Blue Fin Capital Inc. Buys 94 Shares of TransDigm Group Incorporated (NYSE:TDG)

Blue Fin Capital Inc. increased its stake in TransDigm Group Incorporated (NYSE:TDG) by 7.3% in the fourth quarter, Holdings Channel.com reports. The firm owned 1,380 shares of the aerospace company’s stock after purchasing an additional 94 shares during the quarter. Blue Fin Capital Inc.’s holdings in TransDigm Group were worth $1,749,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in TDG. Capital Advisors Ltd. LLC boosted its position in shares of TransDigm Group by 200.0% during the fourth quarter. Capital Advisors Ltd. LLC now owns 24 shares of the aerospace company’s stock worth $30,000 after buying an additional 16 shares during the period. Meeder Asset Management Inc. boosted its position in TransDigm Group by 210.0% during the 4th quarter. Meeder Asset Management Inc. now owns 31 shares of the aerospace company’s stock worth $39,000 after acquiring an additional 21 shares during the last quarter. Sachetta LLC boosted its position in TransDigm Group by 105.9% during the 4th quarter. Sachetta LLC now owns 35 shares of the aerospace company’s stock worth $44,000 after acquiring an additional 18 shares during the last quarter. CENTRAL TRUST Co grew its stake in shares of TransDigm Group by 280.0% during the 4th quarter. CENTRAL TRUST Co now owns 57 shares of the aerospace company’s stock worth $72,000 after acquiring an additional 42 shares in the last quarter. Finally, Golden State Wealth Management LLC acquired a new stake in shares of TransDigm Group in the fourth quarter valued at approximately $73,000. Institutional investors own 95.78% of the company’s stock.

TransDigm Group Trading Down 1.5%

TDG stock opened at $1,407.85 on Thursday. TransDigm Group Incorporated has a 1-year low of $1,176.31 and a 1-year high of $1,488.54. The business’s 50 day simple moving average is $1,365.89 and its 200 day simple moving average is $1,326.48. The firm has a market capitalization of $79.07 billion, a PE ratio of 49.66, a PEG ratio of 2.76 and a beta of 1.09.

TransDigm Group (NYSE:TDG) last issued its quarterly earnings data on Tuesday, May 6th. The aerospace company reported $9.11 earnings per share for the quarter, beating the consensus estimate of $8.83 by $0.28. The company had revenue of $2.15 billion for the quarter, compared to analyst estimates of $2.17 billion. TransDigm Group had a net margin of 20.76% and a negative return on equity of 42.87%. The company’s revenue was up 12.0% on a year-over-year basis. During the same period in the prior year, the firm earned $7.99 earnings per share. As a group, sell-side analysts predict that TransDigm Group Incorporated will post 35.13 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

TDG has been the subject of a number of analyst reports. UBS Group raised their target price on shares of TransDigm Group from $1,451.00 to $1,645.00 and gave the company a “buy” rating in a research report on Wednesday, May 7th. StockNews.com upgraded shares of TransDigm Group from a “hold” rating to a “buy” rating in a research note on Saturday, May 17th. Wells Fargo & Company raised their price objective on TransDigm Group from $1,375.00 to $1,540.00 and gave the company an “overweight” rating in a report on Thursday, May 8th. Truist Financial dropped their target price on TransDigm Group from $1,534.00 to $1,490.00 and set a “buy” rating on the stock in a report on Thursday, April 17th. Finally, Northcoast Research upgraded TransDigm Group from a “neutral” rating to a “buy” rating and set a $1,500.00 price target for the company in a research note on Wednesday, April 9th. Five equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $1,490.20.

Insider Buying and Selling at TransDigm Group

In other news, CEO Kevin M. Stein sold 20,000 shares of the business’s stock in a transaction dated Monday, April 14th. The shares were sold at an average price of $1,329.61, for a total value of $26,592,200.00. Following the completion of the sale, the chief executive officer now owns 8,158 shares of the company’s stock, valued at approximately $10,846,958.38. The trade was a 71.03% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, COO Joel Reiss sold 3,000 shares of the company’s stock in a transaction dated Tuesday, May 20th. The shares were sold at an average price of $1,434.35, for a total transaction of $4,303,050.00. Following the completion of the transaction, the chief operating officer now owns 3,600 shares in the company, valued at $5,163,660. This trade represents a 45.45% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 149,713 shares of company stock valued at $208,099,857 in the last three months. 4.09% of the stock is currently owned by company insiders.

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.