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flag Cricut beat earnings estimates but saw its stock drop amid insider selling and a "Strong Sell" rating.

flag Cricut reported quarterly earnings of $0.10 per share, beating estimates of $0.05, with a 10.09% net margin and 16.49% return on equity. flag Despite the positive results, the stock fell $0.34 to close at $5.01 on higher-than-average trading volume. flag The company has a market cap of $1.06 billion and a P/E ratio of 15.18. flag Analysts maintain a "Strong Sell" consensus with a $4.18 target, citing insider selling totaling nearly $1.97 million in the quarter. flag Cricut operates in three segments: Connected Machines, Subscriptions, and Accessories and Materials, serving the personalized crafting market.

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