556 Shares in TransDigm Group Incorporated (NYSE:TDG) Acquired by Silver Oak Securities Incorporated

Silver Oak Securities Incorporated purchased a new position in shares of TransDigm Group Incorporated (NYSE:TDG) during the fourth quarter, HoldingsChannel reports. The firm purchased 556 shares of the aerospace company’s stock, valued at approximately $562,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. raised its stake in TransDigm Group by 1.8% during the 3rd quarter. Vanguard Group Inc. now owns 5,903,014 shares of the aerospace company’s stock worth $4,977,008,000 after buying an additional 104,433 shares during the period. Deutsche Bank AG raised its stake in 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 worth $2,859,376,000 after buying an additional 3,225,771 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 worth $1,392,355,000 after buying an additional 136,834 shares during the period. JPMorgan Chase & Co. raised its stake in TransDigm Group by 46.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,107,497 shares of the aerospace company’s stock worth $933,765,000 after buying an additional 349,409 shares during the period. Finally, Morgan Stanley increased its holdings in TransDigm Group by 0.8% during the 3rd quarter. Morgan Stanley now owns 650,127 shares of the aerospace company’s stock worth $548,144,000 after purchasing an additional 4,989 shares in the last quarter. 95.78% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

TDG has been the subject of a number of recent research reports. Truist Financial boosted their price objective on TransDigm Group from $1,158.00 to $1,267.00 and gave the stock a “buy” rating in a report on Friday, February 9th. Stifel Nicolaus boosted their price objective on TransDigm Group from $1,100.00 to $1,200.00 and gave the stock a “hold” rating in a report on Wednesday, April 17th. Susquehanna boosted their price objective on TransDigm Group from $875.00 to $1,100.00 and gave the stock a “neutral” rating in a report on Friday, February 9th. Citigroup boosted their price objective on TransDigm Group from $1,380.00 to $1,395.00 and gave the stock a “buy” rating in a report on Thursday, April 4th. Finally, JPMorgan Chase & Co. boosted their price objective on TransDigm Group from $1,050.00 to $1,175.00 and gave the stock a “neutral” rating in a report on Wednesday, March 27th. Six research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $1,170.27.

Insider Buying and Selling at TransDigm Group

In other TransDigm Group news, CEO Kevin M. Stein sold 10,000 shares of the stock in a transaction on Friday, April 12th. The stock was sold at an average price of $1,216.16, for a total transaction of $12,161,600.00. Following the completion of the transaction, the chief executive officer now directly owns 8,158 shares of the company’s stock, valued at $9,921,433.28. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In other TransDigm Group news, CFO Sarah Wynne sold 5,850 shares of the stock in a transaction on Wednesday, February 21st. The stock was sold at an average price of $1,159.00, for a total transaction of $6,780,150.00. Following the sale, the chief financial officer now owns 700 shares in the company, valued at $811,300. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Kevin M. Stein sold 10,000 shares of the stock in a transaction on Friday, April 12th. The stock was sold at an average price of $1,216.16, for a total value of $12,161,600.00. Following the sale, the chief executive officer now owns 8,158 shares in the company, valued at approximately $9,921,433.28. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 59,087 shares of company stock valued at $69,840,358. Company insiders own 4.96% of the company’s stock.

TransDigm Group Trading Down 0.2 %

Shares of NYSE TDG opened at $1,257.10 on Tuesday. The stock has a fifty day simple moving average of $1,205.25 and a two-hundred day simple moving average of $1,065.56. TransDigm Group Incorporated has a 1-year low of $750.86 and a 1-year high of $1,269.51. The firm has a market cap of $69.91 billion, a price-to-earnings ratio of 53.36, a price-to-earnings-growth ratio of 2.56 and a beta of 1.42.

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