Concurrent Investment Advisors LLC Sells 1,035 Shares of Transdigm Group Incorporated $TDG

Concurrent Investment Advisors LLC reduced its stake in Transdigm Group Incorporated (NYSE:TDG - Free Report) by 50.9% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 997 shares of the aerospace company's stock after selling 1,035 shares during the quarter. Concurrent Investment Advisors LLC's holdings in Transdigm Group were worth $1,328,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the stock. Elyxium Wealth LLC acquired a new position in shares of Transdigm Group in the 4th quarter worth approximately $25,000. Burkett Financial Services LLC acquired a new stake in shares of Transdigm Group during the second quarter worth $25,000. MCF Advisors LLC raised its stake in 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 during the last quarter. Transamerica Financial Advisors LLC raised its stake in 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 during the last quarter. Finally, Colonial Trust Co SC lifted its holdings in Transdigm Group by 162.5% in the fourth quarter. Colonial Trust Co SC now owns 21 shares of the aerospace company's stock valued at $29,000 after buying an additional 13 shares during the period. 95.78% of the stock is currently owned by institutional investors.

Insider Transactions at Transdigm Group

In related news, Director W. Howley sold 10,132 shares of the company's stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $1,236.28, for a total transaction of $12,525,988.96. Following the transaction, the director directly owned 21,548 shares of the company's stock, valued at approximately $26,639,361.44. This represents a 31.98% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Joel Reiss sold 3,900 shares of the stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $1,238.76, for a total value of $4,831,164.00. Following the completion of the transaction, the chief operating officer owned 3,600 shares in the company, valued at approximately $4,459,536. The trade was a 52.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 38,196 shares of company stock valued at $48,027,598 over the last ninety days. 3.20% of the stock is currently owned by corporate insiders.

Transdigm Group Trading Down 0.0%

NYSE:TDG opened at $1,125.41 on Friday. The stock has a market capitalization of $62.94 billion, a price-to-earnings ratio of 34.14, a PEG ratio of 1.87 and a beta of 0.91. The firm has a fifty day simple moving average of $1,227.47 and a two-hundred day simple moving average of $1,232.16. Transdigm Group Incorporated has a 12 month low of $1,119.62 and a 12 month high of $1,463.03.

Transdigm Group (NYSE:TDG - Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The aerospace company reported $10.87 earnings per share for the quarter, beating the consensus estimate of $10.30 by $0.57. The firm had revenue of $2.74 billion during the quarter, compared to the consensus estimate of $2.68 billion. Transdigm Group had a net margin of 19.69% and a negative return on equity of 23.65%. The business's revenue was up 22.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $9.60 earnings per share. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. Equities analysts predict that Transdigm Group Incorporated will post 38.81 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have commented on TDG shares. JPMorgan Chase & Co. upped their price target on shares of Transdigm Group from $1,440.00 to $1,450.00 and gave the company a "neutral" rating in a research report on Monday, June 15th. UBS Group lifted their price objective on Transdigm Group from $1,585.00 to $1,695.00 and gave the stock a "buy" rating in a research report on Wednesday, August 5th. Wall Street Zen downgraded Transdigm Group from a "buy" rating to a "hold" rating in a research note on Monday, July 20th. BNP Paribas Exane decreased 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. Finally, Stifel Nicolaus reaffirmed a "hold" rating and set a $1,405.00 target price (down from $1,525.00) on shares of Transdigm Group in a research note on Wednesday, August 5th. Six investment analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $1,463.71.

Transdigm Group Profile

TransDigm Group Incorporated NYSE: TDG designs, produces and supplies aircraft components, systems and related aftermarket services. The company focuses primarily on proprietary aerospace products, including mechanical and electromechanical actuators, ignition systems, pumps, valves, sensors, cockpit and data-acquisition systems, power-conditioning equipment, lighting, lavatory components, seat belts and cargo-loading systems.

TransDigm serves commercial and regional airlines, business and general aviation operators, aircraft manufacturers and military customers.

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