Hedgies Play: CRCT, TDG 🛫, ROKU

1.) CRICUT (NASDAQ: CRCT)

Cricut, Inc. is a South Jordan, Utah-based home and office supplies products manufacturer with a $6.9 billion market capitalization. CRCT delivered a 13.38% return in the past month and closed at $31.33 per share on September 16, 2021.

Cricut designs and markets a creativity platform that enables users to turn ideas into professional-looking handmade goods by using the firm’s assortment of connected machines, design apps, and accessories and materials. The firm’s first quarterly results as a public company came in handily above Wall Street expectations. More importantly, the company’s outlook for the current quarter caused a meaningful lift in current year revenue and earnings estimates. Cricut appears to be continuing its strong business momentum even as it faces comparisons against outsized growth rates experienced as its business surged during the pandemic."

CRCT is also in the top 5 of all 13Filers with Hedge Funds like Abdiel Capital Advisors, LP, Abdiel Qualified Master Fund LP, Advisor Group Holdings IC and Advisory Research INC Adding abour $500Mn. worth of CRCT shares into their portfolio based on the latest SEC filings.

Institutional Ownership a.k.a Hedgies Watch đź‘€

ABDIEL CAPITAL MANAGEMENT, LLC

ABDIEL QUALIFIED MASTER FUND LP

ABDIEL CAPITAL LP

ABDIEL CAPITAL ADVISORS, LP

MORAN COLIN T.

  • 10% Owner

  • Last reported Shares Held 9,363,825.

  • Last reported Date 2021-09-2021

    Insider Buying

    5.1 Million total shares from 124 transactions

Cricut’s industry-leading products include its flagship line of smart cutting machines—Cricut Maker®, the Cricut Explore® family, and Cricut Joy®— accompanied by other unique tools like Cricut EasyPress®, the Infusible Ink™ system, and a diverse collection of materials. In addition to Cricut’s core offerings, the brand also fosters a thriving community of more than four million dedicated users worldwide.

2.) TransDigm Group Inc (NASDAQ: TDG)

TransDigm Group, through its wholly-owned subsidiaries, is a leading global designer, producer and supplier of highly engineered aircraft components for use on nearly all commercial and military aircraft in service today.

Pentagon inspector general nears completion of a two-year+ review of TransDigm overcharging for spare parts $TDG

Institutional Ownership a.k.a Hedgies Watch đź‘€

Advent International Corp, AltaRock Partners LLC, Artisan Partners Ltd Partnership, BlackRock Inc. ($2.6 Bn. )

Company SnapShot

Market Cap 33.615 Billion

Shares Outstanding 55.112 Million

Avg 30-day Volume 259.518 Thousand

P/E Ratio 70.03183

EPS 8.4

Price/Sales 7.16

Debt to Equity -6.08

EBITDA 1.611 Billion

Price to Book Value-10.71

Next Earnings Date 2021-11-09

Major product offerings, substantially all of which are ultimately provided to end-users in the aerospace industry, include mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, specialized pumps and valves, power conditioning devices, specialized AC/DC electric motors and generators, batteries and chargers, engineered latching and locking devices, engineered rods, engineered connectors and elastomer sealing solutions, databus and power controls, cockpit security components and systems, specialized and advanced cockpit displays, aircraft audio systems, specialized lavatory components, seat belts and safety restraints, engineered and customized interior surfaces and related components, advanced sensor products, switches and relay panels, thermal protection and insulation, lighting and control technology, parachutes, high performance hoists, winches and lifting devices, and cargo loading, handling and delivery systems.

3.) Roku Inc (NASDAQ: ROKU)

Roku pioneered streaming to the TV. We connect users to the streaming content they love, enable content publishers to build and monetize large audiences, and provide advertisers with unique capabilities to engage consumers.

Institutional Ownership a.k.a Hedgies Watch đź‘€

Last Reported Date 2021-08-12

  • Amundi ($74Mn New Buy in )

  • Anthanor Capital LP ($29 Mn. New Buy In)

  • Citadel Securities GP LLC ($354 Mn. New Buy In )

  • Holocene Advisors LP ($80Mn. new Buy In )

  • Quadrature Capital Ltd. ($42 Mn. New Buy In )

  • Twenty-First Century Fox, Inc. ($527 Mn. New Buy In )

  • UBS Group AG ($74 Mn. Call Option) ,

  • WhaleRock Capital Management LLC ( $580 Mn. New Buy In )

Roku streaming players and TV-related audio devices are available in the U.S. and in select countries through direct retail sales and licensing arrangements with service operators. Roku TV™ models are available in the U.S. and in select countries through licensing arrangements with TV OEM brands.