Joel Reiss Sells 3,900 Shares of Transdigm Group (NYSE:TDG) Stock

Transdigm Group Incorporated (NYSE:TDG) COO Joel Reiss sold 3,900 shares of the firm’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $1,154.09, for a total transaction of $4,500,951.00. Following the sale, the chief operating officer directly owned 3,600 shares in the company, valued at approximately $4,154,724. The trade was a 52.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

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

• On Wednesday, April 15th, Joel Reiss sold 3,900 shares of Transdigm Group stock. The stock was sold at an average price of $1,280.46, for a total transaction of $4,993,794.00.
• On Monday, March 16th, Joel Reiss sold 3,900 shares of Transdigm Group stock. The stock was sold at an average price of $1,243.70, for a total transaction of $4,850,430.00.

Transdigm Group Stock Down 0.3%

Shares of NYSE:TDG opened at $1,178.86 on Wednesday. The firm’s 50 day moving average price is $1,198.52 and its 200-day moving average price is $1,287.59. Transdigm Group Incorporated has a twelve month low of $1,123.61 and a twelve month high of $1,623.82. The stock has a market capitalization of $65.93 billion, a PE ratio of 36.79, a price-to-earnings-growth ratio of 2.07 and a beta of 0.90.

Transdigm Group (NYSE:TDG) last issued its quarterly earnings data on Tuesday, May 5th. The aerospace company reported $9.85 earnings per share for the quarter, topping the consensus estimate of $9.46 by $0.39. Transdigm Group had a net margin of 20.24% and a negative return on equity of 26.49%. The firm had revenue of $2.54 billion for the quarter, compared to analysts’ expectations of $2.47 billion. During the same quarter in the prior year, the business earned $9.11 EPS. The business’s quarterly revenue was up 18.3% on a year-over-year basis. Transdigm Group has set its FY 2026 guidance at 38.830-40.210 EPS. Analysts expect that Transdigm Group Incorporated will post 37.82 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Transdigm Group

A number of large investors have recently added to or reduced their stakes in TDG. Ares Financial Consulting LLC acquired a new position in shares of Transdigm Group during the fourth quarter valued at about $25,000. Elyxium Wealth LLC purchased a new stake in Transdigm Group in the fourth quarter valued at approximately $25,000. MCF Advisors LLC boosted its position in 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. Transamerica Financial Advisors LLC boosted 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 worth $27,000 after purchasing an additional 19 shares in the last quarter. Finally, Colonial Trust Co SC boosted its position in Transdigm Group by 162.5% in the 4th quarter. Colonial Trust Co SC now owns 21 shares of the aerospace company’s stock worth $29,000 after purchasing an additional 13 shares in the last quarter. 95.78% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on TDG. Wells Fargo & Company began coverage on shares of Transdigm Group in a research report on Wednesday, April 1st. They set an “equal weight” rating and a $1,200.00 price objective on the stock. Robert W. Baird reissued a “neutral” rating and issued a $1,400.00 target price on shares of Transdigm Group in a report on Wednesday, February 4th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Transdigm Group from $1,306.00 to $1,350.00 and gave the stock a “hold” rating in a research note on Wednesday, May 6th. BMO Capital Markets dropped their price objective on shares of Transdigm Group from $1,550.00 to $1,450.00 and set an “outperform” rating for the company in a research note on Tuesday, March 31st. Finally, BNP Paribas Exane lowered their target price on shares of Transdigm Group from $1,800.00 to $1,750.00 and set an “outperform” rating for the company in a research note on Thursday, May 14th. Ten investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Transdigm Group has a consensus rating of “Moderate Buy” and a consensus price target of $1,524.18.

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.