Cricut Inc’s recently made public that its Chief Executive Officer Ashish Arora unloaded Company’s shares for reported $27742.0 on Mar 27 ’25. In the deal valued at $5.25 per share,5,283 shares were sold. As a result of this transaction, Ashish Arora now holds 4,059,329 shares worth roughly $18.71 million.
Then, Ashish Arora sold 710 shares, generating $3,728 in total proceeds. Upon selling the shares at $5.25, the Chief Executive Officer now owns 3,264,612 shares.
Before that, Ashish Arora sold 35,203 shares. Cricut Inc shares valued at $189,191 were divested by the Chief Executive Officer at a price of $5.37 per share. As a result of the transaction, Ashish Arora now holds 3,265,322 shares, worth roughly $15.05 million.
Goldman initiated its Cricut Inc [CRCT] rating to a Neutral in a research note published on December 13, 2023; the price target was $7. A number of analysts have revised their coverage, including Citigroup’s analysts, who began to cover the stock in late August with a ‘”a Neutral”‘ rating. Robert W. Baird also remained covering CRCT and has decreased its forecast on March 09, 2022 with a “Neutral” recommendation from previously “an Outperform” rating. Barclays revised its rating on October 01, 2021. It rated CRCT as “an Underweight” which previously was an “an Equal weight”.
Price Performance Review of CRCT
On Tuesday, Cricut Inc [NASDAQ:CRCT] saw its stock fall -6.30% to $4.61. Over the last five days, the stock has lost -11.69%. Cricut Inc shares have fallen nearly -19.12% since the year began. Nevertheless, the stocks have fallen -0.24% over the past one year. While a 52-week high of $7.79 was reached on 02/21/25, a 52-week low of $4.50 was recorded on 04/08/25. SMA at 50 days reached $5.44, while 200 days put it at $5.84.
Levels Of Support And Resistance For CRCT Stock
The 24-hour chart illustrates a support level at 4.45, which if violated will result in even more drops to 4.28. On the upside, there is a resistance level at 4.86. A further resistance level may holdings at 5.10. The Relative Strength Index (RSI) on the 14-day chart is 31.09, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.32, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.79%. Stochastics %K at 22.24% indicates the stock is a holding.
How much short interest is there in Cricut Inc?
A steep rise in short interest was recorded in Cricut Inc stocks on 2025-03-14, growing by 0.27 million shares to a total of 4.31 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 4.05 million shares. There was a rise of 6.16%, which implies that there is a positive sentiment for the stock.
