Transdigm Group (NYSE:TDG) Director Sells $5,696,748.46 in Stock

Transdigm Group Incorporated (NYSE:TDGGet Free Report) Director Kevin Stein sold 4,187 shares of Transdigm Group stock in a transaction that occurred on Tuesday, November 25th. The stock was sold at an average price of $1,360.58, for a total transaction of $5,696,748.46. Following the transaction, the director directly owned 8,158 shares in the company, valued at approximately $11,099,611.64. This represents a 33.92% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Transdigm Group Price Performance

Shares of Transdigm Group stock traded up $0.55 during trading hours on Wednesday, hitting $1,353.09. 239,142 shares of the company’s stock traded hands, compared to its average volume of 300,963. The stock has a market capitalization of $76.20 billion, a price-to-earnings ratio of 44.91, a PEG ratio of 3.25 and a beta of 1.02. Transdigm Group Incorporated has a 12-month low of $1,183.60 and a 12-month high of $1,623.82. The company has a fifty day simple moving average of $1,304.51 and a 200-day simple moving average of $1,398.98.

Transdigm Group (NYSE:TDGGet Free Report) last released its earnings results on Wednesday, November 12th. The aerospace company reported $10.82 earnings per share for the quarter, beating analysts’ consensus estimates of $10.33 by $0.49. Transdigm Group had a net margin of 20.98% and a negative return on equity of 35.27%. The firm had revenue of $2.44 billion for the quarter, compared to analysts’ expectations of $2.40 billion. During the same period in the previous year, the company earned $9.83 earnings per share. The company’s quarterly revenue was up 11.5% on a year-over-year basis. Transdigm Group has set its FY 2026 guidance at 36.490-38.530 EPS. On average, analysts forecast that Transdigm Group Incorporated will post 35.13 EPS for the current fiscal year.

Institutional Investors Weigh In On Transdigm Group

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. MassMutual Private Wealth & Trust FSB grew its stake in shares of Transdigm Group by 2.8% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 257 shares of the aerospace company’s stock worth $391,000 after purchasing an additional 7 shares during the last quarter. Diversified Enterprises LLC boosted its holdings in Transdigm Group by 3.8% in the second quarter. Diversified Enterprises LLC now owns 193 shares of the aerospace company’s stock valued at $293,000 after acquiring an additional 7 shares in the last quarter. FSM Wealth Advisors LLC increased its position in Transdigm Group by 3.8% during the 2nd quarter. FSM Wealth Advisors LLC now owns 191 shares of the aerospace company’s stock valued at $292,000 after purchasing an additional 7 shares during the period. Pinnacle Wealth Management Advisory Group LLC increased its position in Transdigm Group by 3.7% during the 1st quarter. Pinnacle Wealth Management Advisory Group LLC now owns 225 shares of the aerospace company’s stock valued at $311,000 after purchasing an additional 8 shares during the period. Finally, Tokio Marine Asset Management Co. Ltd. raised its holdings in Transdigm Group by 0.5% in the 1st quarter. Tokio Marine Asset Management Co. Ltd. now owns 1,693 shares of the aerospace company’s stock worth $2,342,000 after purchasing an additional 8 shares in the last quarter. 95.78% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

TDG has been the subject of several recent research reports. Zacks Research lowered Transdigm Group from a “hold” rating to a “strong sell” rating in a report on Monday, October 27th. Morgan Stanley boosted their price target on shares of Transdigm Group from $1,600.00 to $1,660.00 and gave the company an “overweight” rating in a research report on Friday, November 14th. Weiss Ratings restated a “buy (b-)” rating on shares of Transdigm Group in a research note on Monday. Jefferies Financial Group lowered their target price on shares of Transdigm Group from $1,650.00 to $1,490.00 and set a “buy” rating on the stock in a report on Wednesday, September 17th. Finally, Truist Financial dropped their target price on Transdigm Group from $1,730.00 to $1,647.00 and set a “buy” rating on the stock in a research report on Wednesday, October 15th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Transdigm Group presently has an average rating of “Moderate Buy” and an average target price of $1,576.29.

Get Our Latest Analysis on TDG

Transdigm Group Company Profile

(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.

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Insider Buying and Selling by Quarter for Transdigm Group (NYSE:TDG)

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