TransDigm Group Incorporated (TDG) Insider Sells $1,528,947.40 in Stock

TransDigm Group Incorporated (NYSE:TDG) insider Alex Feil sold 5,444 shares of the firm’s stock in a transaction on Friday, February 9th. The shares were sold at an average price of $280.85, for a total value of $1,528,947.40. Following the completion of the sale, the insider now directly owns 5,444 shares of the company’s stock, valued at approximately $1,528,947.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Shares of TransDigm Group Incorporated (TDG) traded up $4.97 during mid-day trading on Monday, hitting $287.52. The stock had a trading volume of 257,835 shares, compared to its average volume of 486,412. TransDigm Group Incorporated has a twelve month low of $203.72 and a twelve month high of $321.38. The stock has a market capitalization of $14,748.07, a PE ratio of 23.27, a P/E/G ratio of 1.62 and a beta of 0.66. The company has a current ratio of 2.76, a quick ratio of 1.86 and a debt-to-equity ratio of -4.38.

TransDigm Group (NYSE:TDG) last announced its quarterly earnings results on Tuesday, February 6th. The aerospace company reported $2.43 earnings per share for the quarter, missing analysts’ consensus estimates of $2.64 by ($0.21). TransDigm Group had a net margin of 18.95% and a negative return on equity of 27.70%. The firm had revenue of $847.96 million during the quarter, compared to analysts’ expectations of $860.12 million. During the same quarter in the prior year, the business earned $2.57 EPS. The company’s quarterly revenue was up 4.2% compared to the same quarter last year. analysts forecast that TransDigm Group Incorporated will post 14.92 EPS for the current year.

A number of research firms have commented on TDG. Bank of America raised their target price on TransDigm Group from $305.00 to $350.00 and gave the company a “buy” rating in a report on Thursday. Robert W. Baird raised their target price on TransDigm Group from $300.00 to $320.00 and gave the company an “outperform” rating in a report on Wednesday, February 7th. Stephens raised TransDigm Group from an “underweight” rating to an “equal weight” rating and set a $275.00 target price for the company in a report on Thursday. Jefferies Group set a $323.00 target price on TransDigm Group and gave the company a “hold” rating in a report on Wednesday, February 7th. Finally, Morgan Stanley raised their target price on TransDigm Group from $265.00 to $290.00 and gave the company an “equal weight” rating in a report on Friday. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the stock. TransDigm Group presently has an average rating of “Buy” and a consensus target price of $309.94.

A number of institutional investors have recently bought and sold shares of TDG. Migdal Insurance & Financial Holdings Ltd. increased its position in TransDigm Group by 1,843.6% during the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 191,538 shares of the aerospace company’s stock worth $5,698,000 after purchasing an additional 181,683 shares in the last quarter. Windacre Partnership LLC increased its position in TransDigm Group by 20.4% during the 3rd quarter. Windacre Partnership LLC now owns 773,100 shares of the aerospace company’s stock worth $197,643,000 after purchasing an additional 131,000 shares in the last quarter. Mar Vista Investment Partners LLC increased its position in TransDigm Group by 56.7% during the 4th quarter. Mar Vista Investment Partners LLC now owns 349,160 shares of the aerospace company’s stock worth $95,886,000 after purchasing an additional 126,307 shares in the last quarter. Ameriprise Financial Inc. increased its position in TransDigm Group by 54.8% during the 3rd quarter. Ameriprise Financial Inc. now owns 268,258 shares of the aerospace company’s stock worth $68,580,000 after purchasing an additional 95,016 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its position in TransDigm Group by 25.1% during the 4th quarter. Bank of New York Mellon Corp now owns 414,268 shares of the aerospace company’s stock worth $113,765,000 after purchasing an additional 83,180 shares in the last quarter.

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TransDigm Group Company Profile

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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