Circle internet group cfo fox-geen disposes of $1.35m in stock
Circle internet group cfo fox-geen disposes of $1.35m in stock
Jeremy Fox-Geen, Chief Financial Officer of Circle Internet Group, Inc. (NASDAQ:CRCL), recently disposed of 15,000 shares of the company’s Class A common stock, totaling $1,350,000, according to a recent SEC filing. The shares were sold at a price of $90.00 per share. The stock currently trades at $85.91, below the CFO’s sale price. According to InvestingPro analysis, Circle appears undervalued at current levels, with a Fair Value of $92.08—placing it among the platform’s most undervalued stocks.
On the same date, October 21, 2026, Mr. Fox-Geen also acquired 15,000 shares of Class A common stock through the exercise of stock options. These shares were acquired at a price of $10.11 per share, for a total value of $151,650.
The sale of the 15,000 shares was executed pursuant to a pre-arranged 10b5-1 trading plan.
Following these transactions, Mr. Fox-Geen directly holds 302,930 shares of Class A common stock. This total includes 42,317 shares held outright and 260,613 shares issuable upon the vesting of restricted stock units. He also beneficially owns 1,070,606 stock options (right to buy) for Class A common stock. These options have a vesting schedule where one-quarter of the shares vested upon the one-year anniversary of the vesting commencement date, with the remainder vesting in 36 successive equal monthly installments, contingent on his continued service with Circle Internet Group, Inc.The company maintains a strong balance sheet, holding more cash than debt, according to InvestingPro analysis. For deeper insights, Circle is among 1,400+ US stocks covered by comprehensive Pro Research Reports, transforming complex data into actionable intelligence.
In other recent news, Circle Internet Group is preparing to report its third-quarter earnings in early to mid-November. Baird has reiterated an Outperform rating on the company’s stock with a $100 price target, although it anticipates revenue and reserve liquidity deposit costs to fall slightly below consensus estimates due to a 4% sequential decline in USDC. Meanwhile, Tiger Securities has raised its price target for Circle Internet to $115, maintaining a Buy rating, reflecting optimism about the company’s crypto outlook. Susquehanna continues to hold a Neutral rating with a $92 price target and has announced that CFO Jeremy Fox-Green and cofounder Sean Neville will be stepping down from their roles.
In another development, Circle Internet has expanded its USDC distribution agreement with Binance, which Baird notes as a significant move, reiterating its Outperform rating and $100 price target. Binance is now considered a major international distribution partner for Circle’s USDC stablecoin, second only to Coinbase. Additionally, TD Cowen increased its price target to $92 from $87, maintaining a Buy rating. This adjustment was influenced by several factors, including the Arc mainnet launch, the Federal Reserve rate hike, and the failed Clarity Act cloture vote.
Related Articles
- Insider Trading News
Robinhood director Baiju Bhatt sells $5.16M HOOD shares
- Insider Trading News
HPE EVP, pres GM networking Rami Rahim sells $1.99M in company stock
- Insider Trading News
yelp cfo david schwarzbach sells $150,000 in yelp shares
- Stock Markets News
Why is AI OKTO stock surging today?
- Stock Markets News
Why is Maplebear stock slipping today?