1,914 Shares in TransDigm Group Incorporated (NYSE:TDG) Purchased by HCR Wealth Advisors

HCR Wealth Advisors bought a new stake in TransDigm Group Incorporated (NYSE:TDG - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 1,914 shares of the aerospace company's stock, valued at approximately $2,426,000.

Several other hedge funds also recently modified their holdings of the business. Rockingstone Advisors LLC lifted its stake in shares of TransDigm Group by 0.9% in the 4th quarter. Rockingstone Advisors LLC now owns 3,023 shares of the aerospace company's stock valued at $3,831,000 after purchasing an additional 28 shares during the period. Moseley Investment Management Inc. lifted its stake in TransDigm Group by 15.2% in the fourth quarter. Moseley Investment Management Inc. now owns 250 shares of the aerospace company's stock valued at $317,000 after buying an additional 33 shares during the period. Park Avenue Securities LLC boosted its holdings in TransDigm Group by 29.9% during the fourth quarter. Park Avenue Securities LLC now owns 926 shares of the aerospace company's stock worth $1,174,000 after buying an additional 213 shares during the last quarter. Fifth Third Wealth Advisors LLC boosted its holdings in TransDigm Group by 6.2% during the fourth quarter. Fifth Third Wealth Advisors LLC now owns 496 shares of the aerospace company's stock worth $629,000 after buying an additional 29 shares during the last quarter. Finally, Oak Thistle LLC grew its position in shares of TransDigm Group by 38.0% during the 4th quarter. Oak Thistle LLC now owns 1,129 shares of the aerospace company's stock worth $1,431,000 after buying an additional 311 shares during the period. Institutional investors own 95.78% of the company's stock.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Truist Financial increased their price target on shares of TransDigm Group from $1,482.00 to $1,534.00 and gave the company a "buy" rating in a research report on Tuesday. Citigroup lifted their price target on shares of TransDigm Group from $1,563.00 to $1,600.00 and gave the stock a "buy" rating in a research report on Thursday, December 5th. StockNews.com raised shares of TransDigm Group from a "hold" rating to a "buy" rating in a report on Wednesday, January 8th. Wells Fargo & Company dropped their price objective on TransDigm Group from $1,500.00 to $1,375.00 and set an "equal weight" rating on the stock in a research note on Wednesday, December 11th. Finally, JPMorgan Chase & Co. boosted their target price on TransDigm Group from $1,435.00 to $1,555.00 and gave the company a "neutral" rating in a research note on Monday, October 14th. Eight analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $1,455.00.

TransDigm Group Trading Up 2.1 %

Shares of NYSE TDG traded up $27.10 during midday trading on Thursday, reaching $1,320.63. The company's stock had a trading volume of 229,397 shares, compared to its average volume of 261,220. The stock has a 50 day simple moving average of $1,277.95 and a 200-day simple moving average of $1,305.97. The stock has a market capitalization of $74.26 billion, a price-to-earnings ratio of 51.59, a PEG ratio of 2.84 and a beta of 1.38. TransDigm Group Incorporated has a fifty-two week low of $1,025.01 and a fifty-two week high of $1,451.32.

Insider Activity at TransDigm Group

In other news, Director Robert J. Small sold 38,053 shares of the company's stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $1,248.78, for a total transaction of $47,519,825.34. Following the sale, the director now owns 567,323 shares in the company, valued at $708,461,615.94. This represents a 6.29 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, Director W Nicholas Howley sold 5,472 shares of the firm's stock in a transaction on Wednesday, January 15th. The shares were sold at an average price of $1,296.77, for a total transaction of $7,095,925.44. Following the completion of the transaction, the director now directly owns 21,548 shares of the company's stock, valued at $27,942,799.96. This represents a 20.25 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 86,525 shares of company stock valued at $108,692,621. Corporate insiders own 4.96% of the company's stock.

TransDigm Group Company Profile

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.