Traders Sell TransDigm Group (TDG) on Strength (TDG)

Investors sold shares of TransDigm Group (NYSE:TDG) on strength during trading on Monday. $18.23 million flowed into the stock on the tick-up and $56.30 million flowed out of the stock on the tick-down, for a money net flow of $38.07 million out of the stock. Of all equities tracked, TransDigm Group had the 0th highest net out-flow for the day. TransDigm Group traded up $0.43 for the day and closed at $328.13

Several research firms have recently weighed in on TDG. SunTrust Banks boosted their price target on TransDigm Group to $335.00 and gave the stock a “buy” rating in a report on Monday, April 16th. Stephens upgraded TransDigm Group to a “hold” rating in a report on Thursday, February 22nd. Morgan Stanley boosted their price target on TransDigm Group from $306.00 to $321.00 and gave the stock an “equal weight” rating in a report on Thursday, April 12th. Credit Suisse Group restated an “outperform” rating and set a $337.00 price target (up from $320.00) on shares of TransDigm Group in a report on Wednesday, February 7th. Finally, Royal Bank of Canada restated a “buy” rating and set a $356.00 price target on shares of TransDigm Group in a report on Friday, April 6th. One research 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. TransDigm Group has a consensus rating of “Buy” and a consensus price target of $326.57.

The company has a quick ratio of 1.86, a current ratio of 2.76 and a debt-to-equity ratio of -4.38. The company has a market capitalization of $17,127.18, a P/E ratio of 26.90, a P/E/G ratio of 1.68 and a beta of 0.78.



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 the Zacks’ consensus estimate of $2.64 by ($0.21). The company had revenue of $847.96 million during the quarter, compared to analyst estimates of $860.12 million. TransDigm Group had a negative return on equity of 27.70% and a net margin of 18.95%. TransDigm Group’s revenue was up 4.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.57 earnings per share. equities research analysts predict that TransDigm Group will post 16.69 EPS for the current fiscal year.

In other TransDigm Group news, VP Robert S. Henderson sold 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 27th. The stock was sold at an average price of $311.12, for a total value of $3,111,200.00. Following the transaction, the vice president now directly owns 35,000 shares of the company’s stock, valued at $10,889,200. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Roger Jones sold 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, April 17th. The shares were sold at an average price of $321.77, for a total value of $1,608,850.00. Following the completion of the transaction, the executive vice president now directly owns 9,000 shares in the company, valued at $2,895,930. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 88,644 shares of company stock worth $26,937,612. 11.45% of the stock is owned by insiders.

A number of institutional investors and hedge funds have recently modified their holdings of TDG. Northwestern Mutual Wealth Management Co. raised its position 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 worth $142,000 after purchasing an additional 158 shares during the period. Whittier Trust Co. of Nevada Inc. raised its position 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 worth $148,000 after purchasing an additional 454 shares during the period. Ladenburg Thalmann Financial Services Inc. raised its position 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 worth $177,000 after purchasing an additional 202 shares during the period. Alps Advisors Inc. acquired a new position in shares of TransDigm Group during the fourth quarter worth approximately $205,000. Finally, Neville Rodie & Shaw Inc. acquired a new position in shares of TransDigm Group during the fourth quarter worth approximately $205,000.

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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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