FDx Advisors Inc. Sells 41 Shares of TransDigm Group Incorporated (NYSE:TDG)

FDx Advisors Inc. lessened its position in shares of TransDigm Group Incorporated (NYSE:TDG) by 15.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 223 shares of the aerospace company’s stock after selling 41 shares during the period. FDx Advisors Inc.’s holdings in TransDigm Group were worth $318,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Ashton Thomas Securities LLC acquired a new position in TransDigm Group during the 3rd quarter worth approximately $81,000. Los Angeles Capital Management LLC boosted its holdings in TransDigm Group by 3.8% during the third quarter. Los Angeles Capital Management LLC now owns 14,178 shares of the aerospace company’s stock worth $20,234,000 after purchasing an additional 522 shares during the last quarter. Guerra Pan Advisors LLC grew its position in TransDigm Group by 2.5% in the third quarter. Guerra Pan Advisors LLC now owns 1,521 shares of the aerospace company’s stock valued at $2,171,000 after purchasing an additional 37 shares in the last quarter. Sustainable Insight Capital Management LLC raised its holdings in 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 worth $3,743,000 after acquiring an additional 549 shares in the last quarter. Finally, First Personal Financial Services bought a new stake in shares of TransDigm Group during the 3rd quarter worth approximately $29,000. 95.78% of the stock is currently owned by institutional investors.

Insider Buying and Selling at TransDigm Group

In other news, COO Joel Reiss sold 3,000 shares of the stock in a transaction on Monday, September 16th. The stock was sold at an average price of $1,375.89, for a total value of $4,127,670.00. Following the completion of the transaction, the chief operating officer now directly owns 3,600 shares in the company, valued at approximately $4,953,204. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, COO Joel Reiss sold 3,000 shares of the firm’s stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $1,375.89, for a total value of $4,127,670.00. Following the completion of the transaction, the chief operating officer now owns 3,600 shares in the company, valued at $4,953,204. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director W Nicholas Howley sold 5,472 shares of TransDigm Group stock in a transaction that occurred 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 owns 21,548 shares in the company, valued at approximately $30,228,611.80. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 16,944 shares of company stock worth $23,541,085 over the last quarter. Corporate insiders own 4.96% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on TDG shares. Wells Fargo & Company dropped their target price on shares of TransDigm Group from $1,390.00 to $1,350.00 and set an “equal weight” rating on the stock in a report on Wednesday, August 7th. Citigroup reduced their target price on shares of TransDigm Group from $1,648.00 to $1,563.00 and set a “buy” rating for the company in a report on Wednesday, November 6th. Morgan Stanley upped their target price on TransDigm Group from $1,550.00 to $1,575.00 and gave the company an “overweight” rating in a research report on Wednesday, August 7th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $1,500.00 price objective on shares of TransDigm Group in a report on Wednesday, August 7th. Finally, UBS Group reduced their target price on shares of TransDigm Group from $1,466.00 to $1,423.00 and set a “neutral” rating for the company in a research report on Wednesday, August 7th. Seven analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $1,461.82.

TransDigm Group Trading Up 1.8 %

TDG stock opened at $1,374.76 on Tuesday. The firm has a 50-day moving average price of $1,368.14 and a 200-day moving average price of $1,317.19. TransDigm Group Incorporated has a 12 month low of $949.99 and a 12 month high of $1,451.32. The stock has a market capitalization of $77.14 billion, a P/E ratio of 53.70, a price-to-earnings-growth ratio of 1.83 and a beta of 1.43.

TransDigm Group Increases Dividend

The business also recently disclosed a special dividend, which was paid on Friday, October 18th. Investors of record on Friday, October 4th were paid a $75.00 dividend. This is an increase from TransDigm Group’s previous special dividend of $32.50. The ex-dividend date was Friday, October 4th.

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.