TransDigm Group Incorporated (NYSE:TDG) Director Raymond F. Laubenthal sold 11,900 shares of the firm’s stock in a transaction on Thursday, March 15th. The stock was sold at an average price of $292.44, for a total value of $3,480,036.00. Following the completion of the transaction, the director now owns 27,688 shares in the company, valued at $8,097,078.72. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.
TransDigm Group Incorporated (TDG) opened at $299.23 on Friday. The firm has a market capitalization of $15,404.18, a price-to-earnings ratio of 24.61, a P/E/G ratio of 1.51 and a beta of 0.85. The company has a current ratio of 2.76, a quick ratio of 1.86 and a debt-to-equity ratio of -4.38. TransDigm Group Incorporated has a 52-week low of $203.72 and a 52-week high of $321.38.
TransDigm Group (NYSE:TDG) last released its earnings results on Tuesday, February 6th. The aerospace company reported $2.43 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $2.64 by ($0.21). The company had revenue of $847.96 million for the quarter, compared to analysts’ expectations of $860.12 million. TransDigm Group had a net margin of 18.95% and a negative return on equity of 27.70%. TransDigm Group’s revenue for the quarter was up 4.2% on a year-over-year basis. During the same quarter last year, the firm posted $2.57 earnings per share. equities analysts anticipate that TransDigm Group Incorporated will post 16.69 EPS for the current fiscal year.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Vident Investment Advisory LLC lifted its position in TransDigm Group by 75.4% during the third quarter. Vident Investment Advisory LLC now owns 1,179 shares of the aerospace company’s stock valued at $301,000 after purchasing an additional 507 shares in the last quarter. Allen Investment Management LLC lifted its position in TransDigm Group by 4.7% during the third quarter. Allen Investment Management LLC now owns 403,787 shares of the aerospace company’s stock valued at $103,228,000 after purchasing an additional 17,946 shares in the last quarter. Alps Advisors Inc. purchased a new position in TransDigm Group during the fourth quarter valued at $205,000. BlackRock Inc. lifted its position in TransDigm Group by 1.2% during the fourth quarter. BlackRock Inc. now owns 4,156,622 shares of the aerospace company’s stock valued at $1,141,491,000 after purchasing an additional 48,978 shares in the last quarter. Finally, Candriam Luxembourg S.C.A. raised its holdings in TransDigm Group by 23.3% during the fourth quarter. Candriam Luxembourg S.C.A. now owns 4,635 shares of the aerospace company’s stock valued at $1,273,000 after acquiring an additional 877 shares during the period.
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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.
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