TransDigm Group Incorporated (NYSE:TDG) Shares Purchased by Aquatic Capital Management LLC

Aquatic Capital Management LLC increased its holdings in shares of TransDigm Group Incorporated (NYSE:TDG - Free Report) by 107.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,433 shares of the aerospace company's stock after purchasing an additional 2,813 shares during the quarter. Aquatic Capital Management LLC's holdings in TransDigm Group were worth $6,885,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Anchor Investment Management LLC grew its position in TransDigm Group by 5.0% during the third quarter. Anchor Investment Management LLC now owns 917 shares of the aerospace company's stock worth $1,309,000 after buying an additional 44 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in shares of TransDigm Group in the 3rd quarter valued at $618,000. Franklin Resources Inc. boosted its holdings in shares of TransDigm Group by 2.2% in the 3rd quarter. Franklin Resources Inc. now owns 205,543 shares of the aerospace company's stock valued at $290,151,000 after purchasing an additional 4,442 shares in the last quarter. Oddo BHF Asset Management Sas bought a new position in shares of TransDigm Group in the 3rd quarter valued at $716,000. Finally, JPMorgan Chase & Co. lifted its stake in shares of TransDigm Group by 9.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,997,827 shares of the aerospace company's stock valued at $2,851,160,000 after acquiring an additional 173,642 shares during the last quarter. Institutional investors and hedge funds own 95.78% of the company's stock.

TransDigm Group Stock Up 0.3 %

Shares of NYSE:TDG traded up $3.66 during trading on Wednesday, hitting $1,411.55. The stock had a trading volume of 217,560 shares, compared to its average volume of 255,372. TransDigm Group Incorporated has a 12-month low of $1,176.31 and a 12-month high of $1,451.32. The stock has a market capitalization of $79.17 billion, a price-to-earnings ratio of 49.79, a price-to-earnings-growth ratio of 2.76 and a beta of 1.08. The stock has a 50-day simple moving average of $1,341.77 and a two-hundred day simple moving average of $1,320.12.

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 firm had revenue of $2.01 billion during the quarter, compared to the consensus estimate of $2.03 billion. TransDigm Group had a negative return on equity of 42.87% and a net margin of 20.76%. The firm's revenue was up 12.1% compared to the same quarter last year. During the same period in the prior year, the company earned $7.16 EPS. As a group, sell-side analysts forecast that TransDigm Group Incorporated will post 35.13 earnings per share for the current year.

Insider Buying and Selling

In other TransDigm Group news, Director Robert J. Small sold 40,000 shares of the stock in a transaction dated Thursday, March 6th. The shares were sold at an average price of $1,345.81, for a total transaction of $53,832,400.00. Following the completion of the transaction, the director now owns 98,185 shares of the company's stock, valued at $132,138,354.85. This trade represents a 28.95 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Kevin M. Stein sold 20,000 shares of the stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $1,354.08, for a total transaction 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. This trade represents a 71.03 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 124,894 shares of company stock worth $167,450,256. Insiders own 4.09% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on TDG. Barclays reaffirmed an "equal weight" rating and set a $1,500.00 target price on shares of TransDigm Group in a research report on Monday, January 6th. Northcoast Research upgraded TransDigm Group from a "neutral" rating to a "buy" rating and set a $1,500.00 target price for the company in a report on Wednesday, April 9th. UBS Group upgraded TransDigm Group from a "neutral" rating to a "buy" rating and set a $1,595.00 price target on the stock in a report on Monday, February 24th. StockNews.com upgraded TransDigm Group from a "hold" rating to a "buy" rating in a report on Wednesday, April 23rd. Finally, Truist Financial cut their price target on TransDigm Group from $1,534.00 to $1,490.00 and set a "buy" rating on the stock in a report on Thursday, April 17th. Five 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, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $1,464.41.

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.