Circle President Heath Tarbert defended the company’s long-term strategy after its stock price dropped from $260 to $62. Tarbert stated that Circle is building financial infrastructure for the internet to drive future valuation. Mizuho recently downgraded the stock and lowered its price target due to margin compression.
SEC filings show Tarbert sold nearly $31 million in CRCL shares. These sales began following the company's market debut in June 2025. The total amount was liquidated across ten separate transactions. Most trades followed a pre-set Rule 10b5-1 trading plan to avoid insider trading allegations.