Transdigm Group Incorporated (NYSE:TDG) Shares Sold by Csenge Advisory Group

Csenge Advisory Group cut its holdings in Transdigm Group Incorporated (NYSE:TDG - Free Report) by 20.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,940 shares of the aerospace company's stock after selling 745 shares during the period. Csenge Advisory Group's holdings in Transdigm Group were worth $3,933,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Proficio Capital Partners LLC grew its stake in Transdigm Group by 125.9% during the fourth quarter. Proficio Capital Partners LLC now owns 576 shares of the aerospace company's stock valued at $730,000 after acquiring an additional 321 shares in the last quarter. Commonwealth Equity Services LLC grew its stake in Transdigm Group by 174.5% during the fourth quarter. Commonwealth Equity Services LLC now owns 5,778 shares of the aerospace company's stock valued at $7,322,000 after acquiring an additional 3,673 shares in the last quarter. Axxcess Wealth Management LLC grew its stake in Transdigm Group by 93.0% during the fourth quarter. Axxcess Wealth Management LLC now owns 469 shares of the aerospace company's stock valued at $594,000 after acquiring an additional 226 shares in the last quarter. Teacher Retirement System of Texas grew its stake in Transdigm Group by 782.7% during the fourth quarter. Teacher Retirement System of Texas now owns 3,310 shares of the aerospace company's stock valued at $4,195,000 after acquiring an additional 2,935 shares in the last quarter. Finally, Douglass Winthrop Advisors LLC grew its stake in Transdigm Group by 0.4% during the fourth quarter. Douglass Winthrop Advisors LLC now owns 102,269 shares of the aerospace company's stock valued at $129,603,000 after acquiring an additional 358 shares in the last quarter. 95.78% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Transdigm Group news, CFO Sarah Wynne sold 1,800 shares of Transdigm Group stock in a transaction dated Friday, June 13th. The shares were sold at an average price of $1,450.00, for a total transaction of $2,610,000.00. Following the transaction, the chief financial officer directly owned 3,400 shares of the company's stock, valued at $4,930,000. The trade was a 34.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Robert J. Small sold 45,700 shares of Transdigm Group stock in a transaction dated Tuesday, June 10th. The stock was sold at an average price of $1,425.01, for a total transaction of $65,122,957.00. Following the transaction, the director directly owned 88,419 shares in the company, 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. Over the last quarter, insiders have sold 119,413 shares of company stock valued at $172,987,751. 4.09% of the stock is owned by company insiders.

Transdigm Group Stock Performance

Shares of Transdigm Group stock traded up $2.11 during trading on Friday, hitting $1,597.36. 225,970 shares of the company's stock were exchanged, compared to its average volume of 261,761. The business has a 50-day simple moving average of $1,471.71 and a 200-day simple moving average of $1,384.68. Transdigm Group Incorporated has a 52-week low of $1,176.31 and a 52-week high of $1,607.31. The stock has a market capitalization of $89.72 billion, a price-to-earnings ratio of 53.93, a PEG ratio of 3.23 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 earnings per share 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 analysts' expectations of $2.17 billion. During the same quarter in the previous year, the company earned $7.99 earnings per share. The firm's revenue for the quarter was up 12.0% on a year-over-year basis. On average, equities analysts anticipate that Transdigm Group Incorporated will post 35.13 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

TDG has been the subject of a number of recent research reports. Northcoast Research raised shares of Transdigm Group from a "neutral" rating to a "buy" rating and set a $1,500.00 price objective for the company in a research note on Wednesday, April 9th. Truist Financial upped their price target on shares of Transdigm Group from $1,553.00 to $1,730.00 and gave the company a "buy" rating in a report on Friday, July 11th. Citigroup upped their target price on shares of Transdigm Group from $1,635.00 to $1,795.00 and gave the stock a "buy" rating in a research note on Monday, July 14th. Wall Street Zen upgraded shares of Transdigm Group from a "hold" rating to a "buy" rating in a research note on Saturday, May 17th. Finally, The Goldman Sachs Group upped their target price on shares of Transdigm Group from $1,526.00 to $1,709.00 and gave the stock a "buy" rating in a research note on Monday, June 23rd. Four equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. According to MarketBeat.com, Transdigm Group presently has an average rating of "Moderate Buy" and an average target price 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.