CHURCHILL MANAGEMENT Corp Sells 746 Shares of TransDigm Group Incorporated (NYSE:TDG)

CHURCHILL MANAGEMENT Corp cut its position in shares of TransDigm Group Incorporated (NYSE:TDG) by 11.6% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,666 shares of the aerospace company’s stock after selling 746 shares during the quarter. CHURCHILL MANAGEMENT Corp’s holdings in TransDigm Group were worth $7,180,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also bought and sold shares of the business. Rockingstone Advisors LLC grew its position in TransDigm Group by 0.9% in the 4th quarter. Rockingstone Advisors LLC now owns 3,023 shares of the aerospace company’s stock worth $3,831,000 after purchasing an additional 28 shares during the period. Moseley Investment Management Inc. increased its stake in TransDigm Group by 15.2% during the fourth quarter. Moseley Investment Management Inc. now owns 250 shares of the aerospace company’s stock worth $317,000 after acquiring an additional 33 shares during the last quarter. Park Avenue Securities LLC lifted its holdings in shares of TransDigm Group by 29.9% in the 4th quarter. Park Avenue Securities LLC now owns 926 shares of the aerospace company’s stock worth $1,174,000 after acquiring an additional 213 shares during the last quarter. Fifth Third Wealth Advisors LLC grew its position in TransDigm Group by 6.2% in the 4th quarter. Fifth Third Wealth Advisors LLC now owns 496 shares of the aerospace company’s stock valued at $629,000 after acquiring an additional 29 shares during the last quarter. Finally, Oak Thistle LLC increased its position in shares of TransDigm Group by 38.0% during the fourth quarter. Oak Thistle LLC now owns 1,129 shares of the aerospace company’s stock worth $1,431,000 after acquiring an additional 311 shares during the period. Institutional investors own 95.78% of the company’s stock.

TransDigm Group Stock Down 0.6 %

TransDigm Group stock opened at $1,292.62 on Thursday. TransDigm Group Incorporated has a 12-month low of $1,017.80 and a 12-month high of $1,451.32. The stock has a market capitalization of $72.68 billion, a price-to-earnings ratio of 50.49, a P/E/G ratio of 2.84 and a beta of 1.38. The stock has a 50-day simple moving average of $1,279.71 and a 200 day simple moving average of $1,306.06.

Wall Street Analysts Forecast Growth

Several research firms recently commented on TDG. KeyCorp boosted 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 note on Thursday, October 24th. Wells Fargo & Company dropped their price target on shares of TransDigm Group from $1,500.00 to $1,375.00 and set an “equal weight” rating on the stock in a research note on Wednesday, December 11th. StockNews.com raised shares of TransDigm Group from a “hold” rating to a “buy” rating in a research note on Wednesday, January 8th. Truist Financial increased their price objective on TransDigm Group from $1,482.00 to $1,534.00 and gave the stock a “buy” rating in a research report on Tuesday. Finally, 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. 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 company currently has an average rating of “Moderate Buy” and a consensus price target of $1,455.00.

Insider Activity at TransDigm Group

In related news, COO Joel Reiss sold 3,000 shares of the business’s 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 completion of the transaction, the chief operating officer now owns 3,600 shares in the company, valued at approximately $4,525,524. The trade was a 45.45 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Robert J. Small sold 38,053 shares of TransDigm Group stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of $1,248.78, for a total value of $47,519,825.34. Following the transaction, the director now owns 567,323 shares in the company, valued at approximately $708,461,615.94. This represents a 6.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 86,525 shares of company stock valued at $108,692,621 over the last quarter. Corporate insiders own 4.96% of the company’s stock.

TransDigm Group Company 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.