Versant Capital Management Inc Boosts Stock Holdings in TransDigm Group Incorporated (NYSE:TDG)

Versant Capital Management Inc increased its position in shares of TransDigm Group Incorporated (NYSE:TDG) by 225.0% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 26 shares of the aerospace company’s stock after buying an additional 18 shares during the quarter. Versant Capital Management Inc’s holdings in TransDigm Group were worth $33,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in TDG. First Personal Financial Services acquired a new position in shares of TransDigm Group in the third quarter worth about $29,000. Erste Asset Management GmbH acquired a new position in TransDigm Group in the 3rd quarter worth about $29,000. Meeder Asset Management Inc. boosted its position in TransDigm Group by 275.0% during the second quarter. Meeder Asset Management Inc. now owns 30 shares of the aerospace company’s stock worth $38,000 after purchasing an additional 22 shares in the last quarter. DT Investment Partners LLC grew its holdings in TransDigm Group by 68.8% in the third quarter. DT Investment Partners LLC now owns 27 shares of the aerospace company’s stock valued at $39,000 after purchasing an additional 11 shares during the period. Finally, Hershey Financial Advisers LLC purchased a new stake in shares of TransDigm Group in the second quarter valued at approximately $41,000. Institutional investors and hedge funds own 95.78% of the company’s stock.

Insider Buying and Selling at TransDigm Group

In other TransDigm Group news, CEO Kevin M. Stein sold 20,000 shares of TransDigm Group stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $1,248.07, for a total value of $24,961,400.00. Following the sale, the chief executive officer now owns 8,158 shares in the company, valued at $10,181,755.06. The trade was a 71.03 % 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, Director W Nicholas Howley sold 5,472 shares of the stock in a transaction on Tuesday, October 15th. The stock was sold at an average price of $1,402.85, for a total value of $7,676,395.20. Following the transaction, the director now owns 21,548 shares of the company’s stock, valued at approximately $30,228,611.80. This represents a 20.25 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 69,525 shares of company stock worth $88,134,141 in the last ninety days. 4.96% of the stock is owned by insiders.

TransDigm Group Trading Up 0.2 %

Shares of TDG stock opened at $1,253.96 on Wednesday. TransDigm Group Incorporated has a twelve month low of $975.00 and a twelve month high of $1,451.32. The stock has a market cap of $70.51 billion, a price-to-earnings ratio of 48.98, a PEG ratio of 2.89 and a beta of 1.38. The company’s 50-day moving average price is $1,283.44 and its 200-day moving average price is $1,306.84.

Analyst Ratings Changes

TDG has been the topic of a number of recent analyst reports. Wells Fargo & Company decreased their target price on TransDigm Group from $1,500.00 to $1,375.00 and set an “equal weight” rating on the stock in a research report on Wednesday, December 11th. Citigroup lifted their target price on shares of TransDigm Group from $1,563.00 to $1,600.00 and gave the company a “buy” rating in a research report on Thursday, December 5th. Barclays restated an “equal weight” rating and set a $1,500.00 price target on shares of TransDigm Group in a research report on Monday. JPMorgan Chase & Co. lifted their price objective 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. Finally, Deutsche Bank Aktiengesellschaft cut TransDigm Group from a “buy” rating to a “hold” rating and reduced their target price for the company from $1,444.00 to $1,348.00 in a report on Thursday, January 2nd. Nine analysts have rated the stock with a hold rating and ten have given a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $1,452.00.

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.