TransDigm Group Incorporated (NYSE:TDG) Shares Acquired by Mediolanum International Funds Ltd

Mediolanum International Funds Ltd increased its position in shares of TransDigm Group Incorporated (NYSE:TDG) by 14.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,603 shares of the aerospace company’s stock after acquiring an additional 851 shares during the period. Mediolanum International Funds Ltd’s holdings in TransDigm Group were worth $8,430,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of TDG. Souders Financial Advisors raised 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 purchasing an additional 8 shares in the last quarter. Prosperity Financial Group Inc. increased its holdings in shares of TransDigm Group by 3.6% in the third quarter. Prosperity Financial Group Inc. now owns 230 shares of the aerospace company’s stock valued at $328,000 after buying an additional 8 shares in the last quarter. CX Institutional lifted its position in shares of TransDigm Group by 5.4% during the 4th quarter. CX Institutional now owns 175 shares of the aerospace company’s stock valued at $222,000 after acquiring an additional 9 shares during the last quarter. Premier Path Wealth Partners LLC boosted its stake in shares of TransDigm Group by 2.1% during the 4th quarter. Premier Path Wealth Partners LLC now owns 478 shares of the aerospace company’s stock worth $606,000 after acquiring an additional 10 shares in the last quarter. Finally, Secure Asset Management LLC grew its holdings in shares of TransDigm Group by 3.4% in the 4th quarter. Secure Asset Management LLC now owns 306 shares of the aerospace company’s stock worth $388,000 after acquiring an additional 10 shares during the last quarter. 95.78% of the stock is owned by institutional investors and hedge funds.

TransDigm Group Price Performance

Shares of TransDigm Group stock opened at $1,352.43 on Friday. The firm has a market cap of $75.79 billion, a price-to-earnings ratio of 52.83, a P/E/G ratio of 3.03 and a beta of 1.38. The stock has a 50-day simple moving average of $1,286.73 and a 200-day simple moving average of $1,311.43. TransDigm Group Incorporated has a 52-week low of $1,086.37 and a 52-week high of $1,451.32.

Insider Activity at TransDigm Group

In other news, CEO Kevin M. Stein sold 20,000 shares of the stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $1,248.07, for a total transaction of $24,961,400.00. Following the transaction, the chief executive officer now owns 8,158 shares in the company, valued at $10,181,755.06. This represents a 71.03 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, COO Joel Reiss sold 3,000 shares of TransDigm Group stock in a transaction 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 completion of the sale, the chief operating officer now directly owns 3,600 shares of the company’s stock, valued at approximately $4,525,524. The trade was a 45.45 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 89,525 shares of company stock valued at $112,769,801. 4.96% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. StockNews.com raised TransDigm Group from a “hold” rating to a “buy” rating in a report on Wednesday, January 8th. JPMorgan Chase & Co. raised their target price on shares of TransDigm Group from $1,435.00 to $1,555.00 and gave the stock a “neutral” rating in a report on Monday, October 14th. KeyCorp lifted their target price 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. Barclays restated an “equal weight” rating and issued a $1,500.00 price target on shares of TransDigm Group in a research report on Monday, January 6th. Finally, Citigroup lifted their price objective on shares of TransDigm Group from $1,563.00 to $1,600.00 and gave the stock a “buy” rating in a research report on Thursday, December 5th. Eight investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $1,455.00.

About TransDigm Group

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.