TransDigm Group Incorporated (NYSE:TDG) Shares Sold by Natixis Advisors LLC

Natixis Advisors LLC decreased its holdings in TransDigm Group Incorporated (NYSE:TDG - Free Report) by 5.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 25,713 shares of the aerospace company's stock after selling 1,481 shares during the period. Natixis Advisors LLC's holdings in TransDigm Group were worth $32,586,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares 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 increased its holdings 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 buying an additional 16 shares during the last quarter. Trust Co. of Vermont increased 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 worth $32,000 after buying an additional 15 shares during the last quarter. Versant Capital Management Inc increased its holdings in shares of TransDigm Group by 225.0% during the 4th quarter. Versant Capital Management Inc now owns 26 shares of the aerospace company's stock worth $33,000 after buying an additional 18 shares during the last quarter. Finally, Sachetta LLC boosted its position in shares of TransDigm Group by 105.9% during the 4th quarter. Sachetta LLC now owns 35 shares of the aerospace company's stock worth $44,000 after purchasing an additional 18 shares during the period. Institutional investors and hedge funds own 95.78% of the company's stock.

Remove Ads

Analyst Ratings Changes

A number of equities analysts recently weighed in on TDG shares. Truist Financial increased their price objective on shares of TransDigm Group from $1,482.00 to $1,534.00 and gave the stock a "buy" rating in a research report on Tuesday, January 14th. Wells Fargo & Company raised shares of TransDigm Group from an "equal weight" rating to an "overweight" rating and increased their price objective for the stock from $1,375.00 to $1,500.00 in a research report on Friday, February 7th. Barclays reissued an "equal weight" rating and issued a $1,500.00 price target on shares of TransDigm Group in a research report on Monday, January 6th. Citigroup raised their price target 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. Finally, StockNews.com raised shares of TransDigm Group from a "hold" rating to a "buy" rating in a research report on Wednesday, January 8th. Six research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. Based on data from MarketBeat.com, TransDigm Group currently has a consensus rating of "Moderate Buy" and an average price target of $1,472.47.

TransDigm Group Stock Performance

NYSE TDG traded down $11.42 during trading on Thursday, reaching $1,359.90. The company's stock had a trading volume of 189,752 shares, compared to its average volume of 231,542. The firm has a market cap of $76.27 billion, a price-to-earnings ratio of 47.97, a P/E/G ratio of 2.76 and a beta of 1.38. TransDigm Group Incorporated has a twelve month low of $1,176.31 and a twelve month high of $1,451.32. The business's fifty day moving average price is $1,331.97 and its 200-day moving average price is $1,327.33.

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 analysts' consensus estimates of $6.73 by $0.84. The company had revenue of $2.01 billion for 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%. TransDigm Group's quarterly revenue was up 12.1% on a year-over-year basis. During the same period in the previous year, the business posted $7.16 earnings per share. As a group, sell-side analysts forecast that TransDigm Group Incorporated will post 35.13 EPS for the current fiscal year.

Insider Transactions at TransDigm Group

In related news, COO Joel Reiss sold 3,000 shares of the business's stock in a transaction dated Friday, December 20th. The shares were sold at an average price of $1,257.09, for a total transaction of $3,771,270.00. Following the sale, the chief operating officer now owns 3,600 shares of the company's stock, valued at approximately $4,525,524. The trade was a 45.45 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director W Nicholas Howley sold 5,472 shares of the business's stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of $1,296.77, for a total transaction of $7,095,925.44. Following the sale, the director now directly owns 21,548 shares in the company, valued at approximately $27,942,799.96. This represents a 20.25 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 124,594 shares of company stock worth $165,337,618 over the last ninety days. 4.09% of the stock is currently owned by company insiders.

TransDigm Group 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.