Robert J. Small Sells 1,000 Shares of TransDigm Group Incorporated (NYSE:TDG) Stock

TransDigm Group Incorporated (NYSE:TDG) Director Robert J. Small sold 1,000 shares of the company’s stock in a transaction dated Thursday, March 13th. The stock was sold at an average price of $1,335.22, for a total transaction of $1,335,220.00. Following the completion of the transaction, the director now owns 95,147 shares of the company’s stock, valued at approximately $127,042,177.34. This trade represents a 1.04 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

TransDigm Group Stock Performance

Shares of NYSE:TDG opened at $1,341.80 on Wednesday. The company has a market cap of $75.25 billion, a PE ratio of 47.33, a price-to-earnings-growth ratio of 2.76 and a beta of 1.38. TransDigm Group Incorporated has a 52 week low of $1,176.31 and a 52 week high of $1,451.32. The firm has a 50 day simple moving average of $1,330.19 and a 200 day simple moving average of $1,327.02.

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

Institutional Investors Weigh In On TransDigm Group

Several hedge funds have recently made changes to their positions in the company. Erste Asset Management GmbH purchased a new stake in TransDigm Group in the 3rd quarter worth approximately $29,000. Capital Advisors Ltd. LLC lifted its position in TransDigm Group by 200.0% in the 4th quarter. Capital Advisors Ltd. LLC now owns 24 shares of the aerospace company’s stock worth $30,000 after buying an additional 16 shares in the last quarter. Trust Co. of Vermont lifted its position in TransDigm Group by 150.0% in the 4th quarter. Trust Co. of Vermont now owns 25 shares of the aerospace company’s stock worth $32,000 after buying an additional 15 shares in the last quarter. Park Square Financial Group LLC purchased a new stake in TransDigm Group in the 4th quarter worth approximately $32,000. Finally, Versant Capital Management Inc lifted its position in TransDigm Group by 225.0% in the 4th quarter. Versant Capital Management Inc now owns 26 shares of the aerospace company’s stock worth $33,000 after buying an additional 18 shares in the last quarter. Hedge funds and other institutional investors own 95.78% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have commented on TDG. Barclays restated an “equal weight” rating and issued a $1,500.00 target price on shares of TransDigm Group in a research report on Monday, January 6th. Wells Fargo & Company upgraded shares of TransDigm Group from an “equal weight” rating to an “overweight” rating and upped their target price for the stock from $1,375.00 to $1,500.00 in a research report on Friday, February 7th. Deutsche Bank Aktiengesellschaft cut shares of TransDigm Group from a “buy” rating to a “hold” rating and decreased their price objective for the company from $1,444.00 to $1,348.00 in a report on Thursday, January 2nd. StockNews.com upgraded shares of TransDigm Group from a “hold” rating to a “buy” rating in a report on Wednesday, January 8th. Finally, UBS Group upgraded shares of TransDigm Group from a “neutral” rating to a “buy” rating and set a $1,595.00 price objective for the company in a report on Monday, February 24th. Six equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. According to MarketBeat, TransDigm Group currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,472.47.

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.