TransDigm Group Incorporated (NYSE:TDG) Shares Sold by Guggenheim Capital LLC

Guggenheim Capital LLC decreased its holdings in TransDigm Group Incorporated (NYSE:TDG - Free Report) by 53.7% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 1,280 shares of the aerospace company's stock after selling 1,485 shares during the period. Guggenheim Capital LLC's holdings in TransDigm Group were worth $1,622,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. boosted its position in TransDigm Group by 9.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,997,827 shares of the aerospace company's stock worth $2,851,160,000 after purchasing an additional 173,642 shares during the period. Triasima Portfolio Management inc. acquired a new stake in shares of TransDigm Group in the fourth quarter valued at about $911,000. Chicago Capital LLC raised its holdings in shares of TransDigm Group by 0.5% during the 4th quarter. Chicago Capital LLC now owns 51,740 shares of the aerospace company's stock valued at $65,568,000 after buying an additional 261 shares during the period. CIBC Asset Management Inc lifted its position in TransDigm Group by 4.7% during the 4th quarter. CIBC Asset Management Inc now owns 8,554 shares of the aerospace company's stock worth $10,840,000 after acquiring an additional 385 shares in the last quarter. Finally, Pictet Asset Management Holding SA boosted its holdings in TransDigm Group by 3.4% in the 4th quarter. Pictet Asset Management Holding SA now owns 25,574 shares of the aerospace company's stock worth $32,409,000 after acquiring an additional 846 shares during the period. 95.78% of the stock is owned by institutional investors and hedge funds.

TransDigm Group Trading Up 0.6 %

TDG traded up $8.04 on Friday, hitting $1,376.06. 43,489 shares of the company's stock were exchanged, compared to its average volume of 254,511. The stock has a fifty day moving average of $1,337.20 and a two-hundred day moving average of $1,320.39. TransDigm Group Incorporated has a twelve month low of $1,176.31 and a twelve month high of $1,451.32. The firm has a market cap of $77.18 billion, a PE ratio of 48.63, a P/E/G ratio of 2.76 and a beta of 1.08.

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, topping the consensus estimate of $6.73 by $0.84. The business had revenue of $2.01 billion for the quarter, compared to the consensus estimate of $2.03 billion. TransDigm Group had a negative return on equity of 42.87% and a net margin of 20.76%. The business's revenue was up 12.1% on a year-over-year basis. During the same quarter last year, the business posted $7.16 EPS. On average, analysts predict that TransDigm Group Incorporated will post 35.13 EPS for the current year.

Analyst Ratings Changes

A number of research firms have recently commented on TDG. UBS Group raised shares of TransDigm Group from a "neutral" rating to a "buy" rating and set a $1,595.00 target price on the stock in a research report on Monday, February 24th. Wells Fargo & Company cut their price objective on shares of TransDigm Group from $1,410.00 to $1,375.00 and set an "overweight" rating on the stock in a report on Tuesday, April 15th. Susquehanna raised their target price on TransDigm Group from $1,250.00 to $1,300.00 and gave the company a "neutral" rating in a research note on Wednesday, April 2nd. Barclays reiterated an "equal weight" rating and issued a $1,500.00 price target on shares of TransDigm Group in a research note on Monday, January 6th. Finally, Deutsche Bank Aktiengesellschaft downgraded TransDigm Group from a "buy" rating to a "hold" rating and dropped their price objective for the stock from $1,444.00 to $1,348.00 in a report on Thursday, January 2nd. Five investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. Based on data from MarketBeat.com, TransDigm Group currently has a consensus rating of "Moderate Buy" and a consensus price target of $1,464.41.

Insider Buying and Selling at TransDigm Group

In other TransDigm Group news, COO Joel Reiss sold 3,000 shares of the business's stock in a transaction on Thursday, March 20th. The stock was sold at an average price of $1,360.04, for a total transaction of $4,080,120.00. Following the completion of the transaction, the chief operating officer now owns 3,600 shares in the company, valued at approximately $4,896,144. The trade was a 45.45 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director W Nicholas Howley sold 5,472 shares of the firm's stock in a transaction on Tuesday, April 15th. The shares were sold at an average price of $1,346.30, for a total value of $7,366,953.60. Following the transaction, the director now directly owns 21,548 shares in the company, valued at $29,010,072.40. This trade represents a 20.25 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 124,894 shares of company stock valued at $167,450,256 in the last ninety days. Company insiders own 4.09% of the company's stock.

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.