57 Shares in TransDigm Group Incorporated (NYSE:TDG) Bought by Ashton Thomas Securities LLC

Ashton Thomas Securities LLC bought a new position in TransDigm Group Incorporated (NYSE:TDG) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 57 shares of the aerospace company’s stock, valued at approximately $81,000.

Other hedge funds also recently bought and sold shares of the company. Los Angeles Capital Management LLC raised its position in TransDigm Group by 3.8% during the third quarter. Los Angeles Capital Management LLC now owns 14,178 shares of the aerospace company’s stock valued at $20,234,000 after acquiring an additional 522 shares in the last quarter. Guerra Pan Advisors LLC increased its stake in shares of TransDigm Group by 2.5% during the 3rd quarter. Guerra Pan Advisors LLC now owns 1,521 shares of the aerospace company’s stock worth $2,171,000 after purchasing an additional 37 shares during the last quarter. Sustainable Insight Capital Management LLC raised its holdings in shares of TransDigm Group by 26.5% during the 3rd quarter. Sustainable Insight Capital Management LLC now owns 2,623 shares of the aerospace company’s stock valued at $3,743,000 after purchasing an additional 549 shares in the last quarter. First Personal Financial Services acquired a new stake in shares of TransDigm Group in the 3rd quarter valued at $29,000. Finally, Objective Capital Management LLC bought a new stake in TransDigm Group in the third quarter worth $349,000. 95.78% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on TDG. Susquehanna boosted their price target on TransDigm Group from $1,200.00 to $1,250.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 7th. JPMorgan Chase & Co. boosted their target price on TransDigm Group from $1,435.00 to $1,555.00 and gave the stock a “neutral” rating in a report on Monday, October 14th. KeyCorp increased their price target on TransDigm Group from $1,440.00 to $1,500.00 and gave the company an “overweight” rating in a report on Thursday, October 24th. Royal Bank of Canada restated an “outperform” rating and issued a $1,500.00 price objective on shares of TransDigm Group in a research note on Wednesday, August 7th. Finally, Jefferies Financial Group lowered their target price on shares of TransDigm Group from $1,625.00 to $1,515.00 and set a “buy” rating on the stock in a research note on Tuesday, August 13th. Seven analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $1,461.82.

TransDigm Group Trading Down 1.5 %

Shares of NYSE:TDG opened at $1,354.52 on Wednesday. The business’s 50 day moving average is $1,368.17 and its 200-day moving average is $1,318.02. The firm has a market capitalization of $76.00 billion, a PE ratio of 53.70, a PEG ratio of 1.83 and a beta of 1.43. TransDigm Group Incorporated has a 1-year low of $949.99 and a 1-year high of $1,451.32.

TransDigm Group Increases Dividend

The firm also recently declared a special dividend, which was paid on Friday, October 18th. Shareholders of record on Friday, October 4th were issued a $75.00 dividend. The ex-dividend date of this dividend was Friday, October 4th. This is a positive change from TransDigm Group’s previous special dividend of $32.50.

Insider Activity

In other news, COO Joel Reiss sold 3,000 shares of TransDigm Group stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $1,375.89, for a total transaction of $4,127,670.00. Following the sale, the chief operating officer now directly owns 3,600 shares in the company, valued at approximately $4,953,204. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, Director W Nicholas Howley sold 5,472 shares of the business’s stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $1,402.85, for a total value of $7,676,395.20. Following the sale, the director now owns 21,548 shares in the company, valued at approximately $30,228,611.80. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, COO Joel Reiss sold 3,000 shares of the stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $1,375.89, for a total transaction of $4,127,670.00. Following the sale, the chief operating officer now owns 3,600 shares of the company’s stock, valued at $4,953,204. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 16,944 shares of company stock worth $23,541,085. 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.