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

Transdigm Group Incorporated (NYSE:TDG) COO Joel Reiss sold 3,900 shares of the firm’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $1,276.78, for a total value of $4,979,442.00. Following the transaction, the chief operating officer owned 3,600 shares in the company, valued at approximately $4,596,408. This trade represents a 52.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

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

• On Friday, May 15th, Joel Reiss sold 3,900 shares of Transdigm Group stock. The shares were sold at an average price of $1,154.09, for a total transaction of $4,500,951.00.
• On Wednesday, April 15th, Joel Reiss sold 3,900 shares of Transdigm Group stock. The shares were sold at an average price of $1,280.46, for a total transaction of $4,993,794.00.

Transdigm Group Stock Performance

Transdigm Group stock opened at $1,332.12 on Friday. The stock has a market cap of $74.51 billion, a PE ratio of 41.58, a price-to-earnings-growth ratio of 2.31 and a beta of 0.91. Transdigm Group Incorporated has a fifty-two week low of $1,123.61 and a fifty-two week high of $1,623.82. The firm’s 50-day simple moving average is $1,224.66 and its 200 day simple moving average is $1,276.43.

Transdigm Group (NYSE:TDG) last posted its earnings results on Tuesday, May 5th. The aerospace company reported $9.85 EPS 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 last year, the firm earned $9.11 EPS. The company’s quarterly revenue was up 18.3% compared to the same quarter last year. Transdigm Group has set its FY 2026 guidance at 38.830-40.210 EPS. As a group, analysts predict that Transdigm Group Incorporated will post 37.99 EPS for the current fiscal year.

Institutional Trading of Transdigm Group

Several hedge funds have recently made changes to their positions in the company. Central Pacific Bank Trust Division raised its holdings in Transdigm Group by 44.4% during the fourth quarter. Central Pacific Bank Trust Division now owns 26 shares of the aerospace company’s stock worth $35,000 after purchasing an additional 8 shares in the last quarter. Family Legacy Inc. boosted its holdings in shares of Transdigm Group by 0.3% in the 4th quarter. Family Legacy Inc. now owns 2,394 shares of the aerospace company’s stock valued at $3,184,000 after buying an additional 8 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC boosted its stake in Transdigm Group by 17.0% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 55 shares of the aerospace company’s stock valued at $73,000 after acquiring an additional 8 shares in the last quarter. CYBER HORNET ETFs LLC increased its position in shares of Transdigm Group by 6.1% during the third quarter. CYBER HORNET ETFs LLC now owns 156 shares of the aerospace company’s stock worth $206,000 after purchasing an additional 9 shares in the last quarter. Finally, Patton Fund Management Inc. increased its position in shares of Transdigm Group by 5.7% during the fourth quarter. Patton Fund Management Inc. now owns 167 shares of the aerospace company’s stock worth $222,000 after purchasing an additional 9 shares in the last quarter. 95.78% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

TDG has been the subject of a number of recent analyst reports. TD Cowen reduced their price objective on Transdigm Group from $1,565.00 to $1,450.00 and set a “buy” rating for the company in a research note on Wednesday, April 8th. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Transdigm Group from $1,306.00 to $1,350.00 and gave the stock a “hold” rating in a report on Wednesday, May 6th. Morgan Stanley increased their price target on shares of Transdigm Group from $1,660.00 to $1,680.00 and gave the company an “overweight” rating in a research report on Wednesday, May 6th. Stifel Nicolaus lowered their price objective on shares of Transdigm Group from $1,650.00 to $1,525.00 and set a “buy” rating on the stock in a research report on Wednesday, May 6th. Finally, BMO Capital Markets dropped their target price on shares of Transdigm Group from $1,550.00 to $1,450.00 and set an “outperform” rating on the stock in a research note on Tuesday, March 31st. Ten analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $1,525.06.

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.