TransDigm Group Incorporated (NYSE:TDG) Shares Sold by Brown Advisory Inc.

Brown Advisory Inc. lessened its holdings in TransDigm Group Incorporated (NYSE:TDG - Free Report) by 11.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 190,316 shares of the aerospace company's stock after selling 23,629 shares during the quarter. Brown Advisory Inc. owned about 0.34% of TransDigm Group worth $241,184,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of TDG. Resonant Capital Advisors LLC grew its holdings in TransDigm Group by 1.8% during the fourth quarter. Resonant Capital Advisors LLC now owns 462 shares of the aerospace company's stock worth $585,000 after acquiring an additional 8 shares during the period. Quent Capital LLC increased its holdings in shares of TransDigm Group by 6.5% during the 4th quarter. Quent Capital LLC now owns 132 shares of the aerospace company's stock valued at $167,000 after purchasing an additional 8 shares in the last quarter. Lindbrook Capital LLC lifted its stake in shares of TransDigm Group by 3.6% in the 4th quarter. Lindbrook Capital LLC now owns 231 shares of the aerospace company's stock valued at $293,000 after purchasing an additional 8 shares during the period. CX Institutional boosted its holdings in TransDigm Group by 5.4% during the fourth quarter. CX Institutional now owns 175 shares of the aerospace company's stock worth $222,000 after buying an additional 9 shares in the last quarter. Finally, Western Financial Corp CA grew its position in TransDigm Group by 0.6% during the fourth quarter. Western Financial Corp CA now owns 1,501 shares of the aerospace company's stock valued at $1,902,000 after buying an additional 9 shares during the period. 95.78% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director Robert J. Small sold 1,000 shares of the stock in a transaction on Thursday, March 13th. The stock was sold at an average price of $1,335.22, for a total transaction of $1,335,220.00. Following the completion of the transaction, the director now directly owns 95,147 shares in the company, valued at approximately $127,042,177.34. This represents a 1.04 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director W Nicholas Howley sold 5,472 shares of the business's stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $1,315.93, for a total transaction of $7,200,768.96. Following the completion of the sale, the director now owns 21,548 shares in the company, valued at approximately $28,355,659.64. This trade represents a 20.25 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 174,135 shares of company stock valued at $240,122,586 in the last 90 days. Company insiders own 4.09% of the company's stock.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. Northcoast Research upgraded shares of TransDigm Group from a "neutral" rating to a "buy" rating and set a $1,500.00 price objective for the company in a research report on Wednesday, April 9th. UBS Group upgraded TransDigm Group from a "neutral" rating to a "buy" rating and set a $1,595.00 price target on the stock in a research report on Monday, February 24th. Wells Fargo & Company cut their price objective on TransDigm Group from $1,410.00 to $1,375.00 and set an "overweight" rating for the company in a research report on Tuesday, April 15th. Susquehanna upped their target price on TransDigm Group from $1,250.00 to $1,300.00 and gave the stock a "neutral" rating in a research note on Wednesday, April 2nd. Finally, StockNews.com raised shares of TransDigm Group from a "hold" rating to a "buy" rating in a research note on Wednesday, April 23rd. Five research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $1,464.41.

TransDigm Group Price Performance

TransDigm Group stock traded down $79.21 during trading on Tuesday, reaching $1,393.41. 558,048 shares of the company were exchanged, compared to its average volume of 258,615. The stock's 50 day simple moving average is $1,352.62 and its two-hundred day simple moving average is $1,321.36. The company has a market capitalization of $78.15 billion, a P/E ratio of 49.15, a PEG ratio of 2.76 and a beta of 1.09. TransDigm Group Incorporated has a 52-week low of $1,176.31 and a 52-week high of $1,488.54.

TransDigm Group (NYSE:TDG - Get Free Report) last announced its quarterly earnings results on Tuesday, May 6th. The aerospace company reported $9.11 earnings per share for the quarter, beating the consensus estimate of $8.83 by $0.28. TransDigm Group had a net margin of 20.76% and a negative return on equity of 42.87%. The firm had revenue of $2.15 billion for the quarter, compared to analysts' expectations of $2.17 billion. During the same quarter in the previous year, the company posted $7.99 EPS. The company's revenue was up 12.0% compared to the same quarter last year. As a group, equities analysts forecast that TransDigm Group Incorporated will post 35.13 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.