TransDigm Group Incorporated (NYSE:TDG) Shares Bought by National Bank of Canada FI

National Bank of Canada FI grew its holdings in shares of TransDigm Group Incorporated (NYSE:TDG) by 27.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 20,225 shares of the aerospace company’s stock after buying an additional 4,301 shares during the period. National Bank of Canada FI’s holdings in TransDigm Group were worth $20,067,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in TDG. Quent Capital LLC boosted its position in TransDigm Group by 8.8% during the 4th quarter. Quent Capital LLC now owns 123 shares of the aerospace company’s stock worth $124,000 after acquiring an additional 10 shares during the period. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA lifted its holdings in TransDigm Group by 5.9% in the fourth quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 180 shares of the aerospace company’s stock worth $197,000 after purchasing an additional 10 shares during the period. Venturi Wealth Management LLC grew its position in TransDigm Group by 14.5% in the 4th quarter. Venturi Wealth Management LLC now owns 87 shares of the aerospace company’s stock valued at $88,000 after buying an additional 11 shares in the last quarter. Alcosta Capital Management Inc. increased its stake in TransDigm Group by 0.3% during the 3rd quarter. Alcosta Capital Management Inc. now owns 3,485 shares of the aerospace company’s stock valued at $2,938,000 after buying an additional 12 shares during the period. Finally, Valley National Advisers Inc. raised its position in shares of TransDigm Group by 26.1% during the 3rd quarter. Valley National Advisers Inc. now owns 58 shares of the aerospace company’s stock worth $49,000 after buying an additional 12 shares in the last quarter. 95.78% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other TransDigm Group news, Director Jorge Valladares sold 578 shares of TransDigm Group stock in a transaction dated Friday, March 8th. The stock was sold at an average price of $1,180.00, for a total transaction of $682,040.00. Following the transaction, the director now owns 11,000 shares of the company’s stock, valued at approximately $12,980,000. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In other TransDigm Group news, 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 value of $682,040.00. Following the completion of the sale, the director now owns 11,000 shares in the company, valued at approximately $12,980,000. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Michael Graff sold 3,460 shares of the business’s stock in a transaction on Tuesday, February 13th. The shares were sold at an average price of $1,108.17, for a total transaction of $3,834,268.20. Following the transaction, the director now owns 4,879 shares in the company, valued at $5,406,761.43. The disclosure for this sale can be found here. In the last ninety 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 Price Performance

TDG stock opened at $1,310.40 on Wednesday. The company’s 50 day simple moving average is $1,217.21 and its 200-day simple moving average is $1,083.86. TransDigm Group Incorporated has a 52-week low of $766.00 and a 52-week high of $1,315.02. The firm has a market capitalization of $72.87 billion, a P/E ratio of 55.62, a P/E/G ratio of 2.63 and a beta of 1.40.

TransDigm Group (NYSE:TDG) last announced its earnings results on Tuesday, May 7th. The aerospace company reported $7.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.42 by $0.57. The company had revenue of $1.92 billion for the quarter, compared to the consensus estimate of $1.88 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 20.5% on a year-over-year basis. During the same period in the previous year, the business earned $5.39 EPS. Sell-side analysts predict that TransDigm Group Incorporated will post 29.08 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

TDG has been the subject of several recent analyst reports. Robert W. Baird increased their price objective on shares of TransDigm Group from $1,290.00 to $1,357.00 and gave the company an “outperform” rating in a report on Wednesday. StockNews.com upgraded TransDigm Group from a “hold” rating to a “buy” rating in a research report on Tuesday, April 9th. Susquehanna upped their price objective on TransDigm Group from $875.00 to $1,100.00 and gave the company a “neutral” rating in a report on Friday, February 9th. Stifel Nicolaus raised their target price on TransDigm Group from $1,100.00 to $1,200.00 and gave the company a “hold” rating in a research note on Wednesday, April 17th. Finally, Citigroup boosted their price target on shares of TransDigm Group from $1,380.00 to $1,395.00 and gave the stock a “buy” rating in a research report on Thursday, April 4th. Six equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $1,193.20.

TransDigm Group 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.