TransDigm Group (NYSE:TDG) EVP Jorge Valladares sold 3,250 shares of the stock in a transaction on Tuesday, April 10th. The stock was sold at an average price of $306.83, for a total value of $997,197.50. Following the completion of the transaction, the executive vice president now directly owns 12,250 shares in the company, valued at $3,758,667.50. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.
Jorge Valladares also recently made the following trade(s):
- On Monday, April 16th, Jorge Valladares sold 9,750 shares of TransDigm Group stock. The shares were sold at an average price of $320.20, for a total value of $3,121,950.00.
Shares of TDG traded up $3.62 during mid-day trading on Tuesday, reaching $323.87. 356,265 shares of the company’s stock traded hands, compared to its average volume of 513,788. The stock has a market cap of $16,140.14, a PE ratio of 26.84, a price-to-earnings-growth ratio of 1.58 and a beta of 0.77. 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 has a 12 month low of $229.59 and a 12 month high of $325.05.
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. raised its holdings in TransDigm Group by 43.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 519 shares of the aerospace company’s stock worth $142,000 after purchasing an additional 158 shares in the last quarter. Whittier Trust Co. of Nevada Inc. raised its holdings 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 purchasing an additional 454 shares in the last quarter. Ladenburg Thalmann Financial Services Inc. raised its holdings in TransDigm Group by 45.5% during the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 646 shares of the aerospace company’s stock worth $177,000 after purchasing an additional 202 shares in the last quarter. Neville Rodie & Shaw Inc. bought a new stake in TransDigm Group during the fourth quarter worth approximately $205,000. Finally, Alps Advisors Inc. bought a new stake in TransDigm Group during the fourth quarter worth approximately $205,000.
TDG has been the subject of several recent analyst reports. Jefferies Group restated a “hold” rating and set a $285.00 target price on shares of TransDigm Group in a research note on Monday, January 8th. Stephens upgraded TransDigm Group to a “hold” rating in a research note on Thursday, February 22nd. Canaccord Genuity reiterated a “buy” rating and issued a $330.00 price target on shares of TransDigm Group in a research note on Friday, February 2nd. Zacks Investment Research downgraded TransDigm Group from a “buy” rating to a “hold” rating in a research note on Thursday, April 12th. Finally, SunTrust Banks lifted their price target on TransDigm Group to $335.00 and gave the stock a “buy” rating in a research note on Monday. One analyst has rated the stock with a sell rating, five have assigned a hold rating and eleven have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $326.57.
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About TransDigm Group
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.
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