Transdigm Group Incorporated (TDG) Insider Sells $1,640,377.00 in Stock

Transdigm Group Incorporated (NYSE:TDG) insider Jorge Valladares sold 5,900 shares of the company’s stock in a transaction dated Friday, July 14th. The shares were sold at an average price of $278.03, for a total transaction of $1,640,377.00. Following the completion of the transaction, the insider now directly owns 14,900 shares of the company’s stock, valued at $4,142,647. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Jorge Valladares also recently made the following trade(s):

  • On Wednesday, July 12th, Jorge Valladares sold 100 shares of Transdigm Group stock. The shares were sold at an average price of $276.00, for a total transaction of $27,600.00.
  • On Monday, June 12th, Jorge Valladares sold 6,000 shares of Transdigm Group stock. The shares were sold at an average price of $265.53, for a total transaction of $1,593,180.00.
  • On Monday, April 24th, Jorge Valladares sold 6,000 shares of Transdigm Group stock. The shares were sold at an average price of $245.00, for a total transaction of $1,470,000.00.

Transdigm Group Incorporated (TDG) traded down 0.58% during midday trading on Friday, reaching $273.11. 241,138 shares of the company traded hands. The firm has a market capitalization of $14.18 billion, a price-to-earnings ratio of 30.35 and a beta of 0.56. Transdigm Group Incorporated has a 12 month low of $203.72 and a 12 month high of $295.00. The firm’s 50 day moving average price is $278.08 and its 200 day moving average price is $254.42.

Transdigm Group (NYSE:TDG) last released its quarterly earnings results on Tuesday, August 8th. The aerospace company reported $3.30 EPS for the quarter, beating the Zacks’ consensus estimate of $2.98 by $0.32. The firm had revenue of $907.67 million for the quarter, compared to analyst estimates of $903.99 million. Transdigm Group had a net margin of 14.47% and a negative return on equity of 40.12%. The company’s revenue for the quarter was up 13.8% compared to the same quarter last year. During the same period in the previous year, the business earned $3.09 earnings per share. On average, analysts expect that Transdigm Group Incorporated will post $12.30 earnings per share for the current year.

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A number of institutional investors have recently added to or reduced their stakes in TDG. Tiger Global Management LLC increased its position in shares of Transdigm Group by 57.4% in the second quarter. Tiger Global Management LLC now owns 4,000,000 shares of the aerospace company’s stock worth $1,075,480,000 after buying an additional 1,459,272 shares in the last quarter. Valinor Management L.P. bought a new position in shares of Transdigm Group during the first quarter worth $113,220,000. Capital International Investors increased its position in shares of Transdigm Group by 51.8% in the second quarter. Capital International Investors now owns 1,332,593 shares of the aerospace company’s stock worth $358,294,000 after buying an additional 454,568 shares in the last quarter. TimesSquare Capital Management LLC increased its position in shares of Transdigm Group by 146.8% in the first quarter. TimesSquare Capital Management LLC now owns 661,625 shares of the aerospace company’s stock worth $145,663,000 after buying an additional 393,525 shares in the last quarter. Finally, Morgan Stanley increased its position in shares of Transdigm Group by 37.7% in the first quarter. Morgan Stanley now owns 1,408,740 shares of the aerospace company’s stock worth $310,149,000 after buying an additional 385,775 shares in the last quarter.

A number of equities analysts have weighed in on TDG shares. Canaccord Genuity reissued a “buy” rating and issued a $300.00 price objective on shares of Transdigm Group in a research report on Saturday, April 22nd. Zacks Investment Research raised shares of Transdigm Group from a “sell” rating to a “hold” rating in a research report on Monday, April 24th. Jefferies Group LLC reaffirmed a “buy” rating and set a $298.00 price target on shares of Transdigm Group in a research report on Monday, May 8th. Royal Bank Of Canada reaffirmed a “buy” rating and set a $316.00 price target on shares of Transdigm Group in a research report on Friday, May 19th. Finally, Robert W. Baird reaffirmed an “outperform” rating and set a $300.00 price target (up previously from $262.00) on shares of Transdigm Group in a research report on Tuesday, June 6th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $297.52.

About Transdigm Group

TransDigm Group Incorporated is a designer, producer and supplier of engineered aircraft components for use on commercial and military aircraft in service. The Company operates through three segments: Power & Control, Airframe and Non-aviation. The Power & Control segment includes operations that primarily develop, produce and market systems and components that provide power to or control power of the aircraft utilizing electronic, fluid, power and mechanical motion control technologies.

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

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