GF Fund Management CO. LTD. Makes New $8.35 Million Investment in TransDigm Group Incorporated (NYSE:TDG)

GF Fund Management CO. LTD. bought a new stake in shares of TransDigm Group Incorporated (NYSE:TDG - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 6,587 shares of the aerospace company's stock, valued at approximately $8,348,000.

Several other large investors have also added to or reduced their stakes in TDG. JPMorgan Chase & Co. grew its holdings 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 acquiring an additional 173,642 shares during the period. Ballentine Partners LLC boosted its position in TransDigm Group by 4.2% during the fourth quarter. Ballentine Partners LLC now owns 370 shares of the aerospace company's stock worth $469,000 after purchasing an additional 15 shares in the last quarter. Atomi Financial Group Inc. boosted its position in TransDigm Group by 20.4% during the fourth quarter. Atomi Financial Group Inc. now owns 236 shares of the aerospace company's stock worth $299,000 after purchasing an additional 40 shares in the last quarter. Simon Quick Advisors LLC boosted its position in TransDigm Group by 23.0% during the fourth quarter. Simon Quick Advisors LLC now owns 278 shares of the aerospace company's stock worth $352,000 after purchasing an additional 52 shares in the last quarter. Finally, Daymark Wealth Partners LLC boosted its position in TransDigm Group by 7.0% during the fourth quarter. Daymark Wealth Partners LLC now owns 200 shares of the aerospace company's stock worth $254,000 after purchasing an additional 13 shares in the last quarter. Hedge funds and other institutional investors own 95.78% of the company's stock.

Insiders Place Their Bets

In other news, Director Sean P. Hennessy sold 4,700 shares of TransDigm Group stock in a transaction on Tuesday, May 20th. The stock was sold at an average price of $1,436.52, for a total value of $6,751,644.00. Following the completion of the sale, the director now directly owns 33,713 shares of the company's stock, valued at approximately $48,429,398.76. The trade was a 12.24% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Robert J. Small sold 40,000 shares of TransDigm Group stock in a transaction on Thursday, March 6th. The shares were sold at an average price of $1,345.81, for a total value of $53,832,400.00. Following the completion of the sale, the director now directly owns 98,185 shares of the company's stock, valued at $132,138,354.85. The trade was a 28.95% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 149,713 shares of company stock valued at $208,099,857 over the last quarter. 4.09% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of equities analysts have issued reports on TDG shares. UBS Group increased their price target on TransDigm Group from $1,451.00 to $1,645.00 and gave the stock a "buy" rating in a research report on Wednesday, May 7th. Northcoast Research upgraded TransDigm Group from a "neutral" rating to a "buy" rating and set a $1,500.00 price target on the stock in a research report on Wednesday, April 9th. Truist Financial lowered their price target on TransDigm Group from $1,534.00 to $1,490.00 and set a "buy" rating on the stock in a research report on Thursday, April 17th. Susquehanna increased their price target on TransDigm Group from $1,250.00 to $1,300.00 and gave the stock a "neutral" rating in a research report on Wednesday, April 2nd. Finally, Wells Fargo & Company raised their target price on TransDigm Group from $1,375.00 to $1,540.00 and gave the company an "overweight" rating in a research report on Thursday, May 8th. Five investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to MarketBeat.com, TransDigm Group has an average rating of "Moderate Buy" and a consensus target price of $1,490.20.

TransDigm Group Price Performance

TransDigm Group stock traded up $21.44 during trading on Tuesday, reaching $1,452.94. 222,834 shares of the company were exchanged, compared to its average volume of 261,201. TransDigm Group Incorporated has a 52-week low of $1,176.31 and a 52-week high of $1,488.54. The company has a market capitalization of $81.61 billion, a P/E ratio of 51.25, a PEG ratio of 2.76 and a beta of 1.09. The stock's 50 day simple moving average is $1,369.96 and its two-hundred day simple moving average is $1,327.96.

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

About TransDigm Group

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.