TransDigm Group Incorporated (NYSE:TDG) Shares Acquired by Level Four Advisory Services LLC

Level Four Advisory Services LLC boosted its stake in shares of TransDigm Group Incorporated (NYSE:TDG) by 5.1% in the fourth quarter, HoldingsChannel reports. The firm owned 2,451 shares of the aerospace company’s stock after purchasing an additional 119 shares during the quarter. Level Four Advisory Services LLC’s holdings in TransDigm Group were worth $3,107,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. Erste Asset Management GmbH acquired a new position in shares of TransDigm Group during the third quarter valued at $29,000. Capital Advisors Ltd. LLC boosted its stake in TransDigm Group by 200.0% during the 4th quarter. Capital Advisors Ltd. LLC now owns 24 shares of the aerospace company’s stock valued at $30,000 after purchasing an additional 16 shares during the period. Trust Co. of Vermont grew its position 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 last quarter. Versant Capital Management Inc increased its stake in shares of TransDigm Group by 225.0% in the fourth 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. Finally, Sachetta LLC raised its holdings in shares of TransDigm Group by 105.9% during the fourth quarter. Sachetta LLC now owns 35 shares of the aerospace company’s stock valued at $44,000 after buying an additional 18 shares during the last quarter. 95.78% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other TransDigm Group news, COO Joel Reiss sold 3,000 shares of the firm’s stock in a transaction dated Thursday, March 20th. The stock was sold at an average price of $1,360.04, for a total transaction of $4,080,120.00. Following the completion of the sale, the chief operating officer now directly owns 3,600 shares in the company, valued at approximately $4,896,144. This trade represents a 45.45 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director W Nicholas Howley sold 5,472 shares of the company’s stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of $1,296.77, for a total value of $7,095,925.44. Following the completion of the transaction, the director now owns 21,548 shares in the company, valued at $27,942,799.96. This represents a 20.25 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 124,594 shares of company stock valued at $165,646,468. Company insiders own 4.09% of the company’s stock.

Analyst Upgrades and Downgrades

TDG has been the topic of several analyst reports. Citigroup raised their target price on TransDigm Group from $1,563.00 to $1,600.00 and gave the company a “buy” rating in a research report on Thursday, December 5th. StockNews.com raised TransDigm Group from a “hold” rating to a “buy” rating in a report on Wednesday, January 8th. Wells Fargo & Company upped their price objective on shares of TransDigm Group from $1,500.00 to $1,580.00 and gave the stock an “overweight” rating in a report on Tuesday. Barclays reissued an “equal weight” rating and set a $1,500.00 target price on shares of TransDigm Group in a research note on Monday, January 6th. Finally, Deutsche Bank Aktiengesellschaft lowered shares of TransDigm Group from a “buy” rating to a “hold” rating and reduced their price target for the stock from $1,444.00 to $1,348.00 in a research note on Thursday, January 2nd. Six analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $1,477.18.

TransDigm Group Stock Down 0.5 %

Shares of TransDigm Group stock opened at $1,377.22 on Friday. TransDigm Group Incorporated has a 12-month low of $1,176.31 and a 12-month high of $1,451.32. The firm has a market capitalization of $77.24 billion, a PE ratio of 48.58, a price-to-earnings-growth ratio of 2.76 and a beta of 1.38. The stock’s fifty day moving average is $1,343.19 and its 200-day moving average is $1,329.59.

TransDigm Group (NYSE:TDG) last posted its quarterly earnings data on Tuesday, February 4th. The aerospace company reported $7.57 EPS for the quarter, beating analysts’ consensus estimates of $6.73 by $0.84. The company had revenue of $2.01 billion during the quarter, compared to analyst estimates of $2.03 billion. TransDigm Group had a net margin of 20.76% and a negative return on equity of 42.87%. The business’s quarterly revenue was up 12.1% on a year-over-year basis. During the same period in the prior year, the firm earned $7.16 earnings per share. Analysts expect that TransDigm Group Incorporated will post 35.13 EPS for the current year.

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.