TransDigm Group Incorporated (NYSE:TDG) Director W Nicholas Howley Sells 197 Shares

TransDigm Group Incorporated (NYSE:TDGGet Free Report) Director W Nicholas Howley sold 197 shares of the stock in a transaction that occurred on Thursday, May 9th. The stock was sold at an average price of $1,318.14, for a total transaction of $259,673.58. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

W Nicholas Howley also recently made the following trade(s):

  • On Wednesday, February 21st, W Nicholas Howley sold 9,381 shares of TransDigm Group stock. The stock was sold at an average price of $1,165.00, for a total value of $10,928,865.00.
  • On Friday, February 16th, W Nicholas Howley sold 2,391 shares of TransDigm Group stock. The shares were sold at an average price of $1,160.55, for a total value of $2,774,875.05.

TransDigm Group Stock Down 0.4 %

Shares of TransDigm Group stock opened at $1,275.70 on Wednesday. TransDigm Group Incorporated has a 52 week low of $768.05 and a 52 week high of $1,330.82. The firm’s 50 day moving average is $1,227.59 and its two-hundred day moving average is $1,097.45. The firm has a market capitalization of $71.39 billion, a P/E ratio of 50.60, a P/E/G ratio of 2.67 and a beta of 1.40.

TransDigm Group (NYSE:TDGGet Free Report) last posted its earnings results on Tuesday, May 7th. The aerospace company reported $7.99 EPS for the quarter, beating analysts’ consensus estimates of $7.42 by $0.57. TransDigm Group had a net margin of 21.22% and a negative return on equity of 63.35%. The firm had revenue of $1.92 billion for the quarter, compared to the consensus estimate of $1.88 billion. During the same period last year, the firm posted $5.39 EPS. The company’s revenue was up 20.5% on a year-over-year basis. As a group, research analysts expect that TransDigm Group Incorporated will post 29.08 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on TDG shares. Susquehanna boosted their price target on shares of TransDigm Group from $1,100.00 to $1,200.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 8th. Wells Fargo & Company increased their target price on shares of TransDigm Group from $1,260.00 to $1,390.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 8th. The Goldman Sachs Group raised their price target on shares of TransDigm Group from $1,285.00 to $1,518.00 and gave the company a “buy” rating in a research report on Tuesday, April 16th. Stifel Nicolaus upped their price objective on TransDigm Group from $1,100.00 to $1,200.00 and gave the stock a “hold” rating in a research report on Wednesday, April 17th. Finally, Royal Bank of Canada lifted their target price on TransDigm Group from $1,300.00 to $1,400.00 and gave the company an “outperform” rating in a report on Wednesday, May 8th. Seven research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. Based on data from MarketBeat.com, TransDigm Group presently has an average rating of “Moderate Buy” and a consensus target price of $1,327.44.

Check Out Our Latest Report on TransDigm Group

Institutional Trading of TransDigm Group

Several institutional investors and hedge funds have recently made changes to their positions in TDG. Whittier Trust Co. of Nevada Inc. increased its position in TransDigm Group by 0.8% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 966 shares of the aerospace company’s stock worth $1,190,000 after buying an additional 8 shares during the period. Team Hewins LLC increased its holdings in shares of TransDigm Group by 3.0% in the 1st quarter. Team Hewins LLC now owns 275 shares of the aerospace company’s stock valued at $339,000 after acquiring an additional 8 shares during the period. Souders Financial Advisors raised its position in TransDigm Group by 1.1% in the 1st quarter. Souders Financial Advisors now owns 767 shares of the aerospace company’s stock valued at $945,000 after purchasing an additional 8 shares during the last quarter. Coldstream Capital Management Inc. boosted its stake in TransDigm Group by 1.6% during the 4th quarter. Coldstream Capital Management Inc. now owns 570 shares of the aerospace company’s stock worth $577,000 after purchasing an additional 9 shares during the period. Finally, Checchi Capital Advisers LLC grew its position in TransDigm Group by 1.0% during the 1st quarter. Checchi Capital Advisers LLC now owns 918 shares of the aerospace company’s stock worth $1,131,000 after purchasing an additional 9 shares during the last quarter. 95.78% of the stock is owned by hedge funds and other institutional investors.

TransDigm Group Company Profile

(Get Free Report)

TransDigm Group Incorporated designs, produces, and supplies aircraft components in the United States and internationally. The Power & Control segment offers mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, specialized pumps and valves, power conditioning devices, specialized AC/DC electric motors and generators, batteries and chargers, databus and power controls, sensor products, switches and relay panels, hoists, winches and lifting devices, and cargo loading and handling systems.

Further Reading

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

Receive News & Ratings for TransDigm Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TransDigm Group and related companies with MarketBeat.com's FREE daily email newsletter.