Transdigm Group (NYSE:TDG) COO Sells $4,624,964.00 in Stock

Key Points

• COO Joel Reiss sold 4,100 TransDigm shares for approximately $4.62 million at an average price of $1,128.04, reducing his holdings by 53.25% to 3,600 shares. He also sold shares in September and August.
• TransDigm reported quarterly EPS of $10.87, beating estimates by $0.57, while revenue rose 22.5% year over year to $2.74 billion. The stock was trading near $1,138.65, below its 12-month high of $1,463.03.
• Analyst sentiment is broadly cautious, with an average rating of “Hold” and an average price target of $1,431.40 after several firms lowered targets. Institutional investors own approximately 95.78% of the company’s shares.

Transdigm Group Incorporated (NYSE:TDG - Get Free Report) COO Joel Reiss sold 4,100 shares of the firm's stock in a transaction on Thursday, October 15th. The shares were sold at an average price of $1,128.04, for a total value of $4,624,964.00. Following the transaction, the chief operating officer owned 3,600 shares in the company, valued at approximately $4,060,944. This represents a 53.25% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

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

• On Tuesday, September 15th, Joel Reiss sold 3,900 shares of Transdigm Group stock. The stock was sold at an average price of $1,094.58, for a total transaction of $4,268,862.00.
• On Monday, August 17th, Joel Reiss sold 3,900 shares of Transdigm Group stock. The stock was sold at an average price of $1,238.76, for a total transaction of $4,831,164.00.

Transdigm Group Stock Performance

Transdigm Group stock traded up $4.41 during midday trading on Friday, hitting $1,138.65. 394,853 shares of the company's stock were exchanged, compared to its average volume of 392,760. Transdigm Group Incorporated has a 12 month low of $1,071.25 and a 12 month high of $1,463.03. The firm has a 50-day moving average of $1,148.08 and a two-hundred day moving average of $1,207.32. The company has a market cap of $63.68 billion, a PE ratio of 34.55, a P/E/G ratio of 1.57 and a beta of 0.96.

Transdigm Group (NYSE:TDG - Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The aerospace company reported $10.87 EPS for the quarter, beating the consensus estimate of $10.30 by $0.57. Transdigm Group had a net margin of 19.69% and a negative return on equity of 23.65%. The business had revenue of $2.74 billion during the quarter, compared to analyst estimates of $2.68 billion. During the same quarter in the previous year, the business posted $9.60 EPS. The company's quarterly revenue was up 22.5% compared to the same quarter last year. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. As a group, equities analysts expect that Transdigm Group Incorporated will post 38.88 earnings per share for the current year.

Institutional Trading of Transdigm Group

Several hedge funds and other institutional investors have recently made changes to their positions in the business. BlackRock Inc. purchased a new position in Transdigm Group during the 2nd quarter worth $6,489,039,000. State Street Corp raised its stake in Transdigm Group by 1.7% in the second quarter. State Street Corp now owns 2,559,096 shares of the aerospace company's stock valued at $3,408,818,000 after buying an additional 42,490 shares during the last quarter. Soroban Capital Partners LP boosted its holdings in Transdigm Group by 14.5% in the first quarter. Soroban Capital Partners LP now owns 856,197 shares of the aerospace company's stock worth $992,298,000 after acquiring an additional 108,227 shares in the last quarter. Stockbridge Partners LLC acquired a new stake in Transdigm Group in the second quarter worth about $578,480,000. Finally, Primecap Management Co. CA purchased a new stake in shares of Transdigm Group during the second quarter worth about $546,425,000. Hedge funds and other institutional investors own 95.78% of the company's stock.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. The Goldman Sachs Group reduced their price target on Transdigm Group from $1,972.00 to $1,745.00 and set a "buy" rating for the company in a research report on Monday. Wells Fargo & Company dropped their price objective on Transdigm Group from $1,450.00 to $1,210.00 and set an "equal weight" rating on the stock in a research report on Wednesday, September 30th. Wall Street Zen lowered Transdigm Group from a "buy" rating to a "hold" rating in a research note on Monday, July 20th. Melius Research reiterated a "hold" rating and issued a $1,331.00 target price on shares of Transdigm Group in a research note on Monday, September 14th. Finally, Guggenheim began coverage on shares of Transdigm Group in a report on Tuesday, September 15th. They issued a "neutral" rating for the company. Five investment analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of "Hold" and an average price target of $1,431.40.

Transdigm Group Company Profile

TransDigm Group Incorporated is an aerospace manufacturing company that designs, produces and supplies highly engineered aircraft components, systems and related products. Its offerings include engine and airframe components, ignition systems, pumps, valves, cockpit and cabin equipment, data and control systems, and other specialized products used on commercial, business, general aviation and military aircraft.

The company serves both original equipment manufacturers and the aftermarket.

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