Why Raymond Laubenthal Sold 11,900 Stock of TransDigm Group (TDG)?; Echo Street Capital Management Has Raised Ansys (ANSS) Holding By $1.82 Million


Echo Street Capital Management Llc increased Ansys Inc (ANSS) stake by 34.38% reported in 2018Q1 SEC filing. Echo Street Capital Management Llc acquired 11,663 shares as Ansys Inc (ANSS)’s stock rose 0.40%. The Echo Street Capital Management Llc holds 45,586 shares with $7.14 million value, up from 33,923 last quarter. Ansys Inc now has $14.96 billion valuation. The stock increased 0.16% or $0.28 during the last trading session, reaching $178.06. About 136,121 shares traded. ANSYS, Inc. (NASDAQ:ANSS) has risen 28.61% since June 18, 2017 and is uptrending. It has outperformed by 16.04% the S&P500. Some Historical ANSS News: ; 22/03/2018 ANSYS To Acquire Optical Simulation Leader OPTIS; 02/05/2018 – ANSYS SEES 2Q ADJ REV $272.0M TO $292.0M, EST. $291.2M; 02/05/2018 – ANSYS BOOSTS OUTLOOK FOR FY 2018 REV; 02/05/2018 – ANSYS BUYS OPTIS, BECOMES INDUSTRY’S LEADING SOLUTION PROVIDER; 19/04/2018 – DJ ANSYS Inc, Inst Holders, 1Q 2018 (ANSS); 22/03/2018 – Global Chemical Software Market 2018-2022 – Key Vendors are ANSYS, Frontline Data Solutions, RURO & SFS Chemical Safety – ResearchAndMarkets.com; 02/05/2018 – Ansys 1Q Rev $282.9M; 07/05/2018 – Ansys at MUFG Securities Corporate Access Day Tomorrow; 02/05/2018 – ANSYS: CONDITIONS TO LAWTRUST ACQUISITION TO BE MET BY END MAY; 22/03/2018 – ANSYS INC ANSS.O – MANAGEMENT WILL PROVIDE FURTHER DETAILS REGARDING TRANSACTION AND ITS IMPACT ON 2018 FINANCIAL OUTLOOK AFTER CLOSING

ANSYS, Inc. (NASDAQ:ANSS) Ratings Coverage

Among 16 analysts covering Ansys Inc. (NASDAQ:ANSS), 4 have Buy rating, 2 Sell and 10 Hold. Therefore 25% are positive. Ansys Inc. had 38 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was maintained by Robert W. Baird on Thursday, February 22 with “Buy”. The stock has “Hold” rating by RBC Capital Markets on Sunday, September 10. The firm earned “Hold” rating on Wednesday, September 27 by KeyBanc Capital Markets. On Friday, June 9 the stock rating was maintained by Evercore with “Hold”. The stock has “Hold” rating by Needham on Tuesday, November 22. On Tuesday, February 16 the stock rating was maintained by Wedbush with “Outperform”. Wedbush maintained it with “Neutral” rating and $101 target in Friday, February 24 report. As per Thursday, October 8, the company rating was initiated by KeyBanc Capital Markets. The firm has “Hold” rating given on Friday, September 22 by Citigroup. Berenberg initiated ANSYS, Inc. (NASDAQ:ANSS) rating on Wednesday, August 23. Berenberg has “Hold” rating and $123.0 target.

Since February 1, 2018, it had 0 insider purchases, and 9 insider sales for $16.40 million activity. $4.06M worth of ANSYS, Inc. (NASDAQ:ANSS) was sold by SHIELDS MARIA T. $4.04 million worth of ANSYS, Inc. (NASDAQ:ANSS) shares were sold by MORLEY BRADFORD C. $263,088 worth of stock was sold by MAHONEY RICHARD S. on Monday, March 5. HINDSBO MARK sold $156,610 worth of ANSYS, Inc. (NASDAQ:ANSS) on Thursday, March 8. Gopal Ajei had sold 3,711 shares worth $613,442 on Monday, May 21. CASHMAN JAMES E III sold $6.59M worth of ANSYS, Inc. (NASDAQ:ANSS) on Tuesday, May 22. 1,222 ANSYS, Inc. (NASDAQ:ANSS) shares with value of $199,149 were sold by ZACK MATTHEW C..

Echo Street Capital Management Llc decreased Sba Communications Corp New stake by 67,258 shares to 38,826 valued at $6.64M in 2018Q1. It also reduced Ultimate Software Group Inc (NASDAQ:ULTI) stake by 78,604 shares and now owns 85,492 shares. Colgate Palmolive Co (NYSE:CL) was reduced too.

