Robert J. Small Sells 3,650 Shares of TransDigm Group Incorporated (NYSE:TDG) Stock

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

TransDigm Group Trading Up 3.4 %

NYSE TDG opened at $1,343.48 on Thursday. The company has a market cap of $75.34 billion, a price-to-earnings ratio of 47.39, a PEG ratio of 2.77 and a beta of 1.40. The company has a 50 day moving average of $1,302.74 and a 200-day moving average of $1,319.16. TransDigm Group Incorporated has a 1-year low of $1,136.27 and a 1-year high of $1,451.32.

TransDigm Group (NYSE:TDG) last announced its quarterly earnings data on Tuesday, February 4th. The aerospace company reported $7.57 earnings per share for the quarter, beating the consensus estimate of $6.73 by $0.84. The firm had revenue of $2.01 billion during the quarter, compared to analysts’ expectations of $2.03 billion. TransDigm Group had a negative return on equity of 42.87% and a net margin of 20.76%. The company’s quarterly revenue was up 12.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $7.16 EPS. On average, equities research analysts forecast that TransDigm Group Incorporated will post 35.13 earnings per share for the current year.

Institutional Investors Weigh In On TransDigm Group

Several institutional investors and hedge funds have recently bought and sold shares of TDG. Norges Bank acquired a new position in shares of TransDigm Group in the 4th quarter valued at approximately $973,353,000. Proficio Capital Partners LLC increased its stake in TransDigm Group by 286,247.1% in the fourth quarter. Proficio Capital Partners LLC now owns 730,185 shares of the aerospace company’s stock valued at $925,349,000 after acquiring an additional 729,930 shares during the last quarter. Edgewood Management LLC acquired a new position in TransDigm Group during the fourth quarter valued at approximately $399,595,000. Windacre Partnership LLC lifted its stake in TransDigm Group by 42.7% during the third quarter. Windacre Partnership LLC now owns 728,000 shares of the aerospace company’s stock worth $1,038,951,000 after purchasing an additional 217,700 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in shares of TransDigm Group by 10.4% in the 4th quarter. JPMorgan Chase & Co. now owns 2,204,649 shares of the aerospace company’s stock valued at $2,793,908,000 after purchasing an additional 206,822 shares in the last quarter. Institutional investors own 95.78% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently weighed in on TDG shares. Deutsche Bank Aktiengesellschaft lowered shares of TransDigm Group from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $1,444.00 to $1,348.00 in a research note on Thursday, January 2nd. Citigroup upped their price objective on TransDigm Group from $1,563.00 to $1,600.00 and gave the company a “buy” rating in a research note on Thursday, December 5th. Wells Fargo & Company upgraded TransDigm Group from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $1,375.00 to $1,500.00 in a research note on Friday, February 7th. StockNews.com upgraded TransDigm Group from a “hold” rating to a “buy” rating in a research note on Wednesday, January 8th. Finally, KeyCorp lifted their price objective on shares of TransDigm Group from $1,440.00 to $1,500.00 and gave the stock an “overweight” rating in a research report on Thursday, October 24th. Seven investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average 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.