Insider Selling: TransDigm Group Incorporated (NYSE:TDG) COO Sells 3,300 Shares of Stock

TransDigm Group Incorporated (NYSE:TDG) COO Joel Reiss sold 3,300 shares of the company’s stock in a transaction on Monday, April 21st. The shares were sold at an average price of $1,321.80, for a total value of $4,361,940.00. Following the completion of the sale, the chief operating officer now directly owns 3,600 shares in the company, valued at $4,758,480. This trade represents a 47.83 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

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

• On Thursday, March 20th, Joel Reiss sold 3,000 shares of TransDigm Group stock. The shares were sold at an average price of $1,360.04, for a total transaction of $4,080,120.00.
• On Thursday, February 20th, Joel Reiss sold 3,000 shares of TransDigm Group stock. The shares were sold at an average price of $1,323.02, for a total transaction of $3,969,060.00.
• On Tuesday, January 21st, Joel Reiss sold 3,000 shares of TransDigm Group stock. The shares were sold at an average price of $1,359.06, for a total value of $4,077,180.00.

TransDigm Group Stock Performance

Shares of TransDigm Group stock traded down $30.41 during trading on Monday, hitting $1,307.25. 234,388 shares of the stock traded hands, compared to its average volume of 253,817. The stock has a market cap of $73.32 billion, a P/E ratio of 46.11, a PEG ratio of 2.76 and a beta of 1.08. The company has a fifty day moving average price of $1,336.96 and a two-hundred day moving average price of $1,320.52. TransDigm Group Incorporated has a twelve month low of $1,176.31 and a twelve month high of $1,451.32.

TransDigm Group (NYSE:TDG) last posted its quarterly earnings results on Tuesday, February 4th. The aerospace company reported $7.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.73 by $0.84. The company had revenue of $2.01 billion for the quarter, compared to analyst estimates of $2.03 billion. TransDigm Group had a net margin of 20.76% and a negative return on equity of 42.87%. The business’s quarterly revenue was up 12.1% on a year-over-year basis. During the same period last year, the business posted $7.16 EPS. On average, equities research analysts expect that TransDigm Group Incorporated will post 35.13 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Bruce G. Allen Investments LLC lifted its stake in TransDigm Group by 111.1% in the first quarter. Bruce G. Allen Investments LLC now owns 19 shares of the aerospace company’s stock valued at $26,000 after buying an additional 10 shares in the last quarter. Capital Advisors Ltd. LLC lifted its stake in TransDigm Group by 200.0% in the 4th quarter. Capital Advisors Ltd. LLC now owns 24 shares of the aerospace company’s stock valued at $30,000 after purchasing an additional 16 shares during the last quarter. Trust Co. of Vermont lifted its holdings in TransDigm Group by 150.0% during the 4th quarter. Trust Co. of Vermont now owns 25 shares of the aerospace company’s stock valued at $32,000 after purchasing an additional 15 shares during the last quarter. Park Square Financial Group LLC bought a new position in TransDigm Group in the 4th quarter valued at about $32,000. Finally, Versant Capital Management Inc grew its holdings in TransDigm Group by 225.0% in the 4th quarter. Versant Capital Management Inc now owns 26 shares of the aerospace company’s stock valued at $33,000 after buying an additional 18 shares in the last quarter. 95.78% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have issued reports on TDG. Barclays restated an “equal weight” rating and issued a $1,500.00 target price on shares of TransDigm Group in a report on Monday, January 6th. Wells Fargo & Company decreased their price target on TransDigm Group from $1,410.00 to $1,375.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 15th. Northcoast Research upgraded shares of TransDigm Group from a “neutral” rating to a “buy” rating and set a $1,500.00 price objective on the stock in a report on Wednesday, April 9th. Deutsche Bank Aktiengesellschaft downgraded TransDigm Group from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $1,444.00 to $1,348.00 in a report on Thursday, January 2nd. Finally, StockNews.com raised shares of TransDigm Group from a “hold” rating to a “buy” rating in a research note on Tuesday, April 8th. Five equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $1,464.41.

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.