Rep. Robert Bresnahan, Jr. Sells Off Shares of TransDigm Group Incorporated (NYSE:TDG)

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of TransDigm Group Incorporated NYSE: TDG. In a filing disclosed on February 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in TransDigm Group stock on January 13th. The trade occurred in the Representative's "JOINT OWNERSHIP LPL ACCOUNT" account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Sold $15,001 - $50,000 in shares of Lowe's Companies NYSE: LOW on 2/7/2025.
• Purchased $1,001 - $15,000 in shares of ServiceNow NYSE: NOW on 2/3/2025.
• Purchased $1,001 - $15,000 in shares of Take-Two Interactive Software NASDAQ: TTWO on 2/3/2025.
• Purchased $1,001 - $15,000 in shares of Intel NASDAQ: INTC on 2/3/2025.
• Purchased $1,001 - $15,000 in shares of Alibaba Group NYSE: BABA on 1/30/2025.
• Sold $1,001 - $15,000 in shares of Microsoft NASDAQ: MSFT on 1/30/2025.
• Sold $1,001 - $15,000 in shares of Robinhood Markets NASDAQ: HOOD on 1/29/2025.
• Sold $1,001 - $15,000 in shares of NVIDIA NASDAQ: NVDA on 1/29/2025.
• Sold $1,001 - $15,000 in shares of Manhattan Associates NASDAQ: MANH on 1/29/2025.
• Sold $1,001 - $15,000 in shares of Credo Technology Group NASDAQ: CRDO on 1/29/2025.

TransDigm Group Stock Up 3.4 %

NYSE:TDG traded up $44.00 on Wednesday, reaching $1,343.48. The stock had a trading volume of 319,595 shares, compared to its average volume of 270,355. TransDigm Group Incorporated has a 1-year low of $1,136.27 and a 1-year high of $1,451.32. The stock has a fifty day moving average price of $1,302.74 and a 200-day moving average price of $1,319.16. The company has a market capitalization of $75.34 billion, a P/E ratio of 47.39, a price-to-earnings-growth ratio of 2.77 and a beta of 1.40.

TransDigm Group (NYSE:TDG - Get Free Report) last posted its quarterly earnings data on Tuesday, February 4th. The aerospace company reported $7.57 EPS for the quarter, topping analysts' consensus estimates of $6.73 by $0.84. TransDigm Group had a negative return on equity of 42.87% and a net margin of 20.76%. The company had revenue of $2.01 billion for the quarter, compared to analyst estimates of $2.03 billion. During the same quarter in the previous year, the firm earned $7.16 earnings per share. The business's revenue was up 12.1% on a year-over-year basis. Sell-side analysts predict that TransDigm Group Incorporated will post 35.13 earnings per share for the current fiscal year.

Institutional Investors Weigh In On TransDigm Group

Several institutional investors have recently bought and sold shares of TDG. First Personal Financial Services acquired a new stake in shares of TransDigm Group in the third quarter valued at approximately $29,000. Erste Asset Management GmbH bought a new stake in shares of TransDigm Group during the 3rd quarter worth approximately $29,000. Capital Advisors Ltd. LLC boosted its holdings in shares of TransDigm Group by 200.0% in the 4th 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. Trust Co. of Vermont boosted its holdings in shares of TransDigm Group by 150.0% in the 4th quarter. Trust Co. of Vermont now owns 25 shares of the aerospace company's stock valued at $32,000 after buying an additional 15 shares during the last quarter. Finally, Versant Capital Management Inc increased its holdings in TransDigm Group by 225.0% during the fourth quarter. Versant Capital Management Inc now owns 26 shares of the aerospace company's stock worth $33,000 after buying an additional 18 shares during the last quarter. Institutional investors own 95.78% of the company's stock.

Insiders Place Their Bets

In other TransDigm Group news, Director Robert J. Small sold 38,053 shares of the company's stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $1,248.78, for a total value of $47,519,825.34. Following the sale, the director now owns 567,323 shares in the company, valued at $708,461,615.94. This represents a 6.29 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director W Nicholas Howley sold 5,472 shares of the firm's stock in a transaction that occurred on Wednesday, January 15th. The shares were sold at an average price of $1,296.77, for a total value of $7,095,925.44. Following the completion of the sale, the director now directly owns 21,548 shares of the company's stock, valued at approximately $27,942,799.96. The trade was a 20.25 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 113,175 shares of company stock valued at $144,677,394. 4.09% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on TDG shares. Barclays reaffirmed an "equal weight" rating and issued a $1,500.00 target price on shares of TransDigm Group in a research note on Monday, January 6th. Wells Fargo & Company raised TransDigm Group from an "equal weight" rating to an "overweight" rating and upped their price objective for the stock from $1,375.00 to $1,500.00 in a report on Friday, February 7th. Truist Financial increased their price objective on TransDigm Group from $1,482.00 to $1,534.00 and gave the company a "buy" rating in a research report on Tuesday, January 14th. Citigroup boosted their target price on TransDigm Group from $1,563.00 to $1,600.00 and gave the stock a "buy" rating in a research report on Thursday, December 5th. Finally, Deutsche Bank Aktiengesellschaft cut TransDigm Group from a "buy" rating to a "hold" rating and decreased their price target for the company from $1,444.00 to $1,348.00 in a report on Thursday, January 2nd. Seven equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $1,462.35.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania's 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania's 8th Congressional District. He declared candidacy for the 2026 election. Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

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.