Robert Small Sells 4,700 Shares of Transdigm Group (NYSE:TDG) Stock

Transdigm Group Incorporated (NYSE:TDGGet Free Report) Director Robert Small sold 4,700 shares of the stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $1,290.19, for a total transaction of $6,063,893.00. Following the completion of the sale, the director directly owned 5,625 shares in the company, valued at approximately $7,257,318.75. This represents a 45.52% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Transdigm Group Stock Up 1.0%

Transdigm Group stock traded up $13.36 during midday trading on Thursday, reaching $1,316.26. The company’s stock had a trading volume of 276,884 shares, compared to its average volume of 297,954. Transdigm Group Incorporated has a fifty-two week low of $1,183.60 and a fifty-two week high of $1,623.82. The company has a market cap of $74.13 billion, a P/E ratio of 41.03, a P/E/G ratio of 2.93 and a beta of 0.94. The business has a 50-day simple moving average of $1,315.39 and a 200-day simple moving average of $1,393.44.

Transdigm Group (NYSE:TDGGet Free Report) last posted its earnings results on Wednesday, November 12th. The aerospace company reported $10.82 earnings per share for the quarter, topping the consensus estimate of $10.33 by $0.49. The firm had revenue of $2.44 billion during the quarter, compared to analysts’ expectations of $2.40 billion. Transdigm Group had a negative return on equity of 31.91% and a net margin of 21.69%.The firm’s revenue was up 11.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $9.83 earnings per share. Transdigm Group has set its FY 2026 guidance at 36.490-38.530 EPS. As a group, equities analysts forecast that Transdigm Group Incorporated will post 35.13 earnings per share for the current year.

Analysts Set New Price Targets

A number of research analysts recently commented on TDG shares. UBS Group increased their target price on shares of Transdigm Group from $1,738.00 to $1,798.00 and gave the company a “buy” rating in a research report on Thursday, November 13th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Transdigm Group in a research report on Monday. BNP Paribas raised Transdigm Group to a “strong-buy” rating in a research report on Tuesday, November 18th. JPMorgan Chase & Co. boosted their price objective on Transdigm Group from $1,405.00 to $1,435.00 and gave the company a “neutral” rating in a research note on Friday, November 14th. Finally, Morgan Stanley increased their price objective on Transdigm Group from $1,600.00 to $1,660.00 and gave the company an “overweight” rating in a report on Friday, November 14th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, 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 TDG

Institutional Trading of Transdigm Group

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

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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