TransDigm Group Incorporated (NYSE:TDG) Shares Sold by WoodTrust Financial Corp

WoodTrust Financial Corp cut its holdings in shares of TransDigm Group Incorporated (NYSE:TDG) by 3.3% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,441 shares of the aerospace company’s stock after selling 84 shares during the period. WoodTrust Financial Corp’s holdings in TransDigm Group were worth $3,007,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the business. Coldstream Capital Management Inc. increased its position in shares of TransDigm Group by 1.6% during the fourth quarter. Coldstream Capital Management Inc. now owns 570 shares of the aerospace company’s stock worth $577,000 after purchasing an additional 9 shares in the last quarter. Quent Capital LLC grew its holdings in shares of TransDigm Group by 8.8% during the fourth quarter. Quent Capital LLC now owns 123 shares of the aerospace company’s stock valued at $124,000 after buying an additional 10 shares during the last quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA grew its holdings in shares of TransDigm Group by 5.9% during the fourth quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 180 shares of the aerospace company’s stock valued at $197,000 after buying an additional 10 shares during the last quarter. Venturi Wealth Management LLC grew its holdings in shares of TransDigm Group by 14.5% during the fourth 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 during the last quarter. Finally, Valley National Advisers Inc. grew its holdings in shares of TransDigm Group by 26.1% during the third quarter. Valley National Advisers Inc. now owns 58 shares of the aerospace company’s stock valued at $49,000 after buying an additional 12 shares during the last quarter. 95.78% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on TDG. Morgan Stanley boosted their price objective on shares of TransDigm Group from $1,275.00 to $1,550.00 and gave the company an “overweight” rating in a report on Thursday, May 9th. Royal Bank of Canada reissued an “outperform” rating and set a $1,500.00 price objective on shares of TransDigm Group in a report on Thursday. Stifel Nicolaus boosted their price objective on shares of TransDigm Group from $1,300.00 to $1,325.00 and gave the company a “hold” rating in a report on Friday, June 7th. Barclays upped 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 report on Monday, May 13th. Finally, TD Cowen upped their price target on shares of TransDigm Group from $1,300.00 to $1,400.00 and gave the company a “buy” rating in a report on Wednesday, May 8th. Six research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $1,410.13.

TransDigm Group Stock Down 0.9 %

Shares of TDG stock traded down $11.04 during mid-day trading on Friday, hitting $1,277.61. 1,220,853 shares of the stock were exchanged, compared to its average volume of 218,731. The firm has a fifty day moving average of $1,303.77 and a 200 day moving average of $1,184.37. TransDigm Group Incorporated has a 52-week low of $802.46 and a 52-week high of $1,369.57. The company has a market cap of $71.50 billion, a PE ratio of 50.68, a price-to-earnings-growth ratio of 2.18 and a beta of 1.39.

TransDigm Group (NYSE:TDG) last posted its earnings results on Tuesday, May 7th. The aerospace company reported $7.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.42 by $0.57. TransDigm Group had a net margin of 21.22% and a negative return on equity of 63.35%. The business had revenue of $1.92 billion for the quarter, compared to analyst estimates of $1.88 billion. During the same period in the prior year, the company posted $5.39 EPS. The company’s revenue for the quarter was up 20.5% on a year-over-year basis. Equities analysts predict that TransDigm Group Incorporated will post 30.04 EPS for the current year.

Insider Buying and Selling

In related news, Director Robert J. Small sold 30,000 shares of TransDigm Group stock in a transaction dated Friday, June 7th. The stock was sold at an average price of $1,323.86, for a total value of $39,715,800.00. Following the sale, the director now directly owns 112,381 shares in the company, valued at approximately $148,776,710.66. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In other TransDigm Group news, Director Robert J. Small sold 30,000 shares of the firm’s stock in a transaction that occurred on Friday, June 7th. The shares were sold at an average price of $1,323.86, for a total value of $39,715,800.00. Following the transaction, the director now directly owns 112,381 shares of the company’s stock, valued at approximately $148,776,710.66. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Kevin M. Stein sold 10,000 shares of the firm’s stock in a transaction that occurred 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 in the company, valued at $9,921,433.28. The disclosure for this sale can be found here. In the last three months, insiders have sold 100,833 shares of company stock worth $131,249,183. Insiders own 4.96% of the company’s stock.

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.