TransDigm Group Incorporated (NYSE:TDG) CFO Sarah Wynne Sells 3,200 Shares

TransDigm Group Incorporated (NYSE:TDG - Get Free Report) CFO Sarah Wynne sold 3,200 shares of the business's stock in a transaction on Thursday, June 12th. The stock was sold at an average price of $1,452.15, for a total value of $4,646,880.00. Following the completion of the sale, the chief financial officer now directly owns 3,400 shares in the company, valued at $4,937,310. This trade represents a 48.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

TransDigm Group Price Performance

Shares of NYSE TDG traded up $16.87 during midday trading on Friday, reaching $1,452.71. 106,198 shares of the stock traded hands, compared to its average volume of 262,360. The company's 50 day moving average is $1,394.11 and its 200 day moving average is $1,342.01. TransDigm Group Incorporated has a one year low of $1,176.31 and a one year high of $1,488.54. The stock has a market capitalization of $81.59 billion, a PE ratio of 51.24, a P/E/G ratio of 2.76 and a beta of 1.05.

TransDigm Group (NYSE:TDG - Get Free Report) last posted its quarterly earnings data on Tuesday, May 6th. The aerospace company reported $9.11 earnings per share (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 business had revenue of $2.15 billion during the quarter, compared to analyst estimates of $2.17 billion. During the same period last year, the company earned $7.99 EPS. The company's revenue for the quarter was up 12.0% on a year-over-year basis. As a group, equities analysts forecast that TransDigm Group Incorporated will post 35.13 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Bruce G. Allen Investments LLC increased its stake in TransDigm Group by 111.1% in the 1st quarter. Bruce G. Allen Investments LLC now owns 19 shares of the aerospace company's stock worth $26,000 after buying an additional 10 shares during the period. Winch Advisory Services LLC increased its holdings in TransDigm Group by 53.8% during the first quarter. Winch Advisory Services LLC now owns 20 shares of the aerospace company's stock valued at $28,000 after buying an additional 7 shares during the period. Saudi Central Bank bought a new position in shares of TransDigm Group in the 1st quarter worth $30,000. Capital Advisors Ltd. LLC lifted its position in shares of TransDigm Group by 200.0% during the fourth quarter. Capital Advisors Ltd. LLC now owns 24 shares of the aerospace company's stock valued at $30,000 after buying an additional 16 shares during the last quarter. Finally, Park Square Financial Group LLC acquired a new stake in TransDigm Group in the fourth quarter valued at approximately $32,000. Institutional investors own 95.78% of the company's stock.

Analyst Ratings Changes

TDG has been the topic of several recent analyst reports. Wells Fargo & Company increased their target price on TransDigm Group from $1,375.00 to $1,540.00 and gave the company an "overweight" rating in a research note on Thursday, May 8th. Wall Street Zen raised TransDigm Group from a "hold" rating to a "buy" rating in a research report on Saturday, May 17th. UBS Group lifted their price objective on TransDigm Group from $1,451.00 to $1,645.00 and gave the stock a "buy" rating in a report on Wednesday, May 7th. Susquehanna upped their target price on shares of TransDigm Group from $1,250.00 to $1,300.00 and gave the company a "neutral" rating in a research note on Wednesday, April 2nd. Finally, Northcoast Research raised shares of 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. Four analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to MarketBeat.com, TransDigm Group currently has a consensus rating of "Moderate Buy" and an average price target of $1,505.23.

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.