Transdigm Group Incorporated (NYSE:TDG – Get Free Report) Director W Nicholas Howley sold 10,132 shares of Transdigm Group stock in a transaction that occurred on Monday, April 20th. The shares were sold at an average price of $1,265.06, for a total value of $12,817,587.92. Following the sale, the director directly owned 21,548 shares in the company, valued at approximately $27,259,512.88. This trade represents a 31.98% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
W Nicholas Howley also recently made the following trade(s):
- On Wednesday, March 18th, W Nicholas Howley sold 10,132 shares of Transdigm Group stock. The shares were sold at an average price of $1,213.05, for a total value of $12,290,622.60.
- On Wednesday, February 18th, W Nicholas Howley sold 10,168 shares of Transdigm Group stock. The shares were sold at an average price of $1,307.68, for a total value of $13,296,490.24.
Transdigm Group Price Performance
Shares of NYSE:TDG opened at $1,188.95 on Thursday. Transdigm Group Incorporated has a 12 month low of $1,123.61 and a 12 month high of $1,623.82. The stock has a market cap of $67.14 billion, a price-to-earnings ratio of 38.25, a PEG ratio of 2.54 and a beta of 0.98. The stock’s 50 day moving average price is $1,240.67 and its 200 day moving average price is $1,302.00.
Analyst Upgrades and Downgrades
Several equities research analysts recently commented on the company. UBS Group dropped their target price on Transdigm Group from $1,804.00 to $1,800.00 and set a “buy” rating on the stock in a report on Wednesday, February 4th. Robert W. Baird reissued a “neutral” rating and set a $1,400.00 target price on shares of Transdigm Group in a report on Wednesday, February 4th. Weiss Ratings cut Transdigm Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, April 13th. KeyCorp cut Transdigm Group from an “overweight” rating to a “sector weight” rating in a report on Thursday, February 5th. Finally, Wells Fargo & Company began coverage on Transdigm Group in a report on Wednesday, April 1st. They set an “equal weight” rating and a $1,200.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $1,567.40.
Get Our Latest Stock Analysis on Transdigm Group
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in the business. Leonard Rickey Investment Advisors P.L.L.C. grew its position in Transdigm Group by 4.4% in the third quarter. Leonard Rickey Investment Advisors P.L.L.C. now owns 188 shares of the aerospace company’s stock worth $248,000 after buying an additional 8 shares during the last quarter. Gateway Investment Advisers LLC grew its position in Transdigm Group by 0.7% in the third quarter. Gateway Investment Advisers LLC now owns 1,182 shares of the aerospace company’s stock worth $1,558,000 after buying an additional 8 shares during the last quarter. Tower Wealth Partners Inc. grew its position in Transdigm Group by 4.5% in the third quarter. Tower Wealth Partners Inc. now owns 187 shares of the aerospace company’s stock worth $246,000 after buying an additional 8 shares during the last quarter. Central Pacific Bank Trust Division grew its position in Transdigm Group by 44.4% in the fourth quarter. Central Pacific Bank Trust Division now owns 26 shares of the aerospace company’s stock worth $35,000 after buying an additional 8 shares during the last quarter. Finally, Family Legacy Inc. grew its position in Transdigm Group by 0.3% in the fourth quarter. Family Legacy Inc. now owns 2,394 shares of the aerospace company’s stock worth $3,184,000 after buying an additional 8 shares during the last quarter. Institutional investors and hedge funds own 95.78% of the company’s stock.
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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