TransDigm Group VP Robert S. Henderson Unloads 25,000 Shares (TDG)
TransDigm Group (NYSE:TDG) VP Robert S. Henderson unloaded 25,000 shares of TransDigm Group stock in a transaction that occurred on Tuesday, August 26th. The stock was sold at an average price of $188.19, for a total value of $4,704,750.00. Following the completion of the sale, the vice president now directly owns 8,500 shares in the company, valued at approximately $1,599,615. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Shares of TransDigm Group (NYSE:TDG) traded up 0.14% on Wednesday, hitting $188.18. 292,675 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 $173.6 and a 200-day moving average of $178.0. The company has a market cap of $9.919 billion and a price-to-earnings ratio of 175.62.
TransDigm Group (NYSE:TDG) last released its earnings data 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. Analysts expect that TransDigm Group will post $7.57 EPS for the current fiscal year.
A number of analysts have recently weighed in on TDG shares. Analysts at Zacks reiterated a “neutral” rating on shares of TransDigm Group in a research note on Friday, August 8th. 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 analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $193.00.
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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