Key Points
- Director W Nicholas Howley sold 10,132 TransDigm shares on May 18 at an average price of $1,180.82, totaling about $11.96 million. After the sale, he still held 21,548 shares, and his ownership fell by 31.98%.
- This was part of a recent pattern of insider selling, with Howley also selling 10,132 shares on April 20 and March 18, and 10,168 shares on February 18.
- TransDigm reported strong quarterly results, posting EPS of $9.85 versus estimates of $9.46 and revenue of $2.54 billion, up 18.3% year over year. Analysts currently rate the stock a “Moderate Buy” with a consensus target price of $1,524.18.
Transdigm Group Incorporated (NYSE:TDG - Get Free Report) Director W Nicholas Howley sold 10,132 shares of Transdigm Group stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $1,180.82, for a total transaction of $11,964,068.24. Following the completion of the sale, the director owned 21,548 shares of the company's stock, valued at approximately $25,444,309.36. The trade was a 31.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
W Nicholas Howley also recently made the following trade(s):
- On Monday, April 20th, W Nicholas Howley sold 10,132 shares of Transdigm Group stock. The shares were sold at an average price of $1,265.06, for a total transaction of $12,817,587.92.
- On Wednesday, March 18th, W Nicholas Howley sold 10,132 shares of Transdigm Group stock. The shares were sold at an average price of $1,213.05, for a total transaction of $12,290,622.60.
- On Wednesday, February 18th, W Nicholas Howley sold 10,168 shares of Transdigm Group stock. The shares were sold at an average price of $1,307.68, for a total transaction of $13,296,490.24.
Transdigm Group Trading Down 0.3%
NYSE TDG opened at $1,178.86 on Wednesday. The company has a market cap of $65.93 billion, a price-to-earnings ratio of 36.79, a PEG ratio of 2.07 and a beta of 0.90. The company has a 50 day moving average of $1,198.52 and a 200-day moving average of $1,287.59. Transdigm Group Incorporated has a 1-year low of $1,123.61 and a 1-year high of $1,623.82.
Transdigm Group (NYSE:TDG - Get Free Report) last posted its quarterly earnings results on Tuesday, May 5th. The aerospace company reported $9.85 EPS for the quarter, beating analysts' consensus estimates of $9.46 by $0.39. The business had revenue of $2.54 billion during the quarter, compared to the consensus estimate 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 quarter in the previous year, the firm earned $9.11 earnings per share. Transdigm Group has set its FY 2026 guidance at 38.830-40.210 EPS. On average, equities research analysts forecast that Transdigm Group Incorporated will post 37.82 earnings per share for the current year.
Wall Street Analysts Forecast Growth
TDG has been the subject of a number of analyst reports. Stifel Nicolaus dropped their price target on Transdigm Group from $1,650.00 to $1,525.00 and set a "buy" rating for the company in a research note on Wednesday, May 6th. BNP Paribas Exane cut their target price on Transdigm Group from $1,800.00 to $1,750.00 and set an "outperform" rating for the company in a research note on Thursday, May 14th. Susquehanna cut their target price on Transdigm Group from $1,400.00 to $1,350.00 and set a "neutral" rating for the company in a research note on Wednesday, May 6th. TD Cowen cut their target price on Transdigm Group from $1,565.00 to $1,450.00 and set a "buy" rating for the company in a research note on Wednesday, April 8th. Finally, Jefferies Financial Group upped their target price on Transdigm Group from $1,565.00 to $1,575.00 in a research note on Monday, May 11th. Ten analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $1,524.18.
Get Our Latest Stock Report on Transdigm Group
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of TDG. Ares Financial Consulting LLC acquired a new position in Transdigm Group during the fourth quarter worth about $25,000. Elyxium Wealth LLC acquired a new position in shares of Transdigm Group during the fourth quarter worth $25,000. MCF Advisors LLC increased its holdings in shares of Transdigm Group by 900.0% during the fourth quarter. MCF Advisors LLC now owns 20 shares of the aerospace company's stock worth $27,000 after buying an additional 18 shares in the last quarter. Transamerica Financial Advisors LLC increased 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 worth $27,000 after buying an additional 19 shares in the last quarter. Finally, Colonial Trust Co SC increased its holdings in shares of Transdigm Group by 162.5% during the fourth quarter. Colonial Trust Co SC now owns 21 shares of the aerospace company's stock worth $29,000 after buying an additional 13 shares in the last quarter. Institutional investors and hedge funds own 95.78% of the company's stock.
About Transdigm Group
(
Get Free Report)
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.
Further Reading
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