W Nicholas Howley Sells 5,472 Shares of TransDigm Group Incorporated (NYSE:TDG) Stock

TransDigm Group Incorporated (NYSE:TDG) Director W Nicholas Howley sold 5,472 shares of the stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $1,376.42, for a total transaction of $7,531,770.24. Following the completion of the sale, the director now owns 21,548 shares in the company, valued at $29,659,098.16. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

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

• On Monday, July 15th, W Nicholas Howley sold 5,073 shares of TransDigm Group stock. The shares were sold at an average price of $1,242.30, for a total transaction of $6,302,187.90.

TransDigm Group Trading Down 0.1 %

Shares of TransDigm Group stock traded down $1.75 during trading hours on Wednesday, reaching $1,373.70. 130,001 shares of the company’s stock were exchanged, compared to its average volume of 219,920. The stock has a market cap of $76.87 billion, a P/E ratio of 54.49, a P/E/G ratio of 2.12 and a beta of 1.42. The company has a 50 day moving average of $1,286.00 and a two-hundred day moving average of $1,271.82. TransDigm Group Incorporated has a fifty-two week low of $802.46 and a fifty-two week high of $1,396.13.

TransDigm Group (NYSE:TDG) last posted its quarterly earnings results on Tuesday, August 6th. The aerospace company reported $9.00 earnings per share for the quarter, beating analysts’ consensus estimates of $7.77 by $1.23. TransDigm Group had a negative return on equity of 66.70% and a net margin of 21.83%. The firm had revenue of $2.05 billion during the quarter, compared to the consensus estimate of $2.01 billion. During the same period last year, the company earned $6.55 earnings per share. The business’s revenue was up 17.3% compared to the same quarter last year. As a group, analysts expect that TransDigm Group Incorporated will post 30.69 earnings per share for the current fiscal year.

Institutional Investors Weigh In On TransDigm Group

A number of institutional investors and hedge funds have recently modified their holdings of TDG. Great Lakes Advisors LLC increased its position in TransDigm Group by 49.3% during the fourth quarter. Great Lakes Advisors LLC now owns 1,892 shares of the aerospace company’s stock worth $1,914,000 after buying an additional 625 shares during the last quarter. Brown Advisory Inc. increased its holdings in shares of TransDigm Group by 1.4% during the 4th quarter. Brown Advisory Inc. now owns 16,344 shares of the aerospace company’s stock worth $16,534,000 after acquiring an additional 230 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S increased its holdings in shares of TransDigm Group by 19.9% during the 4th quarter. BI Asset Management Fondsmaeglerselskab A S now owns 1,969 shares of the aerospace company’s stock worth $1,992,000 after acquiring an additional 327 shares during the last quarter. UBS Group AG lifted its holdings in TransDigm Group by 9.4% during the 4th quarter. UBS Group AG now owns 36,433 shares of the aerospace company’s stock valued at $36,856,000 after purchasing an additional 3,120 shares during the last quarter. Finally, Coldstream Capital Management Inc. boosted its position in TransDigm Group by 1.6% during the fourth quarter. Coldstream Capital Management Inc. now owns 570 shares of the aerospace company’s stock worth $577,000 after purchasing an additional 9 shares during the period. 95.78% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on TDG shares. UBS Group decreased their price target on shares of TransDigm Group from $1,466.00 to $1,423.00 and set a “neutral” rating for the company in a report on Wednesday, August 7th. Jefferies Financial Group decreased their target price on TransDigm Group from $1,625.00 to $1,515.00 and set a “buy” rating for the company in a research note on Tuesday, August 13th. Susquehanna raised their price target on TransDigm Group from $1,200.00 to $1,250.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 7th. JPMorgan Chase & Co. boosted their price objective on TransDigm Group from $1,350.00 to $1,435.00 and gave the company a “neutral” rating in a research report on Wednesday, September 4th. Finally, Northcoast Research started coverage on TransDigm Group in a research note on Thursday, August 1st. They set a “neutral” rating for the company. Eight investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. According to data from MarketBeat, TransDigm Group has a consensus rating of “Moderate Buy” and an average price target of $1,438.24.

About TransDigm Group

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.