Investidor Profissional Gestao de Recursos Ltda. Has $8.47 Million Stake in TransDigm Group Incorporated (NYSE:TDG)

Investidor Profissional Gestao de Recursos Ltda. decreased its position in TransDigm Group Incorporated (NYSE:TDG) by 36.2% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 6,626 shares of the aerospace company’s stock after selling 3,762 shares during the period. TransDigm Group comprises 3.7% of Investidor Profissional Gestao de Recursos Ltda.’s portfolio, making the stock its 7th biggest position. Investidor Profissional Gestao de Recursos Ltda.’s holdings in TransDigm Group were worth $8,465,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of TDG. Whittier Trust Co. of Nevada Inc. increased its position in shares of TransDigm Group by 0.8% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 966 shares of the aerospace company’s stock valued at $1,190,000 after acquiring an additional 8 shares during the last quarter. Team Hewins LLC increased its position in shares of TransDigm Group by 3.0% during the 1st quarter. Team Hewins LLC now owns 275 shares of the aerospace company’s stock worth $339,000 after purchasing an additional 8 shares during the last quarter. Souders Financial Advisors raised its stake in shares of TransDigm Group by 1.1% during the 1st quarter. Souders Financial Advisors now owns 767 shares of the aerospace company’s stock worth $945,000 after purchasing an additional 8 shares in the last quarter. Bennett Selby Investments LP boosted its holdings in shares of TransDigm Group by 2.4% in the 2nd quarter. Bennett Selby Investments LP now owns 336 shares of the aerospace company’s stock valued at $429,000 after buying an additional 8 shares during the last quarter. Finally, Checchi Capital Advisers LLC grew its stake in shares of TransDigm Group by 1.0% in the first quarter. Checchi Capital Advisers LLC now owns 918 shares of the aerospace company’s stock valued at $1,131,000 after buying an additional 9 shares in the last quarter. Institutional investors and hedge funds own 95.78% of the company’s stock.

Insider Activity

In related news, CEO Kevin M. Stein sold 10,000 shares of the stock in a transaction that occurred on Monday, August 12th. The shares were sold at an average price of $1,228.24, for a total transaction of $12,282,400.00. Following the sale, the chief executive officer now owns 8,158 shares in the company, valued at approximately $10,019,981.92. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, Director W Nicholas Howley sold 5,073 shares of the company’s stock in a transaction on Monday, July 15th. The stock was sold at an average price of $1,242.30, for a total transaction of $6,302,187.90. Following the completion of the sale, the director now directly owns 21,548 shares in the company, valued at approximately $26,769,080.40. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Kevin M. Stein sold 10,000 shares of the firm’s stock in a transaction dated Monday, August 12th. The shares were sold at an average price of $1,228.24, for a total value of $12,282,400.00. Following the completion of the sale, the chief executive officer now directly owns 8,158 shares in the company, valued at $10,019,981.92. The disclosure for this sale can be found here. In the last ninety days, insiders sold 36,545 shares of company stock worth $46,454,828. 4.96% of the stock is currently owned by corporate insiders.

TransDigm Group Price Performance

Shares of NYSE:TDG opened at $1,408.03 on Friday. The business’s 50 day simple moving average is $1,294.01 and its 200 day simple moving average is $1,274.97. TransDigm Group Incorporated has a 1 year low of $802.46 and a 1 year high of $1,419.99. The company has a market capitalization of $78.79 billion, a P/E ratio of 55.85, a P/E/G ratio of 2.16 and a beta of 1.42.

TransDigm Group (NYSE:TDG) last issued its quarterly earnings results on Tuesday, August 6th. The aerospace company reported $9.00 EPS for the quarter, topping analysts’ consensus estimates of $7.77 by $1.23. TransDigm Group had a negative return on equity of 66.70% and a net margin of 21.83%. The company had revenue of $2.05 billion for the quarter, compared to analysts’ expectations of $2.01 billion. During the same quarter last year, the business earned $6.55 earnings per share. TransDigm Group’s revenue was up 17.3% on a year-over-year basis. On average, sell-side analysts anticipate that TransDigm Group Incorporated will post 30.69 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have commented on TDG shares. Wells Fargo & Company cut their price target on shares of TransDigm Group from $1,390.00 to $1,350.00 and set an “equal weight” rating for the company in a research note on Wednesday, August 7th. Deutsche Bank Aktiengesellschaft boosted their price target on TransDigm Group from $1,435.00 to $1,524.00 and gave the stock a “buy” rating in a research report on Thursday, June 20th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $1,500.00 price objective on shares of TransDigm Group in a research report on Wednesday, August 7th. Jefferies Financial Group dropped their price target on TransDigm Group from $1,625.00 to $1,515.00 and set a “buy” rating on the stock in a research note on Tuesday, August 13th. Finally, UBS Group reduced their price objective on shares of TransDigm Group from $1,466.00 to $1,423.00 and set a “neutral” rating for the company in a research report on Wednesday, August 7th. Eight investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $1,438.24.

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.