Sapient Capital LLC Makes New Investment in TransDigm Group Incorporated (NYSE:TDG)

Sapient Capital LLC bought a new position in shares of TransDigm Group Incorporated (NYSE:TDG - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 937 shares of the aerospace company's stock, valued at approximately $948,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of TDG. Deutsche Bank AG grew its holdings in TransDigm Group by 1,947.8% during the third quarter. Deutsche Bank AG now owns 3,391,382 shares of the aerospace company's stock worth $2,859,376,000 after acquiring an additional 3,225,771 shares during the period. Price T Rowe Associates Inc. MD grew its holdings in TransDigm Group by 128.1% in the first quarter. Price T Rowe Associates Inc. MD now owns 818,757 shares of the aerospace company's stock valued at $603,465,000 after purchasing an additional 459,787 shares during the period. JPMorgan Chase & Co. grew its holdings in TransDigm Group by 46.1% in the third quarter. JPMorgan Chase & Co. now owns 1,107,497 shares of the aerospace company's stock valued at $933,765,000 after purchasing an additional 349,409 shares during the period. Norges Bank acquired a new stake in TransDigm Group in the fourth quarter valued at approximately $180,823,000. Finally, Cerity Partners LLC grew its holdings in TransDigm Group by 34,288.0% in the fourth quarter. Cerity Partners LLC now owns 205,640 shares of the aerospace company's stock valued at $208,025,000 after purchasing an additional 205,042 shares during the period. 95.78% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at TransDigm Group

In other news, COO Joel Reiss sold 3,000 shares of TransDigm Group stock in a transaction on Friday, March 15th. The stock was sold at an average price of $1,172.26, for a total value of $3,516,780.00. Following the completion of the sale, the chief operating officer now directly owns 3,600 shares of the company's stock, valued at $4,220,136. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In other news, COO Joel Reiss sold 3,000 shares of TransDigm Group stock in a transaction on Friday, March 15th. The stock was sold at an average price of $1,172.26, for a total value of $3,516,780.00. Following the completion of the sale, the chief operating officer now directly owns 3,600 shares of the company's stock, valued at $4,220,136. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, COO Michael Lisman sold 8,000 shares of TransDigm Group stock in a transaction on Friday, February 23rd. The shares were sold at an average price of $1,198.50, for a total value of $9,588,000.00. The disclosure for this sale can be found here. Insiders have sold 52,617 shares of company stock worth $60,654,941 over the last quarter. 4.96% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several analysts have commented on TDG shares. Royal Bank of Canada raised their price objective on TransDigm Group from $1,150.00 to $1,250.00 and gave the company an "outperform" rating in a report on Friday, February 9th. Stifel Nicolaus raised their price objective on TransDigm Group from $1,000.00 to $1,050.00 and gave the company a "hold" rating in a report on Tuesday, January 23rd. Citigroup raised their price objective on TransDigm Group from $1,380.00 to $1,395.00 and gave the company a "buy" rating in a report on Thursday, April 4th. JPMorgan Chase & Co. raised their target price 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. Finally, Susquehanna raised their target price on TransDigm Group from $875.00 to $1,100.00 and gave the company a "neutral" rating in a research report on Friday, February 9th. Six investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $1,137.73.

TransDigm Group Price Performance

TransDigm Group stock traded down $14.55 during trading on Friday, reaching $1,220.38. 193,470 shares of the company were exchanged, compared to its average volume of 164,891. TransDigm Group Incorporated has a 52-week low of $741.74 and a 52-week high of $1,246.22. The company has a market capitalization of $67.87 billion, a P/E ratio of 51.80, a PEG ratio of 2.52 and a beta of 1.42. The stock's 50 day simple moving average is $1,185.05 and its two-hundred day simple moving average is $1,034.60.

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

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.