Robert J. Small Sells 12,500 Shares of TransDigm Group Incorporated (NYSE:TDG) Stock

TransDigm Group Incorporated (NYSE:TDG) Director Robert J. Small sold 12,500 shares of the company’s stock in a transaction that occurred on Monday, June 10th. The shares were sold at an average price of $1,312.09, for a total transaction of $16,401,125.00. Following the completion of the transaction, the director now owns 108,712 shares in the company, valued at approximately $142,639,928.08. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

TransDigm Group Stock Performance

NYSE TDG opened at $1,322.13 on Thursday. The stock has a 50-day simple moving average of $1,280.58 and a 200 day simple moving average of $1,156.82. TransDigm Group Incorporated has a twelve month low of $799.63 and a twelve month high of $1,369.57. The stock has a market capitalization of $73.99 billion, a PE ratio of 52.44, a P/E/G ratio of 2.22 and a beta of 1.39.

TransDigm Group (NYSE:TDG) last issued its quarterly earnings results on Tuesday, May 7th. The aerospace company reported $7.99 EPS for the quarter, topping analysts’ consensus estimates of $7.42 by $0.57. The company had revenue of $1.92 billion during the quarter, compared to analyst estimates of $1.88 billion. TransDigm Group had a negative return on equity of 63.35% and a net margin of 21.22%. The company’s quarterly revenue was up 20.5% compared to the same quarter last year. During the same period in the previous year, the company earned $5.39 earnings per share. As a group, equities research analysts forecast that TransDigm Group Incorporated will post 29.99 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on TDG shares. JPMorgan Chase & Co. increased their price objective on TransDigm Group from $1,050.00 to $1,175.00 and gave the stock a “neutral” rating in a report on Wednesday, March 27th. Citigroup boosted their price target on TransDigm Group from $1,380.00 to $1,395.00 and gave the company a “buy” rating in a research note on Thursday, April 4th. Truist Financial raised their price objective on shares of TransDigm Group from $1,267.00 to $1,425.00 and gave the company a “buy” rating in a research report on Wednesday, May 8th. TD Cowen boosted their target price on shares of TransDigm Group from $1,300.00 to $1,400.00 and gave the stock a “buy” rating in a research report on Wednesday, May 8th. Finally, Susquehanna raised their price target on shares of TransDigm Group from $1,100.00 to $1,200.00 and gave the company a “neutral” rating in a report on Wednesday, May 8th. Six analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $1,371.19.

Institutional Trading of TransDigm Group

Hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. raised its position in shares of TransDigm Group by 1.0% during the first quarter. Vanguard Group Inc. now owns 6,047,083 shares of the aerospace company’s stock valued at $7,447,587,000 after buying an additional 58,243 shares during the last quarter. Capital World Investors raised its holdings in TransDigm Group by 14.3% in the 1st quarter. Capital World Investors now owns 3,535,539 shares of the aerospace company’s stock valued at $4,354,369,000 after acquiring an additional 442,182 shares in the last quarter. Capital Research Global Investors lifted its position in shares of TransDigm Group by 1.6% in the 1st quarter. Capital Research Global Investors now owns 1,965,640 shares of the aerospace company’s stock worth $2,420,882,000 after acquiring an additional 30,393 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of TransDigm Group by 13.1% during the 1st quarter. JPMorgan Chase & Co. now owns 1,669,460 shares of the aerospace company’s stock worth $2,056,109,000 after purchasing an additional 192,962 shares in the last quarter. Finally, FMR LLC increased its position in shares of TransDigm Group by 9.0% during the third quarter. FMR LLC now owns 1,651,413 shares of the aerospace company’s stock valued at $1,392,355,000 after purchasing an additional 136,834 shares during the period. 95.78% of the stock is owned by institutional investors.

TransDigm Group Company Profile

TransDigm Group Incorporated designs, produces, and supplies aircraft components in the United States and internationally. 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, batteries and chargers, databus and power controls, sensor products, switches and relay panels, hoists, winches and lifting devices, and cargo loading and handling systems.