TransDigm Group Incorporated (NYSE:TDG) Director Robert J. Small Sells 38,053 Shares

TransDigm Group Incorporated (NYSE:TDG) Director Robert J. Small sold 38,053 shares of the stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $1,248.78, for a total value of $47,519,825.34. Following the sale, the director now owns 567,323 shares of the company’s stock, valued at $708,461,615.94. This represents a 6.29 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

TransDigm Group Stock Performance

Shares of TDG stock opened at $1,280.04 on Tuesday. The company has a market capitalization of $71.98 billion, a price-to-earnings ratio of 50.00, a price-to-earnings-growth ratio of 2.89 and a beta of 1.39. TransDigm Group Incorporated has a one year low of $972.08 and a one year high of $1,451.32. The company’s 50-day moving average is $1,315.74 and its 200 day moving average is $1,312.69.

TransDigm Group Increases Dividend

The firm also recently disclosed a special dividend, which was paid on Friday, October 18th. Investors of record on Friday, October 4th were given a $75.00 dividend. The ex-dividend date was Friday, October 4th. This is a boost from TransDigm Group’s previous special dividend of $32.50.

Analyst Upgrades and Downgrades

TDG has been the topic of several recent analyst reports. StockNews.com cut shares of TransDigm Group from a “buy” rating to a “hold” rating in a report on Friday, December 6th. JPMorgan Chase & Co. increased their target price on shares of TransDigm Group from $1,435.00 to $1,555.00 and gave the stock a “neutral” rating in a report on Monday, October 14th. Deutsche Bank Aktiengesellschaft boosted their price target on TransDigm Group from $1,524.00 to $1,577.00 and gave the company a “buy” rating in a report on Thursday, October 3rd. KeyCorp increased their price objective on TransDigm Group from $1,440.00 to $1,500.00 and gave the stock an “overweight” rating in a report on Thursday, October 24th. Finally, Wells Fargo & Company reduced their target price on TransDigm Group from $1,500.00 to $1,375.00 and set an “equal weight” rating on the stock in a research note on Wednesday, December 11th. Seven investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. Based on data from MarketBeat, TransDigm Group currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,465.47.

Institutional Trading of TransDigm Group

A number of institutional investors and hedge funds have recently modified their holdings of the business. Oddo BHF Asset Management Sas bought a new stake in TransDigm Group in the 3rd quarter worth about $716,000. Franklin Resources Inc. raised its holdings in shares of TransDigm Group by 2.2% during the third quarter. Franklin Resources Inc. now owns 205,543 shares of the aerospace company’s stock valued at $290,151,000 after purchasing an additional 4,442 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new position in TransDigm Group during the third quarter valued at approximately $618,000. Sanctuary Advisors LLC boosted its holdings in TransDigm Group by 184.9% in the third quarter. Sanctuary Advisors LLC now owns 6,860 shares of the aerospace company’s stock worth $9,790,000 after purchasing an additional 4,452 shares during the last quarter. Finally, Anchor Investment Management LLC grew its position in TransDigm Group by 5.0% in the 3rd quarter. Anchor Investment Management LLC now owns 917 shares of the aerospace company’s stock worth $1,309,000 after purchasing an additional 44 shares during the period. Institutional investors own 95.78% of the company’s stock.

TransDigm Group Company Profile

TransDigm Group Incorporated designs, produces, and supplies aircraft components in the United States and internationally. The 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, batteries and chargers, databus and power controls, sensor products, switches and relay panels, hoists, winches and lifting devices, and cargo loading and handling systems.