TransDigm Group Incorporated (NYSE:TDG) Shares Purchased by Chicago Capital LLC

Chicago Capital LLC grew its position in shares of TransDigm Group Incorporated (NYSE:TDG) by 0.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 51,740 shares of the aerospace company’s stock after purchasing an additional 261 shares during the period. TransDigm Group accounts for about 1.7% of Chicago Capital LLC’s investment portfolio, making the stock its 21st largest position. Chicago Capital LLC’s holdings in TransDigm Group were worth $65,568,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of TDG. Windacre Partnership LLC boosted its position in TransDigm Group by 42.7% during the third quarter. Windacre Partnership LLC now owns 728,000 shares of the aerospace company’s stock worth $1,038,951,000 after acquiring an additional 217,700 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of TransDigm Group by 9.5% during the third quarter. JPMorgan Chase & Co. now owns 1,997,827 shares of the aerospace company’s stock worth $2,851,160,000 after purchasing an additional 173,642 shares during the last quarter. International Assets Investment Management LLC increased its stake in 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 purchasing an additional 48,833 shares during the last quarter. FMR LLC increased its stake in TransDigm Group by 2.3% in the third quarter. FMR LLC now owns 1,920,181 shares of the aerospace company’s stock valued at $2,740,348,000 after purchasing an additional 43,604 shares during the last quarter. Finally, Citigroup Inc. lifted its position in TransDigm Group by 36.9% during the third quarter. Citigroup Inc. now owns 120,876 shares of the aerospace company’s stock worth $172,506,000 after buying an additional 32,609 shares during the period. 95.78% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages have recently weighed in on TDG. Wells Fargo & Company cut their price objective on shares of TransDigm Group from $1,500.00 to $1,375.00 and set an “equal weight” rating on the stock in a report on Wednesday, December 11th. KeyCorp lifted their price target on shares of TransDigm Group from $1,440.00 to $1,500.00 and gave the company an “overweight” rating in a report on Thursday, October 24th. JPMorgan Chase & Co. upped their price objective on TransDigm Group from $1,435.00 to $1,555.00 and gave the stock a “neutral” rating in a report on Monday, October 14th. Deutsche Bank Aktiengesellschaft downgraded TransDigm Group from a “buy” rating to a “hold” rating and lowered their price target for the company from $1,444.00 to $1,348.00 in a research report on Thursday, January 2nd. Finally, 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 report on Thursday, December 5th. Eight investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $1,455.00.

TransDigm Group Price Performance

Shares of TransDigm Group stock opened at $1,352.43 on Monday. TransDigm Group Incorporated has a 1-year low of $1,086.37 and a 1-year high of $1,451.32. The business has a 50-day moving average of $1,288.57 and a 200-day moving average of $1,312.42. The company has a market capitalization of $75.79 billion, a PE ratio of 52.83, a P/E/G ratio of 3.06 and a beta of 1.40.

Insider Buying and Selling at TransDigm Group

In other TransDigm Group news, Director Robert J. Small sold 38,053 shares of the business’s stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $1,248.78, for a total transaction of $47,519,825.34. Following the completion of the sale, the director now owns 567,323 shares in the company, valued at $708,461,615.94. The trade was a 6.29 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, COO Joel Reiss sold 3,000 shares of TransDigm Group stock in a transaction dated Friday, December 20th. The shares were sold at an average price of $1,257.09, for a total transaction 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 $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. Insiders sold a total of 89,525 shares of company stock worth $112,769,801 in the last 90 days. 4.09% of the stock is 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.