Paragon Advisors LLC Acquires 224 Shares of TransDigm Group Incorporated (NYSE:TDG)

Paragon Advisors LLC increased its position in shares of TransDigm Group Incorporated (NYSE:TDG - Free Report) by 14.2% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,800 shares of the aerospace company's stock after purchasing an additional 224 shares during the quarter. Paragon Advisors LLC's holdings in TransDigm Group were worth $2,490,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in TDG. Bruce G. Allen Investments LLC increased its holdings in TransDigm Group by 111.1% during the 1st quarter. Bruce G. Allen Investments LLC now owns 19 shares of the aerospace company's stock valued at $26,000 after purchasing an additional 10 shares in the last quarter. Capital Advisors Ltd. LLC increased its holdings in shares of TransDigm Group by 200.0% in the fourth quarter. Capital Advisors Ltd. LLC now owns 24 shares of the aerospace company's stock valued at $30,000 after purchasing an additional 16 shares in the last quarter. Park Square Financial Group LLC acquired a new position in TransDigm Group during the 4th quarter worth $32,000. Meeder Asset Management Inc. lifted its stake 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 during the period. Finally, Golden State Wealth Management LLC acquired a new position in TransDigm Group during the 4th quarter valued at about $73,000. 95.78% of the stock is owned by institutional investors.

Insider Buying and Selling

In other TransDigm Group news, COO Joel Reiss sold 3,000 shares of TransDigm Group stock in a transaction on Tuesday, May 20th. The stock was sold at an average price of $1,434.35, for a total value of $4,303,050.00. Following the completion of the transaction, the chief operating officer now directly owns 3,600 shares of the company's stock, valued at $5,163,660. The trade was a 45.45% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director W Nicholas Howley sold 49,241 shares of the firm's stock in a transaction on Monday, May 5th. The stock was sold at an average price of $1,475.85, for a total value of $72,672,329.85. Following the completion of the transaction, the director now owns 21,548 shares in the company, valued at $31,801,615.80. The trade was a 69.56% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 89,713 shares of company stock valued at $127,463,457. 4.09% of the stock is owned by company insiders.

TransDigm Group Price Performance

NYSE TDG traded down $25.34 during trading on Tuesday, reaching $1,434.72. 258,075 shares of the company's stock were exchanged, compared to its average volume of 261,979. The business has a 50 day moving average price of $1,385.12 and a 200-day moving average price of $1,339.52. The stock has a market capitalization of $80.58 billion, a P/E ratio of 50.61, a PEG ratio of 2.76 and a beta of 1.05. TransDigm Group Incorporated has a fifty-two week low of $1,176.31 and a fifty-two week high of $1,488.54.

TransDigm Group (NYSE:TDG - Get Free Report) last announced its earnings results on Tuesday, May 6th. The aerospace company reported $9.11 EPS for the quarter, topping the consensus estimate of $8.83 by $0.28. The business had revenue of $2.15 billion during 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%. TransDigm Group's revenue was up 12.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $7.99 EPS. On average, analysts forecast that TransDigm Group Incorporated will post 35.13 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the stock. Wall Street Zen raised shares of TransDigm Group from a "hold" rating to a "buy" rating in a research note on Saturday, May 17th. Wells Fargo & Company boosted their target price on TransDigm Group from $1,375.00 to $1,540.00 and gave the stock an "overweight" rating in a research report on Thursday, May 8th. Susquehanna increased their price target on shares of 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. Truist Financial reduced their price objective on shares of TransDigm Group from $1,534.00 to $1,490.00 and set a "buy" rating on the stock in a research note on Thursday, April 17th. Finally, UBS Group increased their target price on shares of TransDigm Group from $1,451.00 to $1,645.00 and gave the stock a "buy" rating in a report on Wednesday, May 7th. Four analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $1,505.23.

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.