Vident Advisory LLC Has $4.87 Million Holdings in TransDigm Group Incorporated (NYSE:TDG)

Vident Advisory LLC grew its position in TransDigm Group Incorporated (NYSE:TDG - Free Report) by 17.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,842 shares of the aerospace company's stock after acquiring an additional 568 shares during the quarter. Vident Advisory LLC's holdings in TransDigm Group were worth $4,870,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in the company. JPMorgan Chase & Co. grew its stake in TransDigm Group by 9.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,997,827 shares of the aerospace company's stock worth $2,851,160,000 after buying an additional 173,642 shares during the last quarter. Ritholtz Wealth Management lifted its holdings in shares of TransDigm Group by 14.5% during the fourth quarter. Ritholtz Wealth Management now owns 198 shares of the aerospace company's stock valued at $251,000 after purchasing an additional 25 shares during the last quarter. Merit Financial Group LLC lifted its holdings in shares of TransDigm Group by 17.8% during the fourth quarter. Merit Financial Group LLC now owns 583 shares of the aerospace company's stock valued at $739,000 after purchasing an additional 88 shares during the last quarter. Trust Co. of Vermont lifted its stake in TransDigm Group by 150.0% in the 4th quarter. Trust Co. of Vermont now owns 25 shares of the aerospace company's stock worth $32,000 after acquiring an additional 15 shares in the last quarter. Finally, HB Wealth Management LLC lifted its stake in TransDigm Group by 8.0% in the 4th quarter. HB Wealth Management LLC now owns 731 shares of the aerospace company's stock worth $927,000 after acquiring an additional 54 shares in the last quarter. 95.78% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on TDG shares. Wall Street Zen raised TransDigm Group from a "hold" rating to a "buy" rating in a research note on Saturday, May 17th. UBS Group increased their price objective 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. Northcoast Research raised TransDigm Group from a "neutral" rating to a "buy" rating and set a $1,500.00 price objective on the stock in a report on Wednesday, April 9th. 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. Finally, 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. Five research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $1,490.20.

Insider Buying and Selling at TransDigm Group

In other TransDigm Group news, CEO Kevin M. Stein sold 20,000 shares of TransDigm Group stock in a transaction on Monday, April 14th. The stock was sold at an average price of $1,329.61, for a total value of $26,592,200.00. Following the completion of the transaction, the chief executive officer now owns 8,158 shares in the company, valued at approximately $10,846,958.38. The trade was a 71.03% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Robert J. Small sold 40,000 shares of TransDigm Group stock in a transaction on Thursday, March 6th. The shares were sold at an average price of $1,345.81, for a total value of $53,832,400.00. Following the completion of the transaction, the director now owns 98,185 shares of the company's stock, valued at approximately $132,138,354.85. The trade was a 28.95% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 149,713 shares of company stock worth $208,099,857. 4.09% of the stock is currently owned by insiders.

TransDigm Group Price Performance

Shares of TransDigm Group stock traded up $28.78 during midday trading on Friday, hitting $1,433.93. 430,436 shares of the company were exchanged, compared to its average volume of 260,854. The firm has a market cap of $80.54 billion, a P/E ratio of 50.58, a PEG ratio of 2.76 and a beta of 1.09. 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 50 day simple moving average of $1,368.69 and a 200-day simple moving average of $1,327.77.

TransDigm Group (NYSE:TDG - Get Free Report) last posted 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 negative return on equity of 42.87% and a net margin of 20.76%. TransDigm Group's revenue was up 12.0% on a year-over-year basis. During the same quarter last year, the company earned $7.99 EPS. Equities research analysts expect that TransDigm Group Incorporated will post 35.13 earnings per share for the current year.

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.