Cricut (CRCT)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	142.38 mm	142.38 mm	142.38 mm	142.38 mm	142.38 mm	142.38 mm
Cash burn (monthly)	17.73 mm	(no burn)	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	71.29 mm	n/a	n/a	n/a	n/a	n/a
Cash remaining	71.08 mm	n/a	n/a	n/a	n/a	n/a
Runway (months of cash)	4.0	n/a	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from Cricut earnings reports.

Institutional ownership, Q3 2024

CRCT institutional ownership history Ownership history

68.8% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	123	110	+11.8%
Opened positions	30	24	+25.0%
Closed positions	17	26	-34.6%
Increased positions	40	44	-9.1%
Reduced positions	34	27	+25.9%

13F shares	Current	Prev Q	Change
Total value	150.88 bn	126.83 bn	+19.0%
Total shares	147.47 mm	23.13 mm	+537.5%
Total puts	9.00 k	35.30 k	-74.5%
Total calls	4.10 k	46.50 k	-91.2%
Total put/call ratio	2.2	0.8	+189.2%

Largest owners	Shares	Value	Change
Petrus Trust Company, LTA	124.64 mm	$842.60 mm	NEW
Vanguard	4.88 mm	$33.82 bn	+9.1%
BlackRock	3.48 mm	$24.12 bn	NEW
Tenzing Global Management	2.15 mm	$14.90 bn	+4.9%
Geode Capital Management	1.08 mm	$7.49 bn	+0.9%
STT State Street	1.02 mm	$7.06 bn	+3.2%
American Century Companies	945.96 k	$6.56 bn	+108.8%
Arrowstreet Capital, Limited Partnership	872.58 k	$6.05 bn	+8.1%
Renaissance Technologies	553.53 k	$3.84 bn	+43.4%
Aqr Capital Management	479.24 k	$3.32 bn	-37.4%

Largest transactions	Shares	Bought/sold	Change
Petrus Trust Company, LTA	124.64 mm	+124.64 mm	NEW
BlackRock	3.48 mm	+3.48 mm	NEW
BLK BlackRock	0.00	-3.28 mm	EXIT
MS Morgan Stanley	463.25 k	-1.58 mm	-77.3%
American Century Companies	945.96 k	+492.95 k	+108.8%
Vanguard	4.88 mm	+408.31 k	+9.1%
Aqr Capital Management	479.24 k	-286.23 k	-37.4%
Millennium Management	472.12 k	-253.50 k	-34.9%
First Trust Advisors	172.91 k	+172.91 k	NEW
Renaissance Technologies	553.53 k	+167.43 k	+43.4%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

CRCT insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	#Shares	#Remaining
21 Jan 25	Donald B. Olsen	Class A Common Stock	Grant	Acquire A	No	No	4,003	629,836
21 Jan 25	Ryan Harmer	Class A Common Stock	Grant	Acquire A	No	No	2,957	301,634
21 Jan 25	Reiff Melissa	Class A Common Stock	Grant	Acquire A	No	No	166	57,613
21 Jan 25	Kimball C Shill	Class A Common Stock	Grant	Acquire A	No	No	8,112	1,108,482
21 Jan 25	Billie Ida Williamson	Class A Common Stock	Grant	Acquire A	No	No	166	57,613

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

News

From Benzinga Pro

Goldman Sachs Maintains Neutral on Cricut, Lowers Price Target to $5.75

6 Nov 24

Goldman Sachs analyst Eric Sheridan maintains Cricut (NASDAQ:CRCT) with a Neutral and lowers the price target from $6.5 to $5.75.

9 Consumer Discretionary Stocks Moving In Wednesday's Intraday Session

6 Nov 24

Cricut Q3 2024 Adj. EPS $0.05, Inline, Sales $167.900M Miss $171.192M Estimate

5 Nov 24

Cricut (NASDAQ:CRCT) reported quarterly earnings of $0.05 per share which met the analyst consensus estimate. The company reported quarterly sales of $167.900 million which missed the analyst consensus estimate of

Press releases

From Benzinga Pro

Cricut, Inc. Reports Third Quarter 2024 Financial Results

5 Nov 24

Paid subscribers over 2.8 million, up 5% over Q3 2023 Q3 2024 revenue of $167.9 million, down 4% compared to Q3 2023 Delivered 23rd consecutive quarter of profitability with net income of $11.5 million