Cricut (NASDAQ:CRCT) CEO Arora Ashish Sells 60,000 Shares

March 5, 2026 by InsiderTrades.com

Key Points

CEO Arora Ashish sold 60,000 shares on March 2 at $4.28 for $256,800 and has sold multiple blocks in recent months, cutting his stake by 1.58% to 3,738,453 shares (≈$16.0M).
Cricut's Q4 results showed EPS of $0.04 (in line with estimates) and revenue of $203.6M (slightly above expectations); the company reported FY2025 net income of $76.7M (10.8% margin) while the stock trades around $4.39 with a market cap near $930M.
Wall Street sentiment is negative: the consensus rating is "Strong Sell" with a $3.70 price target and multiple downgrades, including Goldman Sachs cutting its target to $3.00 and assigning a sell rating.

Cricut, Inc. (NASDAQ:CRCT - Get Free Report) CEO Arora Ashish sold 60,000 shares of Cricut stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $4.28, for a total value of $256,800.00. Following the sale, the chief executive officer directly owned 3,738,453 shares of the company's stock, valued at approximately $16,000,578.84. The trade was a 1.58% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Can Cricut Stock Jump Higher In 2023?

Arora Ashish also recently made the following trade(s):

On Tuesday, March 3rd, Arora Ashish sold 13,458 shares of Cricut stock. The shares were sold at an average price of $4.25, for a total value of $57,196.50.
On Monday, February 23rd, Arora Ashish sold 60,000 shares of Cricut stock. The stock was sold at an average price of $4.42, for a total value of $265,200.00.
On Thursday, February 19th, Arora Ashish sold 60,000 shares of Cricut stock. The stock was sold at an average price of $4.65, for a total value of $279,000.00.
On Wednesday, January 7th, Arora Ashish sold 20,833 shares of Cricut stock. The shares were sold at an average price of $4.93, for a total transaction of $102,706.69.
On Monday, January 5th, Arora Ashish sold 20,833 shares of Cricut stock. The stock was sold at an average price of $4.97, for a total transaction of $103,540.01.
On Wednesday, December 24th, Arora Ashish sold 20,833 shares of Cricut stock. The stock was sold at an average price of $4.94, for a total transaction of $102,915.02.
On Monday, December 22nd, Arora Ashish sold 20,833 shares of Cricut stock. The shares were sold at an average price of $5.12, for a total transaction of $106,664.96.
On Tuesday, December 9th, Arora Ashish sold 20,833 shares of Cricut stock. The stock was sold at an average price of $5.09, for a total transaction of $106,039.97.
On Monday, December 8th, Arora Ashish sold 21,294 shares of Cricut stock. The shares were sold at an average price of $4.97, for a total transaction of $105,831.18.

Cricut Stock Performance

Shares of CRCT stock traded down $0.13 during trading on Thursday, hitting $4.39. The company had a trading volume of 69,983 shares, compared to its average volume of 558,303. The firm has a market capitalization of $929.54 million, a P/E ratio of 12.19 and a beta of 0.17. Cricut, Inc. has a one year low of $3.94 and a one year high of $7.33. The stock's 50-day moving average price is $4.60 and its 200 day moving average price is $5.17.

Cricut Fails To Impress The Market And Shares Go On Sale

Cricut (NASDAQ:CRCT - Get Free Report) last announced its quarterly earnings data on Tuesday, March 3rd. The company reported $0.04 earnings per share for the quarter, meeting the consensus estimate of $0.04. The firm had revenue of $203.60 million during the quarter, compared to analysts' expectations of $202.22 million. Cricut had a return on equity of 19.88% and a net margin of 10.82%. On average, research analysts anticipate that Cricut, Inc. will post 0.28 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Cricut

