This cluster is too small in dollar terms relative to market cap to warrant a directional trade. The sales are all by directors (not C-suite) and likely reflect routine portfolio diversification. Monitor for any C-suite selling or larger-scale director sales (>$10M) before assigning bearish significance.
Price Chart
Executive Summary
Three directors at Circle Internet Group sold a total of $1.80M in shares over a 7-day window, with the largest sale ($1.20M) occurring just before the Q1 2026 earnings release. The cluster is dominated by director-level sales, not C-suite, and the total value represents only ~0.006% of the company's $30.6B market cap — a trivial amount. The earnings showed strong revenue growth (+20% YoY) but declining net income (-15% YoY), providing a mixed fundamental backdrop that does not clearly explain the sales.
Key Financial Metrics
Key Facts
- Three directors sold a combined $1.80M in shares over 7 days
- Largest sale: Director M. Michele Burns sold $1.20M on May 5, 2026
- Total sales represent ~0.006% of $30.6B market cap — immaterial
- No C-suite executives participated in the cluster
- Q1 2026 revenue grew 20% YoY to $694M, but GAAP net income fell 15% to $55M
- One non-cash transaction (director Bradley Horowitz, 53 shares at $0) included in cluster
Financial Impact
Total insider sales of $1.80M represent ~0.006% of market cap — economically trivial
Risk Factors
- Insider sales could accelerate if Q1 net income decline persists
- No C-suite buying to offset the selling signal
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-CRCL-1778705992160 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 10, 2026 21d ago | Insider Cluster | $90.60 $91.78 | ▼ −1.30% | ▼ −1.64% | $80.60 (+11.04%) |
Sep 3, 2026 29d ago | Insider Cluster | $103.23 $90.60 | ▼ −12.23% | ▼ −11.09% | $80.60 (−21.92%) |
Sep 3, 2026 29d ago | Insider Cluster | $103.23 $90.60 | ▼ −12.23% | ▼ −11.09% | $80.60 (−21.92%) |
Sep 2, 2026 4w ago | 144 | $88.64 $90.32 | ▲ +1.90% | ▲ +2.85% | $80.60 (−9.07%) |
Sep 2, 2026 4w ago | 144 | $88.64 $90.32 | ▲ +1.90% | ▲ +2.85% | $80.60 (−9.07%) |
Sep 1, 2026 4w ago | 144 | $89.48 $92.99 | ▲ +3.92% | ▲ +3.84% | $80.60 (−9.92%) |
Aug 24, 2026 5w ago | Insider Cluster | $92.02 $89.48 | ▼ −2.76% | ▼ −2.22% | $80.60 (−12.41%) |
Aug 21, 2026 5w ago | Insider Cluster | $87.72 $95.55 | ▲ +8.93% | ▲ +8.46% | $80.60 (−8.12%) |
Aug 21, 2026 6w ago | 144 | $87.98 $87.14 | ▼ −0.95% | ▼ −1.43% | $80.60 (−8.39%) |
Aug 20, 2026 6w ago | 144 | $87.98 $87.14 | ▼ −0.95% | ▼ −1.43% | $80.60 (−8.39%) |
US Market Status
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