TransDigm Group Incorporated (NYSE:TDG) Shares Purchased by Paragon Capital Management Inc.

Paragon Capital Management Inc. grew its holdings in shares of TransDigm Group Incorporated (NYSE:TDG) by 2.3% during the 4th quarter, HoldingsChannel reports. The firm owned 1,170 shares of the aerospace company’s stock after buying an additional 26 shares during the period. Paragon Capital Management Inc.’s holdings in TransDigm Group were worth $1,483,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. First Personal Financial Services purchased a new stake in TransDigm Group during the 3rd quarter valued at about $29,000. Erste Asset Management GmbH acquired a new position in shares of TransDigm Group during the 3rd quarter worth approximately $29,000. Trust Co. of Vermont grew its position 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 purchasing an additional 15 shares in the last quarter. Versant Capital Management Inc increased its holdings in shares of TransDigm Group by 225.0% in the fourth quarter. Versant Capital Management Inc now owns 26 shares of the aerospace company’s stock valued at $33,000 after purchasing an additional 18 shares during the last quarter. Finally, DT Investment Partners LLC lifted its position in 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 buying an additional 11 shares in the last quarter. Hedge funds and other institutional investors own 95.78% of the company’s stock.

Insider Buying and Selling

In related news, Director Robert J. Small sold 38,053 shares of the business’s stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $1,248.78, for a total transaction of $47,519,825.34. Following the completion of the sale, the director now owns 567,323 shares in the company, valued at $708,461,615.94. The trade was a 6.29 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Joel Reiss sold 3,000 shares of the stock in a transaction that occurred on 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 completion of the transaction, the chief operating officer now owns 3,600 shares in the company, valued at $4,892,616. This represents a 45.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 89,525 shares of company stock worth $112,769,801. Company insiders own 4.09% of the company’s stock.

TransDigm Group Price Performance

Shares of NYSE:TDG opened at $1,306.98 on Wednesday. The firm’s 50-day moving average is $1,290.40 and its two-hundred day moving average is $1,313.66. TransDigm Group Incorporated has a 1 year low of $1,100.86 and a 1 year high of $1,451.32. The firm has a market capitalization of $73.24 billion, a PE ratio of 51.05, a price-to-earnings-growth ratio of 3.06 and a beta of 1.40.

TransDigm Group (NYSE:TDG) last announced its quarterly earnings data on Tuesday, February 4th. The aerospace company reported $7.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.73 by $0.84. The business had revenue of $2.01 billion for the quarter, compared to analysts’ expectations of $2.03 billion. TransDigm Group had a negative return on equity of 50.40% and a net margin of 19.93%. The company’s revenue for the quarter was up 12.1% compared to the same quarter last year. During the same period last year, the firm earned $7.16 earnings per share. Analysts expect that TransDigm Group Incorporated will post 34.11 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have issued reports on TDG shares. StockNews.com raised TransDigm Group from a “hold” rating to a “buy” rating in a research note on Wednesday, January 8th. JPMorgan Chase & Co. raised their price objective on shares of TransDigm Group from $1,435.00 to $1,555.00 and gave the stock a “neutral” rating in a research report on Monday, October 14th. Barclays reiterated an “equal weight” rating and issued a $1,500.00 target price on shares of TransDigm Group in a report on Monday, January 6th. Citigroup raised their price target on shares of TransDigm Group from $1,563.00 to $1,600.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. Finally, Wells Fargo & Company decreased their price objective on 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. Eight research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $1,455.00.

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.