TransDigm Group Incorporated (NYSE:TDG) Director W Nicholas Howley Sells 5,472 Shares

TransDigm Group Incorporated (NYSE:TDG) Director W Nicholas Howley sold 5,472 shares of TransDigm Group stock in a transaction on Tuesday, April 15th. The shares were sold at an average price of $1,346.30, for a total value of $7,366,953.60. Following the completion of the transaction, the director now owns 21,548 shares of the company’s stock, valued at approximately $29,010,072.40. The trade was a 20.25 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

W Nicholas Howley also recently made the following trade(s):

• On Tuesday, February 18th, W Nicholas Howley sold 5,472 shares of TransDigm Group stock. The shares were sold at an average price of $1,315.93, for a total value of $7,200,768.96.
• On Wednesday, January 15th, W Nicholas Howley sold 5,472 shares of TransDigm Group stock. The shares were sold at an average price of $1,296.77, for a total transaction of $7,095,925.44.

TransDigm Group Stock Performance

NYSE:TDG traded up $22.97 on Tuesday, reaching $1,360.10. The company’s stock had a trading volume of 575,480 shares, compared to its average volume of 252,635. TransDigm Group Incorporated has a 1-year low of $1,176.31 and a 1-year high of $1,451.32. The business’s 50-day moving average price is $1,336.02 and its two-hundred day moving average price is $1,322.97. The firm has a market cap of $76.28 billion, a PE ratio of 47.98, a PEG ratio of 2.76 and a beta of 1.08.

TransDigm Group (NYSE:TDG) last issued its quarterly earnings data on Tuesday, February 4th. The aerospace company reported $7.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.73 by $0.84. The business had revenue of $2.01 billion during the quarter, compared to analyst estimates of $2.03 billion. TransDigm Group had a negative return on equity of 42.87% and a net margin of 20.76%. TransDigm Group’s quarterly revenue was up 12.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $7.16 EPS. As a group, sell-side analysts expect that TransDigm Group Incorporated will post 35.13 EPS for the current year.

Institutional Investors Weigh In On TransDigm Group

A number of hedge funds and other institutional investors have recently made changes to their positions in TDG. Bruce G. Allen Investments LLC increased its holdings in TransDigm Group by 111.1% during the 1st quarter. Bruce G. Allen Investments LLC now owns 19 shares of the aerospace company’s stock worth $26,000 after purchasing an additional 10 shares in the last quarter. Capital Advisors Ltd. LLC boosted its position in shares of TransDigm Group by 200.0% during the fourth quarter. Capital Advisors Ltd. LLC now owns 24 shares of the aerospace company’s stock worth $30,000 after buying an additional 16 shares during the period. Trust Co. of Vermont boosted its position in shares of TransDigm Group by 150.0% during the fourth quarter. Trust Co. of Vermont now owns 25 shares of the aerospace company’s stock worth $32,000 after buying an additional 15 shares during the period. Park Square Financial Group LLC bought a new stake in TransDigm Group in the 4th quarter valued at approximately $32,000. Finally, Versant Capital Management Inc lifted its stake in TransDigm Group by 225.0% in the 4th quarter. Versant Capital Management Inc now owns 26 shares of the aerospace company’s stock valued at $33,000 after acquiring an additional 18 shares in the last quarter. 95.78% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have commented on TDG. UBS Group upgraded TransDigm Group from a “neutral” rating to a “buy” rating and set a $1,595.00 price objective on the stock in a research report on Monday, February 24th. Wells Fargo & Company decreased their price target on TransDigm Group from $1,410.00 to $1,375.00 and set an “overweight” rating on the stock in a report on Tuesday. Deutsche Bank Aktiengesellschaft cut TransDigm Group from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $1,444.00 to $1,348.00 in a report on Thursday, January 2nd. Susquehanna raised their target price on shares of TransDigm Group from $1,250.00 to $1,300.00 and gave the company a “neutral” rating in a research note on Wednesday, April 2nd. Finally, StockNews.com upgraded shares of TransDigm Group from a “hold” rating to a “buy” rating in a report on Tuesday, April 8th. Five investment analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,469.83.

About TransDigm Group

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.