GAMMA Investing LLC Acquires 107 Shares of TransDigm Group Incorporated (NYSE:TDG)

GAMMA Investing LLC boosted its holdings in shares of TransDigm Group Incorporated (NYSE:TDG) by 18.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 699 shares of the aerospace company’s stock after purchasing an additional 107 shares during the period. GAMMA Investing LLC’s holdings in TransDigm Group were worth $886,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. 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 valued at $33,000 after buying an additional 18 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of TransDigm Group by 9.5% during the third quarter. JPMorgan Chase & Co. now owns 1,997,827 shares of the aerospace company’s stock valued at $2,851,160,000 after acquiring an additional 173,642 shares during the period. Oddo BHF Asset Management Sas acquired a new stake in shares of TransDigm Group in the 3rd quarter valued at $716,000. Franklin Resources Inc. grew its holdings in shares of TransDigm Group by 2.2% in the 3rd quarter. Franklin Resources Inc. now owns 205,543 shares of the aerospace company’s stock worth $290,151,000 after purchasing an additional 4,442 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new stake in shares of TransDigm Group during the 3rd quarter worth about $618,000. 95.78% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, Director Robert J. Small sold 38,053 shares of TransDigm Group 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 transaction, the director now directly owns 567,323 shares of the company’s stock, valued at $708,461,615.94. This trade represents a 6.29 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, COO Joel Reiss sold 3,000 shares of the company’s stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $1,401.75, for a total transaction of $4,205,250.00. Following the completion of the sale, the chief operating officer now owns 3,600 shares of the company’s stock, valued at approximately $5,046,300. This represents a 45.45 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 69,525 shares of company stock valued at $88,134,141 over the last three months. Company insiders own 4.96% of the company’s stock.

TransDigm Group Stock Performance

TDG opened at $1,275.56 on Friday. The company has a fifty day moving average price of $1,286.86 and a two-hundred day moving average price of $1,308.30. The firm has a market capitalization of $71.72 billion, a PE ratio of 49.83, a P/E/G ratio of 2.89 and a beta of 1.39. TransDigm Group Incorporated has a 52 week low of $974.05 and a 52 week high of $1,451.32.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. StockNews.com lowered shares of TransDigm Group from a “buy” rating to a “hold” rating in a research report on Friday, December 6th. Deutsche Bank Aktiengesellschaft lowered TransDigm Group from a “buy” rating to a “hold” rating and decreased their price target for the stock from $1,444.00 to $1,348.00 in a research report on Thursday. Wells Fargo & Company cut their price objective 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. JPMorgan Chase & Co. increased their target price on TransDigm Group from $1,435.00 to $1,555.00 and gave the stock a “neutral” rating in a report on Monday, October 14th. Finally, KeyCorp upped their price target on shares of TransDigm Group from $1,440.00 to $1,500.00 and gave the stock an “overweight” rating in a research report on Thursday, October 24th. Eight equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. Based on data from MarketBeat, TransDigm Group currently has an average rating of “Moderate Buy” and an average price target of $1,452.00.

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.