EntryPoint Capital LLC Takes $525,000 Position in TransDigm Group Incorporated (NYSE:TDG)

EntryPoint Capital LLC bought a new position in shares of TransDigm Group Incorporated (NYSE:TDG) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 414 shares of the aerospace company’s stock, valued at approximately $525,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Erste Asset Management GmbH acquired a new stake in shares of TransDigm Group during the 3rd quarter valued at $29,000. Capital Advisors Ltd. LLC raised its holdings in shares of TransDigm Group by 200.0% during the fourth quarter. Capital Advisors Ltd. LLC now owns 24 shares of the aerospace company’s stock valued at $30,000 after acquiring an additional 16 shares during the period. 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 valued at $32,000 after acquiring an additional 15 shares in the last quarter. Versant Capital Management Inc boosted its stake in TransDigm Group by 225.0% in the 4th quarter. Versant Capital Management Inc now owns 26 shares of the aerospace company’s stock worth $33,000 after purchasing an additional 18 shares during the period. Finally, Sachetta LLC grew its position in TransDigm Group by 105.9% during the 4th quarter. Sachetta LLC now owns 35 shares of the aerospace company’s stock worth $44,000 after purchasing an additional 18 shares in the last quarter. 95.78% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at TransDigm Group

In related news, CEO Kevin M. Stein sold 20,000 shares of TransDigm Group stock in a transaction dated Monday, January 13th. The stock was sold at an average price of $1,267.21, for a total value of $25,344,200.00. Following the completion of the sale, the chief executive officer now directly owns 8,158 shares in the company, valued at $10,337,899.18. This trade represents a 71.03 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director W Nicholas Howley sold 5,472 shares of TransDigm Group stock in a transaction that occurred on Wednesday, January 15th. The stock was sold at an average price of $1,296.77, for a total transaction of $7,095,925.44. Following the sale, the director now owns 21,548 shares of the company’s stock, valued at approximately $27,942,799.96. This represents a 20.25 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 124,594 shares of company stock worth $165,646,468. Corporate insiders own 4.09% of the company’s stock.

TransDigm Group Stock Performance

Shares of NYSE TDG opened at $1,382.82 on Tuesday. The business has a fifty day moving average of $1,337.26 and a two-hundred day moving average of $1,327.53. TransDigm Group Incorporated has a 52-week low of $1,176.31 and a 52-week high of $1,451.32. The stock has a market cap of $77.56 billion, a PE ratio of 48.78, a PEG ratio of 2.76 and a beta of 1.38.

TransDigm Group (NYSE:TDG) last released its quarterly earnings results on Tuesday, February 4th. The aerospace company reported $7.57 EPS for the quarter, beating analysts’ consensus estimates of $6.73 by $0.84. The firm had revenue of $2.01 billion for the quarter, compared to analyst estimates of $2.03 billion. TransDigm Group had a net margin of 20.76% and a negative return on equity of 42.87%. The company’s revenue for the quarter was up 12.1% compared to the same quarter last year. During the same period in the previous year, the business earned $7.16 earnings per share. Analysts predict that TransDigm Group Incorporated will post 35.13 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on TDG shares. StockNews.com raised TransDigm Group from a “hold” rating to a “buy” rating in a research report on Wednesday, January 8th. Deutsche Bank Aktiengesellschaft lowered shares of TransDigm Group from a “buy” rating to a “hold” rating and reduced their price target for the stock from $1,444.00 to $1,348.00 in a research report on Thursday, January 2nd. UBS Group raised shares of TransDigm Group from a “neutral” rating to a “buy” rating and set a $1,595.00 price objective on the stock in a research report on Monday, February 24th. Citigroup increased their target price on shares of TransDigm Group from $1,563.00 to $1,600.00 and gave the stock a “buy” rating in a research report on Thursday, December 5th. Finally, Truist Financial boosted their price target on shares of TransDigm Group from $1,482.00 to $1,534.00 and gave the company a “buy” rating in a report on Tuesday, January 14th. Six equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. According to MarketBeat, TransDigm Group has a consensus rating of “Moderate Buy” and an average price target of $1,472.47.

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.