Insider Buying: TransDigm Group Incorporated (TDG) EVP Purchases 2,422 Shares of Stock

TransDigm Group Incorporated (NYSE:TDG) EVP James Skulina purchased 2,422 shares of the stock in a transaction dated Friday, May 11th. The shares were purchased at an average cost of $245.52 per share, for a total transaction of $594,649.44. Following the completion of the acquisition, the executive vice president now directly owns 4,000 shares in the company, valued at $982,080. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Shares of TransDigm Group Incorporated (NYSE:TDG) traded down $0.34 during mid-day trading on Friday, reaching $294.10. The company’s stock had a trading volume of 315,500 shares, compared to its average volume of 453,208. TransDigm Group Incorporated has a 1-year low of $203.72 and a 1-year high of $296.96. The company has a debt-to-equity ratio of -3.86, a current ratio of 2.45 and a quick ratio of 1.61. The stock has a market cap of $15,330.00, a price-to-earnings ratio of 34.80, a PEG ratio of 2.48 and a beta of 0.62.

TransDigm Group (NYSE:TDG) last issued its quarterly earnings results on Thursday, November 9th. The aerospace company reported $3.48 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $3.18 by $0.30. TransDigm Group had a negative return on equity of 30.13% and a net margin of 12.44%. The business had revenue of $923.89 million during the quarter, compared to analyst estimates of $959.77 million. During the same quarter in the prior year, the business posted $3.29 EPS. TransDigm Group’s revenue for the quarter was up 5.6% compared to the same quarter last year. equities analysts anticipate that TransDigm Group Incorporated will post 12.73 earnings per share for the current fiscal year.

Several equities analysts have recently weighed in on TDG shares. Zacks Investment Research raised TransDigm Group from a “sell” rating to a “hold” rating in a report on Wednesday, November 15th. Royal Bank of Canada set a $346.00 target price on TransDigm Group and gave the stock a “buy” rating in a report on Thursday, November 16th. SunTrust Banks reaffirmed a “buy” rating and issued a $300.00 target price on shares of TransDigm Group in a report on Monday, October 2nd. Jefferies Group reaffirmed a “hold” rating and issued a $285.00 target price on shares of TransDigm Group in a report on Monday, January 8th. Finally, Robert W. Baird reaffirmed a “buy” rating and issued a $300.00 target price on shares of TransDigm Group in a report on Thursday, October 12th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company. TransDigm Group presently has a consensus rating of “Buy” and an average target price of $297.17.

A number of hedge funds have recently modified their holdings of TDG. Northwestern Mutual Wealth Management Co. increased its stake in TransDigm Group by 3.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 382 shares of the aerospace company’s stock worth $103,000 after buying an additional 14 shares in the last quarter. Ameriprise Financial Inc. increased its stake in TransDigm Group by 4.8% in the 2nd quarter. Ameriprise Financial Inc. now owns 173,242 shares of the aerospace company’s stock worth $46,571,000 after buying an additional 7,890 shares in the last quarter. Amalgamated Bank increased its stake in TransDigm Group by 50.1% in the 2nd quarter. Amalgamated Bank now owns 5,692 shares of the aerospace company’s stock worth $1,530,000 after buying an additional 1,899 shares in the last quarter. Laurion Capital Management LP purchased a new stake in TransDigm Group in the 2nd quarter worth $205,000. Finally, Profund Advisors LLC increased its stake in TransDigm Group by 1.1% in the 2nd quarter. Profund Advisors LLC now owns 1,334 shares of the aerospace company’s stock worth $359,000 after buying an additional 15 shares in the last quarter.

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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.

Insider Buying and Selling by Quarter for TransDigm Group (NYSE:TDG)

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