Bokf Na Sells 26 Shares of TransDigm Group Incorporated (NYSE:TDG)

Bokf Na cut its position in shares of TransDigm Group Incorporated (NYSE:TDG) by 4.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 595 shares of the aerospace company’s stock after selling 26 shares during the quarter. Bokf Na’s holdings in TransDigm Group were worth $722,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the stock. Whittier Trust Co. of Nevada Inc. raised its position in TransDigm Group by 0.8% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 966 shares of the aerospace company’s stock worth $1,190,000 after acquiring an additional 8 shares during the period. Team Hewins LLC grew its position in shares of TransDigm Group by 3.0% in the 1st quarter. Team Hewins LLC now owns 275 shares of the aerospace company’s stock worth $339,000 after buying an additional 8 shares during the period. Souders Financial Advisors boosted its holdings in shares of TransDigm Group by 1.1% during the 1st quarter. Souders Financial Advisors now owns 767 shares of the aerospace company’s stock valued at $945,000 after acquiring an additional 8 shares during the last quarter. Coldstream Capital Management Inc. grew its holdings in TransDigm Group by 1.6% during the fourth quarter. Coldstream Capital Management Inc. now owns 570 shares of the aerospace company’s stock valued at $577,000 after purchasing an additional 9 shares during the period. Finally, Checchi Capital Advisers LLC raised its stake in TransDigm Group by 1.0% during the 1st quarter. Checchi Capital Advisers LLC now owns 918 shares of the aerospace company’s stock valued at $1,131,000 after purchasing an additional 9 shares during the period. 95.78% of the stock is currently owned by institutional investors and hedge funds.

TransDigm Group Trading Up 0.4 %

TransDigm Group stock traded up $4.41 on Monday, reaching $1,239.27. 17,081 shares of the stock were exchanged, compared to its average volume of 221,239. The stock has a market cap of $69.35 billion, a PE ratio of 48.98, a PEG ratio of 2.07 and a beta of 1.38. TransDigm Group Incorporated has a twelve month low of $802.46 and a twelve month high of $1,369.57. The firm has a fifty day moving average price of $1,297.49 and a two-hundred day moving average price of $1,223.96.

TransDigm Group (NYSE:TDG) last posted its quarterly earnings data 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. The company had revenue of $1.92 billion for the quarter, compared to the consensus estimate of $1.88 billion. TransDigm Group had a net margin of 21.22% and a negative return on equity of 63.35%. The business’s revenue was up 20.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $5.39 EPS. Equities analysts anticipate that TransDigm Group Incorporated will post 30.21 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the company. Wells Fargo & Company lifted their target price on TransDigm Group from $1,260.00 to $1,390.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 8th. Deutsche Bank Aktiengesellschaft raised their target price on TransDigm Group from $1,435.00 to $1,524.00 and gave the company a “buy” rating in a research report on Thursday, June 20th. StockNews.com raised TransDigm Group from a “hold” rating to a “buy” rating in a research note on Saturday, May 18th. Morgan Stanley lifted their price target on TransDigm Group from $1,275.00 to $1,550.00 and gave the stock an “overweight” rating in a report on Thursday, May 9th. Finally, Bank of America boosted their target price on TransDigm Group from $1,310.00 to $1,460.00 and gave the company a “buy” rating in a report on Wednesday, May 29th. Six investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. According to MarketBeat, TransDigm Group presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,417.69.

Insider Activity at TransDigm Group

In other TransDigm Group news, CEO Kevin M. Stein sold 10,000 shares of the business’s stock in a transaction dated Friday, July 12th. The shares were sold at an average price of $1,248.60, for a total value of $12,486,000.00. Following the transaction, the chief executive officer now directly owns 8,158 shares in the company, valued at $10,186,078.80. The transaction was disclosed in a document filed with the SEC, which is available through this link. In other news, insider Jessica L. Warren sold 925 shares of the company’s stock in a transaction that occurred on Thursday, June 6th. The shares were sold at an average price of $1,339.34, for a total transaction of $1,238,889.50. Following the transaction, the insider now directly owns 50 shares in the company, valued at $66,967. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Kevin M. Stein sold 10,000 shares of the stock in a transaction that occurred on Friday, July 12th. The shares were sold at an average price of $1,248.60, for a total transaction of $12,486,000.00. Following the completion of the transaction, the chief executive officer now owns 8,158 shares in the company, valued at $10,186,078.80. The disclosure for this sale can be found here. Insiders have sold a total of 105,905 shares of company stock valued at $137,900,519 over the last quarter. 4.96% of the stock is owned by company insiders.

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.