TransDigm Group Incorporated (NYSE:TDG) Director Raymond F. Laubenthal Sells 11,900 Shares

TransDigm Group Incorporated (NYSE:TDG) Director Raymond F. Laubenthal sold 11,900 shares of the stock in a transaction on Tuesday, January 16th. The stock was sold at an average price of $295.87, for a total value of $3,520,853.00. Following the sale, the director now owns 81,718 shares of the company’s stock, valued at $24,177,904.66. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

TransDigm Group Incorporated (TDG) traded down $0.45 during trading on Friday, hitting $282.55. The stock had a trading volume of 973,470 shares, compared to its average volume of 462,856. The company has a quick ratio of 1.61, a current ratio of 2.76 and a debt-to-equity ratio of -4.38. The company has a market capitalization of $14,747.98, a price-to-earnings ratio of 23.24, a PEG ratio of 1.89 and a beta of 0.66. TransDigm Group Incorporated has a twelve month low of $203.72 and a twelve month high of $321.38.

TransDigm Group (NYSE:TDG) last posted its quarterly earnings data on Tuesday, February 6th. The aerospace company reported $2.43 EPS for the quarter, missing analysts’ consensus estimates of $2.64 by ($0.21). The business had revenue of $847.96 million during the quarter, compared to the consensus estimate of $860.12 million. TransDigm Group had a negative return on equity of 27.70% and a net margin of 18.95%. The company’s revenue for the quarter was up 4.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.57 earnings per share. analysts predict that TransDigm Group Incorporated will post 14.92 earnings per share for the current year.

Several institutional investors have recently bought and sold shares of TDG. Northwestern Mutual Wealth Management Co. grew its position in TransDigm Group by 3.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 382 shares of the aerospace company’s stock worth $103,000 after buying an additional 14 shares in the last quarter. Whittier Trust Co. of Nevada Inc. grew its position in 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 worth $148,000 after buying an additional 454 shares in the last quarter. Neville Rodie & Shaw Inc. acquired a new stake in TransDigm Group during the fourth quarter worth about $205,000. Alps Advisors Inc. acquired a new stake in TransDigm Group during the fourth quarter worth about $205,000. Finally, HighTower Advisors LLC acquired a new stake in TransDigm Group during the second quarter worth about $201,000.

Several analysts recently issued reports on the company. Robert W. Baird increased their price objective on TransDigm Group from $300.00 to $320.00 and gave the stock an “outperform” rating in a report on Wednesday. Credit Suisse Group raised their target price on TransDigm Group from $294.54 to $320.00 and gave the company an “outperform” rating in a report on Friday, November 10th. Wolfe Research upgraded TransDigm Group from a “market perform” rating to an “outperform” rating in a report on Friday, November 10th. SunTrust Banks restated a “buy” rating and set a $307.00 target price on shares of TransDigm Group in a report on Friday, November 10th. Finally, Royal Bank of Canada set a $346.00 target price on TransDigm Group and gave the company a “buy” rating in a report on Thursday, November 16th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $309.44.

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TransDigm Group Company Profile

TransDigm Group Incorporated is a designer, producer and supplier of engineered aircraft components for use on commercial and military aircraft in service. The Company operates through three segments: Power & Control, Airframe and Non-aviation. The Power & Control segment includes operations that primarily develop, produce and market systems and components that provide power to or control power of the aircraft utilizing electronic, fluid, power and mechanical motion control technologies.

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

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