TransDigm Group Incorporated (NYSE:TDG) Shares Sold by Delta Investment Management LLC

Delta Investment Management LLC decreased its holdings in shares of TransDigm Group Incorporated (NYSE:TDG - Free Report) by 2.4% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,410 shares of the aerospace company's stock after selling 186 shares during the quarter. TransDigm Group comprises about 1.8% of Delta Investment Management LLC's investment portfolio, making the stock its 15th biggest position. Delta Investment Management LLC's holdings in TransDigm Group were worth $9,390,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in TDG. Capital Advisors Ltd. LLC increased its holdings in shares of TransDigm Group by 200.0% during the 4th quarter. Capital Advisors Ltd. LLC now owns 24 shares of the aerospace company's stock worth $30,000 after buying an additional 16 shares during the last quarter. Trust Co. of Vermont lifted its stake in shares of TransDigm Group by 150.0% in the 4th quarter. Trust Co. of Vermont now owns 25 shares of the aerospace company's stock valued at $32,000 after purchasing an additional 15 shares in the last quarter. Meeder Asset Management Inc. grew its holdings in shares of TransDigm Group by 210.0% during the 4th quarter. Meeder Asset Management Inc. now owns 31 shares of the aerospace company's stock worth $39,000 after purchasing an additional 21 shares during the period. Sachetta LLC increased its position in TransDigm Group by 105.9% during the 4th quarter. Sachetta LLC now owns 35 shares of the aerospace company's stock worth $44,000 after purchasing an additional 18 shares in the last quarter. Finally, CENTRAL TRUST Co grew its stake in TransDigm Group by 280.0% during the fourth quarter. CENTRAL TRUST Co now owns 57 shares of the aerospace company's stock worth $72,000 after buying an additional 42 shares during the period. Hedge funds and other institutional investors own 95.78% of the company's stock.

Insider Activity

In other TransDigm Group news, Director Robert J. Small sold 1,000 shares of TransDigm Group stock in a transaction that occurred on Thursday, March 13th. The shares were sold at an average price of $1,335.22, for a total value of $1,335,220.00. Following the transaction, the director now owns 95,147 shares in the company, valued at approximately $127,042,177.34. The trade was a 1.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, COO Joel Reiss sold 3,000 shares of the stock in a transaction on Thursday, March 20th. The shares were sold at an average price of $1,360.04, for a total value of $4,080,120.00. Following the sale, the chief operating officer now owns 3,600 shares of the company's stock, valued at $4,896,144. This trade represents a 45.45% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 145,013 shares of company stock worth $201,014,223 over the last 90 days. 4.09% of the stock is currently owned by company insiders.

TransDigm Group Stock Performance

Shares of TDG stock opened at $1,438.79 on Tuesday. The firm has a market capitalization of $80.81 billion, a PE ratio of 50.75, a price-to-earnings-growth ratio of 2.76 and a beta of 1.09. TransDigm Group Incorporated has a 1 year low of $1,176.31 and a 1 year high of $1,488.54. The stock has a fifty day moving average of $1,362.67 and a two-hundred day moving average of $1,325.19.

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on TDG shares. Susquehanna increased their target price on TransDigm Group from $1,250.00 to $1,300.00 and gave the company a "neutral" rating in a research note on Wednesday, April 2nd. UBS Group raised their price target on shares of 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. Truist Financial cut their price target on shares of TransDigm Group from $1,534.00 to $1,490.00 and set a "buy" rating on the stock in a report on Thursday, April 17th. Wells Fargo & Company upped their target price on shares of TransDigm Group from $1,375.00 to $1,540.00 and gave the company an "overweight" rating in a research note on Thursday, May 8th. Finally, StockNews.com raised shares of TransDigm Group from a "hold" rating to a "buy" rating in a report on Saturday. Five investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company's stock. Based on data from MarketBeat.com, TransDigm Group currently has a consensus rating of "Moderate Buy" and a consensus target price of $1,490.20.

TransDigm Group 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.

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