Frazier Financial Advisors LLC Takes Position in TransDigm Group Incorporated (NYSE:TDG)

Frazier Financial Advisors LLC acquired a new stake in TransDigm Group Incorporated (NYSE:TDG) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 43 shares of the aerospace company’s stock, valued at approximately $43,000.

Several other large investors also recently modified their holdings of the stock. Compagnie Lombard Odier SCmA bought a new position in TransDigm Group during the fourth quarter worth about $25,000. Oakworth Capital Inc. bought a new position in TransDigm Group in the 4th quarter valued at about $26,000. Optiver Holding B.V. bought a new position in TransDigm Group in the 3rd quarter valued at about $35,000. VisionPoint Advisory Group LLC bought a new position in TransDigm Group in the 4th quarter valued at about $37,000. Finally, Oliver Lagore Vanvalin Investment Group increased its holdings in TransDigm Group by 48.0% in the 4th quarter. Oliver Lagore Vanvalin Investment Group now owns 37 shares of the aerospace company’s stock valued at $38,000 after buying an additional 12 shares during the period. 95.78% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the stock. Barclays raised their price target on shares of TransDigm Group from $1,250.00 to $1,500.00 and gave the company an “overweight” rating in a research note on Monday, May 13th. The Goldman Sachs Group raised their price target on shares of TransDigm Group from $1,285.00 to $1,518.00 and gave the company a “buy” rating in a research note on Tuesday, April 16th. UBS Group raised their price target on shares of TransDigm Group from $1,302.00 to $1,403.00 and gave the company a “neutral” rating in a research note on Wednesday, May 8th. Robert W. Baird lifted their target price on shares of TransDigm Group from $1,290.00 to $1,357.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 8th. Finally, Citigroup lifted their target price 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 investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. Based on data from MarketBeat, TransDigm Group currently has a consensus rating of “Moderate Buy” and an average target price of $1,327.44.

Insider Buying and Selling at TransDigm Group

In other TransDigm Group news, COO Joel Reiss sold 3,000 shares of the business’s stock in a transaction on Friday, March 15th. The shares were sold at an average price of $1,172.26, for a total transaction of $3,516,780.00. Following the completion of the sale, the chief operating officer now owns 3,600 shares in the company, valued at approximately $4,220,136. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, Director W Nicholas Howley sold 197 shares of the business’s stock in a transaction dated Thursday, May 9th. The shares were sold at an average price of $1,318.14, for a total value of $259,673.58. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, COO Joel Reiss sold 3,000 shares of the business’s stock in a transaction dated Friday, March 15th. The stock was sold at an average price of $1,172.26, for a total transaction of $3,516,780.00. Following the completion of the transaction, the chief operating officer now directly owns 3,600 shares in the company, valued at $4,220,136. The disclosure for this sale can be found here. In the last 90 days, insiders acquired 11 shares of company stock worth $5,950 and sold 48,203 shares worth $59,138,425. 4.96% of the stock is currently owned by company insiders.

TransDigm Group Price Performance

Shares of NYSE:TDG traded up $0.49 during mid-day trading on Thursday, hitting $1,326.68. The company had a trading volume of 60,416 shares, compared to its average volume of 211,773. The firm has a fifty day moving average price of $1,246.14 and a 200 day moving average price of $1,118.26. The company has a market capitalization of $74.24 billion, a PE ratio of 52.61, a price-to-earnings-growth ratio of 2.33 and a beta of 1.39. TransDigm Group Incorporated has a one year low of $768.05 and a one year high of $1,340.97.

TransDigm Group (NYSE:TDG) last released its quarterly earnings data on Tuesday, May 7th. The aerospace company reported $7.99 earnings per share for the quarter, beating the consensus estimate of $7.42 by $0.57. The company had revenue of $1.92 billion during the quarter, compared to analyst estimates of $1.88 billion. TransDigm Group had a net margin of 21.22% and a negative return on equity of 63.35%. TransDigm Group’s revenue for the quarter was up 20.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $5.39 EPS. Research analysts expect that TransDigm Group Incorporated will post 29.96 earnings per share for the current fiscal 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.