Kennedy Capital Management LLC Sells 245 Shares of TransDigm Group Incorporated (NYSE:TDG)

Kennedy Capital Management LLC decreased its stake in TransDigm Group Incorporated (NYSE:TDG - Free Report) by 4.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,729 shares of the aerospace company's stock after selling 245 shares during the period. Kennedy Capital Management LLC's holdings in TransDigm Group were worth $7,260,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Wellington Management Group LLP raised its position in TransDigm Group by 0.6% in the 3rd quarter. Wellington Management Group LLP now owns 1,913 shares of the aerospace company's stock worth $2,730,000 after purchasing an additional 11 shares during the period. XTX Topco Ltd bought a new stake in shares of TransDigm Group in the 3rd quarter valued at about $253,000. Orion Portfolio Solutions LLC grew its position in TransDigm Group by 6.1% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 1,068 shares of the aerospace company's stock worth $1,524,000 after acquiring an additional 61 shares during the last quarter. Coldstream Capital Management Inc. increased its stake in TransDigm Group by 11.5% in the 3rd quarter. Coldstream Capital Management Inc. now owns 668 shares of the aerospace company's stock worth $949,000 after purchasing an additional 69 shares during the period. Finally, Anchor Investment Management LLC lifted its position in TransDigm Group by 5.0% in the third quarter. Anchor Investment Management LLC now owns 917 shares of the aerospace company's stock valued at $1,309,000 after purchasing an additional 44 shares during the last quarter. Hedge funds and other institutional investors own 95.78% of the company's stock.

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Analysts Set New Price Targets

Several research analysts recently commented on the stock. 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. Susquehanna boosted their price target on TransDigm Group from $1,250.00 to $1,300.00 and gave the company a "neutral" rating in a report on Wednesday, April 2nd. UBS Group upgraded TransDigm Group from a "neutral" rating to a "buy" rating and set a $1,595.00 price objective for the company in a report on Monday, February 24th. Wells Fargo & Company decreased their target price on TransDigm Group from $1,410.00 to $1,375.00 and set an "overweight" rating for the company in a report on Tuesday. Finally, Deutsche Bank Aktiengesellschaft lowered TransDigm Group from a "buy" rating to a "hold" rating and dropped their price target for the stock from $1,444.00 to $1,348.00 in a research note on Thursday, January 2nd. Five analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company's stock. Based on data from MarketBeat, TransDigm Group has a consensus rating of "Moderate Buy" and a consensus price target of $1,469.83.

TransDigm Group Trading Up 1.7 %

TransDigm Group stock traded up $22.97 during mid-day trading on Tuesday, hitting $1,360.10. The company had a trading volume of 575,480 shares, compared to its average volume of 252,635. The stock's 50 day moving average price is $1,336.02 and its two-hundred day moving average price is $1,322.97. The company has a market capitalization of $76.28 billion, a PE ratio of 47.98, a price-to-earnings-growth 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 quarterly earnings data on Tuesday, February 4th. The aerospace company reported $7.57 earnings per share for the quarter, topping analysts' consensus estimates of $6.73 by $0.84. The company had revenue of $2.01 billion during the quarter, compared to analyst estimates of $2.03 billion. TransDigm Group had a net margin of 20.76% and a negative return on equity of 42.87%. The firm's revenue for the quarter was up 12.1% on a year-over-year basis. During the same period in the previous year, the business earned $7.16 EPS. Equities research analysts anticipate that TransDigm Group Incorporated will post 35.13 EPS for the current year.

Insider Transactions at TransDigm Group

In related news, Director Robert J. Small sold 1,000 shares of TransDigm Group stock in a transaction on Thursday, March 13th. The stock was sold at an average price of $1,335.22, for a total transaction of $1,335,220.00. Following the transaction, the director now directly owns 95,147 shares in the company, valued at approximately $127,042,177.34. The trade was a 1.04 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Joel Reiss sold 3,000 shares of the business's stock in a transaction dated Tuesday, January 21st. The shares were sold at an average price of $1,359.06, for a total value of $4,077,180.00. Following the sale, 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 position. The disclosure for this sale can be found here. Insiders sold 104,594 shares of company stock worth $140,302,268 over the last three months. 4.09% of the stock is currently owned by company insiders.

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.