Transdigm Group Incorporated (NYSE:TDG – Get Free Report) Director W Nicholas Howley sold 10,132 shares of the firm’s stock in a transaction that occurred on Monday, July 20th. The stock was sold at an average price of $1,216.08, for a total transaction of $12,321,322.56. Following the transaction, the director owned 21,548 shares of the company’s stock, valued at approximately $26,204,091.84. The trade was a 31.98% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.
W Nicholas Howley also recently made the following trade(s):
- On Thursday, June 18th, W Nicholas Howley sold 10,132 shares of Transdigm Group stock. The shares were sold at an average price of $1,319.55, for a total transaction of $13,369,680.60.
- On Monday, May 18th, W Nicholas Howley sold 10,132 shares of Transdigm Group stock. The stock was sold at an average price of $1,180.82, for a total transaction of $11,964,068.24.
Transdigm Group Price Performance
NYSE TDG traded up $20.57 during mid-day trading on Tuesday, reaching $1,306.84. 59,661 shares of the stock were exchanged, compared to its average volume of 387,975. Transdigm Group Incorporated has a one year low of $1,123.61 and a one year high of $1,623.82. The stock has a 50 day simple moving average of $1,263.69 and a 200-day simple moving average of $1,268.76. The stock has a market cap of $73.10 billion, a P/E ratio of 40.76, a P/E/G ratio of 2.18 and a beta of 0.90.
Analyst Ratings Changes
Several equities research analysts recently commented on TDG shares. UBS Group cut their target price on Transdigm Group from $1,745.00 to $1,645.00 and set a “buy” rating on the stock in a research report on Wednesday, May 6th. Deutsche Bank Aktiengesellschaft boosted their price target on Transdigm Group from $1,306.00 to $1,350.00 and gave the company a “hold” rating in a research note on Wednesday, May 6th. Susquehanna lowered their price objective on shares of Transdigm Group from $1,400.00 to $1,350.00 and set a “neutral” rating for the company in a research note on Wednesday, May 6th. BNP Paribas Exane dropped their target price on shares of Transdigm Group from $1,800.00 to $1,750.00 and set an “outperform” rating on the stock in a research report on Thursday, May 14th. Finally, TD Cowen cut their target price on shares of Transdigm Group from $1,565.00 to $1,450.00 and set a “buy” rating on the stock in a research note on Wednesday, April 8th. Seven investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $1,477.47.
Get Our Latest Stock Report on Transdigm Group
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Ares Financial Consulting LLC acquired a new stake in Transdigm Group in the fourth quarter valued at approximately $25,000. Elyxium Wealth LLC acquired a new position in shares of Transdigm Group during the fourth quarter worth approximately $25,000. Burkett Financial Services LLC bought a new position in shares of Transdigm Group in the 2nd quarter worth $25,000. MCF Advisors LLC lifted its holdings in shares of Transdigm Group by 900.0% in the 4th quarter. MCF Advisors LLC now owns 20 shares of the aerospace company’s stock worth $27,000 after purchasing an additional 18 shares in the last quarter. Finally, Transamerica Financial Advisors LLC grew its position in Transdigm Group by 1,900.0% in the 4th quarter. Transamerica Financial Advisors LLC now owns 20 shares of the aerospace company’s stock valued at $27,000 after purchasing an additional 19 shares during the period. Institutional investors own 95.78% of the company’s stock.
Transdigm Group Company Profile
TransDigm Group Incorporated is a designer, producer and supplier of engineered aircraft components and systems for commercial and military aerospace applications. The company’s product portfolio covers a broad range of mission-critical parts and subsystems, including mechanical and electromechanical components, ignition and fuel system parts, sensors and actuators, cockpit and cabin systems, and other safety-critical hardware. TransDigm supplies original equipment manufacturers (OEMs) as well as the aftermarket, providing spare parts, repair and overhaul services and component support throughout an asset’s life cycle.
TransDigm’s operating model places emphasis on proprietary, niche components that are difficult to replace, and the company operates through a collection of independently run subsidiaries and brands that sell specialized products.
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