TransDigm Group Incorporated (NYSE:TDG) Stock Holdings Lessened by Aigen Investment Management LP

Aigen Investment Management LP reduced its stake in TransDigm Group Incorporated (NYSE:TDG - Free Report) by 56.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 568 shares of the aerospace company's stock after selling 740 shares during the period. Aigen Investment Management LP's holdings in TransDigm Group were worth $720,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. Proficio Capital Partners LLC grew its stake in shares of TransDigm Group by 286,247.1% during the fourth quarter. Proficio Capital Partners LLC now owns 730,185 shares of the aerospace company's stock valued at $925,349,000 after acquiring an additional 729,930 shares in the last quarter. Windacre Partnership LLC grew its stake in TransDigm Group by 42.7% in the third quarter. Windacre Partnership LLC now owns 728,000 shares of the aerospace company's stock worth $1,038,951,000 after purchasing an additional 217,700 shares in the last quarter. Principal Financial Group Inc. grew its stake in TransDigm Group by 9.6% in the fourth quarter. Principal Financial Group Inc. now owns 2,126,274 shares of the aerospace company's stock worth $2,694,585,000 after purchasing an additional 185,422 shares in the last quarter. JPMorgan Chase & Co. grew its stake in TransDigm Group by 9.5% in the third quarter. JPMorgan Chase & Co. now owns 1,997,827 shares of the aerospace company's stock worth $2,851,160,000 after purchasing an additional 173,642 shares in the last quarter. Finally, FMR LLC grew its stake in TransDigm Group by 2.3% in the third quarter. FMR LLC now owns 1,920,181 shares of the aerospace company's stock worth $2,740,348,000 after purchasing an additional 43,604 shares in the last quarter. 95.78% of the stock is currently owned by institutional investors and hedge funds.

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TransDigm Group Stock Performance

Shares of TDG traded down $4.91 during mid-day trading on Friday, reaching $1,339.77. 329,032 shares of the company's stock traded hands, compared to its average volume of 258,144. The business's 50-day moving average price is $1,319.94 and its 200-day moving average price is $1,326.81. The stock has a market capitalization of $75.14 billion, a P/E ratio of 47.26, a price-to-earnings-growth ratio of 2.76 and a beta of 1.38. TransDigm Group Incorporated has a 12 month low of $1,136.27 and a 12 month high of $1,451.32.

TransDigm Group (NYSE:TDG - Get Free Report) last released its quarterly earnings results on Tuesday, February 4th. The aerospace company reported $7.57 earnings per share for the quarter, beating analysts' consensus estimates of $6.73 by $0.84. The company had revenue of $2.01 billion for the quarter, compared to analysts' expectations of $2.03 billion. TransDigm Group had a negative return on equity of 42.87% and a net margin of 20.76%. The business's revenue for the quarter was up 12.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $7.16 earnings per share. Equities research analysts anticipate that TransDigm Group Incorporated will post 35.13 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. StockNews.com upgraded TransDigm Group from a "hold" rating to a "buy" rating in a research note on Wednesday, January 8th. UBS Group upgraded TransDigm Group from a "neutral" rating to a "buy" rating and set a $1,595.00 price target for the company in a research note on Monday, February 24th. Deutsche Bank Aktiengesellschaft downgraded TransDigm Group from a "buy" rating to a "hold" rating and decreased their price target for the stock from $1,444.00 to $1,348.00 in a research note on Thursday, January 2nd. Wells Fargo & Company upgraded TransDigm Group from an "equal weight" rating to an "overweight" rating and lifted their price target for the stock from $1,375.00 to $1,500.00 in a research note on Friday, February 7th. Finally, Citigroup raised their target price on shares of TransDigm Group from $1,563.00 to $1,600.00 and gave the stock a "buy" rating in a report on Thursday, December 5th. Six equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $1,472.47.

Insider Activity at TransDigm Group

In related news, COO Joel Reiss sold 3,000 shares of the firm's stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $1,323.02, for a total transaction of $3,969,060.00. Following the transaction, the chief operating officer now owns 3,600 shares in the company, valued at $4,762,872. This trade represents a 45.45 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Robert J. Small sold 38,053 shares of the firm's stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $1,248.78, for a total transaction of $47,519,825.34. Following the transaction, 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 disclosure for this sale can be found here. Insiders have sold 121,647 shares of company stock worth $155,847,223 over the last quarter. 4.09% of the stock is currently owned by company insiders.

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.