TransDigm Group Incorporated (NYSE:TDG) Shares Sold by California Public Employees Retirement System

California Public Employees Retirement System lowered its holdings in TransDigm Group Incorporated (NYSE:TDG) by 1.9% in the fourth quarter, HoldingsChannel reports. The firm owned 98,074 shares of the aerospace company’s stock after selling 1,877 shares during the quarter. California Public Employees Retirement System’s holdings in TransDigm Group were worth $99,212,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in TDG. Compagnie Lombard Odier SCmA acquired a new position in TransDigm Group during the 4th quarter worth approximately $25,000. Oakworth Capital Inc. purchased a new stake in shares of TransDigm Group during the 4th quarter worth approximately $26,000. Optiver Holding B.V. purchased a new stake in shares of TransDigm Group during the 3rd quarter worth approximately $35,000. Oliver Lagore Vanvalin Investment Group lifted 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 during the last quarter. Finally, Impact Partnership Wealth LLC purchased a new stake in TransDigm Group in the 3rd quarter valued at $41,000. Institutional investors and hedge funds own 95.78% of the company’s stock.

Analyst Upgrades and Downgrades

TDG has been the subject of several research reports. Stifel Nicolaus upped their price target on shares of TransDigm Group from $1,100.00 to $1,200.00 and gave the company a “hold” rating in a research report on Wednesday, April 17th. Citigroup boosted their price objective on shares of TransDigm Group from $1,380.00 to $1,395.00 and gave the company a “buy” rating in a research note on Thursday, April 4th. The Goldman Sachs Group boosted their price objective on shares of TransDigm Group from $1,285.00 to $1,518.00 and gave the company a “buy” rating in a research note on Tuesday, April 16th. KeyCorp boosted their price objective on shares of TransDigm Group from $1,220.00 to $1,325.00 and gave the company an “overweight” rating in a research note on Monday. Finally, Barclays boosted their price objective on shares of TransDigm Group from $1,150.00 to $1,250.00 and gave the company an “overweight” rating in a research note on Monday, February 12th. Six investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to MarketBeat.com, TransDigm Group has a consensus rating of “Moderate Buy” and an average target price of $1,170.27.

Insider Buying and Selling at TransDigm Group

In other TransDigm Group news, COO Joel Reiss sold 3,000 shares of the company’s stock in a transaction dated Monday, April 15th. The shares were sold at an average price of $1,233.10, for a total value of $3,699,300.00. Following the transaction, the chief operating officer now directly owns 3,600 shares in the company, valued at approximately $4,439,160. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In other news, CEO Kevin M. Stein sold 10,000 shares of the stock in a transaction dated 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 in the company, valued at approximately $9,921,433.28. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, COO Joel Reiss sold 3,000 shares of the stock in a transaction dated Monday, April 15th. The stock was sold at an average price of $1,233.10, for a total transaction of $3,699,300.00. Following the transaction, the chief operating officer now owns 3,600 shares in the company, valued at $4,439,160. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 59,087 shares of company stock worth $69,840,358. Corporate insiders own 4.96% of the company’s stock.

TransDigm Group Trading Up 3.4 %

Shares of NYSE TDG opened at $1,241.95 on Wednesday. The stock has a market cap of $69.06 billion, a price-to-earnings ratio of 52.71, a PEG ratio of 2.44 and a beta of 1.42. TransDigm Group Incorporated has a 52 week low of $741.74 and a 52 week high of $1,248.39. The company’s 50-day moving average price is $1,196.92 and its 200 day moving average price is $1,054.61.

TransDigm Group (NYSE:TDG) last issued its quarterly earnings data on Thursday, February 8th. The aerospace company reported $7.16 EPS for the quarter, beating analysts’ consensus estimates of $6.41 by $0.75. The firm had revenue of $1.79 billion for the quarter, compared to analysts’ expectations of $1.68 billion. TransDigm Group had a net margin of 20.80% and a negative return on equity of 59.61%. The firm’s revenue was up 28.1% on a year-over-year basis. During the same period in the prior year, the company earned $4.15 EPS. As a group, research analysts expect that TransDigm Group Incorporated will post 29.08 earnings per share for the current year.

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.