On November 26, 2024, Arora Ashish, CEO and 10% Owner of Cricut Inc (CRCT, Financial), sold 78,095 shares of the company, as reported in a SEC Filing. Following this transaction, the insider now owns 3,957,038 shares of the company.
Cricut Inc (CRCT) is a creative technology company that focuses on providing tools and services for creative projects. The company offers a range of products, including cutting machines, heat presses, and other crafting tools, along with a subscription service that provides access to a library of images, fonts, and projects.
The insider transaction history for Cricut Inc shows a trend of more insider sells than buys over the past year. Specifically, there has been 1 insider buy and 16 insider sells during this period. Over the past year, Arora Ashish has sold a total of 779,824 shares and has not purchased any shares.
On the day of the recent transaction, shares of Cricut Inc were trading at $5.29, giving the stock a market cap of $1.106 billion. The company's price-earnings ratio stands at 18.43, which is lower than the industry median of 23.405 and also lower than the company’s historical median price-earnings ratio.
With a trading price of $5.29 and a GF Value of $6.68, Cricut Inc has a price-to-GF-Value ratio of 0.79, indicating that the stock is modestly undervalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples, a GuruFocus adjustment factor, and future estimates of business performance from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
