TransDigm Group Incorporated (NYSE:TDG) Stock Position Trimmed by WoodTrust Financial Corp

WoodTrust Financial Corp cut its position in TransDigm Group Incorporated (NYSE:TDG) by 3.3% during the 1st quarter, HoldingsChannel reports. The firm owned 2,441 shares of the aerospace company’s stock after selling 84 shares during the quarter. WoodTrust Financial Corp’s holdings in TransDigm Group were worth $3,007,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Compagnie Lombard Odier SCmA bought a new stake in shares of TransDigm Group during the 4th quarter worth about $25,000. Oakworth Capital Inc. bought a new stake in shares of TransDigm Group during the 4th quarter worth about $26,000. VisionPoint Advisory Group LLC bought a new stake in shares of TransDigm Group during the 4th quarter worth about $37,000. Oliver Lagore Vanvalin Investment Group raised its position in shares of TransDigm Group by 48.0% during the 4th quarter. Oliver Lagore Vanvalin Investment Group now owns 37 shares of the aerospace company’s stock worth $38,000 after buying an additional 12 shares in the last quarter. Finally, Frazier Financial Advisors LLC bought a new stake in shares of TransDigm Group during the 4th quarter worth about $43,000. 95.78% of the stock is currently owned by institutional investors.

TransDigm Group Stock Down 0.9 %

Shares of TransDigm Group stock traded down $11.04 during trading on Friday, hitting $1,277.61. The stock had a trading volume of 1,220,853 shares, compared to its average volume of 218,731. The stock has a 50 day simple moving average of $1,303.77 and a 200 day simple moving average of $1,184.37. TransDigm Group Incorporated has a 1 year low of $802.46 and a 1 year high of $1,369.57. The company has a market capitalization of $71.50 billion, a PE ratio of 50.68, a P/E/G ratio of 2.18 and a beta of 1.39.

TransDigm Group (NYSE:TDG) last announced its quarterly earnings data on Tuesday, May 7th. The aerospace company reported $7.99 EPS for the quarter, beating analysts’ consensus estimates of $7.42 by $0.57. TransDigm Group had a net margin of 21.22% and a negative return on equity of 63.35%. The firm had revenue of $1.92 billion for the quarter, compared to the consensus estimate of $1.88 billion. During the same period in the previous year, the firm posted $5.39 earnings per share. The firm’s revenue was up 20.5% on a year-over-year basis. As a group, equities analysts expect that TransDigm Group Incorporated will post 30.04 earnings per share for the current fiscal year.

Analysts Set New Price Targets

TDG has been the topic of a number of recent analyst reports. Robert W. Baird boosted their price target on shares of TransDigm Group from $1,290.00 to $1,357.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 8th. Morgan Stanley lifted their price objective on shares of TransDigm Group from $1,275.00 to $1,550.00 and gave the stock an “overweight” rating in a research note on Thursday, May 9th. Wells Fargo & Company lifted their price objective on shares of TransDigm Group from $1,260.00 to $1,390.00 and gave the stock an “equal weight” rating in a research note on Wednesday, May 8th. KeyCorp lifted their price objective on shares of TransDigm Group from $1,325.00 to $1,440.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 28th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of TransDigm Group from $1,050.00 to $1,175.00 and gave the stock a “neutral” rating in a research note on Wednesday, March 27th. Six research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $1,410.13.

Insider Activity at TransDigm Group

In related news, CEO Kevin M. Stein sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, April 12th. The shares were sold at an average price of $1,216.16, for a total transaction of $12,161,600.00. Following the transaction, the chief executive officer now directly owns 8,158 shares of the company’s stock, valued at $9,921,433.28. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other TransDigm Group news, insider Jessica L. Warren sold 925 shares of TransDigm Group 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 value of $1,238,889.50. Following the completion of the sale, the insider now directly owns 50 shares in the company, valued at $66,967. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Kevin M. Stein sold 10,000 shares of TransDigm Group stock in a transaction that occurred on Friday, April 12th. The shares were sold at an average price of $1,216.16, for a total transaction of $12,161,600.00. Following the completion of the sale, the chief executive officer now owns 8,158 shares of the company’s stock, valued at $9,921,433.28. The disclosure for this sale can be found here. Over the last three months, insiders have sold 100,833 shares of company stock valued at $131,249,183. Corporate insiders own 4.96% of the company’s stock.

About TransDigm Group

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.