TransDigm Group Incorporated (NYSE:TDG) Shares Purchased by Fulton Bank N.A.

Fulton Bank N.A. boosted its holdings in shares of TransDigm Group Incorporated (NYSE:TDG) by 10.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 249 shares of the aerospace company’s stock after purchasing an additional 24 shares during the quarter. Fulton Bank N.A.’s holdings in TransDigm Group were worth $316,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. First Personal Financial Services purchased a new position in TransDigm Group during the third quarter worth approximately $29,000. Erste Asset Management GmbH purchased a new position in TransDigm Group during the third quarter worth approximately $29,000. Versant Capital Management Inc boosted its position in 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 purchasing an additional 18 shares in the last quarter. 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. Finally, DT Investment Partners LLC boosted 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 purchasing an additional 11 shares in the last quarter. Hedge funds and other institutional investors own 95.78% of the company’s stock.

TransDigm Group Stock Down 1.6 %

Shares of TransDigm Group stock opened at $1,262.41 on Friday. TransDigm Group Incorporated has a 52 week low of $1,004.25 and a 52 week high of $1,451.32. The business’s fifty day simple moving average is $1,281.23 and its 200-day simple moving average is $1,306.04. The firm has a market cap of $70.99 billion, a PE ratio of 49.31, a price-to-earnings-growth ratio of 2.89 and a beta of 1.38.

Analysts Set New Price Targets

TDG has been the topic of a number of recent analyst reports. KeyCorp increased their price target on TransDigm Group from $1,440.00 to $1,500.00 and gave the stock an “overweight” rating in a research report on Thursday, October 24th. Barclays reiterated an “equal weight” rating and set a $1,500.00 price target on shares of TransDigm Group in a research report on Monday, January 6th. StockNews.com upgraded TransDigm Group from a “hold” rating to a “buy” rating in a research report on Wednesday. JPMorgan Chase & Co. boosted their price target on 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. Finally, Wells Fargo & Company dropped their price target on TransDigm Group from $1,500.00 to $1,375.00 and set an “equal weight” rating for the company in a research report on Wednesday, December 11th. Eight analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $1,452.00.

Insider Activity

In related news, COO Joel Reiss sold 3,000 shares of the business’s stock in a transaction on Tuesday, October 15th. The stock was sold at an average price of $1,401.75, for a total value of $4,205,250.00. Following the sale, the chief operating officer now owns 3,600 shares in the company, valued at approximately $5,046,300. The trade was a 45.45 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, 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 completion of the sale, the director now owns 21,548 shares in the company, valued at $30,228,611.80. This represents a 20.25 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 69,525 shares of company stock valued at $88,134,141 in the last quarter. Insiders own 4.96% of the company’s stock.

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.