Q Global Advisors LLC Sells 1,530 Shares of TransDigm Group Incorporated (NYSE:TDG)

Q Global Advisors LLC cut its stake in TransDigm Group Incorporated (NYSE:TDG - Free Report) by 19.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,176 shares of the aerospace company's stock after selling 1,530 shares during the period. TransDigm Group makes up approximately 4.8% of Q Global Advisors LLC's holdings, making the stock its 5th biggest position. Q Global Advisors LLC's holdings in TransDigm Group were worth $6,248,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Deutsche Bank AG lifted its holdings in shares of TransDigm Group by 1,947.8% during the 3rd 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. Norges Bank bought a new position in shares of TransDigm Group during the 4th quarter worth about $790,822,000. JPMorgan Chase & Co. lifted its holdings in shares of TransDigm Group by 46.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,107,497 shares of the aerospace company's stock worth $933,765,000 after acquiring an additional 349,409 shares during the period. Cerity Partners LLC lifted its holdings in shares of TransDigm Group by 34,288.0% during the 4th quarter. Cerity Partners LLC now owns 205,640 shares of the aerospace company's stock worth $208,025,000 after acquiring an additional 205,042 shares during the period. Finally, FMR LLC lifted its holdings in shares of TransDigm Group by 9.0% during the 3rd quarter. FMR LLC now owns 1,651,413 shares of the aerospace company's stock worth $1,392,355,000 after acquiring an additional 136,834 shares during the period. 95.78% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. JPMorgan Chase & Co. lifted their price target on shares of TransDigm Group from $1,050.00 to $1,175.00 and gave the company a "neutral" rating in a report on Wednesday, March 27th. Stifel Nicolaus lifted their price target on shares of TransDigm Group from $1,100.00 to $1,200.00 and gave the company a "hold" rating in a report on Wednesday, April 17th. Royal Bank of Canada lifted their price target on shares of TransDigm Group from $1,150.00 to $1,250.00 and gave the company an "outperform" rating in a report on Friday, February 9th. Citigroup lifted their price target on shares of TransDigm Group from $1,380.00 to $1,395.00 and gave the company a "buy" rating in a report on Thursday, April 4th. Finally, KeyCorp lifted their price target on shares of TransDigm Group from $1,220.00 to $1,325.00 and gave the company an "overweight" rating in a report on Monday, April 22nd. Six analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to MarketBeat.com, TransDigm Group presently has a consensus rating of "Moderate Buy" and an average target price of $1,170.27.

Insider Activity at TransDigm Group

In other TransDigm Group news, CEO Kevin M. Stein sold 10,000 shares of the company's stock in a transaction that occurred on Friday, April 12th. The shares were sold at an average price of $1,216.16, for a total value of $12,161,600.00. Following the completion of the sale, the chief executive officer now owns 8,158 shares of the company's stock, valued at $9,921,433.28. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other TransDigm Group news, COO Joel Reiss sold 3,000 shares of the company's stock in a transaction that occurred on Monday, April 15th. The shares were sold at an average price of $1,233.10, for a total value of $3,699,300.00. Following the completion of the sale, the chief operating officer now owns 3,600 shares of the company's stock, valued at $4,439,160. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Kevin M. Stein sold 10,000 shares of the company's stock in a transaction that occurred on Friday, April 12th. The shares were sold at an average price of $1,216.16, for a total transaction of $12,161,600.00. Following the completion of the sale, the chief executive officer now directly owns 8,158 shares of the company's stock, valued at approximately $9,921,433.28. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 59,087 shares of company stock worth $69,840,358. 4.96% of the stock is currently owned by company insiders.

TransDigm Group Trading Up 0.2 %

Shares of NYSE:TDG traded up $2.57 during trading on Friday, hitting $1,259.15. 140,898 shares of the company's stock were exchanged, compared to its average volume of 175,670. TransDigm Group Incorporated has a 1-year low of $745.65 and a 1-year high of $1,269.51. The firm has a 50-day moving average price of $1,203.04 and a two-hundred day moving average price of $1,061.40. The firm has a market cap of $70.02 billion, a P/E ratio of 53.44, a PEG ratio of 2.56 and a beta of 1.42.

TransDigm Group (NYSE:TDG - Get Free Report) last issued its quarterly earnings results on Thursday, February 8th. The aerospace company reported $7.16 EPS for the quarter, topping the consensus estimate of $6.41 by $0.75. TransDigm Group had a net margin of 20.80% and a negative return on equity of 59.61%. The company had revenue of $1.79 billion during the quarter, compared to analysts' expectations of $1.68 billion. During the same quarter in the previous year, the company earned $4.15 EPS. TransDigm Group's revenue was up 28.1% on a year-over-year basis. As a group, research analysts predict that TransDigm Group Incorporated will post 29.08 EPS 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.