TransDigm Group Incorporated (NYSE:TDG) insider Roger Jones sold 5,000 shares of the firm’s stock in a transaction on Tuesday, February 20th. The stock was sold at an average price of $299.15, for a total value of $1,495,750.00. Following the transaction, the insider now owns 9,000 shares in the company, valued at $2,692,350. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Roger Jones also recently made the following trade(s):
- On Wednesday, January 17th, Roger Jones sold 5,000 shares of TransDigm Group stock. The stock was sold at an average price of $294.50, for a total value of $1,472,500.00.
Shares of TransDigm Group Incorporated (NYSE TDG) traded up $3.08 on Thursday, hitting $295.80. The stock had a trading volume of 37,329 shares, compared to its average volume of 476,301. The firm has a market capitalization of $15,593.65, a price-to-earnings ratio of 24.07, a price-to-earnings-growth ratio of 1.53 and a beta of 0.77. The company has a debt-to-equity ratio of -4.38, a current ratio of 2.76 and a quick ratio of 1.86. TransDigm Group Incorporated has a 52 week low of $203.72 and a 52 week high of $321.38.
TransDigm Group (NYSE:TDG) last issued its quarterly earnings results on Tuesday, February 6th. The aerospace company reported $2.43 EPS for the quarter, missing analysts’ consensus estimates of $2.64 by ($0.21). The business had revenue of $847.96 million for the quarter, compared to analyst estimates of $860.12 million. TransDigm Group had a net margin of 18.95% and a negative return on equity of 27.70%. TransDigm Group’s revenue for the quarter was up 4.2% on a year-over-year basis. During the same period last year, the business posted $2.57 earnings per share. research analysts expect that TransDigm Group Incorporated will post 16.69 earnings per share for the current fiscal year.
Several equities analysts recently issued reports on TDG shares. Zacks Investment Research upgraded TransDigm Group from a “sell” rating to a “hold” rating in a research note on Wednesday, November 15th. Royal Bank of Canada set a $346.00 target price on TransDigm Group and gave the company a “buy” rating in a research note on Thursday, November 16th. Jefferies Group reiterated a “hold” rating and issued a $285.00 target price on shares of TransDigm Group in a research note on Monday, January 8th. Canaccord Genuity reiterated a “buy” rating and issued a $330.00 target price on shares of TransDigm Group in a research note on Friday, February 2nd. Finally, SunTrust Banks reiterated a “buy” rating and issued a $307.00 target price on shares of TransDigm Group in a research note on Friday, November 10th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and fourteen have issued a buy rating to the company. TransDigm Group has a consensus rating of “Buy” and a consensus price target of $311.71.
Several institutional investors and hedge funds have recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. increased its holdings in shares of TransDigm Group by 43.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 519 shares of the aerospace company’s stock valued at $142,000 after purchasing an additional 158 shares during the period. Flinton Capital Management LLC increased its holdings in shares of TransDigm Group by 16.2% during the fourth quarter. Flinton Capital Management LLC now owns 1,376 shares of the aerospace company’s stock valued at $378,000 after purchasing an additional 192 shares during the period. Norinchukin Bank The increased its holdings in shares of TransDigm Group by 5.9% during the third quarter. Norinchukin Bank The now owns 3,593 shares of the aerospace company’s stock valued at $919,000 after purchasing an additional 199 shares during the period. Ladenburg Thalmann Financial Services Inc. increased its holdings in shares of TransDigm Group by 45.5% during the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 646 shares of the aerospace company’s stock valued at $177,000 after purchasing an additional 202 shares during the period. Finally, Gateway Investment Advisers LLC increased its holdings in shares of TransDigm Group by 0.5% during the fourth quarter. Gateway Investment Advisers LLC now owns 53,031 shares of the aerospace company’s stock valued at $14,563,000 after purchasing an additional 246 shares during the period.
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About TransDigm Group
TransDigm Group Incorporated is a designer, producer and supplier of engineered aircraft components for use on commercial and military aircraft in service. The Company operates through three segments: Power & Control, Airframe and Non-aviation. The Power & Control segment includes operations that primarily develop, produce and market systems and components that provide power to or control power of the aircraft utilizing electronic, fluid, power and mechanical motion control technologies.
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