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TransDigm Group (NYSE:TDG) COO Raymond F. Laubenthal sold 16,205 shares of the company’s stock on the open market in a transaction dated Friday, August 8th. The shares were sold at an average price of $173.57, for a total transaction of $2,812,701.85. Following the completion of the sale, the chief operating officer now directly owns 60,000 shares of the company’s stock, valued at approximately $10,414,200. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

A number of research firms have recently commented on TDG. Analysts at Zacks reiterated a “neutral” rating on shares of TransDigm Group in a research note on Friday. They now have a $183.00 price target on the stock. Separately, analysts at RBC Capital raised their price target on shares of TransDigm Group from $170.00 to $187.00 in a research note on Wednesday, August 6th. Finally, analysts at JPMorgan Chase & Co. raised their price target on shares of TransDigm Group from $170.00 to $180.00 in a research note on Wednesday, August 6th. They now have a “neutral” rating on the stock. Three equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. TransDigm Group has an average rating of “Buy” and an average price target of $193.00.

TransDigm Group (NYSE:TDG) traded up 0.51% during mid-day trading on Monday, hitting $174.35. 318,855 shares of the company’s stock traded hands. TransDigm Group has a 52 week low of $134.48 and a 52 week high of $198.29. The stock has a 50-day moving average of $169.6 and a 200-day moving average of $177.0. The company has a market cap of $9.190 billion and a price-to-earnings ratio of 162.11.

TransDigm Group (NYSE:TDG) last posted its quarterly earnings results on Tuesday, August 5th. The company reported $2.02 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.98 by $0.04. The company had revenue of $610.60 million for the quarter, compared to the consensus estimate of $612.33 million. During the same quarter last year, the company posted $1.89 earnings per share. TransDigm Group’s revenue was up 25.0% compared to the same quarter last year. On average, analysts predict that TransDigm Group will post $7.57 earnings per share for the current fiscal year.

TransDigm Group Incorporated (NYSE:TDG), is a global designer, producer and supplier of aircraft components for use on commercial and military aircraft in service.

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