Gilder Gagnon Howe & Co. LLC Decreases Stock Holdings in TransDigm Group Incorporated (NYSE:TDG)

Gilder Gagnon Howe & Co. LLC lowered its holdings in shares of TransDigm Group Incorporated (NYSE:TDG - Free Report) by 1.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 13,456 shares of the aerospace company's stock after selling 189 shares during the quarter. Gilder Gagnon Howe & Co. LLC's holdings in TransDigm Group were worth $17,052,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of TDG. Capital Advisors Ltd. LLC boosted its position in TransDigm Group by 200.0% during the 4th quarter. Capital Advisors Ltd. LLC now owns 24 shares of the aerospace company's stock valued at $30,000 after acquiring an additional 16 shares in the last quarter. Trust Co. of Vermont grew its stake in TransDigm Group by 150.0% in the fourth 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 during the last quarter. Versant Capital Management Inc raised its holdings in TransDigm Group by 225.0% in the fourth quarter. Versant Capital Management Inc now owns 26 shares of the aerospace company's stock worth $33,000 after purchasing an additional 18 shares in the last quarter. Meeder Asset Management Inc. lifted its position 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 buying an additional 21 shares during the last quarter. Finally, Sachetta LLC boosted its holdings in shares of TransDigm Group by 105.9% in the 4th quarter. Sachetta LLC now owns 35 shares of the aerospace company's stock valued at $44,000 after buying an additional 18 shares in the last quarter. Institutional investors own 95.78% of the company's stock.

TransDigm Group Stock Up 0.3 %

Shares of TransDigm Group stock traded up $3.66 on Wednesday, hitting $1,411.55. 217,538 shares of the company were exchanged, compared to its average volume of 187,682. The company has a 50-day moving average price of $1,341.77 and a 200 day moving average price of $1,320.12. The stock has a market capitalization of $79.17 billion, a price-to-earnings ratio of 49.79, a price-to-earnings-growth ratio of 2.76 and a beta of 1.08. TransDigm Group Incorporated has a 1-year low of $1,325.00 and a 1-year high of $1,420.00.

TransDigm Group (NYSE:TDG - Get Free Report) last issued its quarterly earnings data on Tuesday, February 4th. The aerospace company reported $7.57 earnings per share for the quarter, topping the consensus estimate of $6.73 by $0.84. The company had revenue of $2.01 billion during the quarter, compared to analyst estimates of $2.03 billion. TransDigm Group had a negative return on equity of 42.87% and a net margin of 20.76%. The firm's revenue for the quarter was up 12.1% compared to the same quarter last year. During the same period in the prior year, the business posted $7.16 earnings per share. Research analysts forecast that TransDigm Group Incorporated will post 35.13 EPS for the current year.

Insider Buying and Selling at TransDigm Group

In other TransDigm Group news, CEO Kevin M. Stein sold 20,000 shares of the company's stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $1,354.08, for a total transaction of $27,081,600.00. Following the sale, the chief executive officer now owns 8,158 shares in the company, valued at $11,046,584.64. This represents a 71.03 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, COO Joel Reiss sold 3,300 shares of the firm's stock in a transaction on Monday, April 21st. The shares were sold at an average price of $1,321.80, for a total value of $4,361,940.00. Following the completion of the sale, the chief operating officer now owns 3,600 shares in the company, valued at approximately $4,758,480. This represents a 47.83 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 124,894 shares of company stock valued at $167,450,256 over the last quarter. 4.09% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the stock. Deutsche Bank Aktiengesellschaft lowered shares of TransDigm Group from a "buy" rating to a "hold" rating and cut their price target for the stock from $1,444.00 to $1,348.00 in a report on Thursday, January 2nd. StockNews.com raised shares of TransDigm Group from a "hold" rating to a "buy" rating in a research report on Wednesday, April 23rd. Barclays restated an "equal weight" rating and issued a $1,500.00 target price on shares of TransDigm Group in a research note on Monday, January 6th. Susquehanna boosted their price target 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. Finally, Truist Financial cut 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. Five analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $1,464.41.

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.