Harel Insurance Investments & Financial Services Ltd. Buys 1,511 Shares of TransDigm Group Incorporated (NYSE:TDG)

Harel Insurance Investments & Financial Services Ltd. grew its stake in shares of TransDigm Group Incorporated (NYSE:TDG) by 55.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 4,245 shares of the aerospace company’s stock after acquiring an additional 1,511 shares during the period. Harel Insurance Investments & Financial Services Ltd.’s holdings in TransDigm Group were worth $5,380,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of TDG. First Personal Financial Services bought a new position in TransDigm Group during the third quarter valued at $29,000. Erste Asset Management GmbH bought a new position in shares of TransDigm Group during the 3rd quarter worth $29,000. Trust Co. of Vermont increased its holdings in TransDigm Group by 150.0% in the 4th 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. Versant Capital Management Inc raised its stake in TransDigm Group by 225.0% in the 4th quarter. Versant Capital Management Inc now owns 26 shares of the aerospace company’s stock valued at $33,000 after acquiring an additional 18 shares during the period. Finally, DT Investment Partners LLC lifted its holdings in TransDigm Group by 68.8% during 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 last quarter. Hedge funds and other institutional investors own 95.78% of the company’s stock.

TransDigm Group Trading Down 0.6 %

Shares of TransDigm Group stock opened at $1,341.27 on Friday. The business’s 50-day moving average price is $1,278.26 and its 200-day moving average price is $1,308.63. The firm has a market capitalization of $75.42 billion, a PE ratio of 52.39, a price-to-earnings-growth ratio of 3.06 and a beta of 1.38. TransDigm Group Incorporated has a 12 month low of $1,063.53 and a 12 month high of $1,451.32.

Insider Buying and Selling at TransDigm Group

In other news, Director Robert J. Small sold 38,053 shares of the firm’s stock in a transaction dated 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 transaction, the director now directly owns 567,323 shares of the company’s stock, valued at approximately $708,461,615.94. This trade represents a 6.29 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Joel Reiss sold 3,000 shares of the business’s stock in a transaction dated Tuesday, January 21st. The shares were sold at an average price of $1,359.06, for a total value of $4,077,180.00. Following the completion of the sale, the chief operating officer now directly owns 3,600 shares of the company’s stock, valued at approximately $4,892,616. This trade represents a 45.45 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 89,525 shares of company stock worth $112,769,801 over the last ninety days. Insiders own 4.96% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the stock. Citigroup upped their price target on shares of TransDigm Group from $1,563.00 to $1,600.00 and gave the company a “buy” rating in a research note on Thursday, December 5th. JPMorgan Chase & Co. boosted their price objective on TransDigm Group from $1,435.00 to $1,555.00 and gave the company a “neutral” rating in a research note on Monday, October 14th. Wells Fargo & Company reduced their target price on TransDigm Group from $1,500.00 to $1,375.00 and set an “equal weight” rating for the company in a report on Wednesday, December 11th. Truist Financial increased their price target on shares of TransDigm Group from $1,482.00 to $1,534.00 and gave the stock a “buy” rating in a report on Tuesday, January 14th. Finally, KeyCorp boosted their price objective on shares of TransDigm Group from $1,440.00 to $1,500.00 and gave the company an “overweight” rating in a research note on Thursday, October 24th. Eight 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, TransDigm Group presently has a consensus rating of “Moderate Buy” and a consensus price target 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.