On December 20, 2024, Arora Ashish, CEO and 10% Owner of Cricut Inc (CRCT, Financial), sold 63,750 shares of the company, according to a SEC Filing. Following this transaction, the insider now owns 3,780,840 shares of the company.
Cricut Inc (CRCT) is a creative technology company that provides a platform for consumers to design and create personalized products. The company's products include cutting machines, heat presses, and other tools that enable users to create custom designs on a variety of materials.
The insider transaction history for Cricut Inc shows that there have been 0 insider buys in total over the past year. Meanwhile, there have been 16 insider sells over the same timeframe. Over the past year, Arora Ashish has sold 956,022 shares in total and purchased 0 shares in total.
Shares of Cricut Inc were trading for $6.09 apiece on the day of Arora Ashish’s recent sale. This gives the stock a market cap of $1.271 billion. The price-earnings ratio is 21.18, which is lower than the industry median of 23.66 and lower than the company’s historical median price-earnings ratio.
With a price of $6.09 and a GuruFocus Value of $6.66, Cricut Inc has a price-to-GF-Value ratio of 0.91. This means the stock is modestly undervalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus that is calculated based on the following three factors:
- Historical multiples (price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow) that the stock has traded at.
- A GuruFocus adjustment factor based on the company’s past returns and growth.
- 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.
