GKV Capital Management Co. Inc. Invests $4.31 Million in TransDigm Group Incorporated (NYSE:TDG)

GKV Capital Management Co. Inc. purchased a new stake in TransDigm Group Incorporated (NYSE:TDG - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 3,398 shares of the aerospace company's stock, valued at approximately $4,306,000. TransDigm Group makes up 1.8% of GKV Capital Management Co. Inc.'s investment portfolio, making the stock its 17th largest holding.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Capital Advisors Ltd. LLC raised its stake in shares of TransDigm Group by 200.0% during the fourth quarter. Capital Advisors Ltd. LLC now owns 24 shares of the aerospace company's stock worth $30,000 after buying an additional 16 shares during the last quarter. Trust Co. of Vermont lifted its holdings in shares of TransDigm Group by 150.0% during the 4th quarter. Trust Co. of Vermont now owns 25 shares of the aerospace company's stock valued at $32,000 after purchasing an additional 15 shares in the last quarter. Versant Capital Management Inc lifted its stake in TransDigm Group by 225.0% in 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 in the last quarter. Meeder Asset Management Inc. boosted its stake in TransDigm Group by 210.0% in the 4th quarter. Meeder Asset Management Inc. now owns 31 shares of the aerospace company's stock worth $39,000 after purchasing an additional 21 shares during the period. Finally, Sachetta LLC boosted its position in shares of TransDigm Group by 105.9% during 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 period. 95.78% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts recently weighed in on TDG shares. Wells Fargo & Company decreased their target price on shares of TransDigm Group from $1,410.00 to $1,375.00 and set an "overweight" rating for the company in a research report on Tuesday. Truist Financial raised their price target on TransDigm Group from $1,482.00 to $1,534.00 and gave the company a "buy" rating in a report on Tuesday, January 14th. Deutsche Bank Aktiengesellschaft downgraded TransDigm Group from a "buy" rating to a "hold" rating and decreased their target price for the company from $1,444.00 to $1,348.00 in a research report on Thursday, January 2nd. Northcoast Research raised shares of TransDigm Group from a "neutral" rating to a "buy" rating and set a $1,500.00 price target on the stock in a research report on Wednesday, April 9th. Finally, StockNews.com raised TransDigm Group from a "hold" rating to a "buy" rating in a report on Tuesday, April 8th. Five investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $1,467.00.

Insider Transactions at TransDigm Group

In other news, COO Joel Reiss sold 3,000 shares of the company's stock in a transaction that occurred on Tuesday, January 21st. The stock was sold at an average price of $1,359.06, for a total transaction of $4,077,180.00. Following the transaction, the chief operating officer now directly owns 3,600 shares of the company's stock, valued at $4,892,616. This represents a 45.45 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Robert J. Small sold 40,000 shares of the business's stock in a transaction dated Thursday, March 6th. The stock was sold at an average price of $1,345.81, for a total transaction of $53,832,400.00. Following the sale, the director now directly owns 98,185 shares of the company's stock, valued at approximately $132,138,354.85. The trade was a 28.95 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 124,594 shares of company stock worth $167,165,496 over the last three months. 4.09% of the stock is owned by company insiders.

TransDigm Group Trading Down 1.4 %

Shares of TDG stock opened at $1,341.88 on Thursday. The business's 50-day moving average price is $1,337.49 and its 200-day moving average price is $1,323.36. The firm has a market capitalization of $75.26 billion, a price-to-earnings ratio of 47.33, a PEG ratio of 2.76 and a beta of 1.08. 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 earnings results on Tuesday, February 4th. The aerospace company reported $7.57 EPS for the quarter, topping the consensus estimate of $6.73 by $0.84. TransDigm Group had a negative return on equity of 42.87% and a net margin of 20.76%. The firm had revenue of $2.01 billion for the quarter, compared to the consensus estimate of $2.03 billion. During the same period in the previous year, the business earned $7.16 EPS. The business's quarterly revenue was up 12.1% compared to the same quarter last year. On average, sell-side analysts predict 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.

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