Transdigm Group Incorporated (NYSE:TDG – Get Free Report) Director W Nicholas Howley sold 10,132 shares of the company’s stock in a transaction dated Monday, July 20th. The stock was sold at an average price of $1,216.08, for a total value of $12,321,322.56. Following the completion of the transaction, the director directly owned 21,548 shares in the company, valued at approximately $26,204,091.84. The trade was a 31.98% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
W Nicholas Howley also recently made the following trade(s):
- On Thursday, June 18th, W Nicholas Howley sold 10,132 shares of Transdigm Group stock. The shares were sold at an average price of $1,319.55, for a total transaction of $13,369,680.60.
- On Monday, May 18th, W Nicholas Howley sold 10,132 shares of Transdigm Group stock. The shares were sold at an average price of $1,180.82, for a total transaction of $11,964,068.24.
Transdigm Group Trading Down 3.3%
TDG stock opened at $1,265.29 on Thursday. The firm has a market cap of $70.77 billion, a PE ratio of 39.49, a PEG ratio of 2.30 and a beta of 0.90. The company has a fifty day simple moving average of $1,267.65 and a 200 day simple moving average of $1,267.44. Transdigm Group Incorporated has a 1 year low of $1,123.61 and a 1 year high of $1,623.82.
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in the business. Ares Financial Consulting LLC bought a new stake in shares of Transdigm Group during the fourth quarter worth approximately $25,000. Elyxium Wealth LLC acquired a new stake in shares of Transdigm Group in the 4th quarter valued at approximately $25,000. Burkett Financial Services LLC bought a new position in Transdigm Group during the 2nd quarter worth approximately $25,000. MCF Advisors LLC grew its holdings in shares of Transdigm Group by 900.0% in the 4th quarter. MCF Advisors LLC now owns 20 shares of the aerospace company’s stock valued at $27,000 after buying an additional 18 shares during the period. Finally, Transamerica Financial Advisors LLC grew its stake in Transdigm Group by 1,900.0% in the fourth quarter. Transamerica Financial Advisors LLC now owns 20 shares of the aerospace company’s stock valued at $27,000 after acquiring an additional 19 shares during the period. 95.78% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently weighed in on TDG shares. Royal Bank Of Canada reduced their price objective on Transdigm Group from $1,400.00 to $1,350.00 and set a “sector perform” rating for the company in a research report on Wednesday, May 6th. JPMorgan Chase & Co. upped their target price on Transdigm Group from $1,440.00 to $1,450.00 and gave the company a “neutral” rating in a research note on Monday, June 15th. Weiss Ratings lowered shares of Transdigm Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, June 2nd. Deutsche Bank Aktiengesellschaft upped their price target on Transdigm Group from $1,306.00 to $1,350.00 and gave the company a “hold” rating in a research report on Wednesday, May 6th. Finally, BMO Capital Markets increased their target price on shares of Transdigm Group from $1,450.00 to $1,525.00 and gave the stock an “outperform” rating in a research report on Thursday, July 2nd. Seven research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $1,477.47.
Check Out Our Latest Analysis on TDG
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.
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