Insider Selling: Transdigm Group (NYSE:TDG) COO Sells $4,268,862.00 in Stock

Transdigm Group Incorporated (NYSE:TDG) COO Joel Reiss sold 3,900 shares of the company’s stock in a transaction dated Tuesday, September 15th. The stock was sold at an average price of $1,094.58, for a total value of $4,268,862.00. Following the completion of the transaction, the chief operating officer directly owned 3,600 shares of the company’s stock, valued at approximately $3,940,488. The trade was a 52.00% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Joel Reiss also recently made the following trade(s):

• On Monday, August 17th, Joel Reiss sold 3,900 shares of Transdigm Group stock. The shares were sold at an average price of $1,238.76, for a total value of $4,831,164.00.

Transdigm Group Trading Up 0.9%

NYSE:TDG opened at $1,085.80 on Friday. The stock has a market cap of $60.73 billion, a P/E ratio of 32.94, a price-to-earnings-growth ratio of 1.78 and a beta of 0.91. The stock’s 50-day moving average is $1,200.76 and its 200-day moving average is $1,224.06. Transdigm Group Incorporated has a 1-year low of $1,071.25 and a 1-year high of $1,463.03.

Transdigm Group (NYSE:TDG) last issued its quarterly earnings data on Tuesday, August 4th. The aerospace company reported $10.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $10.30 by $0.57. Transdigm Group had a net margin of 19.69% and a negative return on equity of 23.65%. The business had revenue of $2.74 billion during the quarter, compared to analyst estimates of $2.68 billion. During the same quarter last year, the business earned $9.60 EPS. The firm’s quarterly revenue was up 22.5% on a year-over-year basis. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. As a group, equities analysts forecast that Transdigm Group Incorporated will post 38.81 EPS for the current year.

Analysts Set New Price Targets

A number of analysts recently weighed in on TDG shares. Morgan Stanley downgraded Transdigm Group from an “overweight” rating to an “equal weight” rating and decreased their price objective for the company from $1,680.00 to $1,345.00 in a report on Wednesday, July 15th. BMO Capital Markets lifted their target price on Transdigm Group from $1,450.00 to $1,525.00 and gave the stock an “outperform” rating in a report on Thursday, July 2nd. Guggenheim began coverage on Transdigm Group in a research report on Tuesday. They issued a “neutral” rating on the stock. Royal Bank Of Canada reissued a “sector perform” rating and issued a $1,350.00 price target on shares of Transdigm Group in a research note on Wednesday. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Transdigm Group in a research report on Friday, August 28th. Five analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $1,452.53.

Hedge Funds Weigh In On Transdigm Group

A number of hedge funds have recently bought and sold shares of TDG. Annis Gardner Whiting Capital Advisors LLC raised its position in shares of Transdigm Group by 17.0% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 55 shares of the aerospace company’s stock worth $73,000 after acquiring an additional 8 shares in the last quarter. Fisher Asset Management LLC increased its holdings in Transdigm Group by 3.1% in the fourth quarter. Fisher Asset Management LLC now owns 299 shares of the aerospace company’s stock worth $398,000 after purchasing an additional 9 shares in the last quarter. Root Financial Partners LLC lifted its stake in Transdigm Group by 6.2% in the fourth quarter. Root Financial Partners LLC now owns 155 shares of the aerospace company’s stock valued at $206,000 after buying an additional 9 shares during the period. Harbour Investments Inc. lifted its stake in Transdigm Group by 13.6% in the fourth quarter. Harbour Investments Inc. now owns 75 shares of the aerospace company’s stock valued at $100,000 after buying an additional 9 shares during the period. Finally, BNP Paribas boosted its holdings in shares of Transdigm Group by 0.6% during the 4th quarter. BNP Paribas now owns 1,726 shares of the aerospace company’s stock worth $2,286,000 after buying an additional 10 shares in the last quarter. Institutional investors own 95.78% of the company’s stock.

Transdigm Group Company Profile

TransDigm Group Incorporated (NYSE: TDG) designs, produces and supplies aircraft components, systems and related aftermarket services. The company focuses primarily on proprietary aerospace products, including mechanical and electromechanical actuators, ignition systems, pumps, valves, sensors, cockpit and data-acquisition systems, power-conditioning equipment, lighting, lavatory components, seat belts and cargo-loading systems.

TransDigm serves commercial and regional airlines, business and general aviation operators, aircraft manufacturers and military customers.