TransDigm Group Director Sells a Significant Amount of Stock

On February 18th, W Nicholas Howley, a director of TransDigm Group Incorporated (NYSE:TDG), sold 5,472 shares of the company's stock. The shares were sold at an average price of $1,315.93, resulting in a total transaction value of approximately $7,200,768.96. After this sale, Howley now holds 21,548 shares in TransDigm, which are valued at about $28,355,659.64. This transaction signifies a reduction of 20.25% in his overall position.

The sale was reported in a legal filing to the Securities and Exchange Commission (SEC), which is accessible on their official website.

On another note, on January 15th, Howley also sold 5,472 shares of TransDigm stock at an average price of $1,296.77, with a total worth of $7,095,925.44.

Current Stock Performance

As of Thursday, TDG stock has decreased by 2.3%, trading down $30.98 to reach $1,311.47 during mid-day trading. A total of 150,357 shares exchanged hands, compared to an average trading volume of 266,717 shares. The company's current market capitalization stands at approximately $73.55 billion. Key financial metrics include a PE ratio of 46.26, a P/E/G ratio of 2.73, and a beta of 1.40. Over the past year, TransDigm's stock has seen a low of $1,136.27 and a high of $1,451.32.

Recent Earnings Report

TransDigm Group reported its quarterly earnings results on February 4th. The company achieved earnings per share (EPS) of $7.57, surpassing the consensus estimate of $6.73 by $0.84. Their revenue for the quarter was recorded at $2.01 billion, which is slightly below the anticipated $2.03 billion. Year-over-year, the firm's revenue increased by 12.1% from the same quarter last year. In the previous year, the EPS for this quarter was $7.16. Analysts project that TransDigm Group will report an average EPS of 35.13 for the current fiscal year.

Institutional Investment Activity

In recent months, several hedge funds have adjusted their stakes in TransDigm Group. For example, Souders Financial Advisors increased its holdings by 1.0% during the third quarter, bringing its total to 797 shares valued at $1,137,000. Prosperity Financial Group Inc. raised its position by 3.6%, acquiring 230 shares worth $328,000. On the other hand, Quent Capital LLC raised its stake by 6.5%, owning 132 shares valued at $167,000. Currently, institutional investors and hedge funds hold 95.78% of TransDigm's total shares.

Analyst Ratings and Forecasts

TransDigm Group has garnered attention from various analysts who have recently provided ratings and price target adjustments. For instance, StockNews.com upgraded the company's rating from "hold" to "buy" on January 8th. Citigroup revised their price target from $1,563.00 to $1,600.00 with a rating of "buy" noted in their report on December 5th. KeyCorp increased its target price from $1,440.00 to $1,500.00 while maintaining an "overweight" rating. Barclays provided an "equal weight" rating with a target of $1,500.00. The majority consensus indicates that analysts rate TransDigm Group as a "Moderate Buy" with an average target price set at $1,462.35.

Company Overview

TransDigm Group Incorporated specializes in designing and producing aircraft components, both domestically in the United States and internationally. Their Power & Control segment provides a range of products including mechanical and electro-mechanical actuators, ignition systems, specialized pumps, electric motors and generators, as well as cargo handling systems.

Director, Stocks, Transaction