Transdigm Group Incorporated Transdigm Group Inc (NYSE:TDG)’s Trend Up, Especially After Decreased Shorts

September 30, 2018 - By Megan Stone

TransDigm Group Incorporated (NYSE:TDG) Logo

Investors sentiment decreased to 0.95 in 2018 Q2. Its down 0.14, from 1.09 in 2018Q1. It dropped, as 20 investors sold TransDigm Group Incorporated shares while 157 reduced holdings. 59 funds opened positions while 109 raised stakes. 54.25 million shares or 0.62% less from 54.59 million shares in 2018Q1 were reported.
1.81 million were reported by Berkshire Prns Ltd Limited Liability Company. 96,941 were reported by Mitsubishi Ufj Trust Bk. 90,323 are held by Barclays Plc. Barbara Oil Company accumulated 6,000 shares or 1.33% of the stock. Federated Investors Pa invested in 624 shares. Panagora Asset Mngmt Incorporated has invested 0% in TransDigm Group Incorporated (NYSE:TDG). Sumitomo Mitsui Trust Holding has 0.06% invested in TransDigm Group Incorporated (NYSE:TDG). Envestnet Asset Mgmt Inc holds 0% or 1,557 shares. Lone Pine Cap Ltd Com owns 1.76M shares for 3.22% of their portfolio. Sun Life Finance holds 0.01% of its portfolio in TransDigm Group Incorporated (NYSE:TDG) for 132 shares. Louisiana State Employees Retirement Systems holds 0.05% or 2,900 shares in its portfolio. Montag A Assocs stated it has 5,131 shares. 18,575 are owned by Fil Limited. Talara Capital Management Ltd Llc invested in 46,028 shares. Piedmont Advisors Ltd Liability, a North Carolina-based fund reported 551 shares.

Since March 27, 2018, it had 0 buys, and 14 insider sales for $43.03 million activity. $1.62M worth of TransDigm Group Incorporated (NYSE:TDG) shares were sold by Jones Roger. Skulina James sold $3.55M worth of stock or 10,000 shares. 11,900 shares were sold by Laubenthal Raymond F, worth $4.17M on Wednesday, August 15. The insider Henderson Robert S sold $5.00M. 5,400 shares were sold by Reiss Joel, worth $1.73 million on Thursday, May 3.

The stock of Transdigm Group Incorporated Transdigm Group Inc (NYSE:TDG) registered a decrease of 2.87% in short interest. TDG’s total short interest was 2.88M shares in September as published by FINRA. Its down 2.87% from 2.97M shares, reported previously. With 294,000 shares average volume, it will take short sellers 10 days to cover their TDG’s short positions.

The stock decreased 0.09% or $0.35 during the last trading session, reaching $372.3. About 564,822 shares traded or 71.18% up from the average. TransDigm Group Incorporated (NYSE:TDG) has risen 39.87% since September 30, 2017 and is uptrending. It has outperformed by 24.25% the S&P500.

TransDigm Group Incorporated designs, produces, and supplies aircraft components in the United States. The company has market cap of $19.59 billion. The company??s 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, databus and power controls, hoists, winches and lifting devices, and cargo loading and handling systems. It has a 27.05 P/E ratio. It serves engine and power system and subsystem suppliers, airlines, third party maintenance suppliers, military buying agencies, and repair depots.

TransDigm Group Incorporated (NYSE:TDG) Ratings Coverage

Among 10 analysts covering Transdigm Group Inc (NYSE:TDG), 7 have Buy rating, 1 Sell and 2 Hold. Therefore 70% are positive. Transdigm Group Inc had 15 analyst reports since April 6, 2018 according to SRatingsIntel. Credit Suisse maintained the stock with “Outperform” rating in Friday, June 29 report. The stock has “Buy” rating by Robert W. Baird on Tuesday, June 19. The firm has “Equal-Weight” rating given on Thursday, April 12 by Morgan Stanley. As per Monday, April 16, the company rating was downgraded by Credit Suisse. As per Friday, April 6, the company rating was maintained by RBC Capital Markets. Morgan Stanley maintained TransDigm Group Incorporated (NYSE:TDG) rating on Thursday, July 12. Morgan Stanley has “Equal-Weight” rating and $372 target. Jefferies maintained it with “Hold” rating and $350 target in Friday, June 29 report. The firm has “Outperform” rating by Cowen & Co given on Wednesday, July 11. The rating was maintained by Canaccord Genuity on Monday, April 30 with “Buy”. The stock of TransDigm Group Incorporated (NYSE:TDG) has “Underweight” rating given on Friday, August 10 by JP Morgan.

Another recent and important TransDigm Group Incorporated (NYSE:TDG) news was published by which published an article titled: “UPDATE: Esterline (ESL) Is Said to See Interest from TransDigm (TDG) – Bloomberg, Citing DealReporter” on September 14, 2018.

TransDigm Group Incorporated (NYSE:TDG) Institutional Positions Chart

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