Gilder Gagnon Howe & Co. LLC Sells 189 Shares of TransDigm Group Incorporated (NYSE:TDG)

Gilder Gagnon Howe & Co. LLC trimmed its stake in shares of TransDigm Group Incorporated (NYSE:TDG - Free Report) by 1.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,456 shares of the aerospace company's stock after selling 189 shares during the quarter. Gilder Gagnon Howe & Co. LLC's holdings in TransDigm Group were worth $17,052,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. 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 valued at $30,000 after acquiring an additional 16 shares in the last quarter. Trust Co. of Vermont lifted its holdings in TransDigm Group by 150.0% in 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 period. Versant Capital Management Inc grew its position in 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 period. Meeder Asset Management Inc. grew its position in shares of TransDigm Group by 210.0% during the 4th quarter. Meeder Asset Management Inc. now owns 31 shares of the aerospace company's stock valued at $39,000 after acquiring an additional 21 shares during the period. Finally, Sachetta LLC increased its position in TransDigm Group by 105.9% in the fourth quarter. Sachetta LLC now owns 35 shares of the aerospace company's stock worth $44,000 after buying an additional 18 shares during the last quarter. 95.78% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research firms have recently weighed in on TDG. Susquehanna lifted their target price on shares of TransDigm Group from $1,250.00 to $1,300.00 and gave the stock a "neutral" rating in a research note on Wednesday, April 2nd. UBS Group upgraded shares of TransDigm Group from a "neutral" rating to a "buy" rating and set a $1,595.00 target price for the company in a research report on Monday, February 24th. Truist Financial dropped their target price on shares of TransDigm Group from $1,534.00 to $1,490.00 and set a "buy" rating for the company in a research report on Thursday, April 17th. Wells Fargo & Company decreased their price target on shares of TransDigm Group from $1,410.00 to $1,375.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 15th. Finally, Northcoast Research raised shares of TransDigm Group from a "neutral" rating to a "buy" rating and set a $1,500.00 target price on the stock in a research note on Wednesday, April 9th. Five equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $1,464.41.

Insiders Place Their Bets

In related news, CEO Kevin M. Stein sold 20,000 shares of TransDigm Group stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $1,354.08, for a total transaction of $27,081,600.00. Following the transaction, the chief executive officer now owns 8,158 shares in the company, valued at approximately $11,046,584.64. The trade was a 71.03 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Joel Reiss sold 3,300 shares of the business's stock in a transaction on Monday, April 21st. The stock was sold at an average price of $1,321.80, for a total transaction of $4,361,940.00. Following the completion of the sale, the chief operating officer now owns 3,600 shares in the company, valued at approximately $4,758,480. The trade was a 47.83 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 124,894 shares of company stock valued at $167,450,256. Company insiders own 4.09% of the company's stock.

TransDigm Group Stock Up 0.8 %

Shares of NYSE TDG traded up $11.16 on Tuesday, reaching $1,406.88. 157,924 shares of the company's stock traded hands, compared to its average volume of 255,454. The company has a market cap of $78.90 billion, a price-to-earnings ratio of 49.63, a price-to-earnings-growth ratio of 2.76 and a beta of 1.08. The business's 50 day simple moving average is $1,339.86 and its two-hundred day simple moving average is $1,319.51. 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 announced its quarterly earnings results on Tuesday, February 4th. The aerospace company reported $7.57 earnings per share for the quarter, beating 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 company had revenue of $2.01 billion during the quarter, compared to the consensus estimate of $2.03 billion. During the same quarter last year, the firm earned $7.16 earnings per share. The firm's quarterly revenue was up 12.1% compared to the same quarter last year. Analysts forecast that TransDigm Group Incorporated will post 35.13 earnings per share for the current fiscal year.

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.