Lindbrook Capital LLC Purchases 43 Shares of TransDigm Group Incorporated (NYSE:TDG)

Lindbrook Capital LLC raised its position in TransDigm Group Incorporated (NYSE:TDG) by 51.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 127 shares of the aerospace company’s stock after purchasing an additional 43 shares during the quarter. Lindbrook Capital LLC’s holdings in TransDigm Group were worth $128,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Townsquare Capital LLC raised its position in TransDigm Group by 4.5% in the third quarter. Townsquare Capital LLC now owns 2,651 shares of the aerospace company’s stock valued at $2,235,000 after purchasing an additional 114 shares during the last quarter. Pacer Advisors Inc. raised its position in shares of TransDigm Group by 26.2% during the fourth quarter. Pacer Advisors Inc. now owns 5,727 shares of the aerospace company’s stock worth $5,793,000 after acquiring an additional 1,188 shares during the last quarter. Sequoia Financial Advisors LLC raised its position in shares of TransDigm Group by 14.9% during the fourth quarter. Sequoia Financial Advisors LLC now owns 7,404 shares of the aerospace company’s stock worth $7,490,000 after acquiring an additional 962 shares during the last quarter. Chicago Capital LLC raised its position in shares of TransDigm Group by 3.3% during the fourth quarter. Chicago Capital LLC now owns 48,317 shares of the aerospace company’s stock worth $48,877,000 after acquiring an additional 1,523 shares during the last quarter. Finally, Sapient Capital LLC bought a new position in shares of TransDigm Group during the fourth quarter worth about $948,000. 95.78% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on TDG. Susquehanna raised their price objective on TransDigm Group from $875.00 to $1,100.00 and gave the stock a “neutral” rating in a research report on Friday, February 9th. Truist Financial raised their price objective on TransDigm Group from $1,158.00 to $1,267.00 and gave the stock a “buy” rating in a research report on Friday, February 9th. KeyCorp raised their price objective on TransDigm Group from $1,220.00 to $1,325.00 and gave the stock an “overweight” rating in a research report on Monday. Citigroup raised their price objective on TransDigm Group from $1,380.00 to $1,395.00 and gave the stock a “buy” rating in a research report on Thursday, April 4th. Finally, Royal Bank of Canada raised their target price on TransDigm Group from $1,150.00 to $1,250.00 and gave the stock an “outperform” rating in a research note on Friday, February 9th. Six research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat.com, TransDigm Group has an average rating of “Moderate Buy” and an average target price of $1,170.27.

Insider Activity at TransDigm Group

In related news, Director Michael Graff sold 3,460 shares of TransDigm Group stock in a transaction that occurred on Tuesday, February 13th. The stock was sold at an average price of $1,108.17, for a total transaction of $3,834,268.20. Following the transaction, the director now owns 4,879 shares of the company’s stock, valued at $5,406,761.43. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In related news, COO Joel Reiss sold 3,000 shares of TransDigm Group stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $1,140.48, for a total transaction of $3,421,440.00. Following the transaction, the chief operating officer now owns 3,600 shares of the company’s stock, valued at $4,105,728. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Michael Graff sold 3,460 shares of TransDigm Group stock in a transaction that occurred on Tuesday, February 13th. The shares were sold at an average price of $1,108.17, for a total value of $3,834,268.20. Following the transaction, the director now directly owns 4,879 shares in the company, valued at approximately $5,406,761.43. The disclosure for this sale can be found here. Insiders have sold a total of 59,087 shares of company stock valued at $69,840,358 over the last 90 days. Insiders own 4.96% of the company’s stock.

TransDigm Group Stock Performance

Shares of TransDigm Group stock opened at $1,241.95 on Wednesday. TransDigm Group Incorporated has a 52 week low of $741.74 and a 52 week high of $1,248.39. The stock has a 50 day moving average price of $1,196.92 and a two-hundred day moving average price of $1,054.61. The stock has a market capitalization of $69.06 billion, a PE ratio of 52.71, a price-to-earnings-growth ratio of 2.44 and a beta of 1.42.

TransDigm Group (NYSE:TDG) last announced its quarterly earnings data on Thursday, February 8th. The aerospace company reported $7.16 EPS for the quarter, beating analysts’ consensus estimates of $6.41 by $0.75. TransDigm Group had a negative return on equity of 59.61% and a net margin of 20.80%. The firm had revenue of $1.79 billion during the quarter, compared to analysts’ expectations of $1.68 billion. During the same quarter last year, the firm posted $4.15 earnings per share. The company’s revenue for the quarter was up 28.1% compared to the same quarter last year. Research analysts forecast that TransDigm Group Incorporated will post 29.08 EPS for the current year.

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.