Compass Point downgrades Circle Internet Group, Inc. Class A (CRCL) to a Sell

In a report released today, Ed Engel from Compass Point downgraded Circle Internet Group, Inc. Class A to a Sell, with a price target of $77.00.

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According to TipRanks, Engel is an analyst with an average return of -8.7% and a 34.31% success rate.

Circle Internet Group, Inc. Class A has an analyst consensus of Moderate Buy, with a price target consensus of $136.53.

Based on Circle Internet Group, Inc. Class A’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $770.23 million and a net profit of $133.42 million.

Based on the recent corporate insider activity of 152 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CRCL in relation to earlier this year. Earlier this month, Jeremy Fox-Geen, the CFO of CRCL sold 4,238.00 shares for a total of $381,420.00.