Motley Fool Asset Management LLC Purchases 419 Shares of TransDigm Group Incorporated (NYSE:TDG)

Motley Fool Asset Management LLC grew its stake in shares of TransDigm Group Incorporated (NYSE:TDG - Free Report) by 18.6% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 2,676 shares of the aerospace company's stock after purchasing an additional 419 shares during the period. Motley Fool Asset Management LLC's holdings in TransDigm Group were worth $3,391,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Public Sector Pension Investment Board boosted its holdings in TransDigm Group by 13.9% during the 3rd quarter. Public Sector Pension Investment Board now owns 2,453 shares of the aerospace company's stock worth $3,501,000 after acquiring an additional 300 shares during the last quarter. Captrust Financial Advisors lifted its position in shares of TransDigm Group by 0.8% during the third quarter. Captrust Financial Advisors now owns 2,449 shares of the aerospace company's stock valued at $3,494,000 after purchasing an additional 20 shares in the last quarter. Erste Asset Management GmbH purchased a new position in TransDigm Group during the third quarter worth about $29,000. Benjamin Edwards Inc. bought a new stake in TransDigm Group in the 3rd quarter worth about $1,550,000. Finally, Ascent Group LLC increased its stake in TransDigm Group by 2.1% in the 3rd quarter. Ascent Group LLC now owns 1,039 shares of the aerospace company's stock valued at $1,483,000 after buying an additional 21 shares during 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 company's stock in a transaction that occurred on Wednesday, January 15th. The stock was sold at an average price of $1,296.77, for a total value of $7,095,925.44. Following the completion of the sale, the director now owns 21,548 shares of the company's stock, valued at $27,942,799.96. This represents a 20.25 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Robert J. Small sold 3,650 shares of TransDigm Group stock in a transaction that occurred on Friday, February 14th. The stock was sold at an average price of $1,322.19, for a total transaction of $4,825,993.50. Following the transaction, the director now directly owns 15,539 shares in the company, valued at $20,545,510.41. This trade represents a 19.02 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 124,594 shares of company stock worth $165,646,468. 4.09% of the stock is currently owned by corporate insiders.

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TransDigm Group Trading Up 1.1 %

Shares of TDG stock traded up $13.59 during trading hours on Tuesday, reaching $1,263.14. The stock had a trading volume of 116,603 shares, compared to its average volume of 246,466. The stock's fifty day simple moving average is $1,342.05 and its 200 day simple moving average is $1,328.34. The firm has a market capitalization of $70.84 billion, a PE ratio of 44.59, 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 issued its quarterly earnings data 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 company had revenue of $2.01 billion during the quarter, compared to analyst estimates of $2.03 billion. During the same quarter in the previous year, the firm earned $7.16 earnings per share. TransDigm Group's revenue was up 12.1% on a year-over-year basis. As a group, equities research analysts anticipate that TransDigm Group Incorporated will post 35.13 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on TDG. Barclays restated an "equal weight" rating and issued a $1,500.00 target price on shares of TransDigm Group in a research note on Monday, January 6th. Truist Financial boosted their price objective on TransDigm Group from $1,482.00 to $1,534.00 and gave the stock a "buy" rating in a research report on Tuesday, January 14th. UBS Group raised TransDigm Group from a "neutral" rating to a "buy" rating and set a $1,595.00 target price for the company in a research report on Monday, February 24th. Deutsche Bank Aktiengesellschaft downgraded shares of TransDigm Group from a "buy" rating to a "hold" rating and cut their price target for the stock from $1,444.00 to $1,348.00 in a report on Thursday, January 2nd. Finally, Susquehanna raised their price objective on shares of TransDigm Group from $1,250.00 to $1,300.00 and gave the stock a "neutral" rating in a report on Wednesday, April 2nd. Six research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $1,480.12.

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.