TransDigm Group Incorporated (NYSE:TDG) Shares Bought by Czech National Bank

Czech National Bank raised its holdings in TransDigm Group Incorporated (NYSE:TDG) by 6.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 12,192 shares of the aerospace company’s stock after acquiring an additional 762 shares during the quarter. Czech National Bank’s holdings in TransDigm Group were worth $15,451,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of TDG. Windacre Partnership LLC lifted its holdings in TransDigm Group by 42.7% in the 3rd quarter. Windacre Partnership LLC now owns 728,000 shares of the aerospace company’s stock valued at $1,038,951,000 after acquiring an additional 217,700 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in TransDigm Group by 9.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,997,827 shares of the aerospace company’s stock worth $2,851,160,000 after buying an additional 173,642 shares during the period. Darsana Capital Partners LP acquired a new stake in TransDigm Group during the 2nd quarter worth about $210,806,000. International Assets Investment Management LLC raised its holdings in TransDigm Group by 108,517.8% during the 3rd quarter. International Assets Investment Management LLC now owns 48,878 shares of the aerospace company’s stock worth $69,755,000 after buying an additional 48,833 shares during the period. Finally, Point72 Asset Management L.P. raised its holdings in TransDigm Group by 2,868.8% during the 2nd quarter. Point72 Asset Management L.P. now owns 47,069 shares of the aerospace company’s stock worth $60,136,000 after buying an additional 48,769 shares during the period. 95.78% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. StockNews.com upgraded TransDigm Group from a “hold” rating to a “buy” rating in a report on Wednesday, January 8th. Barclays restated an “equal weight” rating and set a $1,500.00 price objective on shares of TransDigm Group in a report on Monday, January 6th. JPMorgan Chase & Co. boosted 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. Deutsche Bank Aktiengesellschaft downgraded TransDigm Group from a “buy” rating to a “hold” rating and cut their price objective for the stock from $1,444.00 to $1,348.00 in a report on Thursday, January 2nd. Finally, Wells Fargo & Company dropped 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 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. According to data from MarketBeat.com, TransDigm Group has an average rating of “Moderate Buy” and a consensus target price of $1,452.00.

TransDigm Group Stock Performance

NYSE:TDG opened at $1,278.18 on Tuesday. The stock’s 50 day moving average price is $1,280.48 and its 200 day moving average price is $1,305.91. TransDigm Group Incorporated has a 52 week low of $1,017.80 and a 52 week high of $1,451.32. The company has a market capitalization of $71.87 billion, a P/E ratio of 49.93, a P/E/G ratio of 2.89 and a beta of 1.38.

Insider Buying and Selling

In other TransDigm Group news, COO Joel Reiss sold 3,000 shares of the company’s stock in a transaction that occurred on Friday, December 20th. The stock was sold at an average price of $1,257.09, for a total transaction of $3,771,270.00. Following the completion of the sale, the chief operating officer now owns 3,600 shares of the company’s stock, valued at $4,525,524. This represents a 45.45 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Robert J. Small sold 38,053 shares of the company’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 value of $47,519,825.34. Following the sale, the director now directly owns 567,323 shares of the company’s stock, valued at $708,461,615.94. The trade was a 6.29 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 61,053 shares of company stock worth $76,252,495. 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.