Solidarity Wealth LLC Has $2.44 Million Position in TransDigm Group Incorporated (NYSE:TDG)

Solidarity Wealth LLC boosted its stake in shares of TransDigm Group Incorporated (NYSE:TDG) by 5.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,927 shares of the aerospace company’s stock after purchasing an additional 100 shares during the period. Solidarity Wealth LLC’s holdings in TransDigm Group were worth $2,442,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of TDG. Windacre Partnership LLC lifted its position in shares of TransDigm Group by 42.7% in the third quarter. Windacre Partnership LLC now owns 728,000 shares of the aerospace company’s stock valued at $1,038,951,000 after buying an additional 217,700 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of TransDigm Group by 9.5% in the third quarter. JPMorgan Chase & Co. now owns 1,997,827 shares of the aerospace company’s stock valued at $2,851,160,000 after buying an additional 173,642 shares during the last quarter. Darsana Capital Partners LP acquired a new stake in shares of TransDigm Group in the second quarter valued at approximately $210,806,000. International Assets Investment Management LLC lifted its position in shares of TransDigm Group by 108,517.8% in the third quarter. International Assets Investment Management LLC now owns 48,878 shares of the aerospace company’s stock valued at $69,755,000 after buying an additional 48,833 shares during the last quarter. Finally, Point72 Asset Management L.P. lifted its position in shares of TransDigm Group by 2,868.8% in the second quarter. Point72 Asset Management L.P. now owns 47,069 shares of the aerospace company’s stock valued at $60,136,000 after buying an additional 48,769 shares during the last quarter. 95.78% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at TransDigm Group

In other news, Director Robert J. Small sold 38,053 shares of TransDigm Group stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of $1,248.78, for a total value of $47,519,825.34. Following the completion of the transaction, the director now directly owns 567,323 shares of the company’s stock, valued at approximately $708,461,615.94. This trade represents a 6.29 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, COO Joel Reiss sold 3,000 shares of TransDigm Group stock in a transaction dated Friday, December 20th. The stock was sold at an average price of $1,257.09, for a total value of $3,771,270.00. Following the completion of the transaction, the chief operating officer now directly owns 3,600 shares of the company’s stock, valued at approximately $4,525,524. This trade represents a 45.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 86,525 shares of company stock valued at $108,692,621. Corporate insiders own 4.96% of the company’s stock.

Analysts Set New Price Targets

TDG has been the subject of a number of recent analyst reports. KeyCorp raised 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. JPMorgan Chase & Co. raised their price objective on TransDigm Group from $1,435.00 to $1,555.00 and gave the stock a “neutral” rating in a research note on Monday, October 14th. Citigroup raised their price objective on TransDigm Group from $1,563.00 to $1,600.00 and gave the stock a “buy” rating in a research note on Thursday, December 5th. Truist Financial raised their price objective on TransDigm Group from $1,482.00 to $1,534.00 and gave the stock a “buy” rating in a research note on Tuesday, January 14th. Finally, StockNews.com upgraded TransDigm Group from a “hold” rating to a “buy” rating in a research note on Wednesday, January 8th. Eight research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $1,455.00.

TransDigm Group Trading Up 1.4 %

TDG stock opened at $1,340.40 on Tuesday. The stock has a 50-day moving average price of $1,277.54 and a 200-day moving average price of $1,307.04. TransDigm Group Incorporated has a 1-year low of $1,032.43 and a 1-year high of $1,451.32. The firm has a market cap of $75.37 billion, a PE ratio of 52.36, a price-to-earnings-growth ratio of 3.03 and a beta of 1.38.

TransDigm Group Company 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.