TransDigm Group Incorporated (NYSE:TDG – Get Rating) Director W Nicholas Howley sold 6,500 shares of TransDigm Group stock in a transaction on Tuesday, January 17th. The stock was sold at an average price of $685.24, for a total transaction of $4,454,060.00. Following the completion of the transaction, the director now directly owns 21,548 shares in the company, valued at $14,765,551.52. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
W Nicholas Howley also recently made the following trade(s):
- On Thursday, December 15th, W Nicholas Howley sold 6,500 shares of TransDigm Group stock. The shares were sold at an average price of $620.35, for a total transaction of $4,032,275.00.
- On Tuesday, November 15th, W Nicholas Howley sold 6,500 shares of TransDigm Group stock. The shares were sold at an average price of $620.35, for a total transaction of $4,032,275.00.
TransDigm Group Stock Performance
Shares of NYSE TDG opened at $660.24 on Friday. The firm’s 50 day moving average price is $630.60 and its 200-day moving average price is $599.90. The company has a market cap of $35.90 billion, a PE ratio of 49.13, a P/E/G ratio of 1.67 and a beta of 1.39. TransDigm Group Incorporated has a 52-week low of $499.63 and a 52-week high of $691.00.
Analyst Upgrades and Downgrades
TDG has been the topic of a number of research analyst reports. JPMorgan Chase & Co. reduced their price objective on shares of TransDigm Group from $705.00 to $700.00 and set a “neutral” rating on the stock in a research report on Wednesday, November 9th. Wolfe Research started coverage on shares of TransDigm Group in a research report on Monday, October 10th. They set an “outperform” rating and a $650.00 price objective on the stock. Wells Fargo & Company downgraded shares of TransDigm Group from an “overweight” rating to an “equal weight” rating and reduced their target price for the stock from $735.00 to $660.00 in a research report on Monday, November 28th. StockNews.com downgraded shares of TransDigm Group from a “buy” rating to a “hold” rating in a research report on Monday. Finally, Morgan Stanley reduced their target price on shares of TransDigm Group from $801.00 to $765.00 and set an “overweight” rating on the stock in a research report on Monday, December 12th. Five analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, TransDigm Group has a consensus rating of “Hold” and a consensus target price of $696.67.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in TDG. Lone Pine Capital LLC bought a new position in shares of TransDigm Group in the third quarter worth approximately $387,067,000. Principal Financial Group Inc. lifted its position in TransDigm Group by 5.6% during the second quarter. Principal Financial Group Inc. now owns 3,257,661 shares of the aerospace company’s stock valued at $1,748,289,000 after purchasing an additional 173,413 shares during the period. Putnam Investments LLC lifted its position in TransDigm Group by 725.0% during the third quarter. Putnam Investments LLC now owns 195,910 shares of the aerospace company’s stock valued at $102,818,000 after purchasing an additional 172,163 shares during the period. Renaissance Technologies LLC lifted its position in TransDigm Group by 1,887.1% during the second quarter. Renaissance Technologies LLC now owns 139,100 shares of the aerospace company’s stock valued at $74,651,000 after purchasing an additional 132,100 shares during the period. Finally, Vanguard Group Inc. lifted its position in TransDigm Group by 2.1% during the first quarter. Vanguard Group Inc. now owns 5,602,332 shares of the aerospace company’s stock valued at $3,650,144,000 after purchasing an additional 117,137 shares during the period. Institutional investors own 96.00% of the company’s stock.
About TransDigm Group
TransDigm Group Incorporated designs, produces, and supplies aircraft components in the United States and internationally. Its 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.
- Get a free copy of the StockNews.com research report on TransDigm Group (TDG)
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