Aspiriant LLC Buys 12 Shares of TransDigm Group Incorporated (NYSE:TDG)

Aspiriant LLC raised its stake in shares of TransDigm Group Incorporated (NYSE:TDG) by 0.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,013 shares of the aerospace company’s stock after acquiring an additional 12 shares during the period. Aspiriant LLC’s holdings in TransDigm Group were worth $2,551,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. First Personal Financial Services bought a new position in TransDigm Group in the 3rd quarter valued at $29,000. Erste Asset Management GmbH bought a new position in TransDigm Group in the 3rd quarter valued at $29,000. Trust Co. of Vermont grew its stake in TransDigm Group by 150.0% in the 4th quarter. Trust Co. of Vermont now owns 25 shares of the aerospace company’s stock valued at $32,000 after purchasing an additional 15 shares during the period. Versant Capital Management Inc raised its stake in shares of TransDigm Group by 225.0% in the fourth 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 period. Finally, DT Investment Partners LLC lifted its position in shares of TransDigm Group by 68.8% during the 3rd quarter. DT Investment Partners LLC now owns 27 shares of the aerospace company’s stock valued at $39,000 after buying an additional 11 shares during the last quarter. 95.78% of the stock is currently owned by institutional investors.

TransDigm Group Stock Up 1.4 %

TDG opened at $1,340.40 on Tuesday. The stock has a market cap of $75.37 billion, a PE ratio of 52.36, a P/E/G ratio of 3.03 and a beta of 1.38. TransDigm Group Incorporated has a 52 week low of $1,032.43 and a 52 week high of $1,451.32. The business’s fifty day simple moving average is $1,277.54 and its 200 day simple moving average is $1,307.04.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on TDG. KeyCorp lifted their price objective on TransDigm Group from $1,440.00 to $1,500.00 and gave the stock an “overweight” rating in a report on Thursday, October 24th. Truist Financial increased their target price on shares of TransDigm Group from $1,482.00 to $1,534.00 and gave the stock a “buy” rating in a research report on Tuesday, January 14th. Wells Fargo & Company cut their target price 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. JPMorgan Chase & Co. increased their target price on shares of TransDigm Group from $1,435.00 to $1,555.00 and gave the stock a “neutral” rating in a research report on Monday, October 14th. Finally, Deutsche Bank Aktiengesellschaft lowered shares of TransDigm Group from a “buy” rating to a “hold” rating and cut their target price for the stock from $1,444.00 to $1,348.00 in a research report on Thursday, January 2nd. Eight research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $1,455.00.

Insider Activity at TransDigm Group

In related news, Director W Nicholas Howley sold 5,472 shares of the stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $1,296.77, for a total value of $7,095,925.44. Following the transaction, the director now owns 21,548 shares of the company’s stock, valued at $27,942,799.96. This represents a 20.25 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Kevin M. Stein sold 20,000 shares of the stock in a transaction on Monday, January 13th. The shares were sold at an average price of $1,267.21, for a total value of $25,344,200.00. Following the completion of the transaction, the chief executive officer now directly owns 8,158 shares in the company, valued at approximately $10,337,899.18. This represents a 71.03 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 86,525 shares of company stock valued at $108,692,621 over the last 90 days. 4.96% of the stock is owned by 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.