Insider Cluster (5 insiders) ·Filed Jun 9, 2026

CRCL

Circle Internet Group, Inc.
BEARISH
Impact 5/10
Horizonweeks Processed3mo ago
Insider cluster: 5 insiders, $29.8M total
Actionable Insight ▼ Bearish

A cluster of insider sales at Circle Internet Group (CRCL) totaling $29.78M over a 7-day window, led by Director Patrick Sean Neville selling $28.77M worth of shares. The sales are overwhelmingly sell-side by dollar value, with the CEO and CFO also participating, though in much smaller amounts. Given the $20.5B market cap, the total represents ~0.15% of market cap, a modest but notable level, and the cluster is amplified by the presence of multiple C-suite executives selling.

DirectionBearish
Confidencemedium
Horizonweeks
Latest settled — T+20d ⚠ clustered
CRCL ▼ -20.17% at T+20d
SHORT call ✓ call won +20.17% · α vs SPY +23.79% · entry $78.93 → $63.01
Next anchor: T+60d due 29d ago
Latest observation: T+58 -74.08% FF3 residual α
Entry anchored
Jun 9, 04:58 PM ET
via exchange tick
T+1d
+4.69%
call -4.69% · α -2.99%
$82.63
settled 4mo ago
T+5d
+1.00%
call -1.00% · α +2.43%
$79.72
settled 4mo ago
T+20d
-20.17%
call +20.17% · α +23.79%
$63.01
settled 3mo ago
T+60d
—
call — · α —
—
due 29d ago

Price Chart

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Executive Summary

A cluster of insider sales at Circle Internet Group (CRCL) totaling $29.78M over a 7-day window, led by Director Patrick Sean Neville selling $28.77M worth of shares. The sales are overwhelmingly sell-side by dollar value, with the CEO and CFO also participating, though in much smaller amounts. Given the $20.5B market cap, the total represents ~0.15% of market cap, a modest but notable level, and the cluster is amplified by the presence of multiple C-suite executives selling.

Key Financial Metrics

Direction
selling
Total Value
$29.8M
Insiders
5

Key Facts

  • Total insider sales of $29.78M over 7 days, representing ~0.15% of $20.5B market cap
  • Director Patrick Sean Neville sold 350,223 shares for $28.77M on June 8, 2026
  • CFO Jeremy Fox-Geen sold 8,120 shares for $714,560 on June 5, 2026
  • CEO Jeremy Allaire sold 110 shares for $8,702 on June 5, 2026
  • Director M. Michele Burns sold 1,666 shares for $164,534 on June 3, 2026
  • Chief Accounting Officer Tamara L. Schulz sold 1,200 shares for $122,184 on June 1, 2026
  • Neville also exercised and converted derivatives (non-cash) totaling ~5.83M shares on June 8, 2026
  • Historical performance on CRCL reports shows 0% win rate at T+20 (n=4 settled), with avg alpha -25.75%

Financial Impact

Total open-market sales of $29.78M represent ~0.15% of market cap; Director Neville's sale alone accounts for $28.77M

insider ownershipdilution

Risk Factors

  • Director Neville's large sale may signal reduced conviction or upcoming liquidity needs
  • CFO sale of $714K is notable for a finance chief
  • Historical CRCL reports have shown negative T+20 alpha (-25.75% avg), suggesting the stock may already be under pressure

Market Snapshot

Exchange
NYSE
Sector
Finance Services
Analyst Consensus
53% bullish (34 analysts)

Investment Themes

Traditional Finance

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-CRCL-1781039474450
65 reports for CRCL
Performance horizon
80% Hit rate 8 of 10 directional calls best @ T+60▲ +34.26%Feb 25, 2026
Filters
Rows
Reports for CRCL — sortable, filterable
TypeNow
Sep 10, 2026
21d ago
Insider Cluster
BEARISH ★ 5/10
$90.60 $91.78▼ −1.30%▼ −1.64%$82.42 (+9.03%)
Sep 3, 2026
29d ago
Insider Cluster
NEUTRAL ★ 3/10
$103.23 $90.60▼ −12.23%▼ −11.09%$82.42 (−20.16%)
Sep 3, 2026
29d ago
Insider Cluster
NEUTRAL ★ 3/10
$103.23 $90.60▼ −12.23%▼ −11.09%$82.42 (−20.16%)
Sep 2, 2026
29d ago
144
NEUTRAL ★ 2/10
$88.64 $90.32▲ +1.90%▲ +2.85%$82.42 (−7.02%)
Sep 2, 2026
4w ago
144
NEUTRAL ★ 2/10
$88.64 $90.32▲ +1.90%▲ +2.85%$82.42 (−7.02%)
Sep 1, 2026
4w ago
144
NEUTRAL ★ 3/10
$89.48 $92.99▲ +3.92%▲ +3.84%$82.42 (−7.89%)
Aug 24, 2026
5w ago
Insider Cluster
NEUTRAL ★ 2/10
$92.02 $89.48▼ −2.76%▼ −2.22%$82.42 (−10.43%)
Aug 21, 2026
5w ago
Insider Cluster
NEUTRAL ★ 3/10
$87.72 $95.55▲ +8.93%▲ +8.46%$82.42 (−6.04%)
Aug 21, 2026
6w ago
144
NEUTRAL ★ 3/10
$87.98 $87.14▼ −0.95%▼ −1.43%$82.42 (−6.32%)
Aug 20, 2026
6w ago
144
NEUTRAL ★ 2/10
$87.98 $87.14▼ −0.95%▼ −1.43%$82.42 (−6.32%)
Showing 10 of 65

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Report published Jun 9, 2026