Bennett Selby Investments LP Has $760,000 Stock Holdings in TransDigm Group Incorporated (NYSE:TDG)

Bennett Selby Investments LP grew its holdings in shares of TransDigm Group Incorporated (NYSE:TDG) by 50.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 600 shares of the aerospace company’s stock after acquiring an additional 202 shares during the quarter. Bennett Selby Investments LP’s holdings in TransDigm Group were worth $760,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. First Personal Financial Services bought a new stake in TransDigm Group during the 3rd quarter worth $29,000. Erste Asset Management GmbH bought a new stake in shares of TransDigm Group during the third quarter worth about $29,000. Trust Co. of Vermont increased its stake in shares of TransDigm Group by 150.0% in the fourth quarter. Trust Co. of Vermont now owns 25 shares of the aerospace company’s stock valued at $32,000 after buying an additional 15 shares during the period. Versant Capital Management Inc raised its holdings in TransDigm Group by 225.0% in the 4th quarter. Versant Capital Management Inc now owns 26 shares of the aerospace company’s stock valued at $33,000 after buying an additional 18 shares during the last quarter. Finally, DT Investment Partners LLC boosted its position in TransDigm Group by 68.8% during the 3rd quarter. DT Investment Partners LLC now owns 27 shares of the aerospace company’s stock worth $39,000 after buying an additional 11 shares during the period. Institutional investors own 95.78% of the company’s stock.

TransDigm Group Trading Down 0.6 %

TransDigm Group stock opened at $1,341.27 on Friday. TransDigm Group Incorporated has a 1-year low of $1,063.53 and a 1-year high of $1,451.32. The firm has a market capitalization of $75.42 billion, a price-to-earnings ratio of 52.39, a price-to-earnings-growth ratio of 3.06 and a beta of 1.38. The firm’s fifty day moving average price is $1,278.26 and its two-hundred day moving average price is $1,308.63.

Insiders Place Their Bets

In other TransDigm Group news, COO Joel Reiss sold 3,000 shares of the firm’s stock in a transaction on 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 sale, the chief operating officer now directly owns 3,600 shares of the company’s stock, valued at $4,525,524. This trade represents a 45.45 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director W Nicholas Howley sold 5,472 shares of the firm’s stock in a transaction that occurred on Wednesday, January 15th. The stock was sold at an average price of $1,296.77, for a total transaction of $7,095,925.44. Following the completion of the transaction, the director now directly owns 21,548 shares of the company’s stock, valued at approximately $27,942,799.96. This trade represents a 20.25 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 89,525 shares of company stock valued at $112,769,801. Corporate insiders own 4.96% of the company’s stock.

Analyst Upgrades and Downgrades

TDG has been the subject of several recent research reports. Wells Fargo & Company decreased their price target on shares of TransDigm Group from $1,500.00 to $1,375.00 and set an “equal weight” rating for the company in a research report on Wednesday, December 11th. Citigroup lifted their target price on TransDigm Group from $1,563.00 to $1,600.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. Barclays reissued an “equal weight” rating and issued a $1,500.00 price target on shares of TransDigm Group in a research note on Monday, January 6th. Truist Financial increased their target price on shares of TransDigm Group from $1,482.00 to $1,534.00 and gave the company a “buy” rating in a research report on Tuesday, January 14th. Finally, StockNews.com upgraded shares of TransDigm Group from a “hold” rating to a “buy” rating in a research report on Wednesday, January 8th. Eight research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $1,455.00.

TransDigm Group 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.