According to the most recent S.E.C. filing made by the company, Wedge Capital Management L L P NC dropped its interest in TransDigm Group Incorporated (NYSE: T.D.G.) by 12.8% during the fourth quarter. Following the completion of 3,036 trades during the period under review, the institutional investor now holds 20,593 shares of stock in the aerospace business.
After the most recent reporting period ended, the interest value that Wedge Capital Management L.L.P. NC had in TransDigm Group was determined to be $12,966,000.
Recently, various other institutional investors in the company have either expanded or decreased their shares in the business. Riverview Trust Company invested an additional $27,000 into TransDigm Group during the third quarter of the fiscal year. Kayne Anderson Rudnick Investment Management L.L.C.
Acquired a new investment in TransDigm Group during the third quarter.
The value of this new stake was roughly $27,000.
During the third quarter, Guardian Wealth Advisors L.L.C. spent roughly $33,000 to acquire a new interest in TransDigm Group.
The percentage of ownership in TransDigm Group held by Massmutual Trust Co FSB ADV increased by 112.1% during the third quarter.
As a result of the acquisition of an additional 37 shares during the preceding quarter, Massmutual Trust Co FSB ADV now holds 70 shares of the aerospace company’s stock, which has a value of $37,000.
Last but not least, during the third quarter, Alta Advisers Ltd bought about $52,000 worth of new shares of TransDigm Group.
Institutional investors and hedge funds currently own 96.00% of the company’s shares.
There have been multiple equity analysts that have provided their opinions regarding the company. On Thursday, March 16th, StockNews.com published its first story on TransDigm Group.
They suggested that the stock be bought instead of sold.
The price objective that Truist Financial has assigned to the stock of TransDigm Group was lifted from $710.00 to $810.00 in a report published on Wednesday, February 8th. Cowen increased their price target on TransDigm Group from $695.00 to $830.00 and gave the stock an “outperform” rating in a research note published on Wednesday, February 8th.
The price objective that Bank of America has set for the TransDigm Group has increased from $770.00 to $890.00, as stated in a research note published on February 28th.
In the end, Robert W.
Baird increased their price objective on TransDigm Group from $720.00 to $767.00 and awarded the stock an “outperform” rating in a research report published on Wednesday, February 8th.
The consensus recommendation among financial experts is to buy the stock, with only four recommending that investors maintain their current holdings.
According to Bloomberg.com, the website’s community of users has assigned the firm a rating of “Moderate Buy” and has set a price objective of $762.00.
On Friday, the stock of TransDigm Group started trading at $701.25.
The price at which TransDigm Group Incorporated reached its 52-week low is $499.63, while the price at which it reached its 52-week high is $772.01.
The company has a price-to-earnings ratio of 1.90, a price-to-earnings-growth ratio of 47.41, and a beta value of 1.36.
Its market capitalization is $38.29 billion.
The moving average for the company over the past fifty days is $723.45, and the moving average over the past two hundred days is $638.40.
On Wednesday, January 11th, Jorge Valladares, the company’s Chief Operating Officer, sold 20,000 shares of the company’s stock.
At an average price of $667.41 per share, the shares could fetch a total of $13,348,200.00 when sold.
As a result of the transaction, the chief operating officer now has ownership of 11,000 shares of company stock with a combined value of $7,341,510.
The transaction was made public in a filing submitted to the Securities and Exchange Commission (S.E.C.), which may be accessed on the S.E.C. website. On Wednesday, January 11th, Jorge Valladares, the company’s Chief Operating Officer, sold 20,000 shares of the company’s stock.
At an average price of $667.41 per share, the stock could fetch a total of $13,348,200.00 when sold.
As a result of the transaction, the chief operating officer now owns roughly 11,000 shares of the firm, valued at around $7,341,510.
The transaction was made public via a filing submitted to the Securities and Exchange Commission.
This filing may be found on the website of the S.E.C.
Moreover, Chief Administrative Officer Sarah Wynne sold 180 shares of the company’s stock on March 14th.
At an average price of $720.41 per share, the stock brought in a total of $129.673.80 when sold. With the completion of the transaction, the chief accounting officer will now have direct ownership of 700 shares of the company’s stock, valued at a total of $504,287.
The disclosure for this sale can be found at this location.
During the most recent quarter, insiders sold 284,393 shares of company stock with a total value of $209,059,496. 7.18 company insiders own a percent of the corporation’s total shares.
Aerospace components, systems, and subsystems are some of the things that TransDigm Group, INC produces and manufactures.
The power and control, airframe, and non-aviation sections are the three that are included here.
The Power and Control segment primarily comprises operations that develop, manufacture, and market systems and components that either provide power to aircraft or control the power that aircraft produce by utilizing electronic, fluid, power, and mechanical motion control technologies.
These operations are the primary focus of the Power and Control segment.
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