Insigneo Advisory Services LLC Sells 44 Shares of TransDigm Group Incorporated (NYSE:TDG)

Insigneo Advisory Services LLC lessened its holdings in shares of TransDigm Group Incorporated (NYSE:TDG) by 13.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 288 shares of the aerospace company’s stock after selling 44 shares during the period. Insigneo Advisory Services LLC’s holdings in TransDigm Group were worth $365,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. Capital Advisors Ltd. LLC boosted its holdings in shares of TransDigm Group by 200.0% in the fourth quarter. Capital Advisors Ltd. LLC now owns 24 shares of the aerospace company’s stock valued at $30,000 after buying an additional 16 shares during the period. Trust Co. of Vermont boosted its stake in TransDigm Group by 150.0% in the 4th quarter. Trust Co. of Vermont now owns 25 shares of the aerospace company’s stock worth $32,000 after purchasing an additional 15 shares during the period. Versant Capital Management Inc raised its stake in shares of TransDigm Group by 225.0% in the 4th quarter. Versant Capital Management Inc now owns 26 shares of the aerospace company’s stock valued at $33,000 after purchasing an additional 18 shares during the period. Meeder Asset Management Inc. lifted its holdings in shares of TransDigm Group by 210.0% in the fourth quarter. Meeder Asset Management Inc. now owns 31 shares of the aerospace company’s stock valued at $39,000 after purchasing an additional 21 shares in the last quarter. Finally, Sachetta LLC boosted its position in shares of TransDigm Group by 105.9% during the fourth quarter. Sachetta LLC now owns 35 shares of the aerospace company’s stock worth $44,000 after buying an additional 18 shares during the period. 95.78% of the stock is currently owned by institutional investors and hedge funds.

TransDigm Group Price Performance

TDG stock opened at $1,335.27 on Friday. TransDigm Group Incorporated has a one year low of $1,176.31 and a one year high of $1,451.32. The stock has a market cap of $74.89 billion, a price-to-earnings ratio of 47.10, a price-to-earnings-growth ratio of 2.76 and a beta of 1.08. The company has a fifty day moving average price of $1,336.96 and a two-hundred day moving average price of $1,322.04.

TransDigm Group (NYSE:TDG) last announced its earnings results on Tuesday, February 4th. The aerospace company reported $7.57 EPS for the quarter, topping the consensus estimate of $6.73 by $0.84. The business had revenue of $2.01 billion during the quarter, compared to the consensus estimate of $2.03 billion. TransDigm Group had a net margin of 20.76% and a negative return on equity of 42.87%. TransDigm Group’s revenue was up 12.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $7.16 EPS. Research analysts anticipate that TransDigm Group Incorporated will post 35.13 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft lowered TransDigm Group from a “buy” rating to a “hold” rating and dropped their target price for the company from $1,444.00 to $1,348.00 in a research report on Thursday, January 2nd. StockNews.com raised shares of TransDigm Group from a “hold” rating to a “buy” rating in a research report on Tuesday, April 8th. Susquehanna raised their target price on shares of TransDigm Group from $1,250.00 to $1,300.00 and gave the company a “neutral” rating in a research report on Wednesday, April 2nd. Northcoast Research raised shares of TransDigm Group from a “neutral” rating to a “buy” rating and set a $1,500.00 price target on the stock in a research report on Wednesday, April 9th. Finally, Truist Financial decreased their price objective on TransDigm Group from $1,534.00 to $1,490.00 and set a “buy” rating for the company in a report on Thursday. Five equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, TransDigm Group currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,464.41.

Insider Buying and Selling

In other TransDigm Group news, Director W Nicholas Howley sold 5,472 shares of the stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $1,315.93, for a total transaction of $7,200,768.96. Following the transaction, the director now owns 21,548 shares in the company, valued at $28,355,659.64. This trade represents a 20.25 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Kevin M. Stein sold 20,000 shares of the business’s stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $1,354.08, for a total transaction of $27,081,600.00. Following the completion of the sale, the chief executive officer now directly owns 8,158 shares of the company’s stock, valued at approximately $11,046,584.64. The trade was a 71.03 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 124,594 shares of company stock valued at $167,165,496. Insiders own 4.09% of the company’s stock.

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.