TransDigm Group Incorporated (NYSE:TDG) Shares Purchased by Holocene Advisors LP

Holocene Advisors LP boosted its holdings in TransDigm Group Incorporated (NYSE:TDG - Free Report) by 295.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 32,793 shares of the aerospace company's stock after acquiring an additional 24,503 shares during the quarter. Holocene Advisors LP owned 0.06% of TransDigm Group worth $46,800,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the company. Fortitude Family Office LLC boosted its position in TransDigm Group by 283.3% during the second quarter. Fortitude Family Office LLC now owns 23 shares of the aerospace company's stock valued at $29,000 after purchasing an additional 17 shares during the last quarter. First Personal Financial Services bought a new position in TransDigm Group during the third quarter valued at about $29,000. Erste Asset Management GmbH bought a new position in TransDigm Group during the third quarter valued at about $29,000. Meeder Asset Management Inc. boosted its holdings in TransDigm Group by 275.0% during the second quarter. Meeder Asset Management Inc. now owns 30 shares of the aerospace company's stock valued at $38,000 after purchasing an additional 22 shares in the last quarter. Finally, DT Investment Partners LLC boosted its holdings in TransDigm Group by 68.8% during the third quarter. DT Investment Partners LLC now owns 27 shares of the aerospace company's stock valued at $39,000 after purchasing an additional 11 shares in the last quarter. 95.78% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at TransDigm Group

In other TransDigm Group news, Director W Nicholas Howley sold 5,472 shares of TransDigm Group stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $1,402.85, for a total transaction of $7,676,395.20. Following the sale, the director now owns 21,548 shares of the company's stock, valued at $30,228,611.80. The trade was a 20.25 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, COO Joel Reiss sold 3,000 shares of TransDigm Group stock in a transaction on Tuesday, October 15th. The stock was sold at an average price of $1,401.75, for a total value of $4,205,250.00. Following the transaction, the chief operating officer now owns 3,600 shares in the company, valued at approximately $5,046,300. This represents a 45.45 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 16,944 shares of company stock worth $23,541,085. Insiders own 4.96% of the company's stock.

TransDigm Group Trading Down 0.2 %

Shares of NYSE:TDG traded down $2.41 during midday trading on Tuesday, reaching $1,258.06. 127,430 shares of the company were exchanged, compared to its average volume of 225,748. The business's fifty day moving average is $1,343.74 and its two-hundred day moving average is $1,316.69. TransDigm Group Incorporated has a one year low of $950.93 and a one year high of $1,451.32. The stock has a market cap of $70.74 billion, a PE ratio of 49.23, a price-to-earnings-growth ratio of 2.82 and a beta of 1.39.

TransDigm Group Increases Dividend

The company also recently announced a special dividend, which was paid on Friday, October 18th. Stockholders of record on Friday, October 4th were paid a $75.00 dividend. The ex-dividend date of this dividend was Friday, October 4th. This is an increase from TransDigm Group's previous special dividend of $32.50.

Analysts Set New Price Targets

Several research analysts have issued reports on TDG shares. UBS Group reduced their price objective on TransDigm Group from $1,466.00 to $1,423.00 and set a "neutral" rating on the stock in a report on Wednesday, August 7th. Citigroup reduced their target price on shares of TransDigm Group from $1,648.00 to $1,563.00 and set a "buy" rating for the company in a research note on Wednesday, November 6th. JPMorgan Chase & Co. increased their price objective on shares of TransDigm Group from $1,435.00 to $1,555.00 and gave the stock a "neutral" rating in a research note on Monday, October 14th. Morgan Stanley raised their target price on shares of TransDigm Group from $1,550.00 to $1,575.00 and gave the company an "overweight" rating in a research note on Wednesday, August 7th. Finally, KeyCorp increased their price target on shares of TransDigm Group from $1,440.00 to $1,500.00 and gave the company an "overweight" rating in a report on Thursday, October 24th. Six investment analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $1,461.82.

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.