Level Four Advisory Services LLC Purchases 49 Shares of TransDigm Group Incorporated (NYSE:TDG)

Level Four Advisory Services LLC boosted its holdings in TransDigm Group Incorporated (NYSE:TDGFree Report) by 2.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,555 shares of the aerospace company’s stock after acquiring an additional 49 shares during the quarter. Level Four Advisory Services LLC’s holdings in TransDigm Group were worth $2,585,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in TDG. Deutsche Bank AG boosted 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 valued at $2,859,376,000 after acquiring an additional 3,225,771 shares during the last quarter. JPMorgan Chase & Co. boosted 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 worth $933,765,000 after purchasing an additional 349,409 shares during the last quarter. Cerity Partners LLC grew its position in TransDigm Group by 34,288.0% in the 4th quarter. Cerity Partners LLC now owns 205,640 shares of the aerospace company’s stock worth $208,025,000 after purchasing an additional 205,042 shares during the period. FMR LLC raised its stake in 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 last quarter. Finally, Vanguard Group Inc. lifted its holdings in shares of TransDigm Group by 1.8% during 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 buying an additional 104,433 shares during the period. 95.78% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at TransDigm Group

In other TransDigm Group news, Director W Nicholas Howley sold 9,381 shares of the firm’s stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of $1,165.00, for a total value of $10,928,865.00. Following the completion of the sale, the director now owns 21,548 shares of the company’s stock, valued at $25,103,420. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other news, Director Jorge Valladares sold 2,427 shares of TransDigm Group stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $1,191.99, for a total transaction of $2,892,959.73. Following the completion of the sale, the director now owns 11,000 shares of the company’s stock, valued at $13,111,890. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director W Nicholas Howley sold 9,381 shares of the company’s stock in a transaction on Wednesday, February 21st. The stock was sold at an average price of $1,165.00, for a total value of $10,928,865.00. Following the completion of the sale, the director now owns 21,548 shares of the company’s stock, valued at $25,103,420. The disclosure for this sale can be found here. Over the last quarter, insiders have bought 11 shares of company stock worth $5,950 and have sold 63,434 shares worth $76,847,440. Company insiders own 4.96% of the company’s stock.

Analysts Set New Price Targets

TDG has been the subject of several research analyst reports. TD Cowen lifted their price objective on TransDigm Group from $1,300.00 to $1,400.00 and gave the stock a “buy” rating in a report on Wednesday, May 8th. KeyCorp boosted their price target on TransDigm Group from $1,220.00 to $1,325.00 and gave the company an “overweight” rating in a research note on Monday, April 22nd. Robert W. Baird increased their price objective on shares of TransDigm Group from $1,290.00 to $1,357.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 8th. Morgan Stanley raised their price objective on shares of TransDigm Group from $1,275.00 to $1,550.00 and gave the stock an “overweight” rating in a report on Thursday, May 9th. Finally, The Goldman Sachs Group upped their target price on shares of TransDigm Group from $1,285.00 to $1,518.00 and gave the company a “buy” rating in a report on Tuesday, April 16th. Six 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, TransDigm Group presently has an average rating of “Moderate Buy” and an average price target of $1,327.44.

View Our Latest Stock Report on TransDigm Group

TransDigm Group Stock Performance

TDG traded up $5.63 during trading on Friday, reaching $1,291.95. 210,869 shares of the company traded hands, compared to its average volume of 235,536. The company has a market cap of $72.30 billion, a P/E ratio of 51.25, a PEG ratio of 2.46 and a beta of 1.39. TransDigm Group Incorporated has a 12-month low of $768.05 and a 12-month high of $1,330.82. The firm has a fifty day simple moving average of $1,237.06 and a 200 day simple moving average of $1,106.55.

TransDigm Group (NYSE:TDGGet Free Report) last posted its earnings results on Tuesday, May 7th. The aerospace company reported $7.99 EPS for the quarter, beating analysts’ consensus estimates of $7.42 by $0.57. The firm had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $1.88 billion. TransDigm Group had a negative return on equity of 63.35% and a net margin of 21.22%. The company’s quarterly revenue was up 20.5% compared to the same quarter last year. During the same period in the prior year, the company earned $5.39 EPS. As a group, sell-side analysts expect that TransDigm Group Incorporated will post 29.96 earnings per share for the current fiscal year.

About TransDigm Group

(Free Report)

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.

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Institutional Ownership by Quarter for TransDigm Group (NYSE:TDG)

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