Insider Selling: TransDigm Group Incorporated (NYSE:TDG) Director Sells 1,000 Shares of Stock

TransDigm Group Incorporated (NYSE:TDG - Get Free Report) Director Robert J. Small sold 1,000 shares of the firm's stock in a transaction that occurred on Thursday, March 13th. The shares were sold at an average price of $1,335.22, for a total value of $1,335,220.00. Following the completion of the transaction, the director now owns 95,147 shares of the company's stock, valued at approximately $127,042,177.34. The trade was a 1.04 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

TransDigm Group Trading Down 1.3 %

Shares of NYSE:TDG traded down $17.06 on Friday, reaching $1,343.69. The company had a trading volume of 211,688 shares, compared to its average volume of 231,542. TransDigm Group Incorporated has a 52-week low of $1,176.31 and a 52-week high of $1,451.32. The firm's 50 day simple moving average is $1,333.54 and its 200-day simple moving average is $1,327.55. The firm has a market capitalization of $75.36 billion, a PE ratio of 47.35, a PEG ratio of 2.76 and a beta of 1.38.

TransDigm Group (NYSE:TDG - Get Free Report) last announced its quarterly earnings results on Tuesday, February 4th. The aerospace company reported $7.57 earnings per share (EPS) for the quarter, beating 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 business had revenue of $2.01 billion for the quarter, compared to the consensus estimate of $2.03 billion. During the same period last year, the business posted $7.16 EPS. The business's revenue was up 12.1% compared to the same quarter last year. As a group, equities research analysts predict that TransDigm Group Incorporated will post 35.13 earnings per share for the current year.

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Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Prosperity Financial Group Inc. grew its stake in TransDigm Group by 3.6% during the 3rd quarter. Prosperity Financial Group Inc. now owns 230 shares of the aerospace company's stock worth $328,000 after buying an additional 8 shares during the last quarter. Resonant Capital Advisors LLC lifted its position in TransDigm Group by 1.8% during the 4th quarter. Resonant Capital Advisors LLC now owns 462 shares of the aerospace company's stock worth $585,000 after acquiring an additional 8 shares during the period. Quent Capital LLC lifted its position in TransDigm Group by 6.5% during the 4th quarter. Quent Capital LLC now owns 132 shares of the aerospace company's stock worth $167,000 after acquiring an additional 8 shares during the period. Lindbrook Capital LLC lifted its position in TransDigm Group by 3.6% during the 4th quarter. Lindbrook Capital LLC now owns 231 shares of the aerospace company's stock worth $293,000 after acquiring an additional 8 shares during the period. Finally, CX Institutional lifted its position in TransDigm Group by 5.4% during the 4th quarter. CX Institutional now owns 175 shares of the aerospace company's stock worth $222,000 after acquiring an additional 9 shares during the period. 95.78% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on TDG. UBS Group upgraded TransDigm Group from a "neutral" rating to a "buy" rating and set a $1,595.00 price objective for the company in a research note on Monday, February 24th. Barclays restated an "equal weight" rating and issued a $1,500.00 price target on shares of TransDigm Group in a research note on Monday, January 6th. Wells Fargo & Company upgraded TransDigm Group from an "equal weight" rating to an "overweight" rating and boosted their price target for the stock from $1,375.00 to $1,500.00 in a research note on Friday, February 7th. Deutsche Bank Aktiengesellschaft cut TransDigm Group from a "buy" rating to a "hold" rating and decreased their price target for the stock from $1,444.00 to $1,348.00 in a research note on Thursday, January 2nd. Finally, StockNews.com upgraded TransDigm Group from a "hold" rating to a "buy" rating in a research note on Wednesday, January 8th. Six research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $1,472.47.

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.