group from Neutral to Outperform, citing its underperformance relative to the S&P 500 and setting a price target of $110.00. Meanwhile, Needham adjusted its price target to $190.00 from $250.00, maintaining a Buy rating, following Circle’s impressive growth in its USDC stablecoin circulation, which increased by 108% year-over-year. On the other hand, Mizuho lowered its price target to $70.00, maintaining an Underperform rating based on historical IPO performance analysis. Baird also revised its price target to $110.00 from $144.00, reflecting concerns about rising distribution costs and the company’s long-term potential. Despite these varied assessments, Bernstein continues to see Circle as an outperformer, even as the stock faced a 10% drop due to rate cut concerns. These developments underscore the diverse perspectives among analysts regarding Circle Internet Group’s future trajectory.
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