Transdigm Group Incorporated (NYSE:TDG – Get Free Report) COO Patrick Joseph Murphy sold 290 shares of the business’s stock in a transaction on Monday, December 1st. The shares were sold at an average price of $1,351.06, for a total value of $391,807.40. Following the completion of the sale, the chief operating officer directly owned 1,055 shares in the company, valued at approximately $1,425,368.30. This represents a 21.56% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
Patrick Joseph Murphy also recently made the following trade(s):
- On Monday, November 3rd, Patrick Joseph Murphy sold 290 shares of Transdigm Group stock. The shares were sold at an average price of $1,310.00, for a total value of $379,900.00.
- On Monday, October 27th, Patrick Joseph Murphy sold 580 shares of Transdigm Group stock. The shares were sold at an average price of $1,354.76, for a total value of $785,760.80.
Transdigm Group Stock Performance
Shares of NYSE:TDG opened at $1,344.00 on Wednesday. The company’s fifty day moving average is $1,311.05 and its 200-day moving average is $1,396.94. Transdigm Group Incorporated has a 52 week low of $1,183.60 and a 52 week high of $1,623.82. The company has a market capitalization of $75.69 billion, a PE ratio of 44.61, a P/E/G ratio of 3.25 and a beta of 1.02.
Institutional Investors Weigh In On Transdigm Group
A number of institutional investors and hedge funds have recently made changes to their positions in TDG. MassMutual Private Wealth & Trust FSB boosted its holdings in Transdigm Group by 2.8% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 257 shares of the aerospace company’s stock valued at $391,000 after acquiring an additional 7 shares during the last quarter. Diversified Enterprises LLC raised its holdings in Transdigm Group by 3.8% during the 2nd quarter. Diversified Enterprises LLC now owns 193 shares of the aerospace company’s stock worth $293,000 after purchasing an additional 7 shares during the last quarter. FSM Wealth Advisors LLC lifted its position in Transdigm Group by 3.8% during the 2nd quarter. FSM Wealth Advisors LLC now owns 191 shares of the aerospace company’s stock valued at $292,000 after purchasing an additional 7 shares during the period. Tokio Marine Asset Management Co. Ltd. boosted its stake in shares of Transdigm Group by 0.5% in the 1st quarter. Tokio Marine Asset Management Co. Ltd. now owns 1,693 shares of the aerospace company’s stock valued at $2,342,000 after purchasing an additional 8 shares during the last quarter. Finally, Fulton Bank N.A. boosted its stake in shares of Transdigm Group by 3.3% in the 2nd quarter. Fulton Bank N.A. now owns 254 shares of the aerospace company’s stock valued at $386,000 after purchasing an additional 8 shares during the last quarter. Institutional investors own 95.78% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently commented on TDG shares. Weiss Ratings restated a “buy (b-)” rating on shares of Transdigm Group in a research report on Monday. KeyCorp reduced their price objective on Transdigm Group from $1,700.00 to $1,600.00 and set an “overweight” rating on the stock in a research note on Friday, August 8th. Jefferies Financial Group decreased their target price on Transdigm Group from $1,650.00 to $1,490.00 and set a “buy” rating on the stock in a report on Wednesday, September 17th. Truist Financial lowered their target price on Transdigm Group from $1,730.00 to $1,647.00 and set a “buy” rating for the company in a research note on Wednesday, October 15th. Finally, Zacks Research downgraded shares of Transdigm Group from a “hold” rating to a “strong sell” rating in a research report on Monday, October 27th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $1,576.29.
View Our Latest Research Report on TDG
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.
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