Transdigm Group Incorporated (NYSE:TDG – Get Free Report) Director W Nicholas Howley sold 10,132 shares of the stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $1,236.28, for a total transaction of $12,525,988.96. Following the completion of the transaction, the director directly owned 21,548 shares of the company’s stock, valued at approximately $26,639,361.44. The trade was a 31.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
W Nicholas Howley also recently made the following trade(s):
- On Monday, July 20th, W Nicholas Howley sold 10,132 shares of Transdigm Group stock. The stock was sold at an average price of $1,216.08, for a total transaction of $12,321,322.56.
- 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 value of $13,369,680.60.
Transdigm Group Price Performance
Shares of TDG stock traded down $11.54 during trading on Wednesday, hitting $1,222.24. 254,125 shares of the stock traded hands, compared to its average volume of 396,798. Transdigm Group Incorporated has a 52-week low of $1,123.61 and a 52-week high of $1,463.03. The firm’s fifty day moving average price is $1,272.09 and its 200-day moving average price is $1,250.15. The firm has a market capitalization of $68.36 billion, a P/E ratio of 37.08, a price-to-earnings-growth ratio of 2.10 and a beta of 0.91.
Analysts Set New Price Targets
Several brokerages have weighed in on TDG. Royal Bank Of Canada dropped their price objective on Transdigm Group from $1,400.00 to $1,350.00 and set a “sector perform” rating on the stock in a research note on Wednesday, May 6th. BMO Capital Markets boosted their price target on Transdigm Group from $1,450.00 to $1,525.00 and gave the company an “outperform” rating in a report on Thursday, July 2nd. UBS Group raised their target price on Transdigm Group from $1,585.00 to $1,695.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. Wall Street Zen lowered Transdigm Group from a “buy” rating to a “hold” rating in a research report on Monday, July 20th. Finally, Jefferies Financial Group increased their price objective on Transdigm Group from $1,565.00 to $1,575.00 in a research report on Monday, May 11th. Six analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $1,463.71.
Get Our Latest Research Report on TDG
Hedge Funds Weigh In On Transdigm Group
A number of hedge funds have recently bought and sold shares of the business. Ares Financial Consulting LLC purchased a new position in Transdigm Group in the fourth quarter worth about $25,000. Elyxium Wealth LLC acquired a new position in Transdigm Group during the fourth quarter worth $25,000. Burkett Financial Services LLC acquired a new position in Transdigm Group in the second quarter valued at approximately $25,000. MCF Advisors LLC raised its holdings in Transdigm Group by 900.0% during the fourth 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 raised its holdings in shares of Transdigm Group by 1,900.0% in the fourth quarter. Transamerica Financial Advisors LLC now owns 20 shares of the aerospace company’s stock worth $27,000 after acquiring an additional 19 shares during the last quarter. Hedge funds and other institutional investors own 95.78% of the company’s stock.
About Transdigm Group
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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