200 Shares in TransDigm Group Incorporated (NYSE:TDG) Purchased by Tucker Asset Management LLC

Tucker Asset Management LLC bought a new stake in shares of TransDigm Group Incorporated (NYSE:TDG - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 200 shares of the aerospace company's stock, valued at approximately $253,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Erste Asset Management GmbH bought a new position in shares of TransDigm Group in the 3rd quarter worth approximately $29,000. Capital Advisors Ltd. LLC raised its holdings in TransDigm Group by 200.0% in the fourth 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 position in TransDigm Group by 150.0% during the fourth 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 period. Versant Capital Management Inc boosted 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 valued at $33,000 after buying an additional 18 shares in the last quarter. Finally, Sachetta LLC grew its position in shares of TransDigm Group by 105.9% in the 4th quarter. Sachetta LLC now owns 35 shares of the aerospace company's stock worth $44,000 after buying an additional 18 shares during the period. Institutional investors own 95.78% of the company's stock.

TransDigm Group Stock Performance

Shares of TDG stock traded up $9.94 during mid-day trading on Wednesday, reaching $1,407.38. 107,237 shares of the company's stock traded hands, compared to its average volume of 242,403. The firm has a market capitalization of $78.93 billion, a PE ratio of 49.64, a price-to-earnings-growth ratio of 2.76 and a beta of 1.38. TransDigm Group Incorporated has a 12 month low of $1,176.31 and a 12 month high of $1,451.32. The firm has a 50 day moving average price of $1,344.78 and a two-hundred day moving average price of $1,330.16.

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

Analyst Upgrades and Downgrades

TDG has been the topic of several analyst reports. Wells Fargo & Company boosted their target price on TransDigm Group from $1,500.00 to $1,580.00 and gave the stock an "overweight" rating in a report on Tuesday, March 25th. Susquehanna raised their price objective on shares of TransDigm Group from $1,250.00 to $1,300.00 and gave the company a "neutral" rating in a research note on Wednesday. Deutsche Bank Aktiengesellschaft cut shares of TransDigm Group from a "buy" rating to a "hold" rating and decreased their target price for the stock from $1,444.00 to $1,348.00 in a report on Thursday, January 2nd. StockNews.com cut shares of TransDigm Group from a "buy" rating to a "hold" rating in a report on Monday. 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 research report on Tuesday, January 14th. Seven equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $1,480.12.

Insiders Place Their Bets

In related news, CEO Kevin M. Stein sold 20,000 shares of the business's stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $1,354.08, for a total value of $27,081,600.00. Following the transaction, the chief executive officer now directly owns 8,158 shares of the company's stock, valued at approximately $11,046,584.64. The trade was a 71.03 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, COO Joel Reiss sold 3,000 shares of the stock in a transaction that occurred on Thursday, March 20th. The shares were sold at an average price of $1,360.04, for a total transaction of $4,080,120.00. Following the sale, the chief operating officer now directly owns 3,600 shares of the company's stock, valued at approximately $4,896,144. This trade represents a 45.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 124,594 shares of company stock worth $165,646,468. Company insiders own 4.09% of the company's stock.

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.