Bennett Selby Investments LP Has $760,000 Stock Holdings in TransDigm Group Incorporated (NYSE:TDG)

Bennett Selby Investments LP lifted its position in TransDigm Group Incorporated (NYSE:TDG) by 50.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 600 shares of the aerospace company’s stock after buying an additional 202 shares during the period. Bennett Selby Investments LP’s holdings in TransDigm Group were worth $760,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. First Personal Financial Services acquired a new stake in shares of TransDigm Group during the third quarter worth about $29,000. Erste Asset Management GmbH bought a new position in TransDigm Group in the third quarter valued at approximately $29,000. Trust Co. of Vermont boosted its holdings in shares of TransDigm Group by 150.0% in the fourth quarter. Trust Co. of Vermont now owns 25 shares of the aerospace company’s stock valued at $32,000 after buying an additional 15 shares during the period. Versant Capital Management Inc increased its position in shares of TransDigm Group by 225.0% during the fourth quarter. Versant Capital Management Inc now owns 26 shares of the aerospace company’s stock worth $33,000 after acquiring an additional 18 shares in the last quarter. Finally, DT Investment Partners LLC raised its holdings in shares of TransDigm Group by 68.8% during 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 during the period. Institutional investors and hedge funds own 95.78% of the company’s stock.

Wall Street Analysts Forecast Growth

TDG has been the topic of several recent research reports. 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, January 14th. Wells Fargo & Company lowered their price objective on shares of TransDigm Group from $1,500.00 to $1,375.00 and set an “equal weight” rating on the stock in a report on Wednesday, December 11th. Deutsche Bank Aktiengesellschaft cut shares of TransDigm Group from a “buy” rating to a “hold” rating and reduced their target price for the stock from $1,444.00 to $1,348.00 in a report on Thursday, January 2nd. Barclays reiterated an “equal weight” rating and issued a $1,500.00 price target on shares of TransDigm Group in a research note on Monday, January 6th. Finally, 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 note on Thursday, October 24th. Eight research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $1,455.00.

TransDigm Group Stock Performance

Shares of TDG stock opened at $1,341.27 on Friday. The company has a market capitalization of $75.42 billion, a price-to-earnings ratio of 52.39, a PEG ratio of 3.06 and a beta of 1.38. TransDigm Group Incorporated has a 52 week low of $1,063.53 and a 52 week high of $1,451.32. The company has a 50-day simple moving average of $1,278.26 and a 200 day simple moving average of $1,308.63.

Insider Activity

In related news, COO Joel Reiss sold 3,000 shares of the firm’s stock in a transaction dated Tuesday, January 21st. The shares were sold at an average price of $1,359.06, for a total transaction of $4,077,180.00. Following the transaction, the chief operating officer now directly owns 3,600 shares of the company’s stock, valued at approximately $4,892,616. This trade represents a 45.45 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Kevin M. Stein sold 20,000 shares of the business’s stock in a transaction dated 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 completion of the sale, the chief executive officer now directly owns 8,158 shares of the company’s stock, valued at $10,181,755.06. This represents a 71.03 % 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 owned by insiders.

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.