Koshinski Asset Management Inc. Acquires New Stake in TransDigm Group Incorporated (NYSE:TDG)

Koshinski Asset Management Inc. acquired a new stake in shares of TransDigm Group Incorporated (NYSE:TDG) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 292 shares of the aerospace company’s stock, valued at approximately $295,000.

A number of other large investors also recently bought and sold shares of the business. Valeo Financial Advisors LLC purchased a new position in TransDigm Group during the 4th quarter valued at $242,000. Sapient Capital LLC purchased a new stake in shares of TransDigm Group in the 4th quarter worth $948,000. Cerity Partners LLC lifted its holdings in shares of TransDigm Group by 34,288.0% in the 4th quarter. Cerity Partners LLC now owns 205,640 shares of the aerospace company’s stock worth $208,025,000 after buying an additional 205,042 shares during the period. Vivid Wealth Management LLC purchased a new stake in shares of TransDigm Group in the 4th quarter worth $452,000. Finally, Sequoia Financial Advisors LLC lifted its holdings in shares of TransDigm Group by 14.9% in the 4th quarter. Sequoia Financial Advisors LLC now owns 7,404 shares of the aerospace company’s stock worth $7,490,000 after buying an additional 962 shares during the period. Hedge funds and other institutional investors own 95.78% of the company’s stock.

Insiders Place Their Bets

In other TransDigm Group news, Director Michael Graff sold 3,460 shares of the stock in a transaction that occurred on Tuesday, February 13th. The stock was sold at an average price of $1,108.17, for a total transaction of $3,834,268.20. Following the completion of the transaction, the director now owns 4,879 shares of the company’s stock, valued at $5,406,761.43. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other TransDigm Group news, COO Joel Reiss sold 3,000 shares of the stock in a transaction that occurred on Friday, March 15th. The stock was sold at an average price of $1,172.26, for a total transaction of $3,516,780.00. Following the completion of the transaction, the chief operating officer now owns 3,600 shares of the company’s stock, valued at $4,220,136. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Michael Graff sold 3,460 shares of the stock in a transaction that occurred on Tuesday, February 13th. The shares were sold at an average price of $1,108.17, for a total value of $3,834,268.20. Following the transaction, the director now directly owns 4,879 shares of the company’s stock, valued at approximately $5,406,761.43. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 46,087 shares of company stock worth $53,979,458. 4.96% of the stock is owned by corporate insiders.

TransDigm Group Stock Down 1.1 %

Shares of TDG opened at $1,207.50 on Tuesday. TransDigm Group Incorporated has a 52 week low of $741.74 and a 52 week high of $1,248.39. The company has a market capitalization of $67.15 billion, a price-to-earnings ratio of 51.25, a PEG ratio of 2.49 and a beta of 1.42. The stock’s 50-day moving average price is $1,186.50 and its 200-day moving average price is $1,038.41.

TransDigm Group (NYSE:TDG) last issued its earnings results on Thursday, February 8th. The aerospace company reported $7.16 EPS for the quarter, topping analysts’ consensus estimates of $6.41 by $0.75. TransDigm Group had a negative return on equity of 59.61% and a net margin of 20.80%. The firm had revenue of $1.79 billion for the quarter, compared to the consensus estimate of $1.68 billion. During the same quarter in the prior year, the business earned $4.15 earnings per share. The company’s revenue was up 28.1% compared to the same quarter last year. As a group, equities analysts anticipate that TransDigm Group Incorporated will post 29.03 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have weighed in on TDG. Susquehanna upped their target price on TransDigm Group from $875.00 to $1,100.00 and gave the stock a “neutral” rating in a report on Friday, February 9th. KeyCorp boosted their price target on TransDigm Group from $1,180.00 to $1,220.00 and gave the stock an “overweight” rating in a research report on Thursday, February 15th. JPMorgan Chase & Co. boosted their price target on TransDigm Group from $1,050.00 to $1,175.00 and gave the stock a “neutral” rating in a research report on Wednesday, March 27th. Royal Bank of Canada boosted their price target on TransDigm Group from $1,150.00 to $1,250.00 and gave the stock an “outperform” rating in a research report on Friday, February 9th. Finally, StockNews.com raised TransDigm Group from a “hold” rating to a “buy” rating in a research report on Tuesday, April 9th. Six 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.com, TransDigm Group currently has an average rating of “Moderate Buy” and an average target price of $1,137.73.

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.