6 days Ago By Defense World Staff
Vanguard Group Inc. reduced its holdings in shares of Cricut, Inc. ( NASDAQ:CRCT – Free Report ) by 0.
8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,843,243 shares of the company’s stock after selling 37,157 shares during the quarter. Vanguard Group Inc.
owned 2.26% of Cricut worth $27,606,000 at the end of the most recent reporting period. A number of other institutional investors and hedge funds have also bought and sold shares of CRCT.
Bank of New York Mellon Corp increased its holdings in Cricut by 175.0% during the fourth quarter. Bank of New York Mellon Corp now owns 476,540 shares of the company’s stock worth $2,716,000 after buying an additional 303,236 shares during the last quarter.
American Century Companies Inc. increased its stake in shares of Cricut by 25.8% during the 4th quarter.
American Century Companies Inc. now owns 1,190,019 shares of the company’s stock worth $6,783,000 after purchasing an additional 244,058 shares during the last quarter. Teacher Retirement System of Texas bought a new stake in shares of Cricut in the 4th quarter worth approximately $1,029,000.
JPMorgan Chase & Co. lifted its stake in Cricut by 296.2% in the third quarter.
JPMorgan Chase & Co. now owns 185,098 shares of the company’s stock valued at $1,283,000 after purchasing an additional 138,385 shares during the last quarter. Finally, Barclays PLC grew its holdings in Cricut by 366.
6% during the third quarter. Barclays PLC now owns 76,440 shares of the company’s stock valued at $529,000 after purchasing an additional 60,058 shares during the period. 19.
60% of the stock is owned by hedge funds and other institutional investors. Analyst Ratings Changes CRCT has been the topic of several recent research reports. Citigroup restated a “sell” rating and set a $4.
00 target price (down previously from $6.00) on shares of Cricut in a research report on Monday. Morgan Stanley cut their target price on Cricut from $3.
90 to $3.80 and set an “underweight” rating for the company in a research note on Thursday, March 6th. Insider Buying and Selling at Cricut In other news, CEO Arora Ashish sold 21,250 shares of the company’s stock in a transaction on Tuesday, January 21st.
The shares were sold at an average price of $5.75, for a total transaction of $122,187.50.
Following the completion of the sale, the chief executive officer now owns 3,695,840 shares of the company’s stock, valued at $21,251,080. This represents a 0.57 % decrease in their ownership of the stock.
The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink . In the last quarter, insiders have sold 270,009 shares of company stock worth $1,519,869. 18.
02% of the stock is owned by corporate insiders. Cricut Stock Performance Shares of Cricut stock opened at $4.80 on Tuesday.
Cricut, Inc. has a one year low of $4.53 and a one year high of $8.
40. The stock has a market cap of $1.02 billion, a P/E ratio of 17.
14 and a beta of -0.02. The stock’s fifty day moving average is $5.
38 and its 200 day moving average is $5.73. Cricut ( NASDAQ:CRCT – Get Free Report ) last posted its quarterly earnings data on Tuesday, March 4th.
The company reported $0.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.04 by $0.
02. Cricut had a return on equity of 12.36% and a net margin of 8.
47%. The business had revenue of $209.31 million during the quarter, compared to analyst estimates of $214.
41 million. Analysts predict that Cricut, Inc. will post 0.
28 EPS for the current year. About Cricut ( 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. Read More Five stocks we like better than Cricut What Does Downgrade Mean in Investing? Why NVIDIA Stock Could Soar Despite Wall Street Downgrades How Can Retail Investors Trade the Toronto Stock Exchange (TSX)? Top 3 Large Cap Stocks Insiders Bought in Q1: Buy, Sell, or Hold Insider Buying Explained: What Investors Need to Know 3 Hot New IPOs Defying the 2025 Market Slump Want to see what other hedge funds are holding CRCT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cricut, Inc.
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