Moseley Investment Management Inc. Buys 33 Shares of TransDigm Group Incorporated (NYSE:TDG)

Moseley Investment Management Inc. raised its position in TransDigm Group Incorporated (NYSE:TDG) by 15.2% in the 4th quarter, Holdings Channel reports. The firm owned 250 shares of the aerospace company’s stock after buying an additional 33 shares during the period. Moseley Investment Management Inc.’s holdings in TransDigm Group were worth $317,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. First Personal Financial Services acquired a new position in shares of TransDigm Group in the 3rd quarter valued at $29,000. Erste Asset Management GmbH bought a new position in TransDigm Group during the third quarter worth about $29,000. Versant Capital Management Inc grew its stake in TransDigm Group by 225.0% in the fourth quarter. Versant Capital Management Inc now owns 26 shares of the aerospace company’s stock valued at $33,000 after acquiring an additional 18 shares during the period. DT Investment Partners LLC increased 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 worth $39,000 after acquiring an additional 11 shares in the last quarter. Finally, Hershey Financial Advisers LLC acquired a new stake in shares of TransDigm Group during the second quarter worth about $41,000. 95.78% of the stock is currently owned by institutional investors and hedge funds.

TransDigm Group Stock Up 1.6 %

Shares of TransDigm Group stock opened at $1,299.11 on Wednesday. The stock has a market cap of $73.05 billion, a P/E ratio of 50.75, a P/E/G ratio of 2.89 and a beta of 1.38. TransDigm Group Incorporated has a 12-month low of $1,017.80 and a 12-month high of $1,451.32. The business’s 50 day moving average is $1,279.71 and its 200-day moving average is $1,306.06.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Barclays reissued an “equal weight” rating and set a $1,500.00 target price on shares of TransDigm Group in a research note on Monday, January 6th. KeyCorp increased their price objective 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. JPMorgan Chase & Co. boosted their price objective 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. 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 for the company in a research note on Wednesday, December 11th. Finally, Truist Financial lifted their price target on TransDigm Group from $1,482.00 to $1,534.00 and gave the company a “buy” rating in a research note on Tuesday. Eight equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $1,455.00.

Insiders Place Their Bets

In related news, CEO Kevin M. Stein sold 20,000 shares of TransDigm Group stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of $1,248.07, for a total transaction of $24,961,400.00. Following the completion of the transaction, the chief executive officer now owns 8,158 shares in the company, valued at approximately $10,181,755.06. This trade represents a 71.03 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Robert J. Small sold 38,053 shares of the company’s stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $1,248.78, for a total value of $47,519,825.34. Following the completion of the sale, the director now owns 567,323 shares in the company, valued at $708,461,615.94. This represents a 6.29 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 61,053 shares of company stock valued at $76,252,495. 4.96% of the stock is currently owned by corporate insiders.

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.