Investment firm Rheos Capital Works Inc. increased its stake in Circle Internet Group, Inc. by 20.8% during the third quarter. The firm disclosed the move in a January 7, 2026, Form 13F filing.
Rheos purchased an additional 52,000 shares, bringing its total ownership to 302,000 shares. This stake is valued at approximately $40 million. The position now represents 2.2% of Rheos Capital’s total portfolio.
The increased institutional investment follows a mixed news cycle for Circle. Goldman Sachs recently raised its price target for CRCL stock from $79 to $88.
Conversely, the company reported insider sales in late December and early January, involving transactions by the Chief Financial Officer and Chief Product Officer. The institutional investment provides a positive signal amid the company's mixed news environment.