TransDigm Group Incorporated (NYSE:TDG – Get Free Report) Director W Nicholas Howley sold 5,073 shares of TransDigm Group stock in a transaction dated Monday, July 15th. The stock was sold at an average price of $1,242.30, for a total transaction of $6,302,187.90. Following the sale, the director now directly owns 21,548 shares of the company’s stock, valued at approximately $26,769,080.40. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
W Nicholas Howley also recently made the following trade(s):
- On Thursday, May 9th, W Nicholas Howley sold 197 shares of TransDigm Group stock. The stock was sold at an average price of $1,318.14, for a total transaction of $259,673.58.
TransDigm Group Price Performance
TDG stock opened at $1,247.60 on Friday. The stock has a market cap of $69.82 billion, a price-to-earnings ratio of 49.49, a P/E/G ratio of 2.15 and a beta of 1.38. The company has a 50 day simple moving average of $1,302.37 and a 200 day simple moving average of $1,210.11. TransDigm Group Incorporated has a 1 year low of $802.46 and a 1 year high of $1,369.57.
Hedge Funds Weigh In On TransDigm Group
Large investors have recently bought and sold shares of the company. Compagnie Lombard Odier SCmA acquired a new position in shares of TransDigm Group in the fourth quarter valued at approximately $25,000. Oakworth Capital Inc. acquired a new position in TransDigm Group in the 4th quarter valued at approximately $26,000. Fortitude Family Office LLC increased its position in TransDigm Group by 283.3% in the 2nd quarter. Fortitude Family Office LLC now owns 23 shares of the aerospace company’s stock valued at $29,000 after acquiring an additional 17 shares during the period. ORG Partners LLC bought a new position in shares of TransDigm Group during the first quarter valued at $30,000. Finally, VisionPoint Advisory Group LLC acquired a new position in shares of TransDigm Group during the fourth quarter worth $37,000. 95.78% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
A number of equities analysts have recently weighed in on TDG shares. Bank of America increased their target price on TransDigm Group from $1,310.00 to $1,460.00 and gave the stock a “buy” rating in a research note on Wednesday, May 29th. Truist Financial lifted their target price on TransDigm Group from $1,425.00 to $1,483.00 and gave the stock a “buy” rating in a report on Wednesday. The Goldman Sachs Group upped their price target on shares of TransDigm Group from $1,285.00 to $1,518.00 and gave the company a “buy” rating in a research note on Tuesday, April 16th. JPMorgan Chase & Co. lifted their price objective on shares of TransDigm Group from $1,050.00 to $1,175.00 and gave the stock a “neutral” rating in a research note on Wednesday, March 27th. Finally, KeyCorp boosted their price target on TransDigm Group from $1,325.00 to $1,440.00 and gave the company an “overweight” rating in a research note on Tuesday, May 28th. Six analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,417.69.
Check Out Our Latest Stock Report on TransDigm Group
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.
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