Duality Advisers LP Purchases Shares of 870 TransDigm Group Incorporated (NYSE:TDG)

Duality Advisers LP purchased a new stake in shares of TransDigm Group Incorporated (NYSE:TDG) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 870 shares of the aerospace company’s stock, valued at approximately $880,000.

A number of other hedge funds also recently bought and sold shares of TDG. CWM LLC boosted its holdings in TransDigm Group by 12.4% during the third quarter. CWM LLC now owns 770 shares of the aerospace company’s stock valued at $649,000 after acquiring an additional 85 shares during the period. AE Wealth Management LLC boosted its holdings in TransDigm Group by 12.5% during the third quarter. AE Wealth Management LLC now owns 315 shares of the aerospace company’s stock valued at $266,000 after acquiring an additional 35 shares during the period. Impact Partnership Wealth LLC bought a new stake in TransDigm Group during the third quarter valued at about $41,000. Private Trust Co. NA raised its position in shares of TransDigm Group by 37.0% during the third quarter. Private Trust Co. NA now owns 163 shares of the aerospace company’s stock valued at $137,000 after buying an additional 44 shares during the last quarter. Finally, Czech National Bank raised its position in shares of TransDigm Group by 56.1% during the third quarter. Czech National Bank now owns 9,644 shares of the aerospace company’s stock valued at $8,131,000 after buying an additional 3,467 shares during the last quarter. 95.78% of the stock is currently owned by institutional investors.

Insider Transactions at TransDigm Group

In other news, CEO Kevin M. Stein sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, April 12th. The shares were sold at an average price of $1,216.16, for a total transaction of $12,161,600.00. Following the completion of the sale, the chief executive officer now owns 8,158 shares of the company’s stock, valued at $9,921,433.28. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. In other news, CEO Kevin M. Stein sold 10,000 shares of the stock in a transaction that occurred on Friday, April 12th. The shares were sold at an average price of $1,216.16, for a total transaction of $12,161,600.00. Following the sale, the chief executive officer now directly owns 8,158 shares of the company’s stock, valued at $9,921,433.28. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Jorge Valladares sold 578 shares of the stock in a transaction that occurred on Friday, March 8th. The shares were sold at an average price of $1,180.00, for a total transaction of $682,040.00. Following the sale, the director now directly owns 11,000 shares in the company, valued at $12,980,000. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 59,087 shares of company stock valued at $69,840,358. Corporate insiders own 4.96% of the company’s stock.

TransDigm Group Trading Down 0.1 %

NYSE TDG opened at $1,241.62 on Thursday. The firm has a market cap of $69.05 billion, a price-to-earnings ratio of 52.70, a PEG ratio of 2.53 and a beta of 1.42. The company has a 50 day moving average of $1,198.81 and a 200-day moving average of $1,055.92. TransDigm Group Incorporated has a 1-year low of $741.74 and a 1-year high of $1,255.59.

TransDigm Group (NYSE:TDG) last posted its quarterly earnings data on Thursday, February 8th. The aerospace company reported $7.16 earnings per share for the quarter, topping the consensus estimate of $6.41 by $0.75. The company had revenue of $1.79 billion during the quarter, compared to analyst estimates of $1.68 billion. TransDigm Group had a net margin of 20.80% and a negative return on equity of 59.61%. The company’s revenue was up 28.1% on a year-over-year basis. During the same quarter last year, the business posted $4.15 earnings per share. On average, analysts forecast that TransDigm Group Incorporated will post 29.08 earnings per share for the current year.

Analysts Set New Price Targets

TDG has been the subject of a number of research analyst reports. Royal Bank of Canada upped their price objective on shares of TransDigm Group from $1,150.00 to $1,250.00 and gave the company an “outperform” rating in a research report on Friday, February 9th. Susquehanna upped their price objective on shares of TransDigm Group from $875.00 to $1,100.00 and gave the company a “neutral” rating in a research report on Friday, February 9th. Citigroup upped their price objective on shares of TransDigm Group from $1,380.00 to $1,395.00 and gave the company a “buy” rating in a research report on Thursday, April 4th. The Goldman Sachs Group upped their price objective on shares of TransDigm Group from $1,285.00 to $1,518.00 and gave the company a “buy” rating in a research report on Tuesday, April 16th. Finally, Barclays upped their price objective on shares of TransDigm Group from $1,150.00 to $1,250.00 and gave the company an “overweight” rating in a research report on Monday, February 12th. Six investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,170.27.

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.