Edgestream Partners L.P. lessened its holdings in shares of Transdigm Group Incorporated (NYSE:TDG) by 48.2% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 5,149 shares of the aerospace company’s stock after selling 4,799 shares during the period. Edgestream Partners L.P.’s holdings in Transdigm Group were worth $1,316,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the stock. Vanguard Group Inc. grew its position in shares of Transdigm Group by 1.6% during the 2nd quarter. Vanguard Group Inc. now owns 4,824,369 shares of the aerospace company’s stock valued at $1,297,129,000 after buying an additional 76,897 shares during the last quarter. Tiger Global Management LLC grew its position in shares of Transdigm Group by 57.4% during the 2nd quarter. Tiger Global Management LLC now owns 4,000,000 shares of the aerospace company’s stock valued at $1,075,480,000 after buying an additional 1,459,272 shares during the last quarter. BlackRock Inc. grew its position in shares of Transdigm Group by 0.9% during the 2nd quarter. BlackRock Inc. now owns 3,992,584 shares of the aerospace company’s stock valued at $1,073,487,000 after buying an additional 37,025 shares during the last quarter. Capital International Investors grew its position in shares of Transdigm Group by 51.8% during the 2nd quarter. Capital International Investors now owns 1,332,593 shares of the aerospace company’s stock valued at $358,294,000 after buying an additional 454,568 shares during the last quarter. Finally, Matrix Capital Management Company LP grew its position in shares of Transdigm Group by 16.2% during the 2nd quarter. Matrix Capital Management Company LP now owns 717,783 shares of the aerospace company’s stock valued at $192,990,000 after buying an additional 100,000 shares during the last quarter.

In other Transdigm Group news, Director Raymond F. Laubenthal sold 6,000 shares of the firm’s stock in a transaction dated Friday, September 15th. The shares were sold at an average price of $254.19, for a total value of $1,525,140.00. Following the completion of the sale, the director now owns 75,701 shares in the company, valued at approximately $19,242,437.19. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Robert S. Henderson sold 15,000 shares of the firm’s stock in a transaction dated Monday, October 16th. The shares were sold at an average price of $263.74, for a total transaction of $3,956,100.00. The disclosure for this sale can be found here. Insiders sold a total of 33,000 shares of company stock valued at $8,729,280 in the last 90 days. Corporate insiders own 10.52% of the company’s stock.

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Several research analysts have commented on TDG shares. Zacks Investment Research cut shares of Transdigm Group from a “buy” rating to a “hold” rating in a research report on Monday, August 14th. Jefferies Group LLC restated a “buy” rating and issued a $283.00 target price on shares of Transdigm Group in a research report on Friday, July 14th. Vertical Research restated a “buy” rating and issued a $316.00 target price (up previously from $280.00) on shares of Transdigm Group in a research report on Thursday, August 10th. BidaskClub cut shares of Transdigm Group from a “strong-buy” rating to a “buy” rating in a research report on Monday, July 31st. Finally, Canaccord Genuity restated a “buy” rating and issued a $330.00 target price (up previously from $300.00) on shares of Transdigm Group in a research report on Wednesday, August 9th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the stock. Transdigm Group presently has an average rating of “Buy” and an average price target of $295.58.

Transdigm Group (NYSE:TDG) last posted its quarterly earnings data on Tuesday, August 8th. The aerospace company reported $3.30 earnings per share for the quarter, beating the consensus estimate of $2.98 by $0.32. The firm had revenue of $907.67 million during the quarter, compared to analysts’ expectations of $903.99 million. Transdigm Group had a net margin of 14.47% and a negative return on equity of 40.12%. The company’s quarterly revenue was up 13.8% compared to the same quarter last year. During the same quarter last year, the company posted $3.09 EPS.

About Transdigm Group

TransDigm Group Incorporated is a designer, producer and supplier of engineered aircraft components for use on commercial and military aircraft in service. The Company operates through three segments: Power & Control, Airframe and Non-aviation. The Power & Control segment includes operations that primarily develop, produce and market systems and components that provide power to or control power of the aircraft utilizing electronic, fluid, power and mechanical motion control technologies.

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Institutional Ownership by Quarter for Transdigm Group (NYSE:TDG)

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