Circle internet group CEO Jeremy Allaire sells $5.2m in Class A shares

Circle Internet Group CEO Jeremy Allaire sold $5.2 million worth of Class A shares on October 5, 2026, under a pre-arranged 10b5-1 trading plan. The stock trading at $80.84, below his sale prices, suggests the company may be undervalued according to InvestingPro data. Allaire directly disposed of 56,200 shares, with an additional 6,064 shares sold through four trusts.

Following the sales, Allaire directly holds 277,560 shares, including those to be issued from restricted stock units. He disclaims beneficial ownership of his trust-held shares, except for his interest in the Class B common stock. Circle Internet Group is currently experiencing a 46% decline in shares over the past year, but has seen strong returns in the last three months.

The company has been the subject of recent analyst updates, with Tiger Securities raising its price target to $115 and Susquehanna maintaining a Neutral rating with a $92 target.