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 TransDigm Group stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of $1,248.78, for a total value of $47,519,825.34. Following the completion of the transaction, the director now owns 567,323 shares of the company’s stock, valued at $708,461,615.94. This trade represents a 6.29 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

TransDigm Group Trading Down 2.8 %

TDG opened at $1,239.00 on Thursday. The business’s 50 day moving average is $1,310.75 and its 200-day moving average is $1,311.69. The stock has a market cap of $69.67 billion, a PE ratio of 48.40, a price-to-earnings-growth ratio of 2.89 and a beta of 1.39. TransDigm Group Incorporated has a twelve month low of $972.08 and a twelve month high of $1,451.32.

TransDigm Group Increases Dividend

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

Institutional Investors Weigh In On TransDigm Group

A number of hedge funds have recently made changes to their positions in the business. First Personal Financial Services bought a new stake in TransDigm Group during the third quarter worth approximately $29,000. Erste Asset Management GmbH bought a new stake in TransDigm Group during the third quarter worth approximately $29,000. DT Investment Partners LLC raised its holdings in 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 in the last quarter. Meeder Asset Management Inc. raised its holdings in 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 in the last quarter. Finally, Hershey Financial Advisers LLC bought a new stake in TransDigm Group during the second quarter worth approximately $41,000. Institutional investors own 95.78% of the company’s stock.

Wall Street Analysts Forecast Growth

TDG has been the subject of a number of research reports. StockNews.com downgraded TransDigm Group from a “buy” rating to a “hold” rating in a research note on Friday, December 6th. JPMorgan Chase & Co. lifted their price target on TransDigm Group from $1,435.00 to $1,555.00 and gave the stock a “neutral” rating in a research note on Monday, October 14th. Citigroup lifted their price target on TransDigm Group from $1,563.00 to $1,600.00 and gave the stock a “buy” rating in a research note on Thursday, December 5th. KeyCorp lifted their price target on TransDigm Group from $1,440.00 to $1,500.00 and gave the stock an “overweight” rating in a research note on Thursday, October 24th. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on TransDigm Group from $1,524.00 to $1,577.00 and gave the stock a “buy” rating in a research note on Thursday, October 3rd. Seven investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. Based on data from MarketBeat, TransDigm Group presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,465.47.

About TransDigm Group

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.