GTS Securities LLC Has $646,000 Position in TransDigm Group Incorporated (NYSE:TDG)

GTS Securities LLC reduced its stake in TransDigm Group Incorporated (NYSE:TDG - Free Report) by 54.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 510 shares of the aerospace company's stock after selling 601 shares during the quarter. GTS Securities LLC's holdings in TransDigm Group were worth $646,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in TDG. Capital Advisors Ltd. LLC grew 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 worth $30,000 after buying an additional 16 shares in the last quarter. Meeder Asset Management Inc. raised its holdings in TransDigm Group by 210.0% in the 4th 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 last quarter. CENTRAL TRUST Co lifted its stake in shares of TransDigm Group by 280.0% during the 4th quarter. CENTRAL TRUST Co now owns 57 shares of the aerospace company's stock worth $72,000 after purchasing an additional 42 shares during the period. Golden State Wealth Management LLC acquired a new stake in shares of TransDigm Group during the fourth quarter worth $73,000. Finally, Whipplewood Advisors LLC purchased a new stake in shares of TransDigm Group in the fourth quarter valued at $74,000. Institutional investors and hedge funds own 95.78% of the company's stock.

Insider Activity at TransDigm Group

In other news, Director Robert J. Small sold 40,000 shares of the company's stock in a transaction that occurred on Thursday, March 6th. The shares were sold at an average price of $1,345.81, for a total transaction of $53,832,400.00. Following the completion of the sale, the director now owns 98,185 shares of the company's stock, valued at approximately $132,138,354.85. This represents a 28.95% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director W Nicholas Howley sold 49,241 shares of the stock in a transaction that occurred on Monday, May 5th. The stock was sold at an average price of $1,475.85, for a total transaction of $72,672,329.85. Following the sale, the director now owns 21,548 shares in the company, valued at $31,801,615.80. This represents a 69.56% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 149,713 shares of company stock valued at $208,099,857. Corporate insiders own 4.09% of the company's stock.

TransDigm Group Stock Up 0.5%

TransDigm Group stock traded up $7.51 during mid-day trading on Friday, reaching $1,468.19. The company had a trading volume of 374,188 shares, compared to its average volume of 261,954. TransDigm Group Incorporated has a 52 week low of $1,176.31 and a 52 week high of $1,488.54. The firm has a market cap of $82.46 billion, a price-to-earnings ratio of 51.79, a PEG ratio of 2.76 and a beta of 1.09. The company has a 50 day moving average of $1,375.71 and a 200-day moving average of $1,330.34.

TransDigm Group (NYSE:TDG - Get Free Report) last released its quarterly 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 business had revenue of $2.15 billion during the quarter, compared to analysts' expectations of $2.17 billion. During the same period in the previous year, the business posted $7.99 earnings per share. The firm's revenue for the quarter was up 12.0% compared to the same quarter last year. On average, analysts predict that TransDigm Group Incorporated will post 35.13 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

TDG has been the subject of several research analyst reports. Susquehanna upped their price target on TransDigm Group from $1,250.00 to $1,300.00 and gave the stock a "neutral" rating in a research note on Wednesday, April 2nd. UBS Group boosted their price objective on TransDigm Group from $1,451.00 to $1,645.00 and gave the company a "buy" rating in a research report on Wednesday, May 7th. Wall Street Zen upgraded TransDigm Group from a "hold" rating to a "buy" rating in a research report on Saturday, May 17th. Truist Financial decreased their price target on TransDigm Group from $1,534.00 to $1,490.00 and set a "buy" rating for the company in a research report on Thursday, April 17th. Finally, Northcoast Research raised shares of TransDigm Group from a "neutral" rating to a "buy" rating and set a $1,500.00 price target for the company in a research report on Wednesday, April 9th. Five investment analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat, TransDigm Group currently has an average rating of "Moderate Buy" and a consensus target price of $1,492.36.

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.