Triumph Group Inc. (NYSE:TGI) CEO Daniel J. Crowley bought 50,000 shares of the business’s stock in a transaction on Monday, November 7th. The stock was purchased at an average price of $25.56 per share, for a total transaction of $1,278,000.00. Following the completion of the acquisition, the chief executive officer now owns 389,567 shares of the company’s stock, valued at approximately $9,957,332.52. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Triumph Group Inc. (NYSE:TGI) opened at 28.95 on Monday. The stock has a 50 day moving average of $25.50 and a 200-day moving average of $32.36. The company’s market cap is $1.43 billion. Triumph Group Inc. has a 12 month low of $22.40 and a 12 month high of $41.14.

Triumph Group (NYSE:TGI) last announced its quarterly earnings data on Thursday, November 3rd. The company reported $1.00 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.78 by $0.22. The company earned $874.77 million during the quarter, compared to the consensus estimate of $896.39 million. Triumph Group had a positive return on equity of 18.77% and a negative net margin of 29.78%. The firm’s revenue was down 8.4% on a year-over-year basis. During the same period in the previous year, the company posted $1.32 EPS. Equities research analysts expect that Triumph Group Inc. will post $3.32 EPS for the current year.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Northwestern Mutual Investment Management Company LLC increased its position in shares of Triumph Group by 0.5% in the second quarter. Northwestern Mutual Investment Management Company LLC now owns 8,549 shares of the company’s stock worth $303,000 after buying an additional 39 shares during the period. Wright Investors Service Inc. increased its position in Triumph Group by 0.9% in the second quarter. Wright Investors Service Inc. now owns 12,360 shares of the company’s stock valued at $439,000 after buying an additional 110 shares during the last quarter. US Bancorp DE increased its position in Triumph Group by 1.5% in the second quarter. US Bancorp DE now owns 12,548 shares of the company’s stock valued at $445,000 after buying an additional 184 shares during the last quarter. Retirement Systems of Alabama increased its position in Triumph Group by 0.4% in the second quarter. Retirement Systems of Alabama now owns 63,880 shares of the company’s stock valued at $2,268,000 after buying an additional 273 shares during the last quarter. Finally, Municipal Employees Retirement System of Michigan increased its position in Triumph Group by 1.5% in the third quarter. Municipal Employees Retirement System of Michigan now owns 22,230 shares of the company’s stock valued at $620,000 after buying an additional 320 shares during the last quarter. Institutional investors own 99.16% of the company’s stock.

Several research firms have weighed in on TGI. Vertical Group reiterated a “sell” rating and issued a $22.00 target price on shares of Triumph Group in a report on Monday, October 31st. Zacks Investment Research lowered shares of Triumph Group from a “buy” rating to a “hold” rating in a report on Friday, October 28th. Vertical Research assumed coverage on shares of Triumph Group in a report on Friday, October 28th. They set a “sell” rating on the stock. Robert W. Baird assumed coverage on shares of Triumph Group in a report on Thursday, October 6th. They set an “underperform” rating and a $24.00 price objective on the stock. Finally, Canaccord Genuity restated a “buy” rating on shares of Triumph Group in a report on Wednesday, October 5th. Three research analysts have rated the stock with a sell rating, five have issued a hold rating and nine have assigned a buy rating to the company. Triumph Group currently has a consensus rating of “Hold” and a consensus price target of $39.21.

About Triumph Group

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