TransDigm Group Incorporated (NYSE:TDG) Director Sells $4,825,993.50 in Stock

TransDigm Group Incorporated (NYSE:TDG) Director Robert J. Small sold 3,650 shares of the business’s stock in a transaction that occurred on Friday, February 14th. The shares were sold at an average price of $1,322.19, for a total transaction of $4,825,993.50. Following the sale, the director now owns 15,539 shares of the company’s stock, valued at $20,545,510.41. This trade represents a 19.02 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

TransDigm Group Stock Down 1.1 %

TransDigm Group stock traded down $14.54 during mid-day trading on Tuesday, reaching $1,299.66. 281,041 shares of the company’s stock traded hands, compared to its average volume of 268,438. The company has a market cap of $72.88 billion, a price-to-earnings ratio of 45.84, a PEG ratio of 2.86 and a beta of 1.40. The stock has a 50 day moving average of $1,301.98 and a two-hundred day moving average of $1,318.55. TransDigm Group Incorporated has a 12-month low of $1,136.27 and a 12-month high of $1,451.32.

TransDigm Group (NYSE:TDG) last released its quarterly earnings results on Tuesday, February 4th. The aerospace company reported $7.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.73 by $0.84. The company had revenue of $2.01 billion for the quarter, compared to the consensus estimate of $2.03 billion. TransDigm Group had a net margin of 20.76% and a negative return on equity of 42.87%. TransDigm Group’s revenue was up 12.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $7.16 earnings per share. As a group, sell-side analysts forecast that TransDigm Group Incorporated will post 34.11 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of TDG. First Personal Financial Services bought a new position in TransDigm Group during the third quarter valued at $29,000. Erste Asset Management GmbH bought a new position in TransDigm Group during the third quarter valued at $29,000. Capital Advisors Ltd. LLC increased its position in TransDigm Group by 200.0% during the fourth quarter. Capital Advisors Ltd. LLC now owns 24 shares of the aerospace company’s stock valued at $30,000 after acquiring an additional 16 shares during the last quarter. Trust Co. of Vermont increased its position in TransDigm Group by 150.0% during the fourth quarter. Trust Co. of Vermont now owns 25 shares of the aerospace company’s stock valued at $32,000 after acquiring an additional 15 shares during the last quarter. Finally, Versant Capital Management Inc increased its position in TransDigm Group by 225.0% during the fourth quarter. Versant Capital Management Inc now owns 26 shares of the aerospace company’s stock valued at $33,000 after acquiring an additional 18 shares during the last quarter. Institutional investors own 95.78% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the stock. Barclays reaffirmed an “equal weight” rating and set a $1,500.00 price target on shares of TransDigm Group in a report on Monday, January 6th. Citigroup lifted their price target on shares of TransDigm Group from $1,563.00 to $1,600.00 and gave the company a “buy” rating in a report on Thursday, December 5th. Deutsche Bank Aktiengesellschaft downgraded shares of TransDigm Group from a “buy” rating to a “hold” rating and lowered their price target for the company from $1,444.00 to $1,348.00 in a report on Thursday, January 2nd. StockNews.com raised shares of TransDigm Group from a “hold” rating to a “buy” rating in a report on Wednesday, January 8th. Finally, Wells Fargo & Company raised shares of TransDigm Group from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $1,375.00 to $1,500.00 in a report on Friday, February 7th. Seven analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $1,462.35.

TransDigm Group Company Profile

TransDigm Group Incorporated designs, produces, and supplies aircraft components in the United States and internationally. The 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, batteries and chargers, databus and power controls, sensor products, switches and relay panels, hoists, winches and lifting devices, and cargo loading and handling systems.