Sanctuary Advisors LLC Has $9.79 Million Stock Position in TransDigm Group Incorporated (NYSE:TDG)

Sanctuary Advisors LLC lifted its position in TransDigm Group Incorporated (NYSE:TDG - Free Report) by 184.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,860 shares of the aerospace company's stock after buying an additional 4,452 shares during the quarter. Sanctuary Advisors LLC's holdings in TransDigm Group were worth $9,790,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in TDG. Souders Financial Advisors increased its stake in shares of TransDigm Group by 1.0% during the 3rd quarter. Souders Financial Advisors now owns 797 shares of the aerospace company's stock worth $1,137,000 after purchasing an additional 8 shares during the last quarter. Prosperity Financial Group Inc. increased its position in TransDigm Group by 3.6% during the third quarter. Prosperity Financial Group Inc. now owns 230 shares of the aerospace company's stock worth $328,000 after buying an additional 8 shares during the last quarter. Stablepoint Partners LLC raised its stake in TransDigm Group by 2.7% in the second quarter. Stablepoint Partners LLC now owns 418 shares of the aerospace company's stock valued at $517,000 after buying an additional 11 shares during the period. DT Investment Partners LLC lifted its position in shares of TransDigm Group by 68.8% in the third quarter. DT Investment Partners LLC now owns 27 shares of the aerospace company's stock valued at $39,000 after buying an additional 11 shares during the last quarter. Finally, Wellington Management Group LLP boosted its stake in shares of TransDigm Group by 0.6% during the 3rd quarter. Wellington Management Group LLP now owns 1,913 shares of the aerospace company's stock worth $2,730,000 after acquiring an additional 11 shares during the period. 95.78% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at TransDigm Group

In other news, COO Joel Reiss sold 3,000 shares of the firm's stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $1,375.89, for a total value of $4,127,670.00. Following the sale, the chief operating officer now directly owns 3,600 shares in the company, valued at approximately $4,953,204. This trade represents a 45.45 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director W Nicholas Howley sold 5,472 shares of the company's stock in a transaction that occurred on Tuesday, October 15th. The stock was sold at an average price of $1,402.85, for a total transaction of $7,676,395.20. Following the transaction, the director now owns 21,548 shares of the company's stock, valued at approximately $30,228,611.80. This represents a 20.25 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 16,944 shares of company stock valued at $23,541,085. 4.96% of the stock is currently owned by corporate insiders.

TransDigm Group Stock Up 1.5 %

Shares of NYSE:TDG traded up $18.60 during midday trading on Friday, hitting $1,259.12. The stock had a trading volume of 235,968 shares, compared to its average volume of 227,736. The company's 50-day moving average price is $1,317.27 and its 200-day moving average price is $1,313.01. TransDigm Group Incorporated has a fifty-two week low of $972.08 and a fifty-two week high of $1,451.32. The company has a market capitalization of $70.80 billion, a P/E ratio of 49.18, a price-to-earnings-growth ratio of 2.86 and a beta of 1.39.

TransDigm Group Increases Dividend

The company also recently disclosed a special dividend, which was paid on Friday, October 18th. Shareholders of record on Friday, October 4th were given a dividend of $75.00 per share. This is an increase from TransDigm Group's previous special dividend of $32.50. The ex-dividend date of this dividend was Friday, October 4th.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. Wells Fargo & Company dropped their price target on TransDigm Group from $1,500.00 to $1,375.00 and set an "equal weight" rating on the stock in a research note on Wednesday. JPMorgan Chase & Co. raised their target price on shares of 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 upped their price target on shares of TransDigm Group from $1,440.00 to $1,500.00 and gave the company an "overweight" rating in a research note on Thursday, October 24th. Deutsche Bank Aktiengesellschaft raised their price objective on shares of TransDigm Group from $1,524.00 to $1,577.00 and gave the stock a "buy" rating in a research report on Thursday, October 3rd. Finally, StockNews.com downgraded TransDigm Group from a "buy" rating to a "hold" rating in a research report on Friday, December 6th. Seven equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $1,465.47.

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.