Key Points
- CEO Arora Ashish sold 10,628 shares on Nov. 24 at an average price of $4.77, leaving him with 4,419,813 shares (≈$21.08M) and trimming his stake by 0.24%; this transaction is part of a string of recent insider sales totaling several hundred thousand dollars.
- Shares trade around $4.84 (50‑day $5.43; 200‑day $5.79) with a 52‑week range of $3.94–$7.33 and a market cap near $1.02B, and analysts hold a consensus “Strong Sell” rating with an average target of $4.18.
- Cricut beat the latest quarterly estimates with $0.10 EPS (vs. $0.05 est.) and $170.44M revenue, and declared a $0.10 per‑share dividend payable Jan. 20 (ex‑dividend Jan. 6).
Cricut, Inc. (NASDAQ:CRCT - Get Free Report) CEO Arora Ashish sold 10,628 shares of the stock in a transaction dated Monday, November 24th. The stock was sold at an average price of $4.77, for a total transaction of $50,695.56. Following the completion of the transaction, the chief executive officer owned 4,419,813 shares of the company's stock, valued at approximately $21,082,508.01. The trade was a 0.24% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
Arora Ashish also recently made the following trade(s):
- On Tuesday, November 25th, Arora Ashish sold 33,561 shares of Cricut stock. The stock was sold at an average price of $4.82, for a total transaction of $161,764.02.
- On Friday, November 21st, Arora Ashish sold 60,000 shares of Cricut stock. The stock was sold at an average price of $4.83, for a total transaction of $289,800.00.
- On Friday, October 17th, Arora Ashish sold 17,204 shares of Cricut stock. The shares were sold at an average price of $5.27, for a total transaction of $90,665.08.
- On Thursday, October 16th, Arora Ashish sold 11,211 shares of Cricut stock. The shares were sold at an average price of $5.27, for a total value of $59,081.97.
- On Wednesday, October 15th, Arora Ashish sold 21,250 shares of Cricut stock. The stock was sold at an average price of $5.47, for a total value of $116,237.50.
- On Wednesday, October 8th, Arora Ashish sold 21,250 shares of Cricut stock. The shares were sold at an average price of $5.66, for a total value of $120,275.00.
- On Monday, October 6th, Arora Ashish sold 21,250 shares of Cricut stock. The stock was sold at an average price of $5.81, for a total value of $123,462.50.
- On Thursday, September 25th, Arora Ashish sold 21,250 shares of Cricut stock. The stock was sold at an average price of $6.42, for a total transaction of $136,425.00.
- On Tuesday, September 23rd, Arora Ashish sold 21,250 shares of Cricut stock. The shares were sold at an average price of $6.77, for a total transaction of $143,862.50.
- On Thursday, September 11th, Arora Ashish sold 21,250 shares of Cricut stock. The stock was sold at an average price of $6.36, for a total transaction of $135,150.00.
Cricut Stock Performance
Shares of NASDAQ CRCT opened at $4.84 on Wednesday. The firm's 50 day moving average price is $5.43 and its 200-day moving average price is $5.79. Cricut, Inc. has a 52-week low of $3.94 and a 52-week high of $7.33. The company has a market cap of $1.02 billion, a PE ratio of 12.74 and a beta of 0.17.
Cricut (NASDAQ:CRCT - Get Free Report) last announced its quarterly earnings results on Wednesday, November 5th. The company reported $0.10 earnings per share for the quarter, beating the consensus estimate of $0.05 by $0.05. Cricut had a net margin of 11.31% and a return on equity of 19.91%. The company had revenue of $170.44 million during the quarter, compared to the consensus estimate of $156.93 million. On average, analysts forecast that Cricut, Inc. will post 0.28 earnings per share for the current fiscal year.
Cricut Dividend Announcement
The firm also recently disclosed a dividend, which will be paid on Tuesday, January 20th. Investors of record on Tuesday, January 6th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Tuesday, January 6th. This represents a dividend yield of 399.0%. Cricut's dividend payout ratio (DPR) is 52.63%.
Analyst Upgrades and Downgrades
A number of equities analysts have weighed in on the company. Wall Street Zen raised Cricut from a "hold" rating to a "buy" rating in a research report on Saturday, November 15th. The Goldman Sachs Group lowered shares of Cricut from a "neutral" rating to a "sell" rating and reduced their price target for the stock from $5.50 to $4.75 in a research note on Thursday, October 16th. Finally, Weiss Ratings restated a "hold (c-)" rating on shares of Cricut in a research report on Wednesday, November 19th. One investment analyst has rated the stock with a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Strong Sell" and an average target price of $4.18.
View Our Latest Research Report on CRCT
Institutional Investors Weigh In On Cricut
Hedge funds and other institutional investors have recently made changes to their positions in the business. Osaic Holdings Inc. boosted its holdings in shares of Cricut by 255.9% in the second quarter. Osaic Holdings Inc. now owns 3,644 shares of the company's stock worth $25,000 after buying an additional 2,620 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in Cricut in the third quarter worth approximately $68,000. Olympiad Research LP purchased a new position in shares of Cricut during the 3rd quarter worth $74,000. Mitsubishi UFJ Trust & Banking Corp purchased a new position in shares of Cricut during the 3rd quarter worth $75,000. Finally, RFG Advisory LLC bought a new stake in shares of Cricut during the 3rd quarter valued at $75,000. Hedge funds and other institutional investors own 19.60% of the company's stock.
Cricut Company Profile
(
Get Free Report)
Cricut, Inc engages in the design, marketing, and distribution of a creativity platform that enables users to turn ideas into professional-looking handmade goods. It operates through three segments: Connected Machines, Subscriptions, and Accessories and Materials. The company offers connected machines, design apps, and accessories and materials for users to create personalized birthday cards, mugs, T-shirts, and large-scale interior decorations.
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