Transdigm Group (NYSE:TDG) COO Sells 3,900 Shares of Stock

Transdigm Group Incorporated (NYSE:TDG) COO Joel Reiss sold 3,900 shares of the business’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $1,276.78, for a total value of $4,979,442.00. Following the sale, the chief operating officer owned 3,600 shares in the company, valued at approximately $4,596,408. This trade represents a 52.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Joel Reiss also recently made the following trade(s):

• On Friday, May 15th, Joel Reiss sold 3,900 shares of Transdigm Group stock. The shares were sold at an average price of $1,154.09, for a total transaction of $4,500,951.00.
• On Wednesday, April 15th, Joel Reiss sold 3,900 shares of Transdigm Group stock. The stock was sold at an average price of $1,280.46, for a total transaction of $4,993,794.00.

Transdigm Group Stock Up 0.3%

Shares of Transdigm Group stock opened at $1,332.12 on Friday. The stock has a market cap of $74.51 billion, a price-to-earnings ratio of 41.58, a P/E/G ratio of 2.31 and a beta of 0.91. Transdigm Group Incorporated has a twelve month low of $1,123.61 and a twelve month high of $1,623.82. The company’s fifty day moving average is $1,224.66 and its 200 day moving average is $1,276.43.

Transdigm Group (NYSE:TDG) last announced its earnings results on Tuesday, May 5th. The aerospace company reported $9.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $9.46 by $0.39. The business had revenue of $2.54 billion during the quarter, compared to analyst estimates of $2.47 billion. Transdigm Group had a negative return on equity of 26.49% and a net margin of 20.24%.Transdigm Group’s revenue for the quarter was up 18.3% compared to the same quarter last year. During the same period last year, the company earned $9.11 EPS. Transdigm Group has set its FY 2026 guidance at 38.830-40.210 EPS. As a group, equities analysts anticipate that Transdigm Group Incorporated will post 37.99 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the stock. Wells Fargo & Company initiated coverage on shares of Transdigm Group in a research report on Wednesday, April 1st. They issued an “equal weight” rating and a $1,200.00 price target on the stock. Susquehanna dropped their target price on shares of Transdigm Group from $1,400.00 to $1,350.00 and set a “neutral” rating on the stock in a report on Wednesday, May 6th. UBS Group cut their price target on shares of Transdigm Group from $1,745.00 to $1,645.00 and set a “buy” rating on the stock in a research report on Wednesday, May 6th. TD Cowen decreased their price target on Transdigm Group from $1,565.00 to $1,450.00 and set a “buy” rating for the company in a report on Wednesday, April 8th. Finally, Royal Bank Of Canada lowered their price objective on Transdigm Group from $1,400.00 to $1,350.00 and set a “sector perform” rating for the company in a research report on Wednesday, May 6th. Ten analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $1,525.06.

Institutional Trading of Transdigm Group

Several large investors have recently modified their holdings of TDG. Ares Financial Consulting LLC bought a new position in Transdigm Group during the fourth quarter worth $25,000. Elyxium Wealth LLC bought a new stake in Transdigm Group in the fourth quarter valued at $25,000. MCF Advisors LLC increased its stake in Transdigm Group by 900.0% in the fourth quarter. MCF Advisors LLC now owns 20 shares of the aerospace company’s stock valued at $27,000 after purchasing an additional 18 shares in the last quarter. Transamerica Financial Advisors LLC raised its holdings in shares of Transdigm Group by 1,900.0% during the fourth quarter. Transamerica Financial Advisors LLC now owns 20 shares of the aerospace company’s stock valued at $27,000 after purchasing an additional 19 shares during the period. Finally, Colonial Trust Co SC boosted its position in shares of Transdigm Group by 162.5% during the 4th quarter. Colonial Trust Co SC now owns 21 shares of the aerospace company’s stock worth $29,000 after purchasing an additional 13 shares in the last quarter. Institutional investors and hedge funds own 95.78% of the company’s stock.

About Transdigm Group

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.