TransDigm Group Incorporated (NYSE:TDG) Shares Bought by Czech National Bank

Czech National Bank boosted its stake in shares of TransDigm Group Incorporated (NYSE:TDG - Free Report) by 6.7% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 12,192 shares of the aerospace company's stock after acquiring an additional 762 shares during the period. Czech National Bank's holdings in TransDigm Group were worth $15,451,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in TDG. Souders Financial Advisors lifted its position in shares of TransDigm Group by 1.0% in the third quarter. Souders Financial Advisors now owns 797 shares of the aerospace company's stock valued at $1,137,000 after acquiring an additional 8 shares in the last quarter. Prosperity Financial Group Inc. lifted its holdings in TransDigm Group by 3.6% in the 3rd quarter. Prosperity Financial Group Inc. now owns 230 shares of the aerospace company's stock valued at $328,000 after purchasing an additional 8 shares in the last quarter. DT Investment Partners LLC boosted its stake in TransDigm Group by 68.8% during the 3rd quarter. DT Investment Partners LLC now owns 27 shares of the aerospace company's stock worth $39,000 after purchasing an additional 11 shares during the last quarter. Wellington Management Group LLP grew its holdings in shares of TransDigm Group by 0.6% during the third quarter. Wellington Management Group LLP now owns 1,913 shares of the aerospace company's stock worth $2,730,000 after buying an additional 11 shares in the last quarter. Finally, EverSource Wealth Advisors LLC raised its position in shares of TransDigm Group by 7.5% in the second quarter. EverSource Wealth Advisors LLC now owns 171 shares of the aerospace company's stock valued at $221,000 after buying an additional 12 shares during the last quarter. 95.78% of the stock is owned by hedge funds and other institutional investors.

TransDigm Group Price Performance

Shares of TDG traded up $20.65 during mid-day trading on Tuesday, reaching $1,299.11. 211,168 shares of the company's stock were exchanged, compared to its average volume of 261,346. The business's fifty day simple moving average is $1,279.71 and its 200-day simple moving average is $1,306.06. The stock has a market capitalization of $73.05 billion, a PE ratio of 50.75, a price-to-earnings-growth ratio of 2.89 and a beta of 1.38. TransDigm Group Incorporated has a 52-week low of $1,017.80 and a 52-week high of $1,451.32.

Insider Activity

In related news, CEO Kevin M. Stein sold 20,000 shares of the stock in a transaction on 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 completion of the sale, the chief executive officer now directly 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, COO Joel Reiss sold 3,000 shares of the firm's stock in a transaction on Friday, December 20th. The stock was sold at an average price of $1,257.09, for a total transaction of $3,771,270.00. Following the completion of the sale, the chief operating officer now owns 3,600 shares of the company's stock, valued at $4,525,524. This trade represents a 45.45 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 61,053 shares of company stock valued at $76,252,495. Insiders own 4.96% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. Deutsche Bank Aktiengesellschaft downgraded shares of 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 report on Thursday, January 2nd. JPMorgan Chase & Co. boosted their price objective on TransDigm Group from $1,435.00 to $1,555.00 and gave the stock a "neutral" rating in a research note on Monday, October 14th. KeyCorp raised their target price on TransDigm Group from $1,440.00 to $1,500.00 and gave the stock an "overweight" rating in a research note on Thursday, October 24th. StockNews.com raised shares of TransDigm Group from a "hold" rating to a "buy" rating in a report on Wednesday, January 8th. Finally, Wells Fargo & Company reduced 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 research report on Wednesday, December 11th. Eight research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company's stock. According to MarketBeat.com, TransDigm Group currently has a consensus rating of "Moderate Buy" and an average price target of $1,455.00.

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.