Insider Selling: TransDigm Group Incorporated (NYSE:TDG) COO Sells 3,000 Shares of Stock

TransDigm Group Incorporated (NYSE:TDG - Get Free Report) COO Joel Reiss sold 3,000 shares of TransDigm Group stock in a transaction dated Monday, April 15th. The shares were sold at an average price of $1,233.10, for a total value of $3,699,300.00. Following the transaction, the chief operating officer now directly owns 3,600 shares in the company, valued at approximately $4,439,160. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

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

• On Friday, March 15th, Joel Reiss sold 3,000 shares of TransDigm Group stock. The shares were sold at an average price of $1,172.26, for a total value of $3,516,780.00.
• On Thursday, February 15th, Joel Reiss sold 3,000 shares of TransDigm Group stock. The shares were sold at an average price of $1,140.48, for a total value of $3,421,440.00.

TransDigm Group Trading Up 0.2 %

TDG stock traded up $2.55 during trading on Wednesday, hitting $1,225.70. 146,275 shares of the stock traded hands, compared to its average volume of 207,478. TransDigm Group Incorporated has a one year low of $741.74 and a one year high of $1,248.39. The stock has a market cap of $68.16 billion, a price-to-earnings ratio of 51.87, a P/E/G ratio of 2.46 and a beta of 1.42. The company has a 50 day simple moving average of $1,188.11 and a 200 day simple moving average of $1,041.08.

TransDigm Group (NYSE:TDG - Get Free Report) last issued its quarterly earnings results on Thursday, February 8th. The aerospace company reported $7.16 EPS for the quarter, topping the consensus estimate of $6.41 by $0.75. TransDigm Group had a net margin of 20.80% and a negative return on equity of 59.61%. The company had revenue of $1.79 billion during the quarter, compared to analysts' expectations of $1.68 billion. During the same quarter in the previous year, the company earned $4.15 EPS. TransDigm Group's revenue was up 28.1% on a year-over-year basis. As a group, analysts predict that TransDigm Group Incorporated will post 29.03 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Compagnie Lombard Odier SCmA bought a new position in TransDigm Group during the 4th quarter worth approximately $25,000. Oakworth Capital Inc. bought a new position in TransDigm Group in the fourth quarter valued at approximately $26,000. Oliver Lagore Vanvalin Investment Group lifted its stake in TransDigm Group by 48.0% in the fourth quarter. Oliver Lagore Vanvalin Investment Group now owns 37 shares of the aerospace company's stock valued at $38,000 after buying an additional 12 shares in the last quarter. VisionPoint Advisory Group LLC bought a new position in TransDigm Group in the fourth quarter valued at approximately $37,000. Finally, International Assets Investment Management LLC bought a new position in TransDigm Group in the third quarter valued at approximately $36,000. Institutional investors own 95.78% of the company's stock.

Analysts Set New Price Targets

TDG has been the topic of several analyst reports. Stifel Nicolaus increased their price target on shares of TransDigm Group from $1,100.00 to $1,200.00 and gave the stock a "hold" rating in a research note on Wednesday. JPMorgan Chase & Co. increased their price target on shares of TransDigm Group from $1,050.00 to $1,175.00 and gave the stock a "neutral" rating in a research note on Wednesday, March 27th. StockNews.com upgraded shares of TransDigm Group from a "hold" rating to a "buy" rating in a research note on Tuesday, April 9th. The Goldman Sachs Group increased their price target on shares of TransDigm Group from $1,285.00 to $1,518.00 and gave the stock a "buy" rating in a research note on Tuesday. Finally, KeyCorp increased their price target on shares of TransDigm Group from $1,180.00 to $1,220.00 and gave the stock an "overweight" rating in a research note on Thursday, February 15th. Six equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $1,163.27.

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.