TransDigm Group Incorporated (TDG) Insider Sells $3,550,600.00 in Stock
TransDigm Group Incorporated (NYSE:TDG) insider James Skulina sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, September 10th. The stock was sold at an average price of $355.06, for a total transaction of $3,550,600.00. Following the sale, the insider now owns 14,000 shares in the company, valued at $4,970,840. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.
NYSE TDG opened at $358.36 on Friday. The company has a debt-to-equity ratio of -5.96, a quick ratio of 3.15 and a current ratio of 4.14. TransDigm Group Incorporated has a 12-month low of $252.01 and a 12-month high of $377.67. The company has a market capitalization of $18.79 billion, a PE ratio of 29.84, a price-to-earnings-growth ratio of 1.86 and a beta of 0.76.
TransDigm Group (NYSE:TDG) last posted its quarterly earnings data on Tuesday, August 7th. The aerospace company reported $4.01 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $4.07 by ($0.06). TransDigm Group had a net margin of 20.68% and a negative return on equity of 29.79%. The business had revenue of $980.70 million during the quarter, compared to analyst estimates of $995.06 million. During the same quarter last year, the business earned $3.30 earnings per share. TransDigm Group’s revenue for the quarter was up 9.2% on a year-over-year basis. analysts predict that TransDigm Group Incorporated will post 16.85 EPS for the current fiscal year.
Several brokerages have commented on TDG. JPMorgan Chase & Co. raised their target price on shares of TransDigm Group from $330.00 to $365.00 and gave the stock an “underweight” rating in a report on Friday, August 10th. Jefferies Financial Group restated a “hold” rating and set a $375.00 target price on shares of TransDigm Group in a report on Tuesday, August 7th. Zacks Investment Research downgraded shares of TransDigm Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 3rd. Morgan Stanley raised their target price on shares of TransDigm Group from $341.00 to $372.00 and gave the stock an “equal weight” rating in a report on Thursday, July 12th. Finally, ValuEngine upgraded shares of TransDigm Group from a “hold” rating to a “buy” rating in a report on Thursday, June 21st. One research analyst has rated the stock with a sell rating, five have issued a hold rating and ten have given a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $365.00.
About TransDigm Group
TransDigm Group Incorporated designs, produces, and supplies aircraft components in the United States. The company's 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, databus and power controls, hoists, winches and lifting devices, and cargo loading and handling systems.
Featured Story: Why Dividend Stocks May Be Right for You
Receive News & Ratings for TransDigm Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TransDigm Group and related companies with MarketBeat.com's FREE daily email newsletter.