Transdigm Group (NYSE:TDG) Shares Down 4.3% After Insider Selling

Transdigm Group Incorporated (NYSE:TDG)’s stock price traded down 4.3% on Tuesday after an insider sold shares in the company. The company traded as low as $1,223.00 and last traded at $1,219.18. 81,373 shares were traded during trading, a decline of 79% from the average session volume of 380,685 shares. The stock had previously closed at $1,274.62.

Specifically, Director W Nicholas Howley sold 10,132 shares of the stock in a transaction on Monday, April 20th. The stock was sold at an average price of $1,265.06, for a total transaction of $12,817,587.92. Following the sale, the director owned 21,548 shares in the company, valued at approximately $27,259,512.88. This represents a 31.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, COO Joel Reiss sold 3,900 shares of the stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $1,280.46, for a total value of $4,993,794.00. Following the sale, the chief operating officer owned 3,600 shares in the company, valued at $4,609,656. The trade was a 52.00% decrease in their position. The disclosure for this sale is available in the SEC filing.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. KeyCorp cut Transdigm Group from an “overweight” rating to a “sector weight” rating in a report on Thursday, February 5th. Robert W. Baird reiterated a “neutral” rating and issued a $1,400.00 price target on shares of Transdigm Group in a report on Wednesday, February 4th. Weiss Ratings cut Transdigm Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, April 13th. Wells Fargo & Company assumed coverage on Transdigm Group in a report on Wednesday, April 1st. They issued an “equal weight” rating and a $1,200.00 price target on the stock. Finally, UBS Group decreased their price target on Transdigm Group from $1,804.00 to $1,800.00 and set a “buy” rating on the stock in a report on Wednesday, February 4th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat.com, Transdigm Group currently has a consensus rating of “Moderate Buy” and an average target price of $1,567.40.

Transdigm Group Stock Down 1.9%

The firm has a fifty day moving average of $1,240.67 and a 200-day moving average of $1,302.00. The firm has a market cap of $65.78 billion, a P/E ratio of 37.48, a PEG ratio of 2.54 and a beta of 0.98.

Transdigm Group (NYSE:TDG) last issued its earnings results on Tuesday, February 3rd. The aerospace company reported $8.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $7.99 by $0.24. Transdigm Group had a negative return on equity of 29.07% and a net margin of 20.50%.The firm had revenue of $2.29 billion for the quarter, compared to analysts’ expectations of $2.26 billion. During the same quarter last year, the business earned $7.83 earnings per share. The company’s revenue was up 13.9% compared to the same quarter last year. Transdigm Group has set its FY 2026 guidance at 37.420-39.340 EPS. Sell-side analysts anticipate that Transdigm Group Incorporated will post 36.71 EPS for the current year.

Institutional Investors Weigh In On Transdigm Group

A number of hedge funds have recently modified their holdings of TDG. Ares Financial Consulting LLC acquired a new stake in shares of Transdigm Group during the fourth quarter worth about $25,000. Elyxium Wealth LLC acquired a new stake in shares of Transdigm Group during the fourth quarter worth about $25,000. Salomon & Ludwin LLC acquired a new stake in shares of Transdigm Group during the third quarter worth about $26,000. MCF Advisors LLC raised its position in shares of Transdigm Group by 900.0% during the fourth quarter. MCF Advisors LLC now owns 20 shares of the aerospace company’s stock worth $27,000 after purchasing an additional 18 shares during the period. Finally, Transamerica Financial Advisors LLC raised its position in shares of Transdigm Group by 1,900.0% during the fourth quarter. Transamerica Financial Advisors LLC now owns 20 shares of the aerospace company’s stock worth $27,000 after purchasing an additional 19 shares during the period. Institutional investors and hedge funds own 95.78% of the company’s stock.

Transdigm Group Company Profile

TransDigm Group Incorporated is a designer, producer and supplier of engineered aircraft components and systems for commercial and military aerospace applications. The company’s product portfolio covers a broad range of mission-critical parts and subsystems, including mechanical and electromechanical components, ignition and fuel system parts, sensors and actuators, cockpit and cabin systems, and other safety-critical hardware. TransDigm supplies original equipment manufacturers (OEMs) as well as the aftermarket, providing spare parts, repair and overhaul services and component support throughout an asset’s life cycle.

TransDigm’s operating model places emphasis on proprietary, niche components that are difficult to replace, and the company operates through a collection of independently run subsidiaries and brands that sell specialized products.