Capital World Investors is Buying Transdigm Group Inc. (NYSE:TDG) Shares

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In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Transdigm Group Inc. (NYSE:TDG) reported that Capital World Investors has picked up 5,526,700 of common stock as of 2017-04-10.

The acquisition brings the aggregate amount owned by Capital World Investors to a total of 5,526,700 representing a 10.4% stake in the company.

For those not familiar with the company, 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. The Airframe segment includes operations that primarily develop and market systems and components that are used in non-power airframe applications utilizing airframe and cabin structure technologies. The Non-aviation segment includes operations that primarily develop, produce and market products for non-aviation markets. Its product offerings include mechanical/electro-mechanical actuators and controls, engineered latching and locking devices, and seat belts and safety restraints.

A glance at Transdigm Group Inc. (NYSE:TDG)’s key stats reveals a current market capitalization of 12.21 Billion based on 52.84 Million shares outstanding and a price at last close of $228.71 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2017-03-14, Small picked up 2,121 at a purchase price of $234.27. This brings their total holding to 327,681 as of the date of the filing.

On the sell side, the most recent transaction saw Reiss unload 1,205 shares at a sale price of $253.79. This brings their total holding to 3,600.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Transdigm Group Inc. (NYSE:TDG) as things move forward to see if its progress aligns with these transactions.

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