Investors sentiment decreased to 0.86 in Q1 2018. Its down 0.03, from 0.89 in 2017Q4. It dropped, as 22 investors sold ANSS shares while 185 reduced holdings. 66 funds opened positions while 113 raised stakes. 75.68 million shares or 2.75% less from 77.82 million shares in 2017Q4 were reported. Oak Ridge Invs Limited Liability Company holds 87,495 shares. United Kingdom-based Aviva Public Limited Co has invested 0.04% in ANSYS, Inc. (NASDAQ:ANSS). The New York-based Clinton Grp Inc Inc Inc has invested 0.08% in ANSYS, Inc. (NASDAQ:ANSS). Td Asset Mgmt owns 56,406 shares. Coldstream Capital Mngmt Incorporated has 1,395 shares. 2,582 are owned by Landscape Mgmt Ltd Limited Liability Company. Leavell Inv Incorporated accumulated 3,500 shares. Toronto Dominion Bank & Trust reported 0.02% in ANSYS, Inc. (NASDAQ:ANSS). Federated Pa reported 1,191 shares. Pinebridge Investments Limited Partnership reported 0% stake. California Employees Retirement System stated it has 214,730 shares. Utah Retirement Systems stated it has 15,875 shares or 0.05% of all its holdings. Everence Capital Mgmt Inc accumulated 0.06% or 1,778 shares. Neuberger Berman Gru Ltd Liability Corporation owns 411,380 shares or 0.07% of their US portfolio. Magnetar Financial Limited Liability Corp stated it has 0.03% of its portfolio in ANSYS, Inc. (NASDAQ:ANSS).

More recent ANSYS, Inc. (NASDAQ:ANSS) news were published by: Businesswire.com which released: “ANSYS and PTC to Offer Groundbreaking Integrated Solution for Design at the Speed of Thought” on June 18, 2018. Also Globenewswire.com published the news titled: “ANSYS to Present at Upcoming Investor Conferences” on May 29, 2018. Globenewswire.com‘s news article titled: “Market Trends Toward New Normal in ANSYS, Pearson, Qualys, HB Fuller, Cabot Microelectronics, and Zosano …” with publication date: May 31, 2018 was also an interesting one.

According to the U.S. SEC, a legal form for the sale of 11,900 shares of Transdigm Group Inc by Raymond Laubenthal was filled. Raymond Laubenthal now serves as a director of the Ohio-based Transdigm Group Inc. The public form was filled on 18/06/2018. The insider shares were unloaded at average $341.3 per each share, and have a market value of $4,061,175 USD, making this sale an important one. This sell was pretty significant, so clearly it won’t go unseen. Right now, Raymond Laubenthal holds 13,212 shares or around 0.03% of the Company’s market capitalization (total value of the shares outstanding).

Since January 16, 2018, it had 1 buying transaction, and 18 insider sales for $50.40 million activity. Another trade for 1,347 shares valued at $399,774 was bought by Stein Kevin M. $3.43M worth of stock was sold by Skulina James on Monday, June 11. Jones Roger also sold $1.62M worth of TransDigm Group Incorporated (NYSE:TDG) on Thursday, May 17. 11,900 TransDigm Group Incorporated (NYSE:TDG) shares with value of $3.52 million were sold by Laubenthal Raymond F. Shares for $5.00 million were sold by Henderson Robert S. Reiss Joel had sold 5,400 shares worth $1.73 million. 9,500 shares were sold by Howley W Nicholas, worth $2.80 million.

Analysts await TransDigm Group Incorporated (NYSE:TDG) to report earnings on August, 14. They expect $4.01 EPS, up 25.31% or $0.81 from last year’s $3.2 per share. TDG’s profit will be $210.25 million for 21.14 P/E if the $4.01 EPS becomes a reality. After $3.63 actual EPS reported by TransDigm Group Incorporated for the previous quarter, Wall Street now forecasts 10.47% EPS growth.

