CRCT - Cricut EVP Trades Company's Stock | Benzinga
Don Olsen, EVP at Cricut (NASDAQ:CRCT), disclosed an insider sell on November 30, according to a recent SEC filing.
What Happened: According to a Form 4 filing with the U.S. Securities and Exchange Commission on Thursday, Olsen sold 15,000 shares of Cricut. The total transaction value is $104,407.
Monitoring the market, Cricut's shares down by 0.0% at $6.9 during Friday's morning.
Discovering Cricut: A Closer Look
Cricut Inc designs and builds a creativity platform that enables users to turn ideas into professional-looking handmade goods. With its connected machines, design apps and accessories, and materials, the users create everything from personalized birthday cards, mugs, and T-shirts to large-scale interior decorations. It derives revenues from three segments including Connected machines, Subscriptions, and Accessories and materials. It derives maximum revenue from the Accessories and Materials segment through the sales of Cricut EasyPress, hand tools, machine replacement tools and blades, project materials such as vinyl and iron-on, and sales of a la carte digital content purchases, including fonts, images, and projects.
Unraveling the Financial Story of Cricut
Negative Revenue Trend: Examining Cricut's financials over 3 months reveals challenges. As of 30 September, 2023, the company ...