Arora Ashish Sells 21,250 Shares of Cricut, Inc. (NASDAQ:CRCT) Stock

Posted by Alanna Baker on Feb 5th, 2025

Cricut, Inc. (NASDAQ:CRCT – Get Free Report) CEO Arora Ashish sold 21,250 shares of Cricut stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $5.27, for a total value of $111,987.50. Following the transaction, the chief executive officer now owns 3,672,877 shares in the company, valued at approximately $19,356,061.79. This represents a 0.58 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

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

On Wednesday, February 5th, Arora Ashish sold 21,250 shares of Cricut stock. The shares were sold at an average price of $5.66, for a total transaction of $120,275.00.
On Thursday, January 23rd, Arora Ashish sold 21,250 shares of Cricut stock. The stock was sold at an average price of $5.86, for a total transaction of $124,525.00.
On Tuesday, January 21st, Arora Ashish sold 21,250 shares of Cricut stock. The shares were sold at an average price of $5.75, for a total value of $122,187.50.
On Wednesday, January 8th, Arora Ashish sold 21,250 shares of Cricut stock. The stock was sold at an average price of $5.63, for a total value of $119,637.50.
On Monday, January 6th, Arora Ashish sold 21,250 shares of Cricut stock. The stock was sold at an average price of $5.93, for a total value of $126,012.50.
On Friday, December 20th, Arora Ashish sold 21,250 shares of Cricut stock. The shares were sold at an average price of $5.94, for a total transaction of $126,225.00.
On Wednesday, December 18th, Arora Ashish sold 21,250 shares of Cricut stock. The stock was sold at an average price of $6.31, for a total transaction of $134,087.50.
On Wednesday, December 11th, Arora Ashish sold 21,250 shares of Cricut stock. The stock was sold at an average price of $6.00, for a total transaction of $127,500.00.
On Monday, December 9th, Arora Ashish sold 60,000 shares of Cricut stock. The stock was sold at an average price of $5.87, for a total value of $352,200.00.
On Monday, November 25th, Arora Ashish sold 54,839 shares of Cricut stock. The shares were sold at an average price of $5.29, for a total value of $290,098.31.

Cricut Trading Up 3.4 %

NASDAQ:CRCT traded up $0.19 during mid-day trading on Wednesday, hitting $5.71. The stock had a trading volume of 211,132 shares, compared to its average volume of 262,693. Cricut, Inc. has a twelve month low of $4.43 and a twelve month high of $8.40. The stock has a 50-day simple moving average of $5.73 and a two-hundred day simple moving average of $5.96. The company has a market capitalization of $1.22 billion, a PE ratio of 20.39 and a beta of -0.02.

Cricut (NASDAQ:CRCT – Get Free Report) last released its quarterly earnings data on Tuesday, November 5th. The company reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by ($0.02). The firm had revenue of $167.89 million for the quarter, compared to analysts’ expectations of $165.35 million. Cricut had a return on equity of 12.36% and a net margin of 8.47%. During the same period last year, the firm posted $0.08 earnings per share. Sell-side analysts predict that Cricut, Inc. will post 0.28 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group dropped their price target on shares of Cricut from $6.50 to $5.75 and set a “neutral” rating for the company in a research note on Wednesday, November 6th.

Read Our Latest Stock Analysis on Cricut

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in CRCT. Exchange Traded Concepts LLC increased its position in shares of Cricut by 4.9% during the fourth quarter. Exchange Traded Concepts LLC now owns 49,055 shares of the company’s stock worth $280,000 after purchasing an additional 2,272 shares in the last quarter. CWM LLC grew its stake in Cricut by 23.9% during the 3rd quarter. CWM LLC now owns 12,026 shares of the company’s stock worth $83,000 after buying an additional 2,322 shares during the last quarter. SG Americas Securities LLC increased its position in Cricut by 26.3% during the fourth quarter. SG Americas Securities LLC now owns 21,518 shares of the company’s stock worth $123,000 after buying an additional 4,484 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Cricut by 6.9% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 87,528 shares of the company’s stock valued at $607,000 after buying an additional 5,613 shares during the last quarter. Finally, R Squared Ltd acquired a new stake in shares of Cricut in the fourth quarter valued at approximately $36,000. 19.60% of the stock is owned by institutional investors and hedge funds.

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.