The stock decreased 0.24% or $0.8 during the last trading session, reaching $339.11. About 167,754 shares traded. TransDigm Group Incorporated (NYSE:TDG) has risen 35.93% since June 18, 2017 and is uptrending. It has outperformed by 23.36% the S&P500. Some Historical TDG News: ; 19/03/2018 – TRANSDIGM GROUP INC – EXTANT COMPONENTS GROUP IS A PORTFOLIO COMPANY OF WARBURG PINCUS LLC; 19/03/2018 – TransDigm to Buy Aerospace Company Extant Components for $525 Million; 17/05/2018 – TransDigm Favored by 11 Hedge Funds, 13Fs Show; 15/03/2018 – ESTERLINE TECHNOLOGIES CORP – TRANSDIGM HAS COMPLETED ACQUISITION OF KIRKHILL ELASTOMERS BUSINESS FROM ESTERLINE; 30/04/2018 – TRANSDIGM NAMES W. NICHOLAS HOWLEY AS EXECUTIVE CHAIRMAN; 19/03/2018 – TransDigm to Buy Extant From Warburg Pincus for About $525M in Cash; 15/05/2018 – Spo Advisory Buys New 1.7% Position in TransDigm; 30/04/2018 – TransDigm Appoints Mr. Stein and Michele Santana to Its Bd of Directors; 01/05/2018 – TRANSDIGM GROUP REPORTS POTENTIAL FINANCING TRANSACTIONS; 15/03/2018 – ESTERLINE TECHNOLOGIES CORP – DEAL FOR PURCHASE PRICE OF $50 MLN IN CASH

Among 20 analysts covering Transdigm Group Incorporated (NYSE:TDG), 11 have Buy rating, 1 Sell and 8 Hold. Therefore 55% are positive. Transdigm Group Incorporated has $382 highest and $3.25 lowest target. $302.38’s average target is -10.83% below currents $339.11 stock price. Transdigm Group Incorporated had 83 analyst reports since August 4, 2015 according to SRatingsIntel. The company was maintained on Wednesday, April 19 by RBC Capital Markets. The firm has “Market Perform” rating given on Thursday, March 23 by Cowen & Co. The firm earned “Hold” rating on Monday, July 17 by Cowen & Co. The rating was maintained by Jefferies on Wednesday, February 7 with “Hold”. Deutsche Bank maintained it with “Hold” rating and $300 target in Wednesday, August 10 report. The firm has “Sector Perform” rating by RBC Capital Markets given on Wednesday, August 5. The stock of TransDigm Group Incorporated (NYSE:TDG) has “Buy” rating given on Tuesday, June 6 by Jefferies. RBC Capital Markets maintained TransDigm Group Incorporated (NYSE:TDG) on Friday, April 6 with “Buy” rating. The stock of TransDigm Group Incorporated (NYSE:TDG) has “Buy” rating given on Wednesday, August 9 by Canaccord Genuity. On Tuesday, November 15 the stock rating was downgraded by Wellington Shields to “Hold”.

Investors sentiment increased to 1.09 in 2018 Q1. Its up 0.09, from 1 in 2017Q4. It increased, as 21 investors sold TransDigm Group Incorporated shares while 131 reduced holdings. 51 funds opened positions while 115 raised stakes. 54.59 million shares or 2.44% less from 55.96 million shares in 2017Q4 were reported. Bamco Ny has invested 0.56% in TransDigm Group Incorporated (NYSE:TDG). Ibm Retirement Fund holds 0.06% of its portfolio in TransDigm Group Incorporated (NYSE:TDG) for 1,065 shares. Douglass Winthrop Advisors Ltd Company owns 1,933 shares for 0.03% of their portfolio. Skylands Cap Ltd Limited Liability Company holds 0.42% of its portfolio in TransDigm Group Incorporated (NYSE:TDG) for 10,490 shares. 1,241 were reported by Meiji Yasuda Asset Management Ltd. Brown Brothers Harriman And Communication holds 0.71% in TransDigm Group Incorporated (NYSE:TDG) or 398,774 shares. Bancorp Of Montreal Can accumulated 30,888 shares. Farmers & Merchants Investments owns 0% invested in TransDigm Group Incorporated (NYSE:TDG) for 19 shares. Tiger Ltd Liability Company reported 5.64% of its portfolio in TransDigm Group Incorporated (NYSE:TDG). 4.22 million were accumulated by Blackrock Inc. Louisiana State Employees Retirement Systems, Louisiana-based fund reported 3,000 shares. Girard Prtn Ltd holds 0.17% of its portfolio in TransDigm Group Incorporated (NYSE:TDG) for 2,406 shares. Comerica Financial Bank holds 0.13% or 53,521 shares. 14,304 are owned by State Treasurer State Of Michigan. Weitz Invest Management holds 30,540 shares or 0.4% of its portfolio.

TransDigm Group Incorporated (NYSE:TDG) Institutional Positions Chart