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CIBC boosts TransDigm holdings as the aircraft components firm's stock soars 105.9% in Q4.
CIBC Private Wealth Group LLC increased its holdings in TransDigm Group Incorporated by 15.5% to 200,469 shares during the fourth quarter.
TransDigm's stock rose by 105.9% in the same period, with 95.78% of its shares held by institutional investors.
The company reported earnings per share of $7.57, exceeding analyst estimates by $0.84, and a quarterly revenue of $2.01 billion.
TransDigm designs and supplies aircraft components and has a market cap of $77.24 billion.
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CIBC aumenta las tenencias de TransDigm a medida que las acciones de la empresa de componentes de aeronaves se elevan 105,9% en el cuarto trimestre.