International Assets Investment Management LLC Purchases 41,039 Shares of TransDigm Group Incorporated (NYSE:TDG)

International Assets Investment Management LLC raised its holdings in TransDigm Group Incorporated (NYSE:TDG - Free Report) by 97,711.9% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 41,081 shares of the aerospace company's stock after acquiring an additional 41,039 shares during the period. International Assets Investment Management LLC owned 0.07% of TransDigm Group worth $41,558,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Vanguard Group Inc. raised its holdings in TransDigm Group by 1.8% in the 3rd quarter. Vanguard Group Inc. now owns 5,903,014 shares of the aerospace company's stock valued at $4,977,008,000 after acquiring an additional 104,433 shares during the last quarter. Deutsche Bank AG grew its stake 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 valued at $2,859,376,000 after buying an additional 3,225,771 shares during the period. FMR LLC grew its stake 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 valued at $1,392,355,000 after buying an additional 136,834 shares during the period. JPMorgan Chase & Co. grew its stake 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 valued at $933,765,000 after buying an additional 349,409 shares during the period. Finally, Morgan Stanley boosted its position in TransDigm Group by 0.8% during the 3rd quarter. Morgan Stanley now owns 650,127 shares of the aerospace company's stock worth $548,144,000 after purchasing an additional 4,989 shares during the period. 95.78% of the stock is currently owned by institutional investors and hedge funds.

TransDigm Group Stock Performance

Shares of TransDigm Group stock traded up $22.02 during trading on Friday, reaching $1,293.80. The company had a trading volume of 238,023 shares, compared to its average volume of 179,038. The company has a market cap of $71.95 billion, a price-to-earnings ratio of 54.92, a price-to-earnings-growth ratio of 2.59 and a beta of 1.40. TransDigm Group Incorporated has a fifty-two week low of $750.86 and a fifty-two week high of $1,303.49. The firm's fifty day moving average is $1,212.23 and its 200-day moving average is $1,073.99.

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 the consensus estimate of $6.41 by $0.75. The firm had revenue of $1.79 billion for the quarter, compared to analyst estimates of $1.68 billion. TransDigm Group had a net margin of 20.80% and a negative return on equity of 59.61%. TransDigm Group's quarterly revenue was up 28.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $4.15 earnings per share. On average, research analysts anticipate that TransDigm Group Incorporated will post 29.08 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on TDG shares. JPMorgan Chase & Co. upped their price target on shares of TransDigm Group from $1,050.00 to $1,175.00 and gave the stock a "neutral" rating in a research report on Wednesday, March 27th. Susquehanna upped their price target on shares of TransDigm Group from $875.00 to $1,100.00 and gave the stock a "neutral" rating in a research report on Friday, February 9th. Stifel Nicolaus upped their price target on shares of TransDigm Group from $1,100.00 to $1,200.00 and gave the stock a "hold" rating in a research report on Wednesday, April 17th. Barclays boosted their price objective on shares of TransDigm Group from $1,150.00 to $1,250.00 and gave the stock an "overweight" rating in a report on Monday, February 12th. Finally, KeyCorp boosted their price objective on shares of TransDigm Group from $1,220.00 to $1,325.00 and gave the stock an "overweight" rating in a report on Monday, April 22nd. Six research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to data from MarketBeat.com, TransDigm Group currently has an average rating of "Moderate Buy" and a consensus target price of $1,170.27.

Insider Buying and Selling

In other news, CEO Kevin M. Stein sold 10,000 shares of the 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 transaction, the chief executive officer now directly owns 8,158 shares in the company, valued at $9,921,433.28. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, CFO Sarah Wynne sold 5,850 shares of the stock in a transaction that occurred on Wednesday, February 21st. The shares were sold at an average price of $1,159.00, for a total value of $6,780,150.00. Following the completion of the transaction, the chief financial officer now directly owns 700 shares in the company, valued at $811,300. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Kevin M. Stein sold 10,000 shares of the 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 transaction, the chief executive officer now owns 8,158 shares of the company's stock, valued at $9,921,433.28. The disclosure for this sale can be found here. Insiders have sold a total of 59,087 shares of company stock worth $69,840,358 over the last quarter. 4.96% of the stock is owned by company insiders.

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.