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

by · The Cerbat Gem

Transdigm Group Incorporated (NYSE:TDG – Get Free Report) COO Joel Reiss sold 3,900 shares of the stock in a transaction that occurred on Tuesday, September 15th. The stock was sold at an average price of $1,094.58, for a total transaction of $4,268,862.00. Following the completion of the transaction, the chief operating officer owned 3,600 shares in the company, valued at $3,940,488. This trade represents a 52.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

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 transaction of $4,831,164.00.

Transdigm Group Trading Down 0.6%

TDG stock traded down $6.07 during midday trading on Wednesday, reaching $1,078.93. 604,413 shares of the company’s stock traded hands, compared to its average volume of 394,624. Transdigm Group Incorporated has a 52-week low of $1,071.25 and a 52-week high of $1,463.03. The stock has a market cap of $60.34 billion, a P/E ratio of 32.73, a PEG ratio of 1.84 and a beta of 0.91. The stock’s 50-day moving average is $1,213.59 and its 200 day moving average is $1,228.29.

Transdigm Group (NYSE:TDG – Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The aerospace company reported $10.87 earnings per share for the quarter, topping the consensus estimate of $10.30 by $0.57. The business had revenue of $2.74 billion for the quarter, compared to analysts’ expectations of $2.68 billion. Transdigm Group had a net margin of 19.69% and a negative return on equity of 23.65%. The company’s revenue was up 22.5% compared to the same quarter last year. During the same quarter last year, the company posted $9.60 EPS. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. As a group, research analysts expect that Transdigm Group Incorporated will post 38.81 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on TDG shares. Melius Research restated a “hold” rating and set a $1,331.00 target price on shares of Transdigm Group in a research note on Monday. Morgan Stanley downgraded Transdigm Group from an “overweight” rating to an “equal weight” rating and lowered their price objective for the company from $1,680.00 to $1,345.00 in a research report on Wednesday, July 15th. Wall Street Zen cut Transdigm Group from a “buy” rating to a “hold” rating in a report on Monday, July 20th. Guggenheim began coverage on shares of Transdigm Group in a report on Tuesday. They issued a “neutral” rating on the stock. Finally, BMO Capital Markets increased their price objective on shares of Transdigm Group from $1,450.00 to $1,525.00 and gave the company an “outperform” rating in a report on Thursday, July 2nd. Six equities research analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $1,454.87.

View Our Latest Report on TDG

Hedge Funds Weigh In On Transdigm Group

Several hedge funds have recently bought and sold shares of the business. Capital International Investors increased its stake in Transdigm Group by 0.9% in the 4th quarter. Capital International Investors now owns 6,544,423 shares of the aerospace company’s stock worth $8,702,655,000 after buying an additional 55,230 shares during the period. BlackRock Inc. bought a new position in Transdigm Group in the 2nd quarter worth about $6,489,039,000. Capital World Investors increased its position in shares of Transdigm Group by 0.4% during the fourth quarter. Capital World Investors now owns 3,954,512 shares of the aerospace company’s stock worth $5,258,898,000 after acquiring an additional 15,825 shares during the period. Capital Research Global Investors increased its position in shares of Transdigm Group by 12.2% during the fourth quarter. Capital Research Global Investors now owns 2,476,661 shares of the aerospace company’s stock worth $3,293,527,000 after acquiring an additional 268,824 shares during the period. Finally, Norges Bank bought a new stake in shares of Transdigm Group during the fourth quarter valued at approximately $1,025,591,000. Institutional investors own 95.78% of the company’s stock.

Transdigm Group Company Profile

(Get Free Report)

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.

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