TransDigm Group Incorporated (NYSE:TDG) Shares Sold by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS decreased its holdings in shares of TransDigm Group Incorporated (NYSE:TDG - Free Report) by 2.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,956 shares of the aerospace company's stock after selling 259 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS's holdings in TransDigm Group were worth $15,152,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Erste Asset Management GmbH acquired a new stake in TransDigm Group in the 3rd quarter valued at about $29,000. Capital Advisors Ltd. LLC grew its position in shares of TransDigm Group by 200.0% in the fourth quarter. Capital Advisors Ltd. LLC now owns 24 shares of the aerospace company's stock valued at $30,000 after purchasing an additional 16 shares in the last quarter. Trust Co. of Vermont increased its holdings in shares of TransDigm Group by 150.0% in the fourth quarter. Trust Co. of Vermont now owns 25 shares of the aerospace company's stock valued at $32,000 after purchasing an additional 15 shares during the last quarter. Versant Capital Management Inc lifted its position in TransDigm Group by 225.0% during the fourth quarter. Versant Capital Management Inc now owns 26 shares of the aerospace company's stock worth $33,000 after buying an additional 18 shares in the last quarter. Finally, Sachetta LLC boosted its stake in TransDigm Group by 105.9% during the fourth quarter. Sachetta LLC now owns 35 shares of the aerospace company's stock worth $44,000 after buying an additional 18 shares during the last quarter. 95.78% of the stock is currently owned by institutional investors and hedge funds.

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TransDigm Group Trading Up 1.0 %

TransDigm Group stock traded up $13.27 during midday trading on Tuesday, reaching $1,393.62. 186,787 shares of the stock traded hands, compared to its average volume of 232,814. The firm has a market cap of $78.16 billion, a PE ratio of 49.16, a price-to-earnings-growth ratio of 2.76 and a beta of 1.38. The company has a 50-day simple moving average of $1,337.26 and a two-hundred day simple moving average of $1,327.53. 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 posted its quarterly earnings data on Tuesday, February 4th. The aerospace company reported $7.57 EPS for the quarter, beating the consensus estimate of $6.73 by $0.84. The business had revenue of $2.01 billion during the quarter, compared to analyst estimates of $2.03 billion. TransDigm Group had a net margin of 20.76% and a negative return on equity of 42.87%. The business's revenue for the quarter was up 12.1% compared to the same quarter last year. During the same quarter last year, the firm posted $7.16 earnings per share. Equities research analysts anticipate that TransDigm Group Incorporated will post 35.13 earnings per share for the current year.

Insider Transactions at TransDigm Group

In other news, CEO Kevin M. Stein sold 20,000 shares of TransDigm Group stock in a transaction dated Monday, January 13th. The stock was sold at an average price of $1,267.21, for a total value of $25,344,200.00. Following the completion of the transaction, the chief executive officer now owns 8,158 shares in the company, valued at approximately $10,337,899.18. This trade represents a 71.03 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Robert J. Small sold 40,000 shares of the company's stock in a transaction that occurred on Thursday, March 6th. The stock was sold at an average price of $1,345.81, for a total transaction of $53,832,400.00. Following the sale, the director now owns 98,185 shares in the company, valued at $132,138,354.85. The trade was a 28.95 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 124,594 shares of company stock valued at $165,646,468. 4.09% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

TDG has been the topic of several analyst reports. StockNews.com upgraded TransDigm Group from a "hold" rating to a "buy" rating in a report on Wednesday, January 8th. Barclays reaffirmed an "equal weight" rating and set a $1,500.00 target price on shares of TransDigm Group in a research note on Monday, January 6th. UBS Group upgraded shares of TransDigm Group from a "neutral" rating to a "buy" rating and set a $1,595.00 target price on the stock in a report on Monday, February 24th. Citigroup raised their price target on shares of TransDigm Group from $1,563.00 to $1,600.00 and gave the stock a "buy" rating in a report on Thursday, December 5th. Finally, Truist Financial upped their price objective on TransDigm Group from $1,482.00 to $1,534.00 and gave the company a "buy" rating in a report on Tuesday, January 14th. Six investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, TransDigm Group presently has an average rating of "Moderate Buy" and an average target price of $1,477.18.

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.