Raymond F. Laubenthal Sells 11,900 Shares of TransDigm Group (TDG) Stock

TransDigm Group (NYSE:TDG) Director Raymond F. Laubenthal sold 11,900 shares of TransDigm Group stock in a transaction that occurred on Monday, April 16th. The shares were sold at an average price of $318.24, for a total value of $3,787,056.00. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Shares of NYSE:TDG traded up $11.03 during midday trading on Monday, reaching $320.25. 548,185 shares of the company’s stock traded hands, compared to its average volume of 516,490. The company has a market cap of $16,140.14, a P/E ratio of 26.67, a PEG ratio of 1.58 and a beta of 0.77. The company has a debt-to-equity ratio of -4.38, a current ratio of 2.76 and a quick ratio of 1.86. TransDigm Group has a one year low of $229.59 and a one year high of $321.38.

TransDigm Group (NYSE:TDG) last announced its quarterly earnings results on Tuesday, February 6th. The aerospace company reported $2.43 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.64 by ($0.21). The business had revenue of $847.96 million for the quarter, compared to the consensus estimate of $860.12 million. TransDigm Group had a net margin of 18.95% and a negative return on equity of 27.70%. The company’s revenue for the quarter was up 4.2% compared to the same quarter last year. During the same period in the previous year, the company earned $2.57 earnings per share. sell-side analysts anticipate that TransDigm Group will post 16.69 earnings per share for the current year.

Several equities research analysts recently weighed in on TDG shares. Royal Bank of Canada set a $370.00 price target on TransDigm Group and gave the company a “buy” rating in a research report on Wednesday, January 24th. SunTrust Banks reissued a “buy” rating on shares of TransDigm Group in a report on Friday, January 19th. Canaccord Genuity reissued a “buy” rating and issued a $330.00 target price on shares of TransDigm Group in a report on Friday, February 2nd. Bank of America boosted their target price on TransDigm Group from $305.00 to $350.00 and gave the stock a “buy” rating in a report on Thursday, February 8th. Finally, Zacks Investment Research raised TransDigm Group from a “hold” rating to a “buy” rating and set a $317.00 target price on the stock in a report on Monday, February 12th. One analyst has rated the stock with a sell rating, five have issued a hold rating and eleven have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $326.57.

Large investors have recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of TransDigm Group by 43.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 519 shares of the aerospace company’s stock valued at $142,000 after purchasing an additional 158 shares in the last quarter. Whittier Trust Co. of Nevada Inc. lifted its holdings in shares of TransDigm Group by 540.5% during the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 538 shares of the aerospace company’s stock valued at $148,000 after purchasing an additional 454 shares in the last quarter. Ladenburg Thalmann Financial Services Inc. lifted its holdings in shares of TransDigm Group by 45.5% during the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 646 shares of the aerospace company’s stock valued at $177,000 after purchasing an additional 202 shares in the last quarter. Neville Rodie & Shaw Inc. bought a new position in shares of TransDigm Group during the fourth quarter valued at $205,000. Finally, Alps Advisors Inc. bought a new position in shares of TransDigm Group during the fourth quarter valued at $205,000.

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TransDigm Group Company Profile

TransDigm Group Incorporated designs, produces, and supplies aircraft components in the United States. The company's 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, databus and power controls, hoists, winches and lifting devices, and cargo loading and handling systems.

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

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