TransDigm Group Incorporated (NYSE:TDG) Shares Sold by HWG Holdings LP

HWG Holdings LP cut its position in TransDigm Group Incorporated (NYSE:TDG - Free Report) by 46.0% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 305 shares of the aerospace company's stock after selling 260 shares during the quarter. HWG Holdings LP's holdings in TransDigm Group were worth $387,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Capital Advisors Ltd. LLC increased its holdings in shares of TransDigm Group by 200.0% during the fourth quarter. Capital Advisors Ltd. LLC now owns 24 shares of the aerospace company's stock valued at $30,000 after acquiring an additional 16 shares in the last quarter. Meeder Asset Management Inc. increased its holdings in shares of TransDigm Group by 210.0% during the fourth quarter. Meeder Asset Management Inc. now owns 31 shares of the aerospace company's stock valued at $39,000 after acquiring an additional 21 shares in the last quarter. CENTRAL TRUST Co increased its holdings in shares of TransDigm Group by 280.0% during the fourth quarter. CENTRAL TRUST Co now owns 57 shares of the aerospace company's stock valued at $72,000 after acquiring an additional 42 shares in the last quarter. Golden State Wealth Management LLC acquired a new position in shares of TransDigm Group during the fourth quarter valued at about $73,000. Finally, Whipplewood Advisors LLC acquired a new position in shares of TransDigm Group during the fourth quarter valued at about $74,000. 95.78% of the stock is currently owned by institutional investors.

Insider Activity

In related news, COO Joel Reiss sold 3,300 shares of the stock in a transaction on Monday, April 21st. The stock was sold at an average price of $1,321.80, for a total value of $4,361,940.00. Following the completion of the transaction, the chief operating officer now directly owns 3,600 shares of the company's stock, valued at approximately $4,758,480. This represents a 47.83% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director W Nicholas Howley sold 5,472 shares of the stock in a transaction on Tuesday, April 15th. The shares were sold at an average price of $1,346.30, for a total value of $7,366,953.60. Following the completion of the transaction, the director now directly owns 21,548 shares of the company's stock, valued at approximately $29,010,072.40. This represents a 20.25% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 149,713 shares of company stock worth $208,099,857 in the last quarter. Corporate insiders own 4.09% of the company's stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on TDG shares. UBS Group upped their price objective on shares of TransDigm Group from $1,451.00 to $1,645.00 and gave the company a "buy" rating in a report on Wednesday, May 7th. Susquehanna upped their target price on TransDigm Group from $1,250.00 to $1,300.00 and gave the company a "neutral" rating in a research report on Wednesday, April 2nd. Wells Fargo & Company upped 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. Truist Financial dropped their target price 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. Finally, Northcoast Research upgraded TransDigm Group from a "neutral" rating to a "buy" rating and set a $1,500.00 target price on the stock in a research report on Wednesday, April 9th. Five investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $1,492.36.

TransDigm Group Trading Up 0.5%

TransDigm Group stock traded up $7.51 during mid-day trading on Friday, hitting $1,468.19. The company had a trading volume of 374,966 shares, compared to its average volume of 262,428. TransDigm Group Incorporated has a 12-month low of $1,176.31 and a 12-month high of $1,488.54. The company has a market capitalization of $82.46 billion, a price-to-earnings ratio of 51.79, a P/E/G ratio of 2.76 and a beta of 1.09. The company's fifty day moving average is $1,377.21 and its 200-day moving average is $1,331.12.

TransDigm Group (NYSE:TDG - Get Free Report) last announced its earnings results on Tuesday, May 6th. The aerospace company reported $9.11 earnings per share (EPS) for the quarter, beating 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 analyst estimates of $2.17 billion. During the same quarter last year, the firm posted $7.99 EPS. The business's revenue was up 12.0% on a year-over-year basis. As a group, sell-side analysts expect that TransDigm Group Incorporated will post 35.13 EPS for the current fiscal year.

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.