TransDigm Group Incorporated (NYSE:TDG) Shares Sold by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. decreased its position in shares of TransDigm Group Incorporated (NYSE:TDG - Free Report) by 18.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 24,507 shares of the aerospace company's stock after selling 5,365 shares during the quarter. Asset Management One Co. Ltd.'s holdings in TransDigm Group were worth $24,820,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Compagnie Lombard Odier SCmA acquired a new stake in shares of TransDigm Group during the fourth quarter worth about $25,000. Kayne Anderson Rudnick Investment Management LLC purchased a new position in TransDigm Group during the third quarter valued at approximately $27,000. West Tower Group LLC purchased a new position in TransDigm Group during the second quarter valued at approximately $29,000. Resurgent Financial Advisors LLC purchased a new position in TransDigm Group during the fourth quarter valued at approximately $30,000. Finally, Optiver Holding B.V. purchased a new position in TransDigm Group during the third quarter valued at approximately $35,000. Institutional investors and hedge funds own 95.78% of the company's stock.

Insiders Place Their Bets

In other TransDigm Group news, Director W Nicholas Howley sold 38,863 shares of the business's stock in a transaction on Wednesday, January 10th. The stock was sold at an average price of $1,015.05, for a total transaction of $39,447,888.15. Following the transaction, the director now owns 21,548 shares of the company's stock, valued at $21,872,297.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other news, Director Michael Graff sold 3,460 shares of the company's stock in a transaction on Tuesday, February 13th. The stock was sold at an average price of $1,108.17, for a total value of $3,834,268.20. Following the transaction, the director now owns 4,879 shares of the company's stock, valued at approximately $5,406,761.43. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director W Nicholas Howley sold 38,863 shares of the company's stock in a transaction on Wednesday, January 10th. The shares were sold at an average price of $1,015.05, for a total value of $39,447,888.15. Following the completion of the transaction, the director now directly owns 21,548 shares in the company, valued at approximately $21,872,297.40. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 91,480 shares of company stock valued at $100,102,829. Insiders own 4.96% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the company. Citigroup lifted their price target on TransDigm Group from $1,380.00 to $1,395.00 and gave the company a "buy" rating in a research report on Thursday. JPMorgan Chase & Co. lifted their price target on TransDigm Group from $1,050.00 to $1,175.00 and gave the company a "neutral" rating in a research report on Wednesday, March 27th. Royal Bank of Canada lifted their price target on TransDigm Group from $1,150.00 to $1,250.00 and gave the company an "outperform" rating in a research report on Friday, February 9th. StockNews.com cut TransDigm Group from a "buy" rating to a "hold" rating in a research report on Monday, April 1st. Finally, KeyCorp boosted their price objective on TransDigm Group from $1,180.00 to $1,220.00 and gave the company an "overweight" rating in a research report on Thursday, February 15th. Seven research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to MarketBeat, TransDigm Group has a consensus rating of "Moderate Buy" and an average price target of $1,137.73.

TransDigm Group Stock Performance

Shares of NYSE:TDG traded up $30.92 during trading on Friday, reaching $1,235.28. The stock had a trading volume of 151,517 shares, compared to its average volume of 178,099. The business has a fifty day moving average price of $1,172.54 and a 200-day moving average price of $1,020.37. The stock has a market cap of $68.69 billion, a PE ratio of 52.43, a PEG ratio of 2.46 and a beta of 1.42. TransDigm Group Incorporated has a 1-year low of $714.98 and a 1-year high of $1,246.22.

TransDigm Group (NYSE:TDG - Get Free Report) last released its quarterly earnings data on Thursday, February 8th. The aerospace company reported $7.16 earnings per share for the quarter, topping analysts' consensus estimates of $6.41 by $0.75. The company had revenue of $1.79 billion for the quarter, compared to analyst estimates of $1.68 billion. TransDigm Group had a negative return on equity of 59.61% and a net margin of 20.80%. The firm's revenue for the quarter was up 28.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $4.15 earnings per share. Sell-side analysts expect that TransDigm Group Incorporated will post 29.03 earnings per share for the current year.

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.