414 Shares in TransDigm Group Incorporated (NYSE:TDG) Purchased by EntryPoint Capital LLC

EntryPoint Capital LLC purchased a new position in shares of TransDigm Group Incorporated (NYSE:TDG - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 414 shares of the aerospace company's stock, valued at approximately $525,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Vanguard Group Inc. lifted its position in shares of TransDigm Group by 1.3% during the fourth quarter. Vanguard Group Inc. now owns 6,270,803 shares of the aerospace company's stock worth $7,946,863,000 after purchasing an additional 79,284 shares during the last quarter. State Street Corp lifted its holdings in TransDigm Group by 1.3% during the 3rd quarter. State Street Corp now owns 2,229,199 shares of the aerospace company's stock valued at $3,181,357,000 after buying an additional 29,489 shares in the last quarter. Principal Financial Group Inc. boosted its position in TransDigm Group by 9.6% in the 4th 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 during the period. JPMorgan Chase & Co. grew its stake in TransDigm Group by 9.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,997,827 shares of the aerospace company's stock worth $2,851,160,000 after acquiring an additional 173,642 shares in the last quarter. Finally, FMR LLC increased its position in shares of TransDigm Group by 2.3% during the third quarter. FMR LLC now owns 1,920,181 shares of the aerospace company's stock worth $2,740,348,000 after acquiring an additional 43,604 shares during the period. 95.78% of the stock is owned by institutional investors.

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TransDigm Group Stock Down 0.5 %

Shares of TransDigm Group stock traded down $7.04 during midday trading on Friday, hitting $1,377.22. The company had a trading volume of 272,911 shares, compared to its average volume of 242,075. The company has a fifty day simple moving average of $1,343.19 and a 200 day simple moving average of $1,329.72. The stock has a market cap of $77.24 billion, a price-to-earnings ratio of 48.58, a PEG ratio of 2.76 and a beta of 1.38. TransDigm Group Incorporated has a 12-month low of $1,176.31 and a 12-month high of $1,451.32.

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 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 business had revenue of $2.01 billion during the quarter, compared to analysts' expectations of $2.03 billion. During the same quarter last year, the company posted $7.16 earnings per share. The business's quarterly revenue was up 12.1% on a year-over-year basis. As a group, analysts expect that TransDigm Group Incorporated will post 35.13 EPS for the current year.

Insider Transactions at TransDigm Group

In other news, COO Joel Reiss sold 3,000 shares of the firm's stock in a transaction that occurred on Tuesday, January 21st. The shares were sold at an average price of $1,359.06, for a total transaction of $4,077,180.00. Following the sale, the chief operating officer now owns 3,600 shares of the company's stock, valued at $4,892,616. This trade represents a 45.45 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Kevin M. Stein sold 20,000 shares of TransDigm Group stock in a transaction on Monday, January 13th. The shares were sold at an average price of $1,267.21, for a total transaction of $25,344,200.00. Following the completion of the transaction, the chief executive officer now directly owns 8,158 shares of the company's stock, valued at $10,337,899.18. The trade was a 71.03 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 124,594 shares of company stock worth $165,646,468 over the last three months. 4.09% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on TDG shares. UBS Group raised TransDigm Group from a "neutral" rating to a "buy" rating and set a $1,595.00 price objective on the stock in a research note on Monday, February 24th. Citigroup increased their price target on 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. Wells Fargo & Company lifted their price objective on TransDigm Group from $1,500.00 to $1,580.00 and gave the company an "overweight" rating in a report on Tuesday. Deutsche Bank Aktiengesellschaft cut shares of TransDigm Group from a "buy" rating to a "hold" rating and dropped their target price for the stock from $1,444.00 to $1,348.00 in a report on Thursday, January 2nd. Finally, StockNews.com upgraded shares of TransDigm Group from a "hold" rating to a "buy" rating in a report on Wednesday, January 8th. Six investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company's stock. Based on data from MarketBeat, TransDigm Group has an average rating of "Moderate Buy" and a consensus price target of $1,477.18.

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.