Teamwork Financial Advisors LLC Acquires 2,691 Shares of TransDigm Group Incorporated (NYSE:TDG)

Teamwork Financial Advisors LLC increased its stake in shares of TransDigm Group Incorporated (NYSE:TDG) by 24.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,636 shares of the aerospace company’s stock after acquiring an additional 2,691 shares during the quarter. TransDigm Group comprises approximately 2.2% of Teamwork Financial Advisors LLC’s holdings, making the stock its 16th largest holding. Teamwork Financial Advisors LLC’s holdings in TransDigm Group were worth $17,281,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. First Personal Financial Services acquired a new position in shares of TransDigm Group during the third quarter valued at about $29,000. Erste Asset Management GmbH acquired a new position in TransDigm Group in the 3rd quarter valued at approximately $29,000. Trust Co. of Vermont lifted its position in shares of TransDigm Group by 150.0% in the 4th quarter. Trust Co. of Vermont now owns 25 shares of the aerospace company’s stock worth $32,000 after acquiring 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 purchasing an additional 18 shares in the last quarter. Finally, DT Investment Partners LLC lifted its position in TransDigm Group by 68.8% in the third quarter. DT Investment Partners LLC now owns 27 shares of the aerospace company’s stock worth $39,000 after purchasing an additional 11 shares during the period. 95.78% of the stock is owned by institutional investors.

TransDigm Group Price Performance

TDG stock opened at $1,354.43 on Thursday. The company has a 50 day moving average price of $1,276.73 and a 200 day moving average price of $1,308.34. TransDigm Group Incorporated has a fifty-two week low of $1,058.94 and a fifty-two week high of $1,451.32. The stock has a market capitalization of $76.16 billion, a PE ratio of 52.91, a price-to-earnings-growth ratio of 3.07 and a beta of 1.38.

Wall Street Analysts Forecast Growth

TDG has been the subject of a number of recent research reports. JPMorgan Chase & Co. increased their price objective on shares of TransDigm Group from $1,435.00 to $1,555.00 and gave the company a “neutral” rating in a research note on Monday, October 14th. StockNews.com upgraded shares of TransDigm Group from a “hold” rating to a “buy” rating in a research note on Wednesday, January 8th. Deutsche Bank Aktiengesellschaft lowered TransDigm Group from a “buy” rating to a “hold” rating and lowered their price objective for the company from $1,444.00 to $1,348.00 in a research note on Thursday, January 2nd. Wells Fargo & Company cut their target price on 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. Finally, KeyCorp increased their price objective on TransDigm Group from $1,440.00 to $1,500.00 and gave the stock an “overweight” rating in a research note on Thursday, October 24th. Eight analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $1,455.00.

Insider Transactions at TransDigm Group

In other TransDigm Group news, Director Robert J. Small sold 38,053 shares of the company’s stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $1,248.78, for a total transaction of $47,519,825.34. Following the completion of the sale, the director now owns 567,323 shares in the company, valued at approximately $708,461,615.94. The trade was a 6.29 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, COO Joel Reiss sold 3,000 shares of TransDigm Group stock in a transaction on Tuesday, January 21st. The stock was sold at an average price of $1,359.06, for a total value of $4,077,180.00. Following the sale, the chief operating officer now directly owns 3,600 shares of the company’s stock, valued at approximately $4,892,616. This trade represents a 45.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 89,525 shares of company stock worth $112,769,801 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.