Transdigm Group Incorporated (NYSE:TDG – Get Free Report) Director W Nicholas Howley sold 10,132 shares of the company’s stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $1,319.55, for a total value of $13,369,680.60. Following the sale, the director owned 21,548 shares of the company’s stock, valued at approximately $28,433,663.40. This trade represents a 31.98% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
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 shares were 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 shares were sold at an average price of $1,265.06, for a total value of $12,817,587.92.
Transdigm Group Stock Performance
TDG opened at $1,324.31 on Thursday. The firm has a market cap of $74.07 billion, a P/E ratio of 41.33, a price-to-earnings-growth ratio of 2.26 and a beta of 0.91. The business has a 50 day moving average price of $1,229.64 and a 200 day moving average price of $1,275.02. Transdigm Group Incorporated has a twelve month low of $1,123.61 and a twelve month high of $1,623.82.
Hedge Funds Weigh In On Transdigm Group
Several large investors have recently bought and sold shares of the stock. Ares Financial Consulting LLC bought a new position in shares of Transdigm Group during the 4th quarter worth about $25,000. Elyxium Wealth LLC bought a new stake in shares of Transdigm Group in the fourth quarter valued at about $25,000. MCF Advisors LLC lifted its stake in shares of Transdigm Group by 900.0% in the fourth quarter. MCF Advisors LLC now owns 20 shares of the aerospace company’s stock valued at $27,000 after buying an additional 18 shares during the period. Transamerica Financial Advisors LLC grew its position in Transdigm Group by 1,900.0% during the fourth quarter. Transamerica Financial Advisors LLC now owns 20 shares of the aerospace company’s stock worth $27,000 after buying an additional 19 shares in the last quarter. Finally, Colonial Trust Co SC grew its position in Transdigm Group by 162.5% during the fourth quarter. Colonial Trust Co SC now owns 21 shares of the aerospace company’s stock worth $29,000 after buying an additional 13 shares in the last quarter. 95.78% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several brokerages recently commented on TDG. Royal Bank Of Canada dropped their target price on shares of Transdigm Group from $1,400.00 to $1,350.00 and set a “sector perform” rating on the stock in a report on Wednesday, May 6th. Morgan Stanley upped their price target on shares of Transdigm Group from $1,660.00 to $1,680.00 and gave the company an “overweight” rating in a report on Wednesday, May 6th. Stifel Nicolaus lowered their price target on Transdigm Group from $1,650.00 to $1,525.00 and set a “buy” rating on the stock in a research report on Wednesday, May 6th. BNP Paribas Exane dropped their price objective on Transdigm Group from $1,800.00 to $1,750.00 and set an “outperform” rating on the stock in a research note on Thursday, May 14th. Finally, UBS Group cut their price objective on Transdigm Group from $1,745.00 to $1,645.00 and set a “buy” rating for the company in a research report on Wednesday, May 6th. Nine research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,513.56.
Check Out Our Latest Report on Transdigm Group
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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