Transdigm Group Incorporated (NYSE:TDG – Get Free Report) COO Joel Reiss sold 3,900 shares of the company’s stock in a transaction on Monday, November 17th. The stock was sold at an average price of $1,340.00, for a total transaction of $5,226,000.00. Following the completion of the transaction, the chief operating officer directly owned 3,600 shares of the company’s stock, valued at $4,824,000. This represents a 52.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link.
Joel Reiss also recently made the following trade(s):
- On Monday, October 20th, Joel Reiss sold 3,000 shares of Transdigm Group stock. The shares were sold at an average price of $1,279.59, for a total value of $3,838,770.00.
- On Monday, September 22nd, Joel Reiss sold 3,000 shares of Transdigm Group stock. The stock was sold at an average price of $1,276.07, for a total value of $3,828,210.00.
- On Wednesday, August 20th, Joel Reiss sold 3,000 shares of Transdigm Group stock. The stock was sold at an average price of $1,406.07, for a total value of $4,218,210.00.
Transdigm Group Trading Down 0.9%
NYSE TDG opened at $1,328.80 on Friday. Transdigm Group Incorporated has a 12 month low of $1,183.60 and a 12 month high of $1,623.82. The stock has a market cap of $74.84 billion, a PE ratio of 44.10, a P/E/G ratio of 3.25 and a beta of 1.02. The stock’s 50 day moving average is $1,300.66 and its 200 day moving average is $1,400.19.
Analyst Ratings Changes
Several brokerages have commented on TDG. Royal Bank Of Canada boosted their price target on shares of Transdigm Group from $1,385.00 to $1,400.00 and gave the stock a “sector perform” rating in a research note on Thursday, November 13th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Transdigm Group in a research report on Monday. UBS Group raised their price target on Transdigm Group from $1,738.00 to $1,798.00 and gave the company a “buy” rating in a report on Thursday, November 13th. KeyCorp reduced their price objective on Transdigm Group from $1,700.00 to $1,600.00 and set an “overweight” rating on the stock in a research note on Friday, August 8th. Finally, BNP Paribas Exane started coverage on Transdigm Group in a research report on Tuesday. They set an “outperform” rating and a $1,775.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $1,576.29.
Check Out Our Latest Report on TDG
Hedge Funds Weigh In On Transdigm Group
Several large investors have recently modified their holdings of TDG. Captrust Financial Advisors raised its holdings in Transdigm Group by 10.8% during the 3rd quarter. Captrust Financial Advisors now owns 2,194 shares of the aerospace company’s stock valued at $2,891,000 after buying an additional 213 shares during the period. Danske Bank A S purchased a new stake in shares of Transdigm Group in the third quarter valued at $93,706,000. Laurion Capital Management LP bought a new stake in shares of Transdigm Group in the 3rd quarter worth about $228,000. CANADA LIFE ASSURANCE Co boosted its stake in shares of Transdigm Group by 2.8% during the 3rd quarter. CANADA LIFE ASSURANCE Co now owns 23,134 shares of the aerospace company’s stock worth $29,808,000 after purchasing an additional 636 shares during the period. Finally, CYBER HORNET ETFs LLC boosted its stake in shares of Transdigm Group by 6.1% during the 3rd quarter. CYBER HORNET ETFs LLC now owns 156 shares of the aerospace company’s stock worth $206,000 after purchasing an additional 9 shares during the period. Institutional investors own 95.78% of the company’s stock.
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.
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