TransDigm Group Incorporated (NYSE:TDG) Shares Acquired by Motley Fool Asset Management LLC

Motley Fool Asset Management LLC increased its stake in TransDigm Group Incorporated (NYSE:TDG) by 9.8% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,524 shares of the aerospace company’s stock after acquiring an additional 136 shares during the quarter. Motley Fool Asset Management LLC’s holdings in TransDigm Group were worth $1,542,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Compagnie Lombard Odier SCmA purchased a new stake in TransDigm Group during the 4th quarter worth approximately $25,000. Oakworth Capital Inc. acquired a new position in TransDigm Group in the 4th quarter valued at $26,000. Optiver Holding B.V. purchased a new stake in shares of TransDigm Group during the third quarter worth $35,000. Oliver Lagore Vanvalin Investment Group raised its position in shares of TransDigm Group by 48.0% in the fourth quarter. Oliver Lagore Vanvalin Investment Group now owns 37 shares of the aerospace company’s stock valued at $38,000 after buying an additional 12 shares during the last quarter. Finally, Impact Partnership Wealth LLC purchased a new position in shares of TransDigm Group in the third quarter worth about $41,000. 95.78% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at TransDigm Group

In related news, CEO Kevin M. Stein sold 10,000 shares of the company’s stock in a transaction on Friday, April 12th. The stock was sold at an average price of $1,216.16, for a total value of $12,161,600.00. Following the completion of the transaction, the chief executive officer now directly owns 8,158 shares in the company, valued at $9,921,433.28. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, CEO Kevin M. Stein sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, April 12th. The shares were sold at an average price of $1,216.16, for a total value of $12,161,600.00. Following the completion of the sale, the chief executive officer now directly owns 8,158 shares in the company, valued at $9,921,433.28. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, COO Joel Reiss sold 3,000 shares of the company’s stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $1,140.48, for a total transaction of $3,421,440.00. Following the transaction, the chief operating officer now directly owns 3,600 shares of the company’s stock, valued at approximately $4,105,728. The disclosure for this sale can be found here. Insiders have sold 59,087 shares of company stock worth $69,840,358 over the last quarter. 4.96% of the stock is currently owned by insiders.

Analyst Ratings Changes

TDG has been the subject of a number of recent research reports. JPMorgan Chase & Co. increased their price objective on shares of TransDigm Group from $1,050.00 to $1,175.00 and gave the company a “neutral” rating in a report on Wednesday, March 27th. Susquehanna raised their price target on shares of TransDigm Group from $875.00 to $1,100.00 and gave the stock a “neutral” rating in a report on Friday, February 9th. Royal Bank of Canada lifted their price target on shares of TransDigm Group from $1,150.00 to $1,250.00 and gave the company an “outperform” rating in a research report on Friday, February 9th. Stifel Nicolaus increased their price objective on TransDigm Group from $1,100.00 to $1,200.00 and gave the stock a “hold” rating in a research report on Wednesday, April 17th. Finally, Barclays upped their price target on TransDigm Group from $1,150.00 to $1,250.00 and gave the company an “overweight” rating in a research note on Monday, February 12th. Six analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. According to MarketBeat.com, TransDigm Group has a consensus rating of “Moderate Buy” and an average target price of $1,170.27.

TransDigm Group Stock Up 0.2 %

Shares of TDG traded up $2.57 during trading hours on Friday, reaching $1,259.15. 139,583 shares of the company traded hands, compared to its average volume of 207,107. The stock has a market capitalization of $70.02 billion, a PE ratio of 53.44, a price-to-earnings-growth ratio of 2.53 and a beta of 1.42. The stock has a fifty day simple moving average of $1,203.04 and a 200 day simple moving average of $1,060.05. TransDigm Group Incorporated has a fifty-two week low of $745.65 and a fifty-two week high of $1,269.51.

TransDigm Group (NYSE:TDG) last issued its quarterly earnings results on Thursday, February 8th. The aerospace company reported $7.16 EPS for the quarter, topping analysts’ consensus estimates of $6.41 by $0.75. TransDigm Group had a net margin of 20.80% and a negative return on equity of 59.61%. The business had revenue of $1.79 billion during the quarter, compared to the consensus estimate of $1.68 billion. During the same period in the previous year, the firm posted $4.15 earnings per share. The company’s quarterly revenue was up 28.1% compared to the same quarter last year. Research analysts predict that TransDigm Group Incorporated will post 29.08 EPS for the current fiscal year.

About TransDigm Group

TransDigm Group Incorporated designs, produces, and supplies aircraft components in the United States and internationally. The Power & Control segment offers 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, databus and power controls, sensor products, switches and relay panels, hoists, winches and lifting devices, and cargo loading and handling systems.