Maestria Partners LLC Invests $21.19 Million in Transdigm Group Incorporated (NYSE:TDG)

Maestria Partners LLC acquired a new position in Transdigm Group Incorporated (NYSE:TDG - Free Report) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 15,318 shares of the aerospace company's stock, valued at approximately $21,189,000. Transdigm Group makes up about 9.0% of Maestria Partners LLC's investment portfolio, making the stock its 5th largest holding.

A number of other institutional investors have also added to or reduced their stakes in the company. Bruce G. Allen Investments LLC grew its position in Transdigm Group by 111.1% during the first quarter. Bruce G. Allen Investments LLC now owns 19 shares of the aerospace company's stock valued at $26,000 after buying an additional 10 shares during the period. Winch Advisory Services LLC raised its position in Transdigm Group by 53.8% in the first quarter. Winch Advisory Services LLC now owns 20 shares of the aerospace company's stock worth $28,000 after acquiring an additional 7 shares during the period. Park Square Financial Group LLC bought a new stake in Transdigm Group in the fourth quarter worth about $32,000. Meeder Asset Management Inc. raised its position in Transdigm Group by 210.0% in the fourth quarter. Meeder Asset Management Inc. now owns 31 shares of the aerospace company's stock worth $39,000 after acquiring an additional 21 shares during the period. Finally, Wayfinding Financial LLC bought a new stake in Transdigm Group in the first quarter worth about $75,000. 95.78% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, Director Sean P. Hennessy sold 4,700 shares of the firm's stock in a transaction that occurred on Tuesday, May 20th. The shares were sold at an average price of $1,436.52, for a total value of $6,751,644.00. Following the completion of the transaction, the director directly owned 33,713 shares in the company, valued at approximately $48,429,398.76. This trade represents a 12.24% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Robert J. Small sold 45,700 shares of the firm's stock in a transaction that occurred on Tuesday, June 10th. The shares were sold at an average price of $1,425.01, for a total transaction of $65,122,957.00. Following the completion of the transaction, the director owned 88,419 shares of the company's stock, valued at $125,997,959.19. This trade represents a 34.07% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 119,113 shares of company stock valued at $173,419,391 in the last three months. Insiders own 4.09% of the company's stock.

Transdigm Group Trading Up 0.4%

Shares of TDG stock traded up $6.85 during trading hours on Friday, reaching $1,606.09. The stock had a trading volume of 200,223 shares, compared to its average volume of 224,248. The stock's fifty day simple moving average is $1,489.82 and its 200 day simple moving average is $1,396.09. Transdigm Group Incorporated has a 12 month low of $1,176.31 and a 12 month high of $1,615.35. The firm has a market capitalization of $90.21 billion, a PE ratio of 54.22, a PEG ratio of 3.25 and a beta of 1.04.

Transdigm Group (NYSE:TDG - Get Free Report) last released its quarterly earnings data on Tuesday, May 6th. The aerospace company reported $9.11 EPS for the quarter, beating analysts' consensus estimates of $8.83 by $0.28. Transdigm Group had a net margin of 21.09% and a negative return on equity of 38.71%. The company had revenue of $2.15 billion during the quarter, compared to analyst estimates of $2.17 billion. During the same period last year, the business earned $7.99 earnings per share. Transdigm Group's revenue was up 12.0% compared to the same quarter last year. As a group, equities research analysts anticipate that Transdigm Group Incorporated will post 35.13 EPS for the current fiscal year.

Wall Street Analyst Weigh In

TDG has been the topic of several research reports. Susquehanna lifted their price objective on shares of Transdigm Group from $1,300.00 to $1,600.00 and gave the stock a "neutral" rating in a research report on Monday, July 14th. KeyCorp lifted their price objective on shares of Transdigm Group from $1,500.00 to $1,700.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 2nd. Wall Street Zen raised shares of Transdigm Group from a "hold" rating to a "buy" rating in a research report on Saturday, May 17th. Northcoast Research raised shares of Transdigm Group from a "neutral" rating to a "buy" rating and set a $1,500.00 price objective on the stock in a research report on Wednesday, April 9th. Finally, Morgan Stanley lifted their price objective on shares of Transdigm Group from $1,575.00 to $1,750.00 and gave the stock an "overweight" rating in a research report on Thursday, July 17th. Four equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $1,606.47.

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.