APG Asset Management N.V. Acquires 30,535 Shares of TransDigm Group Incorporated (NYSE:TDG)

APG Asset Management N.V. raised its holdings in shares of TransDigm Group Incorporated (NYSE:TDG - Free Report) by 256.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 42,464 shares of the aerospace company's stock after purchasing an additional 30,535 shares during the period. APG Asset Management N.V. owned about 0.08% of TransDigm Group worth $51,969,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of TDG. Vanguard Group Inc. lifted its stake in shares of TransDigm Group by 1.3% in the 4th quarter. Vanguard Group Inc. now owns 6,270,803 shares of the aerospace company's stock worth $7,946,863,000 after acquiring an additional 79,284 shares during the period. JPMorgan Chase & Co. increased its holdings in TransDigm Group by 10.4% in the fourth quarter. JPMorgan Chase & Co. now owns 2,204,649 shares of the aerospace company's stock worth $2,793,908,000 after buying an additional 206,822 shares during the last quarter. Principal Financial Group Inc. raised its holdings in TransDigm Group by 9.6% during the fourth quarter. Principal Financial Group Inc. now owns 2,126,274 shares of the aerospace company's stock valued at $2,694,585,000 after buying an additional 185,422 shares in the last quarter. FMR LLC lifted its stake in shares of TransDigm Group by 0.3% in the fourth quarter. FMR LLC now owns 1,925,595 shares of the aerospace company's stock worth $2,440,268,000 after buying an additional 5,414 shares during the last quarter. Finally, Geode Capital Management LLC boosted its stake in TransDigm Group by 14.1% during the 4th quarter. Geode Capital Management LLC now owns 1,293,282 shares of the aerospace company's stock valued at $1,636,409,000 after purchasing an additional 159,839 shares during the period. 95.78% of the stock is currently owned by institutional investors.

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Insider Buying and Selling

In other TransDigm Group news, CEO Kevin M. Stein sold 20,000 shares of TransDigm Group stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $1,354.08, for a total value of $27,081,600.00. Following the completion of the transaction, the chief executive officer now directly owns 8,158 shares of the company's stock, valued at $11,046,584.64. The trade was a 71.03 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Joel Reiss sold 3,000 shares of the stock in a transaction on Thursday, March 20th. The stock was sold at an average price of $1,360.04, for a total value of $4,080,120.00. Following the sale, the chief operating officer now directly owns 3,600 shares in the company, valued at approximately $4,896,144. This trade represents a 45.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 104,594 shares of company stock worth $140,302,268. Company insiders own 4.09% of the company's stock.

TransDigm Group Trading Up 1.0 %

Shares of NYSE TDG traded up $13.60 during mid-day trading on Monday, hitting $1,326.69. The company had a trading volume of 88,686 shares, compared to its average volume of 272,540. TransDigm Group Incorporated has a one year low of $1,176.31 and a one year high of $1,451.32. The company has a market capitalization of $74.41 billion, a PE ratio of 46.80, a price-to-earnings-growth ratio of 2.76 and a beta of 1.08. The firm has a 50-day simple moving average of $1,335.18 and a two-hundred day simple moving average of $1,323.45.

TransDigm Group (NYSE:TDG - Get Free Report) last posted its quarterly earnings results 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 firm had revenue of $2.01 billion for the quarter, compared to analyst estimates of $2.03 billion. During the same period in the prior year, the firm posted $7.16 earnings per share. The company's quarterly revenue was up 12.1% compared to the same quarter last year. Sell-side analysts expect that TransDigm Group Incorporated will post 35.13 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

TDG has been the topic of a number of research reports. Susquehanna boosted their price objective on TransDigm Group from $1,250.00 to $1,300.00 and gave the company a "neutral" rating in a research report on Wednesday, April 2nd. StockNews.com upgraded TransDigm Group from a "hold" rating to a "buy" rating in a research note on Tuesday, April 8th. Deutsche Bank Aktiengesellschaft downgraded TransDigm Group from a "buy" rating to a "hold" rating and reduced their price objective for the stock from $1,444.00 to $1,348.00 in a report on Thursday, January 2nd. UBS Group upgraded shares of TransDigm Group from a "neutral" rating to a "buy" rating and set a $1,595.00 price target for the company in a research report on Monday, February 24th. Finally, Wells Fargo & Company dropped their price objective on TransDigm Group from $1,580.00 to $1,410.00 and set an "overweight" rating for the company in a report on Tuesday, April 8th. Five research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $1,471.78.

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.