Insider Selling: TransDigm Group Incorporated (NYSE:TDG) Chairman Sells 20,000 Shares of Stock

TransDigm Group Incorporated (NYSE:TDG) Chairman W Nicholas Howley sold 20,000 shares of the company’s stock in a transaction on Friday, November 27th. The shares were sold at an average price of $597.14, for a total value of $11,942,800.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

W Nicholas Howley also recently made the following trade(s):

  • On Tuesday, November 24th, W Nicholas Howley sold 14,591 shares of TransDigm Group stock. The stock was sold at an average price of $611.95, for a total transaction of $8,928,962.45.
  • On Wednesday, November 18th, W Nicholas Howley sold 400 shares of TransDigm Group stock. The shares were sold at an average price of $600.01, for a total transaction of $240,004.00.
  • On Friday, November 13th, W Nicholas Howley sold 7,474 shares of TransDigm Group stock. The shares were sold at an average price of $559.76, for a total value of $4,183,646.24.
  • On Monday, November 9th, W Nicholas Howley sold 3,235 shares of TransDigm Group stock. The stock was sold at an average price of $608.10, for a total value of $1,967,203.50.
  • On Tuesday, October 13th, W Nicholas Howley sold 21,548 shares of TransDigm Group stock. The shares were sold at an average price of $473.60, for a total value of $10,205,132.80.
  • On Monday, September 14th, W Nicholas Howley sold 21,548 shares of TransDigm Group stock. The shares were sold at an average price of $508.86, for a total transaction of $10,964,915.28.

NYSE:TDG traded down $7.10 during mid-day trading on Monday, hitting $584.44. 4,298 shares of the company’s stock traded hands, compared to its average volume of 598,374. The firm has a market capitalization of $32.20 billion, a price-to-earnings ratio of 48.65, a price-to-earnings-growth ratio of 12.56 and a beta of 1.50. The firm has a 50 day moving average of $523.14 and a two-hundred day moving average of $471.78. TransDigm Group Incorporated has a 12 month low of $200.06 and a 12 month high of $673.51.

TransDigm Group (NYSE:TDG) last posted its quarterly earnings data on Thursday, November 12th. The aerospace company reported $2.89 earnings per share for the quarter, beating the consensus estimate of $1.95 by $0.94. TransDigm Group had a negative return on equity of 25.74% and a net margin of 14.24%. The company had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.09 billion. During the same period in the prior year, the business earned $5.62 earnings per share. TransDigm Group’s revenue for the quarter was down 23.9% compared to the same quarter last year. On average, equities analysts forecast that TransDigm Group Incorporated will post 12.26 earnings per share for the current year.

A number of equities research analysts have issued reports on the stock. TheStreet downgraded shares of TransDigm Group from a “b-” rating to a “c” rating in a research report on Thursday, October 1st. UBS Group increased their price objective on TransDigm Group from $645.00 to $700.00 and gave the stock a “buy” rating in a report on Wednesday, November 25th. Robert W. Baird upgraded TransDigm Group from a “neutral” rating to an “outperform” rating and boosted their target price for the company from $484.00 to $668.00 in a research note on Monday, November 16th. Morgan Stanley began coverage on TransDigm Group in a research note on Tuesday, September 8th. They set an “overweight” rating and a $772.00 price target for the company. Finally, JPMorgan Chase & Co. boosted their price target on TransDigm Group from $510.00 to $635.00 and gave the company a “neutral” rating in a research note on Tuesday, November 10th. Five analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $563.63.

A number of institutional investors have recently modified their holdings of the business. O Shaughnessy Asset Management LLC increased its holdings in shares of TransDigm Group by 50.0% during the 3rd quarter. O Shaughnessy Asset Management LLC now owns 57 shares of the aerospace company’s stock worth $27,000 after purchasing an additional 19 shares during the period. Summit X LLC acquired a new position in TransDigm Group in the 3rd quarter valued at approximately $142,000. Marshall Wace LLP bought a new stake in shares of TransDigm Group in the 1st quarter worth approximately $47,000. Cerebellum GP LLC acquired a new stake in shares of TransDigm Group during the 3rd quarter worth approximately $62,000. Finally, Pinnacle Bank increased its position in shares of TransDigm Group by 20.0% during the third quarter. Pinnacle Bank now owns 132 shares of the aerospace company’s stock valued at $63,000 after purchasing an additional 22 shares during the period. 98.61% of the stock is owned by hedge funds and other institutional investors.

TransDigm Group Company Profile

TransDigm Group Incorporated designs, produces, and supplies aircraft components in the United States and internationally. The company operates through three segments: Power & Control, Airframe, and Non-aviation. 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, databus and power controls, sensor products, switches and relay panels, hoists, winches and lifting devices, and cargo loading and handling systems.

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Insider Buying and Selling by Quarter for TransDigm Group (NYSE:TDG)

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