Transdigm Group (NYSE:TDG) Stock Price Crosses Above 50 Day Moving Average – Time to Sell?

Transdigm Group Incorporated (NYSE:TDG)’s share price passed above its 50-day moving average during trading on Wednesday. The stock has a 50-day moving average of $1,130.93 and traded as high as $1,151.68. Transdigm Group shares last traded at $1,138.08, with a volume of 254,752 shares trading hands.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on TDG. Guggenheim began coverage on shares of Transdigm Group in a report on Tuesday, September 15th. They set a “neutral” rating for the company. Wells Fargo & Company lowered their price objective on Transdigm Group from $1,450.00 to $1,210.00 and set an “equal weight” rating for the company in a research report on Wednesday, September 30th. The Goldman Sachs Group cut their target price on Transdigm Group from $1,972.00 to $1,745.00 and set a “buy” rating for the company in a research note on Monday, October 12th. UBS Group lifted their target price on Transdigm Group from $1,585.00 to $1,695.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Finally, Wall Street Zen lowered Transdigm Group from a “buy” rating to a “hold” rating in a research note on Monday, July 20th. Five investment analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $1,428.40.

Transdigm Group Stock Down 2.4%

The company has a market cap of $64.19 billion, a PE ratio of 34.82, a price-to-earnings-growth ratio of 1.68 and a beta of 0.96. The business has a 50-day simple moving average of $1,129.32 and a 200-day simple moving average of $1,228.74.

Transdigm Group (NYSE:TDG) last released its quarterly earnings results on Tuesday, August 4th. The aerospace company reported $10.87 EPS for the quarter, topping the consensus estimate of $10.30 by $0.57. The business had revenue of $2.74 billion during the quarter, compared to analyst estimates of $2.68 billion. Transdigm Group had a negative return on equity of 23.65% and a net margin of 19.69%. The company’s quarterly revenue was up 22.5% on a year-over-year basis. During the same period last year, the business posted $9.60 earnings per share. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. As a group, equities research analysts predict that Transdigm Group Incorporated will post 38.81 EPS for the current fiscal year.

Insider Activity

In other news, COO Joel Reiss sold 4,100 shares of the firm’s stock in a transaction that occurred on Thursday, October 15th. The shares were sold at an average price of $1,128.04, for a total value of $4,624,964.00. Following the completion of the transaction, the chief operating officer owned 3,600 shares of the company’s stock, valued at approximately $4,060,944. This trade represents a 53.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director W. Howley sold 10,132 shares of the company’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $1,236.28, for a total transaction of $12,525,988.96. Following the sale, the director directly owned 21,548 shares in the company, valued at approximately $26,639,361.44. The trade was a 31.98% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 22,032 shares of company stock worth $26,250,979 in the last three months. Corporate insiders own 3.20% of the company’s stock.

Institutional Trading of Transdigm Group

Several hedge funds have recently modified their holdings of TDG. Conning Inc. increased its holdings in shares of Transdigm Group by 4.1% in the third quarter. Conning Inc. now owns 230 shares of the aerospace company’s stock valued at $249,000 after purchasing an additional 9 shares during the period. NewEdge Advisors LLC raised its stake in shares of Transdigm Group by 0.3% during the first quarter. NewEdge Advisors LLC now owns 3,297 shares of the aerospace company’s stock worth $3,822,000 after purchasing an additional 11 shares during the last quarter. International Assets Investment Management LLC lifted its holdings in shares of Transdigm Group by 36.1% during the first quarter. International Assets Investment Management LLC now owns 49 shares of the aerospace company’s stock worth $57,000 after purchasing an additional 13 shares during the period. SBI Securities Co. Ltd. lifted its holdings in shares of Transdigm Group by 5.8% during the third quarter. SBI Securities Co. Ltd. now owns 238 shares of the aerospace company’s stock worth $258,000 after purchasing an additional 13 shares during the period. Finally, Turtle Creek Wealth Advisors LLC grew its position in Transdigm Group by 6.3% in the 1st quarter. Turtle Creek Wealth Advisors LLC now owns 236 shares of the aerospace company’s stock valued at $274,000 after buying an additional 14 shares during the last quarter. 95.78% of the stock is currently owned by institutional investors and hedge funds.

About Transdigm Group

TransDigm Group Incorporated (NYSE: TDG) is a global aerospace manufacturing company that designs, produces and supplies aircraft components, systems and related products. Its portfolio includes mechanical and electrical systems, cockpit and cabin products, airframe components, power and control systems, engine components, and other specialized equipment used in commercial, business and general aviation, and military aircraft.

The company serves aircraft manufacturers, airlines, aircraft operators, maintenance providers and defense customers.