Insider Selling: TransDigm Group Incorporated (NYSE:TDG) Director Sells 3,650 Shares of Stock

TransDigm Group Incorporated (NYSE:TDG) Director Robert J. Small sold 3,650 shares of the company’s stock in a transaction dated Friday, February 14th. The stock was sold at an average price of $1,322.19, for a total transaction of $4,825,993.50. Following the completion of the transaction, the director now owns 15,539 shares in the company, valued at approximately $20,545,510.41. The trade was a 19.02 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

TransDigm Group Price Performance

Shares of TDG stock traded down $14.54 during mid-day trading on Tuesday, hitting $1,299.66. 281,041 shares of the stock traded hands, compared to its average volume of 268,438. The stock has a market cap of $72.88 billion, a P/E ratio of 45.84, a P/E/G ratio of 2.86 and a beta of 1.40. The stock’s fifty day moving average is $1,301.98 and its two-hundred day moving average is $1,318.55. TransDigm Group Incorporated has a 52-week low of $1,136.27 and a 52-week high of $1,451.32.

TransDigm Group (NYSE:TDG) last released its quarterly earnings results on Tuesday, February 4th. The aerospace company reported $7.57 EPS for the quarter, beating the consensus estimate of $6.73 by $0.84. The business had revenue of $2.01 billion during the quarter, compared to analyst estimates of $2.03 billion. TransDigm Group had a net margin of 20.76% and a negative return on equity of 42.87%. The company’s quarterly revenue was up 12.1% on a year-over-year basis. During the same period in the prior year, the firm posted $7.16 earnings per share. As a group, equities analysts forecast that TransDigm Group Incorporated will post 34.11 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on TDG shares. StockNews.com upgraded shares of TransDigm Group from a “hold” rating to a “buy” rating in a report on Wednesday, January 8th. Wells Fargo & Company upgraded shares of TransDigm Group from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $1,375.00 to $1,500.00 in a report on Friday, February 7th. Barclays restated an “equal weight” rating and issued a $1,500.00 price target on shares of TransDigm Group in a report on Monday, January 6th. KeyCorp upped their price target on shares of TransDigm Group from $1,440.00 to $1,500.00 and gave the stock an “overweight” rating in a report on Thursday, October 24th. Finally, Deutsche Bank Aktiengesellschaft cut shares of TransDigm Group from a “buy” rating to a “hold” rating and dropped their target price for the stock from $1,444.00 to $1,348.00 in a report on Thursday, January 2nd. Seven research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. According to MarketBeat, TransDigm Group presently has an average rating of “Moderate Buy” and a consensus price target of $1,462.35.

Hedge Funds Weigh In On TransDigm Group

Several hedge funds and other institutional investors have recently modified their holdings of TDG. First Personal Financial Services purchased a new position in shares of TransDigm Group in the 3rd quarter valued at approximately $29,000. Erste Asset Management GmbH purchased a new position in shares of TransDigm Group in the 3rd quarter valued at approximately $29,000. Capital Advisors Ltd. LLC raised its position in shares of TransDigm Group by 200.0% in the 4th quarter. Capital Advisors Ltd. LLC now owns 24 shares of the aerospace company’s stock valued at $30,000 after purchasing an additional 16 shares during the last quarter. Trust Co. of Vermont raised its position in shares of TransDigm Group by 150.0% in the 4th quarter. Trust Co. of Vermont now owns 25 shares of the aerospace company’s stock valued at $32,000 after purchasing an additional 15 shares during the last quarter. Finally, Versant Capital Management Inc raised its position in shares of TransDigm Group by 225.0% in the 4th quarter. Versant Capital Management Inc now owns 26 shares of the aerospace company’s stock valued at $33,000 after purchasing an additional 18 shares during the last quarter. 95.78% of the stock is owned by hedge funds and other institutional investors.

About TransDigm Group

TransDigm Group Incorporated designs, produces, and supplies aircraft components in the United States and internationally. The Power & Control segment offers mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, specialized pumps and valves, power conditioning devices, specialized AC/DC electric motors and generators, batteries and chargers, databus and power controls, sensor products, switches and relay panels, hoists, winches and lifting devices, and cargo loading and handling systems.