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Millennium Management LLC grew its stake in shares of Cricut by 374.5% during the fourth quarter. Millennium Management LLC now owns 982,343 shares of the company's stock worth $4,863,000 after buying an additional 775,330 shares during the last quarter. Algert Global LLC boosted its holdings in shares of Cricut by 354.9% during the 3rd quarter. Algert Global LLC now owns 615,697 shares of the company's stock valued at $3,873,000 after acquiring an additional 480,364 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Cricut by 51.4% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,379,155 shares of the company's stock valued at $8,675,000 after acquiring an additional 467,934 shares in the last quarter. Jacobs Levy Equity Management Inc. grew its position in Cricut by 76.6% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 906,141 shares of the company's stock worth $5,700,000 after acquiring an additional 392,951 shares during the last quarter. Finally, Tudor Investment Corp ET AL increased its holdings in Cricut by 824.0% in the 3rd quarter. Tudor Investment Corp ET AL now owns 358,213 shares of the company's stock worth $2,253,000 after purchasing an additional 319,447 shares in the last quarter. Institutional investors own 19.60% of the company's stock.

Cricut News Roundup

Cricut Crafted Another Great Quarter

Here are the key news stories impacting Cricut this week:

Positive Sentiment: Company reported solid profitability for fiscal 2025: ninth consecutive year of profitability with net income of $76.7M and a 10.8% margin — supports valuation and cash-generation thesis. Cricut, Inc. Reports Fourth Quarter and Full Year 2025 Financial Results
Positive Sentiment: Platform revenue grew ~6% year-over-year and management outlined an accelerated product launch cadence plus a "bundle-first" go-to-market approach, which could drive higher attach rates and recurring platform spend over time. Cricut outlines accelerated product launches and bundle-first strategy as platform revenue rises 6% year-on-year
Neutral Sentiment: Q4 results were mixed: EPS matched consensus at $0.04 and revenue of $203.6M modestly beat estimates, but EPS is down from $0.06 a year ago — indicates recovery in profitability but soft top-line momentum. Cricut issued its quarterly earnings results
Neutral Sentiment: Management reiterated strategy and spoke with investors at the Morgan Stanley TMT conference; investor outreach helps visibility but didn't materially change near-term guidance. Cricut Presents at Morgan Stanley TMT Conference 2026 Transcript
Negative Sentiment: Insider selling: CEO Arora sold blocks of shares (60,000 and 13,458 shares) in early March — visible insider sales can weigh on investor sentiment even if filings say holdings remain large. SEC Form 4 - CEO Insider Sales
Neutral Sentiment: Short-interest data published alongside these items appears inconsistent/zeroed out (likely a reporting artifact); current reported short-interest doesn't offer a clear signal. Market data / short interest

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on CRCT. Weiss Ratings downgraded shares of Cricut from a "hold (c-)" rating to a "sell (d+)" rating in a research note on Tuesday, January 27th. Wall Street Zen downgraded shares of Cricut from a "buy" rating to a "hold" rating in a report on Saturday, November 29th. The Goldman Sachs Group decreased their price objective on shares of Cricut from $3.50 to $3.00 and set a "sell" rating on the stock in a research note on Wednesday, January 14th. Barclays restated an "underweight" rating and set a $4.00 target price on shares of Cricut in a research note on Wednesday. Finally, UBS Group reaffirmed a "cautious" rating on shares of Cricut in a report on Wednesday. Six research analysts have rated the stock with a Sell rating, According to MarketBeat.com, the stock has a consensus rating of "Strong Sell" and a consensus price target of $3.70.

Check Out Our Latest Stock Report on Cricut

Cricut Company Profile

(Get Free Report)

Cricut, Inc (NASDAQ: CRCT) is a U.S.-based technology company specializing in personal and small-business crafting solutions. The company designs and markets a family of cutting machines that leverage computer-aided design to precisely cut a wide range of materials, including paper, vinyl, fabric and leather. Complementing its hardware offerings, Cricut provides proprietary software and mobile applications that enable users to create custom artwork, import graphics and access a vast library of pre-designed projects and fonts through a subscription service.

Founded as a division of Provo Craft & Novelty in 2005, Cricut emerged as an independent public company in March 2021.