Analysts Set TransDigm Group Incorporated (NYSE:TDG) Price Target at $1,452.00

TransDigm Group Incorporated (NYSE:TDG - Get Free Report) has earned a consensus rating of "Moderate Buy" from the eighteen analysts that are presently covering the company, MarketBeat.com reports. Eight equities research analysts have rated the stock with a hold rating and ten have issued a buy rating on the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $1,452.00.

Several equities analysts recently commented on the stock. Wells Fargo & Company cut their price target on shares of TransDigm Group from $1,500.00 to $1,375.00 and set an "equal weight" rating on the stock in a report on Wednesday, December 11th. Citigroup upped their target price on TransDigm Group from $1,563.00 to $1,600.00 and gave the company a "buy" rating in a research note on Thursday, December 5th. Barclays reissued an "equal weight" rating and set a $1,500.00 price target on shares of TransDigm Group in a research note on Monday, January 6th. Deutsche Bank Aktiengesellschaft downgraded TransDigm Group from a "buy" rating to a "hold" rating and cut their price objective for the company from $1,444.00 to $1,348.00 in a research report on Thursday, January 2nd. Finally, JPMorgan Chase & Co. lifted their target price on TransDigm Group from $1,435.00 to $1,555.00 and gave the stock a "neutral" rating in a research report on Monday, October 14th.

Insider Transactions at TransDigm Group

In other news, CEO Kevin M. Stein sold 20,000 shares of the business's stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of $1,248.07, for a total transaction of $24,961,400.00. Following the sale, the chief executive officer now owns 8,158 shares in the company, valued at approximately $10,181,755.06. The trade was a 71.03 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director W Nicholas Howley sold 5,472 shares of the stock in a transaction that occurred 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 completion of the transaction, the director now directly owns 21,548 shares of the company's stock, valued at $30,228,611.80. The trade was a 20.25 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 69,525 shares of company stock valued at $88,134,141 in the last 90 days. Insiders own 4.96% of the company's stock.

Institutional Trading of TransDigm Group

Several large investors have recently added to or reduced their stakes in TDG. First Personal Financial Services acquired a new stake in shares of TransDigm Group during the third quarter worth about $29,000. Erste Asset Management GmbH purchased a new position in TransDigm Group during the 3rd quarter worth approximately $29,000. Versant Capital Management Inc lifted its stake in TransDigm Group by 225.0% during the 4th quarter. Versant Capital Management Inc now owns 26 shares of the aerospace company's stock valued at $33,000 after acquiring an additional 18 shares during the period. DT Investment Partners LLC boosted its holdings in shares of TransDigm Group by 68.8% in the 3rd quarter. DT Investment Partners LLC now owns 27 shares of the aerospace company's stock valued at $39,000 after acquiring an additional 11 shares during the last quarter. Finally, Meeder Asset Management Inc. increased its stake in shares of TransDigm Group by 275.0% in the second quarter. Meeder Asset Management Inc. now owns 30 shares of the aerospace company's stock worth $38,000 after acquiring an additional 22 shares during the period. Hedge funds and other institutional investors own 95.78% of the company's stock.

TransDigm Group Stock Down 1.6 %

NYSE TDG opened at $1,262.41 on Monday. TransDigm Group has a 52 week low of $1,004.25 and a 52 week high of $1,451.32. The firm has a market capitalization of $70.99 billion, a price-to-earnings ratio of 49.31, a PEG ratio of 2.89 and a beta of 1.38. The company has a fifty day moving average of $1,281.23 and a two-hundred day moving average of $1,305.98.

About TransDigm Group

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.