Insider Selling: Transdigm Group (NYSE:TDG) COO Sells 3,900 Shares of Stock

Transdigm Group Incorporated (NYSE:TDG) COO Joel Reiss sold 3,900 shares of the stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $1,340.00, for a total transaction of $5,226,000.00. Following the completion of the transaction, the chief operating officer owned 3,600 shares in the company, valued at $4,824,000. This represents a 52.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

• On Monday, October 20th, Joel Reiss sold 3,000 shares of Transdigm Group stock. The shares were sold at an average price of $1,279.59, for a total transaction of $3,838,770.00.
• On Monday, September 22nd, Joel Reiss sold 3,000 shares of Transdigm Group stock. The stock was sold at an average price of $1,276.07, for a total value of $3,828,210.00.
• On Wednesday, August 20th, Joel Reiss sold 3,000 shares of Transdigm Group stock. The shares were sold at an average price of $1,406.07, for a total transaction of $4,218,210.00.

Transdigm Group Trading Up 1.3%

TDG stock traded up $17.15 on Tuesday, hitting $1,352.92. The company’s stock had a trading volume of 377,477 shares, compared to its average volume of 300,664. The stock has a market cap of $76.19 billion, a price-to-earnings ratio of 44.90, a price-to-earnings-growth ratio of 3.25 and a beta of 1.02. The firm has a 50 day moving average of $1,298.08 and a two-hundred day moving average of $1,401.78. Transdigm Group Incorporated has a 1 year low of $1,183.60 and a 1 year high of $1,623.82.

Transdigm Group (NYSE:TDG) last posted its quarterly earnings data on Wednesday, November 12th. The aerospace company reported $10.82 EPS for the quarter, beating analysts’ consensus estimates of $10.33 by $0.49. The company had revenue of $2.44 billion for the quarter, compared to analyst estimates of $2.40 billion. Transdigm Group had a net margin of 20.98% and a negative return on equity of 35.27%. Transdigm Group’s quarterly revenue was up 11.5% on a year-over-year basis. During the same period in the previous year, the business posted $9.83 earnings per share. Transdigm Group has set its FY 2026 guidance at 36.490-38.530 EPS. As a group, equities analysts forecast that Transdigm Group Incorporated will post 35.13 EPS for the current fiscal year.

Transdigm Group Increases Dividend

The business also recently announced a special dividend, which was paid on Friday, September 12th. Stockholders of record on Tuesday, September 2nd were issued a $90.00 dividend. The ex-dividend date of this dividend was Tuesday, September 2nd. This is an increase from Transdigm Group’s previous special dividend of $75.00.

Wall Street Analyst Weigh In

TDG has been the subject of several recent research reports. Stifel Nicolaus decreased their price target on Transdigm Group from $1,710.00 to $1,650.00 and set a “buy” rating for the company in a report on Thursday, November 13th. UBS Group lifted their target price on shares of Transdigm Group from $1,738.00 to $1,798.00 and gave the company a “buy” rating in a report on Thursday, November 13th. Royal Bank Of Canada boosted their price target on shares of Transdigm Group from $1,385.00 to $1,400.00 and gave the stock a “sector perform” rating in a research note on Thursday, November 13th. Weiss Ratings restated a “buy (b-)” rating on shares of Transdigm Group in a research report on Monday. Finally, Truist Financial dropped their target price on Transdigm Group from $1,730.00 to $1,647.00 and set a “buy” rating on the stock in a research report on Wednesday, October 15th. Thirteen analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Transdigm Group currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,576.29.

Hedge Funds Weigh In On Transdigm Group

Several hedge funds have recently bought and sold shares of TDG. Winch Advisory Services LLC grew its holdings in Transdigm Group by 53.8% in the first quarter. Winch Advisory Services LLC now owns 20 shares of the aerospace company’s stock valued at $28,000 after purchasing an additional 7 shares during the last quarter. MassMutual Private Wealth & Trust FSB raised its stake in shares of Transdigm Group by 2.8% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 257 shares of the aerospace company’s stock worth $391,000 after buying an additional 7 shares during the last quarter. Diversified Enterprises LLC boosted its position in shares of Transdigm Group by 3.8% in the 2nd quarter. Diversified Enterprises LLC now owns 193 shares of the aerospace company’s stock worth $293,000 after buying an additional 7 shares in the last quarter. FSM Wealth Advisors LLC grew its stake in Transdigm Group by 3.8% in the 2nd quarter. FSM Wealth Advisors LLC now owns 191 shares of the aerospace company’s stock valued at $292,000 after acquiring an additional 7 shares during the last quarter. Finally, New Republic Capital LLC increased its holdings in Transdigm Group by 4.6% during the 1st quarter. New Republic Capital LLC now owns 183 shares of the aerospace company’s stock valued at $253,000 after acquiring an additional 8 shares in the last quarter. 95.78% of the stock is owned by hedge funds and other institutional investors.

About Transdigm Group

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.