TransDigm Group Incorporated (NYSE:TDG) Position Decreased by Bluegrass Capital Partners LP

Bluegrass Capital Partners LP lowered its holdings in TransDigm Group Incorporated (NYSE:TDG - Free Report) by 4.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,500 shares of the aerospace company's stock after selling 500 shares during the period. TransDigm Group makes up 12.9% of Bluegrass Capital Partners LP's portfolio, making the stock its biggest position. Bluegrass Capital Partners LP's holdings in TransDigm Group were worth $14,574,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of TDG. First Personal Financial Services purchased a new stake in shares of TransDigm Group during the third quarter worth $29,000. Erste Asset Management GmbH purchased a new stake in shares of TransDigm Group during the 3rd quarter worth about $29,000. Capital Advisors Ltd. LLC raised its stake in shares of TransDigm Group by 200.0% during the 4th quarter. Capital Advisors Ltd. LLC now owns 24 shares of the aerospace company's stock worth $30,000 after purchasing an additional 16 shares in the last quarter. Trust Co. of Vermont lifted its holdings in shares of TransDigm Group by 150.0% during the 4th quarter. Trust Co. of Vermont now owns 25 shares of the aerospace company's stock valued at $32,000 after buying an additional 15 shares during the last quarter. Finally, Versant Capital Management Inc grew its stake in shares of TransDigm Group by 225.0% in the 4th quarter. Versant Capital Management Inc now owns 26 shares of the aerospace company's stock valued at $33,000 after buying an additional 18 shares in the last quarter. 95.78% of the stock is owned by institutional investors and hedge funds.

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TransDigm Group Trading Up 0.7 %

TDG stock traded up $9.19 during mid-day trading on Wednesday, reaching $1,329.06. The company's stock had a trading volume of 173,574 shares, compared to its average volume of 256,752. The company has a market cap of $74.54 billion, a price-to-earnings ratio of 46.87, a price-to-earnings-growth ratio of 2.76 and a beta of 1.38. TransDigm Group Incorporated has a 12 month low of $1,163.82 and a 12 month high of $1,451.32. The business's 50 day moving average price is $1,322.16 and its 200 day moving average price is $1,327.00.

TransDigm Group (NYSE:TDG - Get Free Report) last posted its quarterly earnings results on Tuesday, February 4th. The aerospace company reported $7.57 earnings per share for the quarter, beating the consensus estimate of $6.73 by $0.84. TransDigm Group had a net margin of 20.76% and a negative return on equity of 42.87%. The firm had revenue of $2.01 billion during the quarter, compared to the consensus estimate of $2.03 billion. During the same period in the previous year, the firm posted $7.16 earnings per share. The business's revenue was up 12.1% compared to the same quarter last year. As a group, equities analysts expect that TransDigm Group Incorporated will post 35.13 EPS for the current fiscal year.

Insider Buying and Selling

In other TransDigm Group news, Director W Nicholas Howley sold 5,472 shares of the firm's stock in a transaction dated 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 transaction, the director now owns 21,548 shares in the company, valued at $27,942,799.96. This trade represents a 20.25 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Kevin M. Stein sold 20,000 shares of the firm's stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $1,248.07, for a total transaction of $24,961,400.00. Following the completion of the transaction, the chief executive officer now owns 8,158 shares of the company's stock, valued at $10,181,755.06. This trade represents a 71.03 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 181,647 shares of company stock worth $236,483,623 in the last ninety days. Corporate insiders own 4.09% of the company's stock.

Wall Street Analysts Forecast Growth

TDG has been the topic of several recent analyst reports. Wells Fargo & Company raised TransDigm Group from an "equal weight" rating to an "overweight" rating and lifted their price target for the stock from $1,375.00 to $1,500.00 in a research report on Friday, February 7th. Barclays restated an "equal weight" rating and set a $1,500.00 target price on shares of TransDigm Group in a report on Monday, January 6th. Citigroup upped their price objective on shares of TransDigm Group from $1,563.00 to $1,600.00 and gave the company a "buy" rating in a research report on Thursday, December 5th. Deutsche Bank Aktiengesellschaft cut shares of TransDigm Group from a "buy" rating to a "hold" rating and reduced their price target for the company from $1,444.00 to $1,348.00 in a report on Thursday, January 2nd. Finally, Truist Financial increased their price objective on TransDigm Group from $1,482.00 to $1,534.00 and gave the stock a "buy" rating in a report on Tuesday, January 14th. Six analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $1,472.47.

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.