Robert J. Small Sells 20,000 Shares of TransDigm Group Incorporated (NYSE:TDG) Stock

TransDigm Group Incorporated (NYSE:TDG) Director Robert J. Small sold 20,000 shares of the business’s stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $1,340.20, for a total value of $26,804,000.00. Following the sale, the director now owns 95,356 shares in the company, valued at approximately $127,796,111.20. The trade was a 17.34 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

TransDigm Group Stock Down 0.4 %

TDG stock traded down $5.82 on Monday, reaching $1,335.77. 325,693 shares of the company’s stock were exchanged, compared to its average volume of 259,644. TransDigm Group Incorporated has a twelve month low of $1,136.27 and a twelve month high of $1,451.32. The stock has a fifty day moving average of $1,321.06 and a 200-day moving average of $1,327.03. The firm has a market cap of $74.92 billion, a PE ratio of 47.12, a P/E/G ratio of 2.76 and a beta of 1.38.

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

Analyst Upgrades and Downgrades

A number of brokerages recently commented on TDG. Citigroup upped their target price on TransDigm Group from $1,563.00 to $1,600.00 and gave the company a “buy” rating in a research report on Thursday, December 5th. Truist Financial upped their price objective on shares of TransDigm Group from $1,482.00 to $1,534.00 and gave the company a “buy” rating in a report on Tuesday, January 14th. Wells Fargo & Company raised shares of TransDigm Group from an “equal weight” rating to an “overweight” rating and raised their target price for the stock from $1,375.00 to $1,500.00 in a report on Friday, February 7th. UBS Group raised shares of TransDigm Group from a “neutral” rating to a “buy” rating and set a $1,595.00 price target on the stock in a report on Monday, February 24th. Finally, Barclays reaffirmed an “equal weight” rating and set a $1,500.00 price target on shares of TransDigm Group in a research report on Monday, January 6th. Six equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. According to data from MarketBeat.com, TransDigm Group currently has a consensus rating of “Moderate Buy” and an average target price of $1,472.47.

Institutional Investors Weigh In On TransDigm Group

Several institutional investors have recently modified their holdings of TDG. Verdence Capital Advisors LLC raised its holdings in TransDigm Group by 3.2% during the third quarter. Verdence Capital Advisors LLC now owns 618 shares of the aerospace company’s stock worth $881,000 after purchasing an additional 19 shares during the last quarter. Assetmark Inc. increased its position in shares of TransDigm Group by 3.7% in the third quarter. Assetmark Inc. now owns 6,194 shares of the aerospace company’s stock valued at $8,839,000 after buying an additional 220 shares in the last quarter. Lindbrook Capital LLC raised its stake in shares of TransDigm Group by 37.7% during the 3rd quarter. Lindbrook Capital LLC now owns 223 shares of the aerospace company’s stock worth $318,000 after buying an additional 61 shares during the last quarter. First Personal Financial Services purchased a new stake in shares of TransDigm Group in the 3rd quarter worth about $29,000. Finally, Sustainable Insight Capital Management LLC increased its holdings in TransDigm Group by 26.5% during the 3rd quarter. Sustainable Insight Capital Management LLC now owns 2,623 shares of the aerospace company’s stock valued at $3,743,000 after acquiring an additional 549 shares in the last quarter. Hedge funds and other institutional investors own 95.78% of the company’s stock.

About TransDigm Group

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.