Atomi Financial Group Inc. Acquires 40 Shares of TransDigm Group Incorporated (NYSE:TDG)

Atomi Financial Group Inc. increased its stake in TransDigm Group Incorporated (NYSE:TDG) by 20.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 236 shares of the aerospace company’s stock after purchasing an additional 40 shares during the period. Atomi Financial Group Inc.’s holdings in TransDigm Group were worth $299,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. First Personal Financial Services acquired a new stake in shares of TransDigm Group during the 3rd quarter valued at $29,000. Erste Asset Management GmbH bought a new position in TransDigm Group in the third quarter worth approximately $29,000. Trust Co. of Vermont grew its holdings in shares of TransDigm Group by 150.0% during the fourth quarter. Trust Co. of Vermont now owns 25 shares of the aerospace company’s stock valued at $32,000 after buying an additional 15 shares during the last quarter. Versant Capital Management Inc raised its stake in shares of TransDigm Group by 225.0% in the fourth 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 last quarter. Finally, DT Investment Partners LLC raised its holdings in shares of TransDigm Group by 68.8% in the third quarter. DT Investment Partners LLC now owns 27 shares of the aerospace company’s stock valued at $39,000 after purchasing an additional 11 shares during the last quarter. Institutional investors and hedge funds own 95.78% of the company’s stock.

TransDigm Group Price Performance

NYSE:TDG opened at $1,341.27 on Monday. TransDigm Group Incorporated has a 1-year low of $1,063.53 and a 1-year high of $1,451.32. The firm’s 50-day moving average price is $1,280.00 and its 200-day moving average price is $1,309.38. The company has a market capitalization of $75.42 billion, a PE ratio of 52.39, a P/E/G ratio of 3.06 and a beta of 1.38.

Insider Buying and Selling

In other news, Director W Nicholas Howley sold 5,472 shares of the business’s stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $1,296.77, for a total value of $7,095,925.44. Following the completion of the transaction, the director now owns 21,548 shares in the company, valued at $27,942,799.96. The trade was a 20.25 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, COO Joel Reiss sold 3,000 shares of the stock in a transaction that occurred on Friday, December 20th. The shares were sold at an average price of $1,257.09, for a total transaction of $3,771,270.00. Following the transaction, the chief operating officer now owns 3,600 shares in the company, valued at approximately $4,525,524. This trade represents a 45.45 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 89,525 shares of company stock worth $112,769,801 in the last 90 days. Insiders own 4.96% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on TDG. StockNews.com upgraded TransDigm Group from a “hold” rating to a “buy” rating in a research note on Wednesday, January 8th. Truist Financial lifted their price objective on TransDigm Group from $1,482.00 to $1,534.00 and gave the company a “buy” rating in a research note on Tuesday, January 14th. Citigroup raised their price target on TransDigm Group from $1,563.00 to $1,600.00 and gave the company a “buy” rating in a research report on Thursday, December 5th. Wells Fargo & Company reduced their target price 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. Finally, JPMorgan Chase & Co. upped their price target on shares of TransDigm Group from $1,435.00 to $1,555.00 and gave the company a “neutral” rating in a research report on Monday, October 14th. Eight 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.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $1,455.00.

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.