Versant Capital Management Inc Raises Stock Position in TransDigm Group Incorporated (NYSE:TDG)

Versant Capital Management Inc lifted its position in TransDigm Group Incorporated (NYSE:TDG) by 225.0% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 26 shares of the aerospace company’s stock after purchasing an additional 18 shares during the period. Versant Capital Management Inc’s holdings in TransDigm Group were worth $33,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of TDG. Souders Financial Advisors lifted its holdings in shares of TransDigm Group by 1.0% in the 3rd quarter. Souders Financial Advisors now owns 797 shares of the aerospace company’s stock worth $1,137,000 after buying an additional 8 shares during the period. Prosperity Financial Group Inc. lifted its stake in TransDigm Group by 3.6% in the third quarter. Prosperity Financial Group Inc. now owns 230 shares of the aerospace company’s stock worth $328,000 after acquiring an additional 8 shares during the period. DT Investment Partners LLC lifted its stake 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 acquiring an additional 11 shares during the period. Wellington Management Group LLP grew its holdings in TransDigm Group by 0.6% during the 3rd quarter. Wellington Management Group LLP now owns 1,913 shares of the aerospace company’s stock worth $2,730,000 after acquiring an additional 11 shares in the last quarter. Finally, EverSource Wealth Advisors LLC increased its position in TransDigm Group by 7.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 171 shares of the aerospace company’s stock valued at $221,000 after purchasing an additional 12 shares during the period. Institutional investors own 95.78% of the company’s stock.

Insider Buying and Selling at TransDigm Group

In other TransDigm Group news, CEO Kevin M. Stein sold 20,000 shares of the company’s stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $1,248.07, for a total value of $24,961,400.00. Following the sale, the chief executive officer now directly owns 8,158 shares of the company’s stock, valued at approximately $10,181,755.06. This represents a 71.03 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director W Nicholas Howley sold 5,472 shares of the stock in a transaction dated Tuesday, October 15th. The stock was sold at an average price of $1,402.85, for a total value of $7,676,395.20. Following the sale, the director now directly owns 21,548 shares in the company, valued at $30,228,611.80. This represents a 20.25 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 69,525 shares of company stock worth $88,134,141. 4.96% of the stock is currently owned by insiders.

TransDigm Group Price Performance

NYSE TDG opened at $1,253.96 on Wednesday. The stock’s fifty day moving average price is $1,283.44 and its 200 day moving average price is $1,306.84. TransDigm Group Incorporated has a 1 year low of $975.00 and a 1 year high of $1,451.32. The company has a market cap of $70.51 billion, a price-to-earnings ratio of 48.98, a PEG ratio of 2.89 and a beta of 1.38.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on TDG shares. Wells Fargo & Company cut their price objective on shares of TransDigm Group from $1,500.00 to $1,375.00 and set an “equal weight” rating on the stock in a report on Wednesday, December 11th. JPMorgan Chase & Co. lifted their price target on TransDigm Group from $1,435.00 to $1,555.00 and gave the company a “neutral” rating in a report on Monday, October 14th. Barclays restated an “equal weight” rating and set a $1,500.00 price objective on shares of TransDigm Group in a research note on Monday. StockNews.com lowered TransDigm Group from a “buy” rating to a “hold” rating in a research note on Friday, December 6th. Finally, Deutsche Bank Aktiengesellschaft lowered shares of TransDigm Group from a “buy” rating to a “hold” rating and decreased their price target for the company from $1,444.00 to $1,348.00 in a research report on Thursday, January 2nd. Nine equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus 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.