Valeo Financial Advisors LLC Buys Shares of 239 TransDigm Group Incorporated (NYSE:TDG)

Valeo Financial Advisors LLC purchased a new position in shares of TransDigm Group Incorporated (NYSE:TDG) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 239 shares of the aerospace company’s stock, valued at approximately $242,000.

Other hedge funds also recently modified their holdings of the company. Private Advisor Group LLC raised its stake in TransDigm Group by 23.4% during the 1st quarter. Private Advisor Group LLC now owns 964 shares of the aerospace company’s stock valued at $628,000 after purchasing an additional 183 shares during the last quarter. Acadian Asset Management LLC lifted its stake in shares of TransDigm Group by 66.7% in the first quarter. Acadian Asset Management LLC now owns 800 shares of the aerospace company’s stock valued at $519,000 after buying an additional 320 shares during the period. Panagora Asset Management Inc. grew its position in TransDigm Group by 99.1% during the first quarter. Panagora Asset Management Inc. now owns 2,337 shares of the aerospace company’s stock worth $1,523,000 after buying an additional 1,163 shares in the last quarter. Dimensional Fund Advisors LP grew its position in TransDigm Group by 0.7% during the first quarter. Dimensional Fund Advisors LP now owns 159,263 shares of the aerospace company’s stock worth $103,790,000 after buying an additional 1,132 shares in the last quarter. Finally, Sei Investments Co. increased its stake in TransDigm Group by 7.3% during the first quarter. Sei Investments Co. now owns 29,629 shares of the aerospace company’s stock valued at $19,373,000 after acquiring an additional 2,020 shares during the period. 95.78% of the stock is owned by institutional investors.

Insider Buying and Selling at TransDigm Group

In other news, COO Michael Lisman sold 8,000 shares of TransDigm Group stock in a transaction dated Friday, February 23rd. The stock was sold at an average price of $1,198.50, for a total transaction of $9,588,000.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In related news, COO Michael Lisman sold 8,000 shares of the company’s stock in a transaction on Friday, February 23rd. The shares were sold at an average price of $1,198.50, for a total value of $9,588,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Joel Reiss sold 3,000 shares of TransDigm Group stock in a transaction dated Friday, March 15th. The shares were sold at an average price of $1,172.26, for a total value of $3,516,780.00. Following the completion of the sale, the chief operating officer now directly owns 3,600 shares in the company, valued at approximately $4,220,136. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 46,087 shares of company stock valued at $53,979,458. Company insiders own 4.96% of the company’s stock.

TransDigm Group Price Performance

Shares of TDG stock opened at $1,207.50 on Tuesday. The stock has a market cap of $67.15 billion, a PE ratio of 51.25, a price-to-earnings-growth ratio of 2.49 and a beta of 1.42. The stock has a 50-day moving average of $1,186.50 and a 200-day moving average of $1,038.41. TransDigm Group Incorporated has a one year low of $741.74 and a one year high of $1,248.39.

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

Wall Street Analyst Weigh In

TDG has been the topic of several recent research reports. The Goldman Sachs Group lifted their price objective on TransDigm Group from $1,164.00 to $1,285.00 and gave the stock a “buy” rating in a report on Friday, February 9th. KeyCorp lifted their target price on shares of TransDigm Group from $1,180.00 to $1,220.00 and gave the company an “overweight” rating in a research report on Thursday, February 15th. Truist Financial lifted their price objective on TransDigm Group from $1,158.00 to $1,267.00 and gave the company a “buy” rating in a report on Friday, February 9th. JPMorgan Chase & Co. upped their price target on TransDigm Group from $1,050.00 to $1,175.00 and gave the company a “neutral” rating in a research report on Wednesday, March 27th. Finally, Susquehanna increased their target price on shares of TransDigm Group from $875.00 to $1,100.00 and gave the stock a “neutral” rating in a research report on Friday, February 9th. Six equities research 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 a consensus price target of $1,137.73.

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.