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 company’s stock in a transaction that occurred on Monday, June 15th. The stock was 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 directly owned 3,600 shares in the company, valued at $4,596,408. The trade was a 52.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

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 Trading Up 0.3%

TDG opened at $1,332.12 on Friday. Transdigm Group Incorporated has a 1-year low of $1,123.61 and a 1-year high of $1,623.82. The company has a market cap of $74.51 billion, a price-to-earnings ratio of 41.58, a PEG ratio of 2.31 and a beta of 0.91. The company’s fifty day moving average price is $1,224.66 and its two-hundred day moving average price is $1,276.43.

Transdigm Group (NYSE:TDG) last issued its quarterly earnings data on Tuesday, May 5th. The aerospace company reported $9.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $9.46 by $0.39. The firm had revenue of $2.54 billion during the quarter, compared to analysts’ expectations of $2.47 billion. Transdigm Group had a net margin of 20.24% and a negative return on equity of 26.49%. The business’s revenue was up 18.3% on a year-over-year basis. During the same period last year, the company earned $9.11 earnings per share. Transdigm Group has set its FY 2026 guidance at 38.830-40.210 EPS. As a group, equities analysts forecast that Transdigm Group Incorporated will post 37.99 earnings per share for the current fiscal year.

Institutional Trading of Transdigm Group

A number of institutional investors and hedge funds have recently modified their holdings of the business. Vulcan Value Partners LLC grew its position in Transdigm Group by 7.8% during the third quarter. Vulcan Value Partners LLC now owns 249,643 shares of the aerospace company’s stock valued at $328,977,000 after buying an additional 18,048 shares during the period. Thornburg Investment Management Inc. purchased a new stake in Transdigm Group during the third quarter worth about $62,785,000. Franklin Resources Inc. raised its position in Transdigm Group by 161.7% in the third quarter. Franklin Resources Inc. now owns 475,489 shares of the aerospace company’s stock worth $626,704,000 after acquiring an additional 293,821 shares during the period. Aster Capital Management DIFC Ltd bought a new stake in Transdigm Group in the third quarter worth about $1,795,000. Finally, Davidson Capital Management Inc. purchased a new position in Transdigm Group in the third quarter valued at about $2,697,000. 95.78% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently commented on TDG shares. Stifel Nicolaus lowered their price target on Transdigm Group from $1,650.00 to $1,525.00 and set a “buy” rating for the company in a research report on Wednesday, May 6th. JPMorgan Chase & Co. lifted their price objective on shares of Transdigm Group from $1,440.00 to $1,450.00 and gave the stock a “neutral” rating in a report on Monday, June 15th. TD Cowen reduced their target price on shares of 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. Weiss Ratings downgraded shares of Transdigm Group from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, June 2nd. Finally, Wall Street Zen lowered shares of Transdigm Group from a “buy” rating to a “hold” rating in a research report on Sunday, June 14th. Ten analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus 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.