Ashton Thomas Securities LLC Acquires Shares of 57 TransDigm Group Incorporated (NYSE:TDG)

Ashton Thomas Securities LLC bought a new position in shares of TransDigm Group Incorporated (NYSE:TDG) during the 3rd quarter, Holdings Channel reports. The firm bought 57 shares of the aerospace company’s stock, valued at approximately $81,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Los Angeles Capital Management LLC lifted its position in TransDigm Group by 3.8% during the 3rd quarter. Los Angeles Capital Management LLC now owns 14,178 shares of the aerospace company’s stock worth $20,234,000 after buying an additional 522 shares in the last quarter. Guerra Pan Advisors LLC lifted its position in shares of TransDigm Group by 2.5% during the third quarter. Guerra Pan Advisors LLC now owns 1,521 shares of the aerospace company’s stock worth $2,171,000 after purchasing an additional 37 shares in the last quarter. Sustainable Insight Capital Management LLC grew its stake in shares of TransDigm Group by 26.5% during the third quarter. Sustainable Insight Capital Management LLC now owns 2,623 shares of the aerospace company’s stock valued at $3,743,000 after purchasing an additional 549 shares during the last quarter. First Personal Financial Services acquired a new stake in shares of TransDigm Group in the third quarter valued at approximately $29,000. Finally, Objective Capital Management LLC bought a new position in TransDigm Group in the 3rd quarter worth approximately $349,000. 95.78% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have commented on TDG shares. KeyCorp increased their price objective on TransDigm Group from $1,440.00 to $1,500.00 and gave the company an “overweight” rating in a research report on Thursday, October 24th. Citigroup lowered their price objective on TransDigm Group from $1,648.00 to $1,563.00 and set a “buy” rating for the company in a research report on Wednesday, November 6th. StockNews.com upgraded shares of TransDigm Group from a “hold” rating to a “buy” rating in a research report on Monday. Jefferies Financial Group lowered their price target on shares of TransDigm Group from $1,625.00 to $1,515.00 and set a “buy” rating for the company in a research report on Tuesday, August 13th. Finally, Northcoast Research initiated coverage on shares of TransDigm Group in a research note on Thursday, August 1st. They issued a “neutral” rating on the stock. Seven research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. According to data from MarketBeat, TransDigm Group has an average rating of “Moderate Buy” and a consensus price target of $1,461.82.

Insider Activity at TransDigm Group

In other news, Director W Nicholas Howley sold 5,472 shares of the stock in a transaction dated Tuesday, October 15th. The shares were sold at an average price of $1,402.85, for a total transaction of $7,676,395.20. Following the completion of the transaction, the director now directly owns 21,548 shares in the company, valued at $30,228,611.80. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In related news, COO Joel Reiss sold 3,000 shares of the firm’s stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $1,401.75, for a total value of $4,205,250.00. Following the completion of the transaction, the chief operating officer now directly owns 3,600 shares of the company’s stock, valued at approximately $5,046,300. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director W Nicholas Howley sold 5,472 shares of the company’s stock in a transaction on Tuesday, October 15th. The stock was sold at an average price of $1,402.85, for a total transaction of $7,676,395.20. Following the sale, the director now directly owns 21,548 shares in the company, valued at $30,228,611.80. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 16,944 shares of company stock valued at $23,541,085. Corporate insiders own 4.96% of the company’s stock.

TransDigm Group Stock Performance

NYSE TDG opened at $1,354.52 on Wednesday. The stock has a market capitalization of $76.00 billion, a price-to-earnings ratio of 53.70, a PEG ratio of 1.83 and a beta of 1.43. TransDigm Group Incorporated has a 52 week low of $949.99 and a 52 week high of $1,451.32. The stock’s 50 day moving average price is $1,368.17 and its two-hundred day moving average price is $1,318.02.

TransDigm Group Increases Dividend

The firm also recently announced a special dividend, which was paid on Friday, October 18th. Investors of record on Friday, October 4th were issued a dividend of $75.00 per share. This is a boost from TransDigm Group’s previous special dividend of $32.50. The ex-dividend date of this dividend was Friday, October 4th.

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.