Insider Selling: Transdigm Group (NYSE:TDG) Director Sells 5,000 Shares of Stock

Key Points

• Director Robert Small sold 5,000 shares of Transdigm Group stock for approximately $6.38 million, resulting in a 5.65% decrease in his holdings.
• The company recently declared a special dividend of $90 per share, an increase from the previous $75 special dividend, which was paid on September 12th.
• Transdigm reported $9.60 earnings per share for its last quarter, missing analyst estimates, and has provided FY 2025 guidance of 36.330-37.150 EPS.

Transdigm Group Incorporated (NYSE:TDG - Get Free Report) Director Robert J. Small sold 5,000 shares of Transdigm Group stock in a transaction on Friday, September 12th. The shares were sold at an average price of $1,276.98, for a total value of $6,384,900.00. Following the sale, the director directly owned 83,419 shares of the company's stock, valued at approximately $106,524,394.62. The trade was a 5.65% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Transdigm Group Price Performance

TDG traded down $4.68 during trading on Friday, reaching $1,281.44. 520,191 shares of the stock traded hands, compared to its average volume of 354,813. The stock has a market cap of $72.21 billion, a price-to-earnings ratio of 42.53, a price-to-earnings-growth ratio of 2.71 and a beta of 1.03. Transdigm Group Incorporated has a fifty-two week low of $1,183.60 and a fifty-two week high of $1,623.82. The stock's 50-day simple moving average is $1,432.10 and its two-hundred day simple moving average is $1,413.77.

Transdigm Group (NYSE:TDG - Get Free Report) last released its quarterly earnings data on Tuesday, August 5th. The aerospace company reported $9.60 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $9.75 by ($0.15). The firm had revenue of $2.24 billion for the quarter, compared to analyst estimates of $2.29 billion. Transdigm Group had a net margin of 20.98% and a negative return on equity of 35.27%. Transdigm Group's revenue for the quarter was up 9.3% on a year-over-year basis. During the same period in the previous year, the business posted $9.00 EPS. Transdigm Group has set its FY 2025 guidance at 36.330-37.150 EPS. Research analysts anticipate that Transdigm Group Incorporated will post 35.13 earnings per share for the current fiscal year.

Transdigm Group Increases Dividend

The business also recently declared a special dividend, which was paid on Friday, September 12th. Shareholders of record on Tuesday, September 2nd were given a $90.00 dividend. This is an increase from Transdigm Group's previous special dividend of $75.00. The ex-dividend date of this dividend was Tuesday, September 2nd.

Hedge Funds Weigh In On Transdigm Group

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vontobel Holding Ltd. bought a new position in Transdigm Group during the first quarter valued at about $387,000. Dynamic Advisor Solutions LLC bought a new position in Transdigm Group during the first quarter valued at about $1,113,000. Sumitomo Mitsui DS Asset Management Company Ltd increased its stake in Transdigm Group by 4.6% during the first quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 8,653 shares of the aerospace company's stock valued at $11,970,000 after acquiring an additional 380 shares during the period. BNP Paribas Financial Markets increased its stake in Transdigm Group by 5.4% during the first quarter. BNP Paribas Financial Markets now owns 104,065 shares of the aerospace company's stock valued at $143,952,000 after acquiring an additional 5,369 shares during the period. Finally, Mutual Advisors LLC bought a new position in Transdigm Group during the first quarter valued at about $263,000. 95.78% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. Jefferies Financial Group reduced their price target on Transdigm Group from $1,650.00 to $1,490.00 and set a "buy" rating for the company in a research report on Wednesday. Susquehanna boosted their price target on Transdigm Group from $1,300.00 to $1,600.00 and gave the stock a "neutral" rating in a research report on Monday, July 14th. Morgan Stanley boosted their price target on Transdigm Group from $1,575.00 to $1,750.00 and gave the stock an "overweight" rating in a research report on Thursday, July 17th. KeyCorp reduced their price target on Transdigm Group from $1,700.00 to $1,600.00 and set an "overweight" rating for the company in a research report on Friday, August 8th. Finally, The Goldman Sachs Group boosted their price target on Transdigm Group from $1,526.00 to $1,709.00 and gave the stock a "buy" rating in a research report on Monday, June 23rd. Ten investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $1,599.73.

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.