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Cricut, Inc. NASDAQ:CRCT Chief Executive Officer Ashish Arora sold a total of 63,750 shares of Class A Common Stock between August 13 and August 15, 2025, for approximately $356,381. The company, currently valued at $1.17 billion, maintains strong financial health according to InvestingPro analysis, with a positive earnings outlook and robust balance sheet metrics.
The sales were executed in three separate transactions. On August 13, 2025, 21,250 shares were sold at a weighted average price of $5.5673, with prices ranging from $5.4300 to $5.6850. On August 14, 2025, another 21,250 shares were sold at a weighted average price of $5.638, in a range of $5.5500 to $5.6750. The final transaction occurred on August 15, 2025, with 21,250 shares sold at a weighted average price of $5.5656, with prices ranging from $5.4550 to $5.6850.
Following these transactions, Arora directly owns 2,972,811 shares of Cricut , Inc. The sale reported was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 19, 2024.
In other recent news, Cricut Inc. announced its second-quarter 2025 earnings, revealing a performance that exceeded analysts’ expectations. The company reported earnings per share of $0.11, which was significantly higher than the forecasted $0.06, marking an 83.33% surprise. Cricut’s revenue for the quarter reached $172.1 million, surpassing the anticipated $158.59 million. These results highlight the company’s strong financial performance during this period. Despite the positive earnings report, there was no mention of any stock upgrades or downgrades by analysts from major firms. Additionally, there were no reports of mergers or acquisitions involving Cricut in the recent news. Investors may find these developments noteworthy as they reflect the company’s current financial health.
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