Crystal Rock Capital Management Has $8.77 Million Stake in TransDigm Group Incorporated (NYSE:TDG)

Crystal Rock Capital Management cut its stake in TransDigm Group Incorporated (NYSE:TDG - Free Report) by 16.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,920 shares of the aerospace company's stock after selling 1,380 shares during the quarter. TransDigm Group comprises about 5.4% of Crystal Rock Capital Management's holdings, making the stock its 7th biggest holding. Crystal Rock Capital Management's holdings in TransDigm Group were worth $8,770,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. First Personal Financial Services bought a new position in TransDigm Group in the 3rd quarter worth $29,000. Erste Asset Management GmbH bought a new position in TransDigm Group in the 3rd quarter worth $29,000. Capital Advisors Ltd. LLC raised its holdings in TransDigm Group by 200.0% in the 4th quarter. Capital Advisors Ltd. LLC now owns 24 shares of the aerospace company's stock worth $30,000 after purchasing an additional 16 shares in the last quarter. Trust Co. of Vermont grew its position in shares of TransDigm Group by 150.0% in the 4th quarter. Trust Co. of Vermont now owns 25 shares of the aerospace company's stock worth $32,000 after buying an additional 15 shares during the period. Finally, Versant Capital Management Inc grew its position in shares of TransDigm Group by 225.0% in the 4th quarter. Versant Capital Management Inc now owns 26 shares of the aerospace company's stock worth $33,000 after buying an additional 18 shares during the period. 95.78% of the stock is currently owned by institutional investors.

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Wall Street Analysts Forecast Growth

TDG has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft downgraded shares of TransDigm Group from a "buy" rating to a "hold" rating and reduced their target price for the stock from $1,444.00 to $1,348.00 in a research report on Thursday, January 2nd. Wells Fargo & Company raised shares of TransDigm Group from an "equal weight" rating to an "overweight" rating and upped their target price for the stock from $1,375.00 to $1,500.00 in a research report on Friday, February 7th. Citigroup upped 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 research report on Thursday, December 5th. Truist Financial upped their target price 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. Finally, Barclays reaffirmed an "equal weight" rating and issued a $1,500.00 target price on shares of TransDigm Group in a research report on Monday, January 6th. Six equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. Based on data from MarketBeat.com, TransDigm Group presently has a consensus rating of "Moderate Buy" and a consensus price target of $1,472.47.

TransDigm Group Stock Up 1.4 %

Shares of NYSE TDG traded up $18.72 during trading on Friday, reaching $1,368.24. 267,159 shares of the company traded hands, compared to its average volume of 257,543. The firm has a 50 day simple moving average of $1,314.11 and a 200-day simple moving average of $1,324.21. The stock has a market capitalization of $76.74 billion, a PE ratio of 48.26, a P/E/G ratio of 2.76 and a beta of 1.40. TransDigm Group Incorporated has a 52-week low of $1,136.27 and a 52-week high of $1,451.32.

TransDigm Group (NYSE:TDG - Get Free Report) last announced its quarterly 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. The firm had revenue of $2.01 billion for the quarter, compared to the consensus estimate of $2.03 billion. TransDigm Group had a net margin of 20.76% and a negative return on equity of 42.87%. The business's quarterly revenue was up 12.1% compared to the same quarter last year. During the same quarter last year, the firm posted $7.16 EPS. As a group, research analysts predict that TransDigm Group Incorporated will post 35.13 EPS for the current year.

Insider Transactions at TransDigm Group

In other TransDigm Group news, CEO Kevin M. Stein sold 20,000 shares of the firm's stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $1,248.07, for a total transaction of $24,961,400.00. Following the sale, the chief executive officer now owns 8,158 shares in the company, valued at approximately $10,181,755.06. This trade represents a 71.03 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Joel Reiss sold 3,000 shares of the firm's stock in a transaction that occurred on Friday, December 20th. The stock was sold at an average price of $1,257.09, for a total transaction of $3,771,270.00. Following the sale, the chief operating officer now owns 3,600 shares in the company, valued at approximately $4,525,524. The trade was a 45.45 % 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 in the last quarter. Company 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.