Transdigm Group (NYSE:TDG) Director Sells $9,791,049.87 in Stock

Transdigm Group Incorporated (NYSE:TDGGet Free Report) Director Kevin Stein sold 7,191 shares of the stock in a transaction on Tuesday, November 18th. The shares were sold at an average price of $1,361.57, for a total transaction of $9,791,049.87. Following the transaction, the director owned 8,158 shares in the company, valued at $11,107,688.06. This trade represents a 46.85% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Transdigm Group Stock Down 0.7%

Shares of TDG traded down $9.95 during midday trading on Wednesday, hitting $1,341.11. The company had a trading volume of 299,106 shares, compared to its average volume of 300,704. The stock has a market cap of $75.53 billion, a price-to-earnings ratio of 44.51, a PEG ratio of 3.25 and a beta of 1.02. The company’s 50 day moving average price is $1,298.89 and its 200 day moving average price is $1,401.11. Transdigm Group Incorporated has a 52 week low of $1,183.60 and a 52 week high of $1,623.82.

Transdigm Group (NYSE:TDGGet Free Report) last posted its quarterly earnings results on Wednesday, November 12th. The aerospace company reported $10.82 EPS for the quarter, topping analysts’ consensus estimates of $10.33 by $0.49. Transdigm Group had a negative return on equity of 35.27% and a net margin of 20.98%.The business had revenue of $2.44 billion during the quarter, compared to the consensus estimate of $2.40 billion. During the same period last year, the firm earned $9.83 earnings per share. The company’s revenue for the quarter was up 11.5% compared to the same quarter last year. Transdigm Group has set its FY 2026 guidance at 36.490-38.530 EPS. Equities analysts anticipate that Transdigm Group Incorporated will post 35.13 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of TDG. Salomon & Ludwin LLC acquired a new stake in shares of Transdigm Group in the third quarter valued at approximately $26,000. Saudi Central Bank bought a new position in Transdigm Group in the 1st quarter worth approximately $30,000. Wealth Watch Advisors INC acquired a new stake in Transdigm Group in the 3rd quarter valued at approximately $34,000. Bank of Jackson Hole Trust raised its stake in Transdigm Group by 84.6% during the 2nd quarter. Bank of Jackson Hole Trust now owns 24 shares of the aerospace company’s stock valued at $36,000 after acquiring an additional 11 shares in the last quarter. Finally, Hantz Financial Services Inc. boosted its position in Transdigm Group by 1,250.0% during the 2nd quarter. Hantz Financial Services Inc. now owns 27 shares of the aerospace company’s stock worth $41,000 after acquiring an additional 25 shares during the period. 95.78% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

TDG has been the topic of several research reports. Truist Financial dropped their price target on Transdigm Group from $1,730.00 to $1,647.00 and set a “buy” rating on the stock in a research report on Wednesday, October 15th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Transdigm Group in a research note on Monday. Stifel Nicolaus reduced their price target on shares of Transdigm Group from $1,710.00 to $1,650.00 and set a “buy” rating on the stock in a research report on Thursday, November 13th. BNP Paribas Exane started coverage on shares of Transdigm Group in a report on Tuesday. They issued an “outperform” rating and a $1,775.00 price target for the company. Finally, JPMorgan Chase & Co. increased their price objective on shares of Transdigm Group from $1,405.00 to $1,435.00 and gave the stock a “neutral” rating in a research note on Friday, November 14th. Thirteen analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Transdigm Group currently has an average rating of “Moderate Buy” and a consensus target price of $1,576.29.

Read Our Latest Stock Analysis on Transdigm Group

About Transdigm Group

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for Transdigm Group (NYSE:TDG)

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