TransDigm Group Incorporated (NYSE:TDG) Shares Sold by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. lowered its position in shares of TransDigm Group Incorporated (NYSE:TDG - Free Report) by 10.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 28,636 shares of the aerospace company's stock after selling 3,217 shares during the quarter. Asset Management One Co. Ltd. owned 0.05% of TransDigm Group worth $36,931,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. First Personal Financial Services purchased a new position in TransDigm Group during the third quarter valued at approximately $29,000. Erste Asset Management GmbH purchased a new position in TransDigm Group during the third quarter valued at approximately $29,000. Trust Co. of Vermont raised its position in shares of TransDigm Group by 150.0% during the fourth quarter. Trust Co. of Vermont now owns 25 shares of the aerospace company's stock valued at $32,000 after buying an additional 15 shares during the last quarter. Versant Capital Management Inc raised its position in shares of TransDigm Group by 225.0% during the fourth quarter. Versant Capital Management Inc now owns 26 shares of the aerospace company's stock valued at $33,000 after buying an additional 18 shares during the last quarter. Finally, DT Investment Partners LLC raised its position in shares of TransDigm Group by 68.8% during the third quarter. DT Investment Partners LLC now owns 27 shares of the aerospace company's stock valued at $39,000 after buying an additional 11 shares during the last quarter. Hedge funds and other institutional investors own 95.78% of the company's stock.

Insider Buying and Selling

In related news, Director Robert J. Small sold 38,053 shares of the company's stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $1,248.78, for a total value of $47,519,825.34. Following the completion of the sale, the director now directly owns 567,323 shares of the company's stock, valued at $708,461,615.94. This represents a 6.29 % 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 W Nicholas Howley sold 5,472 shares of the stock in a transaction dated 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 sale, the director now directly owns 21,548 shares of the company's stock, valued at approximately $27,942,799.96. The trade was a 20.25 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 109,525 shares of company stock valued at $139,851,401 over the last three months. 4.09% of the stock is owned by company insiders.

TransDigm Group Trading Down 1.3 %

Shares of TDG traded down $17.03 during trading hours on Tuesday, reaching $1,297.16. 105,613 shares of the company traded hands, compared to its average volume of 262,919. The firm has a market cap of $72.74 billion, a price-to-earnings ratio of 45.72, a PEG ratio of 2.86 and a beta of 1.40. TransDigm Group Incorporated has a 12-month low of $1,136.27 and a 12-month high of $1,451.32. The stock's fifty day moving average price is $1,301.98 and its 200 day moving average price is $1,318.55.

TransDigm Group (NYSE:TDG - Get Free Report) last issued its earnings results on Tuesday, February 4th. The aerospace company reported $7.57 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 during the quarter, compared to analyst estimates of $2.03 billion. During the same period in the previous year, the firm earned $7.16 earnings per share. The business's revenue was up 12.1% on a year-over-year basis. On average, research analysts forecast that TransDigm Group Incorporated will post 34.11 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft cut shares of TransDigm Group from a "buy" rating to a "hold" rating and reduced their price objective for the company from $1,444.00 to $1,348.00 in a research report on Thursday, January 2nd. Citigroup lifted their price objective on shares of TransDigm Group from $1,563.00 to $1,600.00 and gave the company a "buy" rating in a research report on Thursday, December 5th. KeyCorp lifted their price objective on shares of TransDigm Group from $1,440.00 to $1,500.00 and gave the company an "overweight" rating in a research report on Thursday, October 24th. Wells Fargo & Company upgraded shares of TransDigm Group from an "equal weight" rating to an "overweight" rating and lifted their price objective for the company from $1,375.00 to $1,500.00 in a research report on Friday, February 7th. Finally, Truist Financial boosted their price target on shares of TransDigm Group from $1,482.00 to $1,534.00 and gave the stock a "buy" rating in a research report on Tuesday, January 14th. Seven equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $1,462.35.

TransDigm Group 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.