AMS Capital Ltda Acquires 1,720 Shares of TransDigm Group Incorporated (NYSE:TDG)

AMS Capital Ltda boosted its holdings in shares of TransDigm Group Incorporated (NYSE:TDG - Free Report) by 25.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,612 shares of the aerospace company's stock after buying an additional 1,720 shares during the quarter. TransDigm Group makes up approximately 4.9% of AMS Capital Ltda's investment portfolio, making the stock its 8th largest position. AMS Capital Ltda's holdings in TransDigm Group were worth $11,913,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in TDG. JPMorgan Chase & Co. lifted its stake in TransDigm Group by 9.5% during the third quarter. JPMorgan Chase & Co. now owns 1,997,827 shares of the aerospace company's stock worth $2,851,160,000 after purchasing an additional 173,642 shares during the last quarter. U.S. Capital Wealth Advisors LLC bought a new stake in TransDigm Group during the fourth quarter worth $349,000. CENTRAL TRUST Co lifted its stake in TransDigm Group by 280.0% during the fourth quarter. CENTRAL TRUST Co now owns 57 shares of the aerospace company's stock worth $72,000 after purchasing an additional 42 shares during the last quarter. Trust Point Inc. bought a new position in shares of TransDigm Group in the 4th quarter valued at $511,000. Finally, Mather Group LLC. lifted its stake in shares of TransDigm Group by 17.9% in the 4th quarter. Mather Group LLC. now owns 349 shares of the aerospace company's stock valued at $442,000 after acquiring an additional 53 shares during the last quarter. Institutional investors own 95.78% of the company's stock.

Insider Transactions at TransDigm Group

In related news, Director W Nicholas Howley sold 49,241 shares of TransDigm Group stock in a transaction that occurred on Monday, May 5th. The shares were sold at an average price of $1,475.85, for a total value of $72,672,329.85. Following the completion of the sale, the director now owns 21,548 shares in the company, valued at approximately $31,801,615.80. This trade represents a 69.56% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Robert J. Small sold 20,000 shares of the business's stock in a transaction on Monday, March 10th. The shares were sold at an average price of $1,340.20, for a total transaction of $26,804,000.00. Following the completion of the sale, the director now directly owns 95,356 shares of the company's stock, valued at approximately $127,796,111.20. This trade represents a 17.34% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 109,713 shares of company stock worth $154,267,457 over the last 90 days. 4.09% of the stock is currently owned by company insiders.

TransDigm Group Stock Down 0.4%

TDG traded down $6.26 during trading on Thursday, reaching $1,442.44. The company had a trading volume of 237,219 shares, compared to its average volume of 262,538. The stock has a market cap of $81.02 billion, a P/E ratio of 50.88, a PEG ratio of 2.76 and a beta of 1.05. The business has a 50 day simple moving average of $1,381.29 and a 200-day simple moving average of $1,334.36. TransDigm Group Incorporated has a 52 week low of $1,176.31 and a 52 week high of $1,488.54.

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. The company had revenue of $2.15 billion for the quarter, compared to the consensus estimate of $2.17 billion. TransDigm Group had a net margin of 20.76% and a negative return on equity of 42.87%. The firm's revenue was up 12.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $7.99 EPS. As a group, equities research analysts expect that TransDigm Group Incorporated will post 35.13 EPS for the current fiscal year.

Analyst Ratings Changes

TDG has been the subject of a number of recent research reports. Northcoast Research upgraded TransDigm Group from a "neutral" rating to a "buy" rating and set a $1,500.00 price objective for the company in a report on Wednesday, April 9th. Wells Fargo & Company increased their price objective 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. Susquehanna increased their price objective on TransDigm Group from $1,250.00 to $1,300.00 and gave the company a "neutral" rating in a report on Wednesday, April 2nd. UBS Group increased their price objective 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. Finally, Truist Financial decreased their price objective on TransDigm Group from $1,534.00 to $1,490.00 and set a "buy" rating for the company in a report on Thursday, April 17th. Five analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to MarketBeat, TransDigm Group has a consensus rating of "Moderate Buy" and an average target price of $1,492.36.

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.