Simon Quick Advisors LLC Has $352,000 Holdings in TransDigm Group Incorporated (NYSE:TDG)

Simon Quick Advisors LLC lifted its position in TransDigm Group Incorporated (NYSE:TDG) by 23.0% in the fourth quarter, HoldingsChannel.com reports. The firm owned 278 shares of the aerospace company’s stock after acquiring an additional 52 shares during the period. Simon Quick Advisors LLC’s holdings in TransDigm Group were worth $352,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of TDG. Windacre Partnership LLC lifted its holdings in shares of TransDigm Group by 42.7% during the 3rd quarter. Windacre Partnership LLC now owns 728,000 shares of the aerospace company’s stock worth $1,038,951,000 after acquiring an additional 217,700 shares during the period. JPMorgan Chase & Co. raised its position in TransDigm Group by 9.5% in the third quarter. JPMorgan Chase & Co. now owns 1,997,827 shares of the aerospace company’s stock worth $2,851,160,000 after purchasing an additional 173,642 shares in the last quarter. Darsana Capital Partners LP bought a new position in TransDigm Group during the second quarter worth about $210,806,000. International Assets Investment Management LLC boosted its holdings in TransDigm Group by 108,517.8% during the third quarter. International Assets Investment Management LLC now owns 48,878 shares of the aerospace company’s stock valued at $69,755,000 after purchasing an additional 48,833 shares in the last quarter. Finally, Point72 Asset Management L.P. grew its stake in shares of TransDigm Group by 2,868.8% in the 2nd quarter. Point72 Asset Management L.P. now owns 47,069 shares of the aerospace company’s stock valued at $60,136,000 after purchasing an additional 48,769 shares during the period. 95.78% of the stock is owned by institutional investors.

TransDigm Group Trading Down 0.3 %

Shares of NYSE TDG opened at $1,349.55 on Friday. TransDigm Group Incorporated has a 1 year low of $1,058.94 and a 1 year high of $1,451.32. The firm’s 50-day moving average is $1,276.73 and its 200-day moving average is $1,308.34. The firm has a market capitalization of $75.89 billion, a PE ratio of 52.72, a price-to-earnings-growth ratio of 3.07 and a beta of 1.38.

Insider Buying and Selling at TransDigm Group

In related news, COO Joel Reiss sold 3,000 shares of TransDigm Group stock in a transaction that occurred on Tuesday, January 21st. The shares were sold at an average price of $1,359.06, for a total transaction of $4,077,180.00. Following the transaction, the chief operating officer now owns 3,600 shares of the company’s stock, valued at $4,892,616. This trade represents a 45.45 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Kevin M. Stein sold 20,000 shares of the company’s stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $1,248.07, for a total transaction of $24,961,400.00. Following the completion of the sale, the chief executive officer now directly owns 8,158 shares of the company’s stock, valued at $10,181,755.06. The trade was a 71.03 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 89,525 shares of company stock valued at $112,769,801. 4.96% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

TDG has been the subject of several analyst reports. Truist Financial raised their target price on TransDigm Group from $1,482.00 to $1,534.00 and gave the stock a “buy” rating in a research report on Tuesday, January 14th. Barclays restated an “equal weight” rating and issued a $1,500.00 target price on shares of TransDigm Group in a research note on Monday, January 6th. StockNews.com upgraded shares of TransDigm Group from a “hold” rating to a “buy” rating in a research report on Wednesday, January 8th. Deutsche Bank Aktiengesellschaft cut shares of TransDigm Group from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $1,444.00 to $1,348.00 in a research note on Thursday, January 2nd. Finally, Wells Fargo & Company cut their target price on shares of TransDigm Group from $1,500.00 to $1,375.00 and set an “equal weight” rating for the company in a research note on Wednesday, December 11th. Eight research 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 currently has a consensus rating of “Moderate Buy” and an average price target of $1,455.00.

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.