Transdigm Group Incorporated (NYSE:TDG – Get Free Report) Director W Nicholas Howley sold 10,132 shares of Transdigm Group stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $1,319.55, for a total value of $13,369,680.60. Following the transaction, the director owned 21,548 shares in the company, valued at $28,433,663.40. This represents a 31.98% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website.
W Nicholas Howley also recently made the following trade(s):
- On Monday, May 18th, W Nicholas Howley sold 10,132 shares of Transdigm Group stock. The stock was sold at an average price of $1,180.82, for a total value of $11,964,068.24.
- On Monday, April 20th, W Nicholas Howley sold 10,132 shares of Transdigm Group stock. The stock was sold at an average price of $1,265.06, for a total value of $12,817,587.92.
Transdigm Group Price Performance
NYSE:TDG opened at $1,299.27 on Wednesday. The stock has a market cap of $72.67 billion, a PE ratio of 40.55, a price-to-earnings-growth ratio of 2.26 and a beta of 0.91. Transdigm Group Incorporated has a fifty-two week low of $1,123.61 and a fifty-two week high of $1,623.82. The stock’s 50-day moving average is $1,227.85 and its two-hundred day moving average is $1,275.26.
Wall Street Analyst Weigh In
Several equities analysts have recently commented on the stock. TD Cowen lowered their price target on shares of Transdigm Group from $1,565.00 to $1,450.00 and set a “buy” rating on the stock in a report on Wednesday, April 8th. Deutsche Bank Aktiengesellschaft increased their price objective on Transdigm Group from $1,306.00 to $1,350.00 and gave the stock a “hold” rating in a report on Wednesday, May 6th. Jefferies Financial Group lifted their price objective on Transdigm Group from $1,565.00 to $1,575.00 in a research report on Monday, May 11th. Weiss Ratings lowered Transdigm Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, June 2nd. Finally, Wall Street Zen downgraded Transdigm Group from a “buy” rating to a “hold” rating in a research note on Sunday, June 14th. Nine research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $1,513.56.
Institutional Trading of Transdigm Group
Large investors have recently made changes to their positions in the stock. Central Pacific Bank Trust Division lifted its holdings in Transdigm Group by 44.4% during the 4th quarter. Central Pacific Bank Trust Division now owns 26 shares of the aerospace company’s stock worth $35,000 after purchasing an additional 8 shares in the last quarter. Family Legacy Inc. grew its holdings in Transdigm Group by 0.3% during the 4th quarter. Family Legacy Inc. now owns 2,394 shares of the aerospace company’s stock valued at $3,184,000 after buying an additional 8 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC increased its position in shares of Transdigm Group by 17.0% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 55 shares of the aerospace company’s stock valued at $73,000 after buying an additional 8 shares during the period. CYBER HORNET ETFs LLC lifted its holdings in shares of Transdigm Group by 6.1% in the third quarter. CYBER HORNET ETFs LLC now owns 156 shares of the aerospace company’s stock worth $206,000 after buying an additional 9 shares in the last quarter. Finally, Patton Fund Management Inc. boosted its position in shares of Transdigm Group by 5.7% in the fourth quarter. Patton Fund Management Inc. now owns 167 shares of the aerospace company’s stock valued at $222,000 after acquiring an additional 9 shares during the period. Institutional investors own 95.78% of the company’s stock.
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.
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