SG Americas Securities LLC Has $1.16 Million Stake in Transdigm Group Incorporated (NYSE:TDG)

SG Americas Securities LLC decreased its holdings in Transdigm Group Incorporated (NYSE:TDG - Free Report) by 38.0% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 840 shares of the aerospace company's stock after selling 515 shares during the period. SG Americas Securities LLC's holdings in Transdigm Group were worth $1,162,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of TDG. GAMMA Investing LLC grew its position in shares of Transdigm Group by 177,412.3% in the first quarter. GAMMA Investing LLC now owns 1,240,811 shares of the aerospace company's stock valued at $1,716,401,000 after purchasing an additional 1,240,112 shares during the last quarter. Norges Bank acquired a new position in shares of Transdigm Group in the fourth quarter valued at approximately $973,353,000. Proficio Capital Partners LLC grew its position in Transdigm Group by 286,247.1% during the fourth quarter. Proficio Capital Partners LLC now owns 730,185 shares of the aerospace company's stock worth $925,349,000 after buying an additional 729,930 shares in the last quarter. Edgewood Management LLC acquired a new stake in Transdigm Group during the fourth quarter worth approximately $399,595,000. Finally, JPMorgan Chase & Co. grew its position in Transdigm Group by 10.4% during the fourth quarter. JPMorgan Chase & Co. now owns 2,204,649 shares of the aerospace company's stock worth $2,793,908,000 after buying an additional 206,822 shares in the last quarter. Institutional investors own 95.78% of the company's stock.

Analyst Upgrades and Downgrades

TDG has been the topic of a number of analyst reports. Northcoast Research raised 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. Susquehanna raised their target price 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. 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 report on Thursday, May 8th. UBS Group raised their target price 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, Wall Street Zen raised Transdigm Group from a "hold" rating to a "buy" rating in a report on Saturday, May 17th. Four equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $1,505.23.

Transdigm Group Trading Down 0.8%

NYSE:TDG traded down $11.46 during trading hours on Thursday, hitting $1,413.92. 295,927 shares of the company were exchanged, compared to its average volume of 264,312. The stock has a market capitalization of $79.42 billion, a price-to-earnings ratio of 47.74, a price-to-earnings-growth ratio of 3.02 and a beta of 1.05. Transdigm Group Incorporated has a one year low of $1,176.31 and a one year high of $1,488.54. The company has a fifty day simple moving average of $1,406.28 and a 200 day simple moving average of $1,346.75.

Transdigm Group (NYSE:TDG - Get Free Report) last posted its quarterly earnings data on Tuesday, May 6th. The aerospace company reported $9.11 earnings per share for the quarter, topping the consensus estimate of $8.83 by $0.28. Transdigm Group had a negative return on equity of 38.71% and a net margin of 21.09%. The firm had revenue of $2.15 billion during the quarter, compared to analyst estimates of $2.17 billion. During the same period last year, the company posted $7.99 EPS. The business's quarterly revenue was up 12.0% on a year-over-year basis. Equities research analysts predict that Transdigm Group Incorporated will post 35.13 earnings per share for the current fiscal year.

Insider Transactions at Transdigm Group

In other Transdigm Group news, CFO Sarah Wynne sold 1,800 shares of Transdigm Group stock in a transaction dated Friday, June 13th. The stock was sold at an average price of $1,450.00, for a total transaction of $2,610,000.00. Following the completion of the transaction, the chief financial officer now owns 3,400 shares in the company, valued at approximately $4,930,000. The trade was a 34.62% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director W Nicholas Howley sold 5,472 shares of Transdigm Group stock in a transaction dated 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 transaction, the director now owns 21,548 shares of the company's stock, valued at $29,010,072.40. This trade represents a 20.25% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 139,149 shares of company stock valued at $198,378,957. Corporate insiders own 4.09% of the company's stock.

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.