TransDigm Group Incorporated (NYSE:TDG) Shares Sold by Eos Management L.P.

Eos Management L.P. trimmed its stake in TransDigm Group Incorporated (NYSE:TDG) by 7.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,807 shares of the aerospace company’s stock after selling 225 shares during the period. TransDigm Group makes up 1.3% of Eos Management L.P.’s investment portfolio, making the stock its 15th largest holding. Eos Management L.P.’s holdings in TransDigm Group were worth $2,840,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Deutsche Bank AG lifted its stake in TransDigm Group by 1,947.8% in the third quarter. Deutsche Bank AG now owns 3,391,382 shares of the aerospace company’s stock valued at $2,859,376,000 after buying an additional 3,225,771 shares during the last quarter. JPMorgan Chase & Co. raised its position in TransDigm Group by 46.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,107,497 shares of the aerospace company’s stock valued at $933,765,000 after purchasing an additional 349,409 shares during the last quarter. Cerity Partners LLC boosted its stake in TransDigm Group by 34,288.0% during the 4th quarter. Cerity Partners LLC now owns 205,640 shares of the aerospace company’s stock worth $208,025,000 after purchasing an additional 205,042 shares during the period. FMR LLC grew its position in TransDigm Group by 9.0% during the 3rd quarter. FMR LLC now owns 1,651,413 shares of the aerospace company’s stock worth $1,392,355,000 after purchasing an additional 136,834 shares during the last quarter. Finally, Vanguard Group Inc. increased its stake in TransDigm Group by 1.8% in the third quarter. Vanguard Group Inc. now owns 5,903,014 shares of the aerospace company’s stock valued at $4,977,008,000 after purchasing an additional 104,433 shares during the period. 95.78% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at TransDigm Group

In other news, CEO Kevin M. Stein sold 10,000 shares of TransDigm Group 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 completion of the sale, the chief executive officer now directly owns 8,158 shares in the company, valued at $9,921,433.28. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In related news, 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 directly owns 3,600 shares in the company, valued at $4,439,160. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Kevin M. Stein sold 10,000 shares of TransDigm Group stock in a transaction dated Friday, April 12th. The shares were sold at an average price of $1,216.16, for a total value 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 approximately $9,921,433.28. The disclosure for this sale can be found here. Insiders have sold a total of 59,087 shares of company stock valued at $69,840,358 over the last quarter. Insiders own 4.96% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on TDG shares. KeyCorp increased their target price on shares of TransDigm Group from $1,220.00 to $1,325.00 and gave the stock an “overweight” rating in a research note on Monday. StockNews.com raised TransDigm Group from a “hold” rating to a “buy” rating in a research report on Tuesday, April 9th. Barclays lifted their target price on 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. Stifel Nicolaus upped their price target on TransDigm Group from $1,100.00 to $1,200.00 and gave the stock a “hold” rating in a research note on Wednesday, April 17th. Finally, Royal Bank of Canada increased their price target on TransDigm Group from $1,150.00 to $1,250.00 and gave the stock an “outperform” rating in a 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. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $1,170.27.

TransDigm Group Price Performance

Shares of NYSE TDG traded up $2.57 on Friday, hitting $1,259.15. The company’s stock had a trading volume of 139,583 shares, compared to its average volume of 207,107. The stock has a 50 day moving average of $1,203.04 and a 200-day moving average of $1,060.05. The company has a market capitalization of $70.02 billion, a price-to-earnings ratio of 53.44, a price-to-earnings-growth ratio of 2.53 and a beta of 1.42. TransDigm Group Incorporated has a 12-month low of $745.65 and a 12-month high of $1,269.51.

TransDigm Group (NYSE:TDG) last posted its earnings results on Thursday, February 8th. The aerospace company reported $7.16 earnings per share (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 analyst estimates of $1.68 billion. TransDigm Group had a negative return on equity of 59.61% and a net margin of 20.80%. TransDigm Group’s revenue was up 28.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $4.15 EPS. Sell-side analysts expect that TransDigm Group Incorporated will post 29.08 EPS for the current fiscal 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.