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

Posted by Danessa Lincoln on Oct 6th, 2026

Cricut, Inc. (NASDAQ:CRCT – Get Free Report) CEO Ashish Arora sold 60,000 shares of Cricut stock in a transaction that occurred on Monday, October 5th. The stock was sold at an average price of $6.43, for a total value of $385,800.00. Following the completion of the transaction, the chief executive officer directly owned 5,088,740 shares in the company, valued at approximately $32,720,598.20. This represents a 1.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

On Thursday, October 1st, Ashish Arora sold 60,000 shares of Cricut stock. The shares were sold at an average price of $6.50, for a total transaction of $390,000.00.
On Thursday, September 17th, Ashish Arora sold 60,000 shares of Cricut stock. The stock was sold at an average price of $5.68, for a total transaction of $340,800.00.
On Tuesday, September 15th, Ashish Arora sold 60,000 shares of Cricut stock. The stock was sold at an average price of $5.62, for a total value of $337,200.00.
On Friday, September 4th, Ashish Arora sold 60,000 shares of Cricut stock. The stock was sold at an average price of $5.61, for a total transaction of $336,600.00.
On Wednesday, September 2nd, Ashish Arora sold 60,000 shares of Cricut stock. The shares were sold at an average price of $5.79, for a total value of $347,400.00.
On Wednesday, August 19th, Ashish Arora sold 60,000 shares of Cricut stock. The stock was sold at an average price of $5.48, for a total value of $328,800.00.
On Monday, August 17th, Ashish Arora sold 60,000 shares of Cricut stock. The stock was sold at an average price of $5.60, for a total transaction of $336,000.00.
On Wednesday, August 5th, Ashish Arora sold 60,000 shares of Cricut stock. The shares were sold at an average price of $5.98, for a total transaction of $358,800.00.
On Monday, August 3rd, Ashish Arora sold 60,000 shares of Cricut stock. The stock was sold at an average price of $4.77, for a total value of $286,200.00.

Cricut Stock Performance

Cricut stock traded down $0.05 during midday trading on Monday, reaching $6.47. 617,212 shares of the stock were exchanged, compared to its average volume of 632,377. The firm has a market cap of $1.36 billion, a PE ratio of 15.05 and a beta of 0.25. Cricut, Inc. has a 52 week low of $3.73 and a 52 week high of $6.66. The company’s fifty day moving average is $5.70 and its 200-day moving average is $4.78.

Cricut (NASDAQ:CRCT – Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The company reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.06 by $0.13. The company had revenue of $156.28 million during the quarter, compared to analyst estimates of $159.95 million. Cricut had a return on equity of 24.57% and a net margin of 12.71%. On average, sell-side analysts anticipate that Cricut, Inc. will post 0.32 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have commented on CRCT. The Goldman Sachs Group started coverage on shares of Cricut in a research report on Wednesday, August 19th. They set a “sell” rating and a $4.50 price target on the stock. Weiss Ratings upgraded shares of Cricut from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, August 6th. Morgan Stanley reissued an “underweight” rating and issued a $3.70 price target on shares of Cricut in a research report on Wednesday, August 5th. Finally, Zacks Research raised Cricut from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Reduce” and an average price target of $4.07.

Check Out Our Latest Research Report on Cricut

Institutional Investors Weigh In On Cricut

Hedge funds have recently bought and sold shares of the business. Dimensional Fund Advisors LP increased its stake in shares of Cricut by 30.4% during the first quarter. Dimensional Fund Advisors LP now owns 985,868 shares of the company’s stock valued at $3,687,000 after buying an additional 229,663 shares during the period. Bank of New York Mellon Corp acquired a new stake in shares of Cricut in the second quarter worth $2,409,000. AXQ Capital LP acquired a new stake in Cricut during the 2nd quarter worth about $74,000. Public Employees Retirement System of Ohio acquired a new stake in Cricut during the second quarter worth about $355,000. Finally, Bank of America Corp DE increased its holdings in shares of Cricut by 124.4% during the 1st quarter. Bank of America Corp DE now owns 116,790 shares of the company’s stock valued at $437,000 after purchasing an additional 64,737 shares in the last quarter. Hedge funds and other institutional investors own 19.60% of the company’s stock.

About Cricut

(Get Free Report)

Cricut, Inc develops and sells digital crafting technology that enables users to design, make and personalize projects. Its ecosystem includes connected cutting, heat-press, engraving and other crafting machines, along with the company’s Design Space software, which allows users to create projects, prepare designs and operate compatible devices.

The company also offers a broad selection of consumable materials and accessories, including vinyl, iron-on materials, paper, specialty fabrics, cutting tools, replacement components and related crafting supplies.