TransDigm Group Incorporated (NYSE:TDG) Shares Bought by Mizuho Securities USA LLC

Mizuho Securities USA LLC raised its stake in shares of TransDigm Group Incorporated (NYSE:TDG - Free Report) by 267.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 15,836 shares of the aerospace company's stock after purchasing an additional 11,523 shares during the quarter. Mizuho Securities USA LLC's holdings in TransDigm Group were worth $22,600,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in TDG. Vanguard Group Inc. lifted its stake in shares of TransDigm Group by 1.0% in the 1st quarter. Vanguard Group Inc. now owns 6,047,083 shares of the aerospace company's stock valued at $7,447,587,000 after purchasing an additional 58,243 shares during the period. Capital World Investors increased its holdings in TransDigm Group by 14.3% in the 1st quarter. Capital World Investors now owns 3,535,539 shares of the aerospace company's stock worth $4,354,369,000 after acquiring an additional 442,182 shares in the last quarter. Capital Research Global Investors raised its position in shares of TransDigm Group by 1.6% during the 1st quarter. Capital Research Global Investors now owns 1,965,640 shares of the aerospace company's stock valued at $2,420,882,000 after purchasing an additional 30,393 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of TransDigm Group by 13.1% in the first quarter. JPMorgan Chase & Co. now owns 1,669,460 shares of the aerospace company's stock worth $2,056,109,000 after buying an additional 192,962 shares in the last quarter. Finally, Legal & General Group Plc grew its position in shares of TransDigm Group by 2.6% during the second quarter. Legal & General Group Plc now owns 365,745 shares of the aerospace company's stock valued at $467,282,000 after purchasing an additional 9,180 shares in the last quarter. 95.78% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at TransDigm Group

In other TransDigm Group news, Director W Nicholas Howley sold 5,472 shares of the firm's stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $1,376.42, for a total transaction of $7,531,770.24. Following the sale, the director now owns 21,548 shares of the company's stock, valued at approximately $29,659,098.16. This trade represents a 20.25 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Joel Reiss sold 3,000 shares of the business's stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $1,401.75, for a total transaction of $4,205,250.00. Following the completion of the sale, the chief operating officer now directly owns 3,600 shares of the company's stock, valued at approximately $5,046,300. This trade represents a 45.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 16,944 shares of company stock worth $23,541,085 in the last quarter. Company insiders own 4.96% of the company's stock.

Analysts Set New Price Targets

TDG has been the subject of several recent research reports. Citigroup dropped their price target on TransDigm Group from $1,648.00 to $1,563.00 and set a "buy" rating for the company in a research report on Wednesday, November 6th. UBS Group cut their price objective on shares of 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. Jefferies Financial Group lowered their price target on shares of TransDigm Group from $1,625.00 to $1,515.00 and set a "buy" rating on the stock in a report on Tuesday, August 13th. Northcoast Research initiated coverage on shares of TransDigm Group in a research report on Thursday, August 1st. They set a "neutral" rating on the stock. Finally, Wells Fargo & Company cut their price target on shares of TransDigm Group from $1,390.00 to $1,350.00 and set an "equal weight" rating on the stock in a report on Wednesday, August 7th. Six investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. According to MarketBeat.com, TransDigm Group currently has an average rating of "Moderate Buy" and an average target price of $1,461.82.

TransDigm Group Trading Down 1.4 %

TDG stock traded down $17.55 during mid-day trading on Friday, reaching $1,254.16. The company's stock had a trading volume of 481,098 shares, compared to its average volume of 220,220. The stock has a market cap of $70.52 billion, a PE ratio of 48.99, a P/E/G ratio of 2.41 and a beta of 1.43. The company's 50 day moving average is $1,366.93 and its two-hundred day moving average is $1,318.66. TransDigm Group Incorporated has a fifty-two week low of $949.99 and a fifty-two week high of $1,451.32.

TransDigm Group Increases Dividend

The business also recently announced a special dividend, which was paid on Friday, October 18th. Shareholders of record on Friday, October 4th were issued a $75.00 dividend. This is a boost from TransDigm Group's previous special dividend of $32.50. The ex-dividend date was Friday, October 4th.

TransDigm Group Company 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.