10 Tech Stocks to Sell Now According to Cathie Wood

8. Moog Inc. (NYSE:MOG)

Percentage of stake sold by ARK Invest in Q3: 36%

ARK Investment Management’s Q3 Stake Value: $1.52 million

Number of Hedge Fund Holders: 17

Moog Inc. (NYSE:MOG) is an American designer and manufacturer of electric, electro-hydraulic and hydraulic motion systems for use in aerospace, defense, industrial, and medical devices. The company operates in four segments: aircraft controls, space and defense controls, industrial controls, and components.

As part of a broader research note previewing the Aerospace & Defense industry in 2025, Truist analyst Michael Ciarmoli raised Moog’s price target to $237 from $224 and maintained a Buy rating on the shares. According to the analyst, the new year feels like “groundhog day”, with 2024 investors optimistic about an aero OEM production recovery but pessimistic about the aftermarket rally. The firm adds that while aircraft production is expected to increase in 2025 from an easy comp, planned production rate increases are not materializing as fast as expected.

Moog Inc. (NYSE:MOG) reported strong Q4 2024 results, with net sales increasing 5% to $917 million and full-year sales climbing 9% to $3.609 billion. Q4 operating margin fell to 9.1% to 10.1%, while adjusted operating margin remained steady at 12.5%. Military aircraft sales increased by 17% to $216 million, while space and defense sales rose 9% to $263 million. For Fiscal 2025, the company expects net sales of $3.7 billion, an operating margin of 13%, and diluted earnings per share of $8.20.