TransDigm Group Incorporated (NYSE:TDG) Insider Jessica L. Warren Sells 925 Shares of Stock

TransDigm Group Incorporated (NYSE:TDGGet Free Report) insider Jessica L. Warren sold 925 shares of the stock in a transaction that occurred on Thursday, June 6th. The shares were sold at an average price of $1,339.34, for a total transaction of $1,238,889.50. Following the completion of the sale, the insider now directly owns 50 shares of the company’s stock, valued at approximately $66,967. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

TransDigm Group Stock Performance

TransDigm Group stock opened at $1,305.99 on Tuesday. TransDigm Group Incorporated has a 1 year low of $794.97 and a 1 year high of $1,369.57. The firm’s 50-day moving average is $1,276.94 and its 200-day moving average is $1,153.39. The company has a market cap of $73.08 billion, a P/E ratio of 51.80, a PEG ratio of 2.23 and a beta of 1.39.

TransDigm Group (NYSE:TDGGet Free Report) last issued its earnings results on Tuesday, May 7th. The aerospace company reported $7.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $7.42 by $0.57. The firm had revenue of $1.92 billion for the quarter, compared to analysts’ expectations of $1.88 billion. TransDigm Group had a net margin of 21.22% and a negative return on equity of 63.35%. TransDigm Group’s revenue was up 20.5% on a year-over-year basis. During the same quarter last year, the company posted $5.39 earnings per share. As a group, sell-side analysts predict that TransDigm Group Incorporated will post 29.93 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in TDG. Whittier Trust Co. of Nevada Inc. boosted its holdings in shares of TransDigm Group by 0.8% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 966 shares of the aerospace company’s stock valued at $1,190,000 after acquiring an additional 8 shares during the period. Team Hewins LLC grew its position in TransDigm Group by 3.0% in the 1st quarter. Team Hewins LLC now owns 275 shares of the aerospace company’s stock worth $339,000 after purchasing an additional 8 shares during the last quarter. Souders Financial Advisors increased its stake in shares of TransDigm Group by 1.1% in the first quarter. Souders Financial Advisors now owns 767 shares of the aerospace company’s stock valued at $945,000 after purchasing an additional 8 shares during the period. Coldstream Capital Management Inc. raised its holdings in shares of TransDigm Group by 1.6% during the fourth quarter. Coldstream Capital Management Inc. now owns 570 shares of the aerospace company’s stock valued at $577,000 after buying an additional 9 shares during the last quarter. Finally, Checchi Capital Advisers LLC boosted its position in shares of TransDigm Group by 1.0% during the first quarter. Checchi Capital Advisers LLC now owns 918 shares of the aerospace company’s stock worth $1,131,000 after buying an additional 9 shares during the period. 95.78% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Royal Bank of Canada upped their target price on shares of TransDigm Group from $1,300.00 to $1,400.00 and gave the company an “outperform” rating in a research note on Wednesday, May 8th. StockNews.com upgraded TransDigm Group from a “hold” rating to a “buy” rating in a research note on Saturday, May 18th. Bank of America boosted their price target on TransDigm Group from $1,310.00 to $1,460.00 and gave the stock a “buy” rating in a research note on Wednesday, May 29th. Morgan Stanley raised their price objective on TransDigm Group from $1,275.00 to $1,550.00 and gave the company an “overweight” rating in a research note on Thursday, May 9th. Finally, UBS Group upped their target price on TransDigm Group from $1,302.00 to $1,403.00 and gave the company a “neutral” rating in a research report on Wednesday, May 8th. Six equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, TransDigm Group presently has an average rating of “Moderate Buy” and a consensus price target of $1,371.19.

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.

Read More

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

Receive News & Ratings for TransDigm Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TransDigm Group and related companies with MarketBeat.com's FREE daily email newsletter.