TransDigm Group Incorporated (NYSE:TDG) Shares Bought by Paragon Advisors LLC

Paragon Advisors LLC grew its holdings in TransDigm Group Incorporated (NYSE:TDG) by 1.8% during the 4th quarter, HoldingsChannel.com reports. The firm owned 1,576 shares of the aerospace company’s stock after buying an additional 28 shares during the period. Paragon Advisors LLC’s holdings in TransDigm Group were worth $1,997,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Windacre Partnership LLC raised its holdings in TransDigm Group by 42.7% in the 3rd 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 period. JPMorgan Chase & Co. raised its stake in shares of TransDigm Group by 9.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,997,827 shares of the aerospace company’s stock valued at $2,851,160,000 after acquiring an additional 173,642 shares during the period. Darsana Capital Partners LP acquired a new position in shares of TransDigm Group in the 2nd quarter worth approximately $210,806,000. International Assets Investment Management LLC boosted its position in shares of TransDigm Group by 108,517.8% during the 3rd quarter. International Assets Investment Management LLC now owns 48,878 shares of the aerospace company’s stock worth $69,755,000 after purchasing an additional 48,833 shares during the period. Finally, Point72 Asset Management L.P. boosted its position in shares of TransDigm Group by 2,868.8% during the 2nd quarter. Point72 Asset Management L.P. now owns 47,069 shares of the aerospace company’s stock worth $60,136,000 after purchasing an additional 48,769 shares during the period. 95.78% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have commented on TDG. JPMorgan Chase & Co. upped their price target 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. StockNews.com raised TransDigm Group from a “hold” rating to a “buy” rating in a research note on Wednesday, January 8th. Barclays reaffirmed an “equal weight” rating and issued a $1,500.00 target price on shares of TransDigm Group in a research report on Monday, January 6th. KeyCorp increased their price target on shares of TransDigm Group from $1,440.00 to $1,500.00 and gave the stock an “overweight” rating in a research report on Thursday, October 24th. Finally, Deutsche Bank Aktiengesellschaft lowered shares of TransDigm Group from a “buy” rating to a “hold” rating and lowered their price objective for the company from $1,444.00 to $1,348.00 in a research note on Thursday, January 2nd. Eight research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $1,452.00.

TransDigm Group Trading Down 1.6 %

Shares of TDG stock opened at $1,262.41 on Monday. The company has a market cap of $70.99 billion, a P/E ratio of 49.31, a PEG ratio of 2.89 and a beta of 1.38. The firm has a fifty day moving average price of $1,281.23 and a 200 day moving average price of $1,305.98. TransDigm Group Incorporated has a 12 month low of $1,004.25 and a 12 month high of $1,451.32.

Insider Transactions at TransDigm Group

In other news, Director W Nicholas Howley sold 5,472 shares of the company’s stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $1,402.85, for a total value of $7,676,395.20. Following the completion of the transaction, the director now owns 21,548 shares in the company, valued at approximately $30,228,611.80. This represents a 20.25 % decrease in their position. The sale was disclosed in a 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 on Tuesday, October 15th. The stock was sold at an average price of $1,401.75, for a total transaction of $4,205,250.00. Following the sale, the chief operating officer now owns 3,600 shares in the company, valued at $5,046,300. This 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 69,525 shares of company stock valued at $88,134,141. 4.96% of the stock is currently owned by corporate insiders.

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.