Transdigm Group (NYSE:TDG) COO Joel Reiss Sells 4,100 Shares of Company Stock

Transdigm Group Incorporated (NYSE:TDG) COO Joel Reiss sold 4,100 shares of the stock in a transaction dated Thursday, October 15th. The shares were sold at an average price of $1,128.04, for a total transaction of $4,624,964.00. Following the sale, the chief operating officer directly owned 3,600 shares of the company’s stock, valued at approximately $4,060,944. The trade was a 53.25% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Joel Reiss also recently made the following trade(s):

• On Tuesday, September 15th, Joel Reiss sold 3,900 shares of Transdigm Group stock. The stock was sold at an average price of $1,094.58, for a total transaction of $4,268,862.00.
• On Monday, August 17th, Joel Reiss sold 3,900 shares of Transdigm Group stock. The stock was sold at an average price of $1,238.76, for a total value of $4,831,164.00.

Transdigm Group Stock Performance

NYSE:TDG traded up $4.41 during mid-day trading on Friday, hitting $1,138.65. 395,827 shares of the company’s stock traded hands, compared to its average volume of 373,198. The company has a fifty day moving average of $1,146.42 and a 200 day moving average of $1,206.84. Transdigm Group Incorporated has a twelve month low of $1,071.25 and a twelve month high of $1,463.03. The company has a market capitalization of $63.68 billion, a P/E ratio of 34.55, a P/E/G ratio of 1.61 and a beta of 0.96.

Transdigm Group (NYSE:TDG) last issued its quarterly earnings results on Tuesday, August 4th. The aerospace company reported $10.87 earnings per share for the quarter, topping the consensus estimate of $10.30 by $0.57. Transdigm Group had a negative return on equity of 23.65% and a net margin of 19.69%. The business had revenue of $2.74 billion during the quarter, compared to the consensus estimate of $2.68 billion. During the same quarter last year, the company earned $9.60 earnings per share. The company’s quarterly revenue was up 22.5% on a year-over-year basis. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. On average, research analysts expect that Transdigm Group Incorporated will post 38.88 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on TDG. TD Cowen cut their price target on Transdigm Group from $1,450.00 to $1,300.00 and set a “buy” rating on the stock in a research report on Friday, October 9th. Stifel Nicolaus reissued a “hold” rating and issued a $1,405.00 price objective (down from $1,525.00) on shares of Transdigm Group in a report on Wednesday, August 5th. JPMorgan Chase & Co. lowered their target price on Transdigm Group from $1,450.00 to $1,415.00 and set a “neutral” rating on the stock in a research note on Thursday, September 17th. Wall Street Zen downgraded Transdigm Group from a “buy” rating to a “hold” rating in a research note on Monday, July 20th. Finally, Guggenheim initiated coverage on Transdigm Group in a report on Tuesday, September 15th. They set a “neutral” rating on the stock. Five equities research analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $1,431.40.

Hedge Funds Weigh In On Transdigm Group

A number of hedge funds have recently bought and sold shares of TDG. Burkett Financial Services LLC acquired a new position in shares of Transdigm Group during the 2nd quarter worth approximately $25,000. Meeder Asset Management Inc. acquired a new stake in Transdigm Group in the 2nd quarter valued at $31,000. Trust Co. of Vermont purchased a new stake in Transdigm Group in the 2nd quarter worth $33,000. MV Capital Management Inc. purchased a new stake in Transdigm Group in the 4th quarter worth $35,000. Finally, Western Wealth Management LLC purchased a new stake in Transdigm Group in the 1st quarter worth $30,000. Hedge funds and other institutional investors own 95.78% of the company’s stock.

About Transdigm Group

TransDigm Group Incorporated is an aerospace manufacturing company that designs, produces and supplies highly engineered aircraft components, systems and related products. Its offerings include engine and airframe components, ignition systems, pumps, valves, cockpit and cabin equipment, data and control systems, and other specialized products used on commercial, business, general aviation and military aircraft.

The company serves both original equipment manufacturers and the aftermarket.