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

TransDigm Group Incorporated (NYSE:TDG) Director Robert J. Small sold 38,053 shares of the business’s stock in a transaction that occurred on 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 completion of the sale, the director now owns 567,323 shares of the company’s stock, valued at $708,461,615.94. The trade was a 6.29 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link.

TransDigm Group Stock Down 0.5 %

TDG opened at $1,274.24 on Wednesday. The firm’s 50-day moving average price is $1,313.71 and its 200-day moving average price is $1,312.20. The company has a market cap of $71.65 billion, a P/E ratio of 49.78, a price-to-earnings-growth ratio of 2.89 and a beta of 1.39. TransDigm Group Incorporated has a 52-week low of $972.08 and a 52-week high of $1,451.32.

TransDigm Group Increases Dividend

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

Institutional Investors Weigh In On TransDigm Group

A number of institutional investors and hedge funds have recently modified their holdings of TDG. First Personal Financial Services acquired a new position in TransDigm Group in the 3rd quarter worth approximately $29,000. Erste Asset Management GmbH acquired a new stake in shares of TransDigm Group in the third quarter worth $29,000. DT Investment Partners LLC raised its holdings in shares of TransDigm Group by 68.8% during the third quarter. DT Investment Partners LLC now owns 27 shares of the aerospace company’s stock worth $39,000 after purchasing an additional 11 shares during the last quarter. Meeder Asset Management Inc. raised its holdings in shares of TransDigm Group by 275.0% during the second quarter. Meeder Asset Management Inc. now owns 30 shares of the aerospace company’s stock worth $38,000 after purchasing an additional 22 shares during the last quarter. Finally, Hershey Financial Advisers LLC acquired a new position in TransDigm Group during the second quarter valued at $41,000. Institutional investors and hedge funds own 95.78% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on TDG shares. Deutsche Bank Aktiengesellschaft upped their target price on TransDigm Group from $1,524.00 to $1,577.00 and gave the stock a “buy” rating in a report on Thursday, October 3rd. 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. KeyCorp raised their target price on shares of TransDigm Group from $1,440.00 to $1,500.00 and gave the company an “overweight” rating in a research report on Thursday, October 24th. Citigroup increased their price objective on shares of TransDigm Group from $1,563.00 to $1,600.00 and gave the company a “buy” rating in a research note on Thursday, December 5th. Finally, StockNews.com downgraded shares of TransDigm Group from a “buy” rating to a “hold” rating in a research note on Friday, December 6th. Seven equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. According to data from MarketBeat.com, TransDigm Group presently has an average rating of “Moderate Buy” and a consensus target price of $1,465.47.

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.