TransDigm Group Incorporated (NYSE:TDG) Shares Bought by AMS Capital Ltda

AMS Capital Ltda raised its stake in shares of TransDigm Group Incorporated (NYSE:TDG - Free Report) by 97.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 6,892 shares of the aerospace company's stock after purchasing an additional 3,409 shares during the quarter. TransDigm Group accounts for about 4.4% of AMS Capital Ltda's investment portfolio, making the stock its 9th biggest position. AMS Capital Ltda's holdings in TransDigm Group were worth $8,734,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. First Personal Financial Services bought a new stake in TransDigm Group in the third quarter valued at about $29,000. Erste Asset Management GmbH bought a new stake in TransDigm Group in the third quarter valued at about $29,000. Trust Co. of Vermont increased its stake in TransDigm Group by 150.0% in the fourth quarter. Trust Co. of Vermont now owns 25 shares of the aerospace company's stock valued at $32,000 after acquiring an additional 15 shares during the period. Versant Capital Management Inc increased its stake in TransDigm Group by 225.0% in the fourth quarter. Versant Capital Management Inc now owns 26 shares of the aerospace company's stock valued at $33,000 after acquiring an additional 18 shares during the period. Finally, DT Investment Partners LLC increased its stake in TransDigm Group by 68.8% in the third quarter. DT Investment Partners LLC now owns 27 shares of the aerospace company's stock valued at $39,000 after acquiring an additional 11 shares during the period. Institutional investors own 95.78% of the company's stock.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft cut shares of TransDigm Group from a "buy" rating to a "hold" rating and lowered their target price for the company from $1,444.00 to $1,348.00 in a research note on Thursday, January 2nd. Truist Financial upped their price objective on shares of TransDigm Group from $1,482.00 to $1,534.00 and gave the stock a "buy" rating in a research note on Tuesday, January 14th. KeyCorp upped their price objective on shares of TransDigm Group from $1,440.00 to $1,500.00 and gave the stock an "overweight" rating in a research note on Thursday, October 24th. StockNews.com upgraded shares of TransDigm Group from a "hold" rating to a "buy" rating in a research report on Wednesday, January 8th. Finally, Barclays reiterated an "equal weight" rating and set a $1,500.00 target price on shares of TransDigm Group in a research report on Monday, January 6th. Seven investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $1,462.35.

TransDigm Group Trading Down 1.1 %

Shares of TDG stock traded down $14.54 during trading hours on Tuesday, hitting $1,299.66. 281,051 shares of the company were exchanged, compared to its average volume of 268,769. The business has a 50 day moving average of $1,301.98 and a two-hundred day moving average of $1,318.55. TransDigm Group Incorporated has a 52 week low of $1,136.27 and a 52 week high of $1,451.32. The company has a market capitalization of $72.88 billion, a PE ratio of 45.84, a PEG ratio of 2.86 and a beta of 1.40.

TransDigm Group (NYSE:TDG - Get Free Report) last issued its quarterly earnings data on Tuesday, February 4th. The aerospace company reported $7.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.73 by $0.84. TransDigm Group had a net margin of 20.76% and a negative return on equity of 42.87%. The company had revenue of $2.01 billion during the quarter, compared to the consensus estimate of $2.03 billion. During the same quarter in the prior year, the firm earned $7.16 earnings per share. The firm's revenue was up 12.1% compared to the same quarter last year. On average, research analysts forecast that TransDigm Group Incorporated will post 34.11 EPS for the current year.

Insider Transactions at TransDigm Group

In related news, COO Joel Reiss sold 3,000 shares of the firm's stock in a transaction on Friday, December 20th. The shares were sold at an average price of $1,257.09, for a total value of $3,771,270.00. Following the completion of the transaction, the chief operating officer now owns 3,600 shares of the company's stock, valued at approximately $4,525,524. This trade represents a 45.45 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Kevin M. Stein sold 20,000 shares of the firm's stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $1,248.07, for a total transaction of $24,961,400.00. Following the completion of the transaction, the chief executive officer now directly owns 8,158 shares of the company's stock, valued at approximately $10,181,755.06. This trade represents a 71.03 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 113,175 shares of company stock valued at $144,677,394 over the last quarter. Corporate insiders own 4.09% 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.