Cricut principal accounting officer Harmer sells $56,950 in stock

Investing.com reports that Cricut Inc.'s Principal Accounting Officer, Ryan Harmer, sold 10,000 shares of the company's Class A Common Stock on August 25, 2026, for a total of $56,950. The shares were sold at prices ranging from $5.6400 to $5.7500 per share, with a weighted average price of $5.695. Harmer now directly owns 314,428 shares of Cricut Inc. This insider sale comes as Cricut shares have surged 38% over the past six months, currently trading at $5.81 with a market cap of $1.22 billion.

Despite this, Goldman Sachs initiated coverage on Cricut with a Sell rating, citing concerns about discretionary spending among middle-income U.S. consumers due to higher energy costs and persistent inflation.

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