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

Transdigm Group Incorporated (NYSE:TDG) COO Joel Reiss sold 3,900 shares of the firm’s stock in a transaction on Friday, May 15th. The stock was sold at an average price of $1,154.09, for a total value of $4,500,951.00. Following the transaction, the chief operating officer directly owned 3,600 shares of the company’s stock, valued at approximately $4,154,724. This represents a 52.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

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

• On Wednesday, April 15th, Joel Reiss sold 3,900 shares of Transdigm Group stock. The stock was sold at an average price of $1,280.46, for a total value of $4,993,794.00.
• On Monday, March 16th, Joel Reiss sold 3,900 shares of Transdigm Group stock. The stock was sold at an average price of $1,243.70, for a total value of $4,850,430.00.

Transdigm Group Trading Up 2.7%

NYSE:TDG traded up $31.30 during trading hours on Monday, hitting $1,180.27. 550,676 shares of the company were exchanged, compared to its average volume of 394,192. The stock has a market capitalization of $66.02 billion, a price-to-earnings ratio of 36.84, a price-to-earnings-growth ratio of 2.01 and a beta of 0.90. Transdigm Group Incorporated has a one year low of $1,123.61 and a one year high of $1,623.82. The company has a fifty day simple moving average of $1,203.13 and a 200 day simple moving average of $1,289.64.

Transdigm Group (NYSE:TDG) last announced its earnings results on Tuesday, May 5th. The aerospace company reported $9.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $9.46 by $0.39. The business had revenue of $2.54 billion during the quarter, compared to analyst estimates of $2.47 billion. Transdigm Group had a negative return on equity of 26.49% and a net margin of 20.24%.Transdigm Group’s revenue for the quarter was up 18.3% compared to the same quarter last year. During the same period last year, the company earned $9.11 EPS. Transdigm Group has set its FY 2026 guidance at 38.830-40.210 EPS. Equities research analysts predict that Transdigm Group Incorporated will post 37.82 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research analysts recently issued reports on the company. Royal Bank Of Canada lowered their target price 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. Wells Fargo & Company started coverage on Transdigm Group in a report on Wednesday, April 1st. They set an “equal weight” rating and a $1,200.00 price target for the company. Stifel Nicolaus decreased their price target on Transdigm Group from $1,650.00 to $1,525.00 and set a “buy” rating for the company in a report on Wednesday, May 6th. TD Cowen decreased their price target on Transdigm Group from $1,565.00 to $1,450.00 and set a “buy” rating for the company in a report on Wednesday, April 8th. Finally, KeyCorp downgraded Transdigm Group from an “overweight” rating to a “sector weight” rating in a report on Thursday, February 5th. Ten equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat, Transdigm Group presently has an average rating of “Moderate Buy” and a consensus target price of $1,524.18.

Institutional Trading of Transdigm Group

A number of large investors have recently bought and sold shares of the business. Empowered Funds LLC grew its holdings in Transdigm Group by 29.3% during the 1st quarter. Empowered Funds LLC now owns 5,717 shares of the aerospace company’s stock worth $6,626,000 after acquiring an additional 1,296 shares during the period. The Manufacturers Life Insurance Company grew its holdings in Transdigm Group by 413.7% during the 1st quarter. The Manufacturers Life Insurance Company now owns 190,147 shares of the aerospace company’s stock worth $220,373,000 after acquiring an additional 153,131 shares during the period. Quantinno Capital Management LP grew its stake in shares of Transdigm Group by 3.0% in the 1st quarter. Quantinno Capital Management LP now owns 26,207 shares of the aerospace company’s stock valued at $30,374,000 after buying an additional 751 shares during the period. Soroban Capital Partners LP grew its stake in shares of Transdigm Group by 14.5% in the 1st quarter. Soroban Capital Partners LP now owns 856,197 shares of the aerospace company’s stock valued at $992,298,000 after buying an additional 108,227 shares during the period. Finally, Advent International L.P. grew its stake in shares of Transdigm Group by 167.2% in the 1st quarter. Advent International L.P. now owns 17,459 shares of the aerospace company’s stock valued at $20,234,000 after buying an additional 10,925 shares during the period. 95.78% of the stock is currently owned by institutional investors and hedge funds.

Transdigm Group Company Profile

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.