Cricut Inc, (CRCT) is showing recent insider buying activity. Read more to find out which insider was Buying $192.3M worth of shares within the last 3 months.
Before you dig into this report it is important to remember that “Insider Buying” is the purchase of shares in a corporation by a director, officer, or executive within the company. Insider buying is not the same as insider trading, which refers to corporate insiders making illegal stock purchases based on non-public information.
“Insider Buying” is not a crime when the buying is based on public information.
Additionally, since insiders have unique insights into their own companies, they often gobble up shares when they believe the stock is undervalued or dump stock when it’s time to sell. That’s why people pay attention to insider buying.
Cricut Inc (CRCT): The Insider Confidence level is trending Up due to Corporate Insiders of CRCT Buying $192.3M worth of shares in the Last 3 Months.
Here is a list of the latest insider active for CRCT:
- Abdiel Capital Management, LLC bought $16,478,706 worth of shares on September 16th
- Abdiel Capital Management, LLC bought $891,072 worth of shares on September 8th
- Abdiel Capital Management, LLC bought $2,712,047 worth of shares on September 2nd
TipRanks has currently has a Hold on CRCT with an average price target of $32.
- Last Price: $11
- Price Change: ($-0.31) (-0.99%)
- Price Target: $32 (86%)
- Yearly Gain: 52%
- Market Cap: $91B
This information was sourced from various sources but to get the best insight into insider activity related to CRCT, join TipRanks.com.
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