Laird Norton Wetherby Wealth Management LLC Sells 37 Shares of TransDigm Group Incorporated (NYSE:TDG)

Laird Norton Wetherby Wealth Management LLC lessened its holdings in TransDigm Group Incorporated (NYSE:TDG) by 1.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,784 shares of the aerospace company’s stock after selling 37 shares during the period. Laird Norton Wetherby Wealth Management LLC’s holdings in TransDigm Group were worth $4,795,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the business. Capital Advisors Ltd. LLC increased its holdings in shares of TransDigm Group by 200.0% in the 4th quarter. Capital Advisors Ltd. LLC now owns 24 shares of the aerospace company’s stock worth $30,000 after buying an additional 16 shares during the last quarter. Trust Co. of Vermont increased its stake in TransDigm Group by 150.0% during the fourth quarter. Trust Co. of Vermont now owns 25 shares of the aerospace company’s stock worth $32,000 after acquiring an additional 15 shares during the last quarter. Meeder Asset Management Inc. increased its stake in TransDigm Group by 210.0% during the fourth quarter. Meeder Asset Management Inc. now owns 31 shares of the aerospace company’s stock worth $39,000 after acquiring an additional 21 shares during the last quarter. Sachetta LLC increased its stake in TransDigm Group by 105.9% during the fourth quarter. Sachetta LLC now owns 35 shares of the aerospace company’s stock worth $44,000 after acquiring an additional 18 shares during the last quarter. Finally, CENTRAL TRUST Co increased its stake in TransDigm Group by 280.0% during the fourth quarter. CENTRAL TRUST Co now owns 57 shares of the aerospace company’s stock worth $72,000 after acquiring an additional 42 shares during the last quarter. Institutional investors own 95.78% of the company’s stock.

TransDigm Group Price Performance

Shares of TransDigm Group stock opened at $1,372.20 on Monday. The firm’s 50-day moving average is $1,353.73 and its two-hundred day moving average is $1,321.52. TransDigm Group Incorporated has a 1 year low of $1,176.31 and a 1 year high of $1,488.54. The stock has a market cap of $77.07 billion, a price-to-earnings ratio of 48.40, a PEG ratio of 2.76 and a beta of 1.09.

TransDigm Group (NYSE:TDG) last announced its earnings results on Tuesday, May 6th. The aerospace company reported $9.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $8.83 by $0.28. The business had revenue of $2.15 billion for the quarter, compared to analysts’ expectations of $2.17 billion. TransDigm Group had a negative return on equity of 42.87% and a net margin of 20.76%. The business’s revenue for the quarter was up 12.0% on a year-over-year basis. During the same quarter last year, the firm earned $7.99 EPS. On average, equities analysts expect that TransDigm Group Incorporated will post 35.13 earnings per share for the current year.

Analyst Upgrades and Downgrades

TDG has been the topic of several analyst reports. Susquehanna boosted their target price on TransDigm Group from $1,250.00 to $1,300.00 and gave the company a “neutral” rating in a research report on Wednesday, April 2nd. StockNews.com cut shares of TransDigm Group from a “buy” rating to a “hold” rating in a research report on Friday. Wells Fargo & Company upped their price target on shares of TransDigm Group from $1,375.00 to $1,540.00 and gave the company an “overweight” rating in a report on Thursday. Truist Financial cut their price target on shares of TransDigm Group from $1,534.00 to $1,490.00 and set a “buy” rating on the stock in a report on Thursday, April 17th. Finally, UBS Group upped their target price on TransDigm Group from $1,451.00 to $1,645.00 and gave the company a “buy” rating in a research note on Wednesday, May 7th. Six research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,490.20.

Insider Activity at TransDigm Group

In other news, Director Robert J. Small sold 1,000 shares of the firm’s stock in a transaction dated Thursday, March 13th. The shares were sold at an average price of $1,335.22, for a total value of $1,335,220.00. Following the sale, the director now directly owns 95,147 shares in the company, valued at approximately $127,042,177.34. This trade represents a 1.04% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director W Nicholas Howley sold 5,472 shares of the firm’s stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $1,315.93, for a total transaction of $7,200,768.96. Following the completion of the sale, the director now owns 21,548 shares in the company, valued at $28,355,659.64. This represents a 20.25% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 174,135 shares of company stock valued at $240,122,586 over the last quarter. 4.09% of the stock is owned by corporate insiders.

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.