Empirical Asset Management LLC Acquires 3,049 Shares of TransDigm Group Incorporated (NYSE:TDG)

Empirical Asset Management LLC increased its stake in shares of TransDigm Group Incorporated (NYSE:TDG - Free Report) by 110.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 5,815 shares of the aerospace company's stock after buying an additional 3,049 shares during the period. Empirical Asset Management LLC's holdings in TransDigm Group were worth $7,369,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Souders Financial Advisors grew its stake in TransDigm Group by 1.0% in the 3rd quarter. Souders Financial Advisors now owns 797 shares of the aerospace company's stock valued at $1,137,000 after buying an additional 8 shares during the last quarter. Prosperity Financial Group Inc. increased its holdings in shares of TransDigm Group by 3.6% during the third quarter. Prosperity Financial Group Inc. now owns 230 shares of the aerospace company's stock worth $328,000 after purchasing an additional 8 shares during the period. DT Investment Partners LLC raised its position in shares of 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 buying an additional 11 shares in the last quarter. Wellington Management Group LLP raised its position in shares of TransDigm Group by 0.6% in the third quarter. Wellington Management Group LLP now owns 1,913 shares of the aerospace company's stock valued at $2,730,000 after buying an additional 11 shares in the last quarter. Finally, EverSource Wealth Advisors LLC boosted its stake in shares of TransDigm Group by 7.5% in the second quarter. EverSource Wealth Advisors LLC now owns 171 shares of the aerospace company's stock valued at $221,000 after buying an additional 12 shares during the period. Institutional investors and hedge funds own 95.78% of the company's stock.

Insider Activity at TransDigm Group

In related news, Director W Nicholas Howley sold 5,472 shares of the firm's stock in a transaction that occurred on Wednesday, January 15th. The shares were sold at an average price of $1,296.77, for a total value of $7,095,925.44. Following the completion of the transaction, the director now directly owns 21,548 shares of the company's stock, valued at approximately $27,942,799.96. This trade represents a 20.25 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Kevin M. Stein sold 20,000 shares of the business's stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $1,248.07, for a total value 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. The trade was a 71.03 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 86,525 shares of company stock valued at $108,692,621 in the last three months. Corporate insiders own 4.96% of the company's stock.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Citigroup lifted their price objective on TransDigm Group from $1,563.00 to $1,600.00 and gave the company a "buy" rating in a report on Thursday, December 5th. Deutsche Bank Aktiengesellschaft downgraded TransDigm Group from a "buy" rating to a "hold" rating and cut their price objective for the company from $1,444.00 to $1,348.00 in a report on Thursday, January 2nd. KeyCorp raised their price objective on TransDigm Group from $1,440.00 to $1,500.00 and gave the company an "overweight" rating in a report on Thursday, October 24th. Barclays reaffirmed an "equal weight" rating and set a $1,500.00 target price on shares of TransDigm Group in a report on Monday, January 6th. Finally, Wells Fargo & Company cut their target price on TransDigm Group from $1,500.00 to $1,375.00 and set an "equal weight" rating on the stock in a report on Wednesday, December 11th. Eight equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $1,455.00.

TransDigm Group Trading Up 1.2 %

TransDigm Group stock traded up $15.40 during midday trading on Friday, reaching $1,337.42. The stock had a trading volume of 99,333 shares, compared to its average volume of 246,164. TransDigm Group Incorporated has a 12 month low of $1,032.43 and a 12 month high of $1,451.32. The company has a market capitalization of $75.20 billion, a P/E ratio of 52.28, a PEG ratio of 2.84 and a beta of 1.38. The company has a fifty day moving average price of $1,277.95 and a two-hundred day moving average price of $1,305.97.

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.