Cricut, Inc. (NASDAQ:CRCT – Get Unfastened Record) insider Ryan Harmer bought 20,000 stocks of the inventory in a transaction that passed off on Tuesday, August twenty ninth. The stocks have been bought at a median fee of $9.51, for a complete transaction of $190,200.00. Following the transaction, the insider now owns 246,126 stocks within the corporate, valued at $2,340,658.26. The sale was once disclosed in a record filed with the Securities & Alternate Fee, which is to be had thru this link.

Ryan Harmer additionally not too long ago made the next business(s):

• On Friday, August eleventh, Ryan Harmer bought 1,107 stocks of Cricut inventory. The inventory was once bought at a median fee of $10.40, for a complete transaction of $11,512.80.

Cricut Buying and selling Down 1.3 %

Stocks of NASDAQ:CRCT opened at $9.46 on Friday. The corporate has a 50-day transferring moderate fee of $11.53 and a 200-day transferring moderate fee of $10.72. The corporate has a marketplace cap of $2.08 billion, a price-to-earnings ratio of 43.00 and a beta of 0.31. Cricut, Inc. has a 12 month low of $6.02 and a 12 month top of $17.89.

Cricut (NASDAQ:CRCT – Get Unfastened Record) ultimate introduced its quarterly revenue effects on Tuesday, August eighth. The corporate reported $0.07 revenue according to proportion (EPS) for the quarter, beating analysts’ consensus estimates of $0.06 by means of $0.01. Cricut had a go back on fairness of seven.48% and a internet margin of five.93%. The corporate had earnings of $177.80 million for the quarter, in comparison to the consensus estimate of $175.00 million. All the way through the similar quarter within the earlier 12 months, the trade earned $0.06 EPS. Cricut’s earnings was once down 3.2% in comparison to the similar quarter ultimate 12 months. As a bunch, analysis analysts forecast that Cricut, Inc. will submit 0.26 EPS for the present fiscal 12 months.

Cricut Will increase Dividend

The company additionally not too long ago declared a dividend, which was once paid on Monday, July seventeenth. Traders of document on Monday, July third have been paid a $1.00 dividend. This can be a sure trade from Cricut’s earlier dividend of $0.35. The ex-dividend date of this dividend was once Friday, June thirtieth.

Analyst Upgrades and Downgrades

Plenty of equities analysis analysts have not too long ago weighed in at the corporate. Barclays diminished their goal fee on Cricut from $7.00 to $6.00 in a analysis word on Thursday, Would possibly eleventh. Citigroup began protection on Cricut in a analysis word on Monday. They set a “impartial” ranking and a $10.50 fee purpose for the corporate.

Take a look at Out Our Newest Analysis Record on CRCT

Institutional Inflows and Outflows

Institutional buyers have not too long ago added to or lowered their stakes within the inventory. Abdiel Capital Advisors LP higher its place in stocks of Cricut by means of 2.3% all through the fourth quarter. Abdiel Capital Advisors LP now owns 14,886,303 stocks of the corporate’s inventory valued at $137,996,000 after purchasing an extra 337,869 stocks all through the duration. BlackRock Inc. grew its holdings in stocks of Cricut by means of 426.3% all through the second quarter. BlackRock Inc. now owns 3,046,653 stocks of the corporate’s inventory value $37,169,000 after obtaining an extra 2,467,826 stocks all through the duration. Morgan Stanley raised its place in stocks of Cricut by means of 27.3% within the 4th quarter. Morgan Stanley now owns 2,912,115 stocks of the corporate’s inventory value $26,995,000 after obtaining an extra 625,151 stocks within the ultimate quarter. Forefront Crew Inc. boosted its place in stocks of Cricut by means of 8.4% all through the 3rd quarter. Forefront Crew Inc. now owns 2,469,975 stocks of the corporate’s inventory valued at $22,872,000 after buying an extra 190,428 stocks within the ultimate quarter. In the end, Geode Capital Control LLC grew its stake in Cricut by means of 128.4% in the second one quarter. Geode Capital Control LLC now owns 908,932 stocks of the corporate’s inventory value $11,089,000 after buying an extra 510,930 stocks all through the duration. 19.60% of the inventory is lately owned by means of institutional buyers.

About Cricut

(Get Unfastened Record)

Cricut, Inc engages within the design and advertising of a creativity platform that permits customers to show concepts into professional-looking hand-crafted items. It operates in 3 segments: Attached Machines, Subscriptions, and Equipment and Fabrics. The corporate provides attached machines, design apps, and equipment and fabrics for customers to create personalised birthday playing cards, mugs, T-shirts, and large-scale inside decorations.

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