TransDigm Group Incorporated (NYSE:TDG) Chairman Sells $8,906,392.88 in Stock

TransDigm Group Incorporated (NYSE:TDG) Chairman W Nicholas Howley sold 17,083 shares of the stock in a transaction that occurred on Monday, September 9th. The shares were sold at an average price of $521.36, for a total value of $8,906,392.88. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

W Nicholas Howley also recently made the following trade(s):

  • On Friday, August 9th, W Nicholas Howley sold 17,083 shares of TransDigm Group stock. The stock was sold at an average price of $547.65, for a total value of $9,355,504.95.
  • On Tuesday, July 9th, W Nicholas Howley sold 17,083 shares of TransDigm Group stock. The stock was sold at an average price of $480.46, for a total value of $8,207,698.18.

Shares of NYSE TDG opened at $519.82 on Friday. TransDigm Group Incorporated has a 1-year low of $307.36 and a 1-year high of $555.27. The business’s fifty day moving average price is $519.62 and its two-hundred day moving average price is $478.53. The firm has a market capitalization of $26.75 billion, a PE ratio of 30.60, a P/E/G ratio of 2.35 and a beta of 0.97.



TransDigm Group (NYSE:TDG) last issued its earnings results on Tuesday, August 6th. The aerospace company reported $4.95 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $4.01 by $0.94. TransDigm Group had a negative return on equity of 59.21% and a net margin of 15.26%. The firm had revenue of $1.66 billion for the quarter, compared to analyst estimates of $1.58 billion. During the same period last year, the company earned $3.59 earnings per share. The firm’s revenue for the quarter was up 69.1% on a year-over-year basis. On average, equities research analysts predict that TransDigm Group Incorporated will post 16.92 earnings per share for the current year.

The business also recently announced a dividend, which was paid on Friday, August 23rd. Shareholders of record on Friday, August 16th were given a $30.00 dividend. The ex-dividend date of this dividend was Thursday, August 15th.

TDG has been the topic of several research analyst reports. UBS Group raised their price objective on TransDigm Group to $605.00 and gave the stock a “buy” rating in a research note on Wednesday, August 7th. Cowen restated a “buy” rating and set a $520.00 price objective on shares of TransDigm Group in a research note on Tuesday, August 6th. Morgan Stanley raised their price objective on TransDigm Group from $520.00 to $570.00 and gave the stock an “equal weight” rating in a research note on Wednesday, August 14th. Barclays set a $610.00 price objective on TransDigm Group and gave the stock a “buy” rating in a research note on Friday, August 9th. Finally, Jefferies Financial Group raised their price objective on TransDigm Group from $480.00 to $550.00 and gave the stock a “hold” rating in a research note on Thursday, August 15th. One analyst has rated the stock with a sell rating, four have given a hold rating and nine have issued a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $540.42.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Raymond James Financial Services Advisors Inc. increased its position in TransDigm Group by 2.5% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 1,125 shares of the aerospace company’s stock worth $511,000 after buying an additional 27 shares during the period. Commonwealth Bank of Australia increased its holdings in shares of TransDigm Group by 65.9% during the second quarter. Commonwealth Bank of Australia now owns 73 shares of the aerospace company’s stock valued at $34,000 after purchasing an additional 29 shares during the period. Raymond James Trust N.A. increased its holdings in shares of TransDigm Group by 2.4% during the second quarter. Raymond James Trust N.A. now owns 1,679 shares of the aerospace company’s stock valued at $812,000 after purchasing an additional 40 shares during the period. First Republic Investment Management Inc. increased its holdings in shares of TransDigm Group by 6.4% during the second quarter. First Republic Investment Management Inc. now owns 662 shares of the aerospace company’s stock valued at $320,000 after purchasing an additional 40 shares during the period. Finally, Hartford Investment Management Co. increased its holdings in shares of TransDigm Group by 0.8% during the second quarter. Hartford Investment Management Co. now owns 5,358 shares of the aerospace company’s stock valued at $2,592,000 after purchasing an additional 43 shares during the period. 99.64% of the stock is currently owned by hedge funds and other institutional investors.

TransDigm Group Company Profile

TransDigm Group Incorporated designs, produces, and supplies aircraft components in the United States and internationally. The company operates in three segments: Power & Control, Airframe, and Non-aviation. 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, databus and power controls, hoists, winches and lifting devices, and cargo loading and handling systems.

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Insider Buying and Selling by Quarter for TransDigm Group (NYSE:TDG)

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