Rep. Jefferson Shreve Buys TransDigm Group Incorporated (NYSE:TDG) Shares

Representative Jefferson Shreve (R-Indiana) recently bought shares of TransDigm Group Incorporated NYSE: TDG. In a filing disclosed on May 08th, the Representative disclosed that they had bought between $15,001 and $50,000 in TransDigm Group stock on April 7th. The trade occurred in the Representative's "CRT - STANDARD UNIT TRUST" account.

Representative Jefferson Shreve also recently made the following trade(s):

• Purchased $50,001 - $100,000 in shares of Chipotle Mexican Grill NYSE: CMG on 4/17/2025.
• Purchased $50,001 - $100,000 in shares of Applied Materials NASDAQ: AMAT on 4/17/2025.
• Purchased $15,001 - $50,000 in shares of Caterpillar NYSE: CAT on 4/17/2025.
• Sold $15,001 - $50,000 in shares of Lululemon Athletica NASDAQ: LULU on 4/17/2025.
• Purchased $15,001 - $50,000 in shares of Western Digital NASDAQ: WDC on 4/17/2025.
• Sold $15,001 - $50,000 in shares of Zoetis NYSE: ZTS on 4/17/2025.
• Purchased $15,001 - $50,000 in shares of Stryker NYSE: SYK on 4/17/2025.
• Purchased $15,001 - $50,000 in shares of NextEra Energy NYSE: NEE on 4/17/2025.
• Purchased $15,001 - $50,000 in shares of CSX NASDAQ: CSX on 4/17/2025.
• Purchased $15,001 - $50,000 in shares of Ross Stores NASDAQ: ROST on 4/17/2025.

TransDigm Group Stock Up 0.4%

Shares of NYSE TDG traded up $5.57 during midday trading on Thursday, hitting $1,396.76. The stock had a trading volume of 25,720 shares, compared to its average volume of 258,999. TransDigm Group Incorporated has a 1 year low of $1,176.31 and a 1 year high of $1,488.54. The company has a market capitalization of $78.45 billion, a PE ratio of 49.16, a P/E/G ratio of 2.76 and a beta of 1.09. The stock has a 50 day simple moving average of $1,357.02 and a 200-day simple moving average of $1,323.08.

TransDigm Group (NYSE:TDG - Get Free Report) last posted its quarterly earnings results on Tuesday, May 6th. The aerospace company reported $9.11 EPS for the quarter, beating the consensus estimate of $8.83 by $0.28. TransDigm Group had a negative return on equity of 42.87% and a net margin of 20.76%. The firm had revenue of $2.15 billion during the quarter, compared to analysts' expectations of $2.17 billion. During the same quarter last year, the firm earned $7.99 earnings per share. The business's revenue for the quarter was up 12.0% on a year-over-year basis. As a group, analysts expect that TransDigm Group Incorporated will post 35.13 earnings per share for the current fiscal year.

Insider Buying and Selling at TransDigm Group

In other TransDigm Group news, Director W Nicholas Howley sold 49,241 shares of the business's stock in a transaction on Monday, May 5th. The shares were sold at an average price of $1,475.85, for a total transaction of $72,672,329.85. Following the sale, the director now directly owns 21,548 shares of the company's stock, valued at $31,801,615.80. The trade was a 69.56% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Joel Reiss sold 3,000 shares of the business's stock in a transaction on Thursday, February 20th. The shares were sold at an average price of $1,323.02, for a total transaction of $3,969,060.00. Following the sale, the chief operating officer now directly owns 3,600 shares in the company, valued at approximately $4,762,872. This trade represents a 45.45% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 154,135 shares of company stock valued at $213,040,986. Corporate insiders own 4.09% of the company's stock.

Hedge Funds Weigh In On TransDigm Group

A number of hedge funds and other institutional investors have recently bought and sold shares of TDG. JPMorgan Chase & Co. boosted its position in shares of TransDigm Group by 9.5% during the third quarter. JPMorgan Chase & Co. now owns 1,997,827 shares of the aerospace company's stock worth $2,851,160,000 after buying an additional 173,642 shares during the period. Triasima Portfolio Management inc. acquired a new stake in TransDigm Group in the fourth quarter worth approximately $911,000. Chicago Capital LLC lifted its position in TransDigm Group by 0.5% in the fourth quarter. Chicago Capital LLC now owns 51,740 shares of the aerospace company's stock worth $65,568,000 after purchasing an additional 261 shares during the period. Itau Unibanco Holding S.A. lifted its position in TransDigm Group by 89.7% in the fourth quarter. Itau Unibanco Holding S.A. now owns 3,284 shares of the aerospace company's stock worth $4,202,000 after purchasing an additional 1,553 shares during the period. Finally, CIBC Asset Management Inc lifted its position in TransDigm Group by 4.7% in the fourth quarter. CIBC Asset Management Inc now owns 8,554 shares of the aerospace company's stock worth $10,840,000 after purchasing an additional 385 shares during the period. 95.78% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on TDG. Susquehanna lifted their price target on TransDigm Group from $1,250.00 to $1,300.00 and gave the stock a "neutral" rating in a report on Wednesday, April 2nd. Wells Fargo & Company increased their target price on TransDigm Group from $1,375.00 to $1,540.00 and gave the stock an "overweight" rating in a research note on Thursday, May 8th. Northcoast Research upgraded TransDigm Group from a "neutral" rating to a "buy" rating and set a $1,500.00 price target on the stock in a report on Wednesday, April 9th. StockNews.com cut TransDigm Group from a "buy" rating to a "hold" rating in a report on Friday, May 9th. Finally, Truist Financial lowered their target price on TransDigm Group from $1,534.00 to $1,490.00 and set a "buy" rating on the stock in a report on Thursday, April 17th. Six research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $1,490.20.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana's 6th Congressional District. He declared candidacy for the 2026 election. Email editor@ballotpedia.org to notify us of updates to this biography. Jefferson Shreve earned a bachelor's degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve's career experience includes working as a real estate executive. Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

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.