Aubrey Capital Management Ltd Acquires New Shares in TransDigm Group Incorporated (NYSE:TDG)

Aubrey Capital Management Ltd purchased a new position in TransDigm Group Incorporated (NYSE:TDG - Free Report) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 1,500 shares of the aerospace company's stock, valued at approximately $2,075,000.

A number of other institutional investors have also modified their holdings of the business. Bruce G. Allen Investments LLC grew its position in shares of TransDigm Group by 111.1% during the first quarter. Bruce G. Allen Investments LLC now owns 19 shares of the aerospace company's stock worth $26,000 after acquiring an additional 10 shares during the last quarter. Capital Advisors Ltd. LLC boosted its stake in TransDigm Group by 200.0% during the 4th 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 during the period. Park Square Financial Group LLC acquired a new position in TransDigm Group during the 4th quarter valued at about $32,000. Meeder Asset Management Inc. boosted its stake in TransDigm Group by 210.0% during the 4th quarter. Meeder Asset Management Inc. now owns 31 shares of the aerospace company's stock valued at $39,000 after purchasing an additional 21 shares during the period. Finally, Whipplewood Advisors LLC bought a new stake in shares of TransDigm Group during the fourth quarter valued at approximately $74,000. Institutional investors own 95.78% of the company's stock.

TransDigm Group Price Performance

NYSE TDG traded up $1.76 on Friday, hitting $1,437.60. 318,150 shares of the company were exchanged, compared to its average volume of 263,489. TransDigm Group Incorporated has a twelve month low of $1,176.31 and a twelve month high of $1,488.54. The company's 50 day moving average price is $1,394.11 and its 200-day moving average price is $1,342.01. The firm has a market capitalization of $80.75 billion, a P/E ratio of 50.71, a price-to-earnings-growth ratio of 2.76 and a beta of 1.05.

TransDigm Group (NYSE:TDG - Get Free Report) last issued its quarterly earnings results on Tuesday, May 6th. The aerospace company reported $9.11 EPS for the quarter, beating the consensus estimate of $8.83 by $0.28. TransDigm Group had a net margin of 20.76% and a negative return on equity of 42.87%. The business had revenue of $2.15 billion during the quarter, compared to the consensus estimate of $2.17 billion. During the same quarter in the prior year, the firm earned $7.99 EPS. The firm's quarterly revenue was up 12.0% on a year-over-year basis. As a group, equities analysts expect that TransDigm Group Incorporated will post 35.13 EPS for the current year.

Insider Buying and Selling at TransDigm Group

In other TransDigm Group news, COO Joel Reiss sold 3,000 shares of the business's stock in a transaction 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 $4,896,144. The trade was a 45.45% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Kevin M. Stein sold 20,000 shares of the business's stock in a transaction on Monday, April 14th. The shares were sold at an average price of $1,329.61, for a total transaction of $26,592,200.00. Following the transaction, the chief executive officer now owns 8,158 shares in the company, valued at approximately $10,846,958.38. This represents a 71.03% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 139,413 shares of company stock valued at $198,508,074 in the last three months. 4.09% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on TDG shares. Northcoast Research raised TransDigm Group from a "neutral" rating to a "buy" rating and set a $1,500.00 price target on the stock in a report on Wednesday, April 9th. 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. UBS Group lifted their price target on TransDigm Group from $1,451.00 to $1,645.00 and gave the company a "buy" rating in a report on Wednesday, May 7th. Wells Fargo & Company lifted their price target on TransDigm Group from $1,375.00 to $1,540.00 and gave the company an "overweight" rating in a report on Thursday, May 8th. Finally, Wall Street Zen raised TransDigm Group from a "hold" rating to a "buy" rating in a report on Saturday, May 17th. Four equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $1,505.23.

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.