CricutCRCT
Market Cap: $1.22B
About: 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 the Connected machines engaged in the sale of its connected machine hardware and related essential software, the Subscriptions segment provides monthly and annual subscription fees, and the Accessories and Materials segment provides craft, DIY, home decor products and heat presses including the Cricut EasyPress, Cricut Mug Press, and Cricut Autopress.
Employees: 620
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
70% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 27
33% more call options, than puts
Call options by funds: $287K | Put options by funds: $215K
19% more capital invested
Capital invested by funds: $115M [Q1] → $138M (+$22.4M) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]
3% less funds holding
Funds holding: 111 [Q1] → 108 (-3) [Q2]
3.2% less ownership
Funds ownership: 47.94% [Q1] → 44.74% (-3.2%) [Q2]
12% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 26
Research analyst outlook
We haven’t received any recent analyst ratings for CRCT.