Raymond F. Laubenthal Sells 6,000 Shares of Transdigm Group Incorporated (TDG) Stock

Transdigm Group Incorporated (NYSE:TDG) Director Raymond F. Laubenthal sold 6,000 shares of Transdigm Group stock in a transaction that occurred on Monday, October 16th. The stock was sold at an average price of $263.78, for a total value of $1,582,680.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Shares of Transdigm Group Incorporated (TDG) opened at 265.70 on Thursday. The company has a market cap of $13.79 billion, a P/E ratio of 29.52 and a beta of 0.53. Transdigm Group Incorporated has a one year low of $203.72 and a one year high of $295.00. The company’s 50-day moving average price is $260.34 and its 200 day moving average price is $262.46.

Transdigm Group (NYSE:TDG) last posted its earnings results on Tuesday, August 8th. The aerospace company reported $3.30 EPS for the quarter, topping the Zacks’ consensus estimate of $2.98 by $0.32. The business had revenue of $907.67 million during the quarter, compared to analyst estimates of $903.99 million. Transdigm Group had a negative return on equity of 40.12% and a net margin of 14.47%. The company’s quarterly revenue was up 13.8% compared to the same quarter last year. During the same quarter last year, the company earned $3.09 EPS. On average, equities research analysts anticipate that Transdigm Group Incorporated will post $12.30 earnings per share for the current year.

ILLEGAL ACTIVITY NOTICE: “Raymond F. Laubenthal Sells 6,000 Shares of Transdigm Group Incorporated (TDG) Stock” was first posted by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this story on another site, it was illegally stolen and reposted in violation of U.S. & international trademark and copyright laws. The legal version of this story can be read at https://ledgergazette.com/2017/10/19/raymond-f-laubenthal-sells-6000-shares-of-transdigm-group-incorporated-tdg-stock-2.html.

Institutional investors have recently bought and sold shares of the business. Stifel Financial Corp grew its holdings in shares of Transdigm Group by 20.8% in the first quarter. Stifel Financial Corp now owns 4,260 shares of the aerospace company’s stock worth $936,000 after acquiring an additional 734 shares during the period. OppenheimerFunds Inc. grew its holdings in shares of Transdigm Group by 19.8% in the first quarter. OppenheimerFunds Inc. now owns 1,702 shares of the aerospace company’s stock worth $375,000 after acquiring an additional 281 shares during the period. Rothschild Asset Management Inc. bought a new stake in shares of Transdigm Group in the first quarter worth $399,000. Thrivent Financial For Lutherans grew its holdings in shares of Transdigm Group by 5.2% in the first quarter. Thrivent Financial For Lutherans now owns 1,830 shares of the aerospace company’s stock worth $403,000 after acquiring an additional 90 shares during the period. Finally, Global X Management Co. LLC grew its holdings in shares of Transdigm Group by 31.8% in the first quarter. Global X Management Co. LLC now owns 1,818 shares of the aerospace company’s stock worth $400,000 after acquiring an additional 439 shares during the period.

A number of equities research analysts have weighed in on TDG shares. Zacks Investment Research downgraded Transdigm Group from a “buy” rating to a “hold” rating and set a $308.00 target price for the company. in a report on Thursday, July 13th. Morgan Stanley reiterated an “equal weight” rating and issued a $281.00 target price (up from $245.00) on shares of Transdigm Group in a report on Thursday, July 13th. Jefferies Group LLC reiterated a “buy” rating and issued a $283.00 target price on shares of Transdigm Group in a report on Friday, July 14th. Wolfe Research downgraded Transdigm Group from an “outperform” rating to a “market perform” rating in a report on Thursday, July 20th. Finally, BidaskClub downgraded Transdigm Group from a “strong-buy” rating to a “buy” rating in a report on Monday, July 31st. Two analysts have rated the stock with a sell rating, five have given a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $295.58.

About Transdigm Group

TransDigm Group Incorporated is a designer, producer and supplier of engineered aircraft components for use on commercial and military aircraft in service. The Company operates through three segments: Power & Control, Airframe and Non-aviation. The Power & Control segment includes operations that primarily develop, produce and market systems and components that provide power to or control power of the aircraft utilizing electronic, fluid, power and mechanical motion control technologies.

Shares of Transdigm Group Incorporated (TDG) opened at 265.70 on Thursday. The company has a market cap of $13.79 billion, a P/E ratio of 29.52 and a beta of 0.53. Transdigm Group Incorporated has a one year low of $203.72 and a one year high of $295.00. The company’s 50-day moving average price is $260.34 and its 200 day moving average price is $262.46.

Transdigm Group (NYSE:TDG) last posted its earnings results on Tuesday, August 8th. The aerospace company reported $3.30 EPS for the quarter, topping the Zacks’ consensus estimate of $2.98 by $0.32. The business had revenue of $907.67 million during the quarter, compared to analyst estimates of $903.99 million. Transdigm Group had a negative return on equity of 40.12% and a net margin of 14.47%. The company’s quarterly revenue was up 13.8% compared to the same quarter last year. During the same quarter last year, the company earned $3.09 EPS. On average, equities research analysts anticipate that Transdigm Group Incorporated will post $12.30 earnings per share for the current year.

ILLEGAL ACTIVITY NOTICE: “Raymond F. Laubenthal Sells 6,000 Shares of Transdigm Group Incorporated (TDG) Stock” was first posted by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this story on another site, it was illegally stolen and reposted in violation of U.S. & international trademark and copyright laws. The legal version of this story can be read at https://ledgergazette.com/2017/10/19/raymond-f-laubenthal-sells-6000-shares-of-transdigm-group-incorporated-tdg-stock-2.html.

Institutional investors have recently bought and sold shares of the business. Stifel Financial Corp grew its holdings in shares of Transdigm Group by 20.8% in the first quarter. Stifel Financial Corp now owns 4,260 shares of the aerospace company’s stock worth $936,000 after acquiring an additional 734 shares during the period. OppenheimerFunds Inc. grew its holdings in shares of Transdigm Group by 19.8% in the first quarter. OppenheimerFunds Inc. now owns 1,702 shares of the aerospace company’s stock worth $375,000 after acquiring an additional 281 shares during the period. Rothschild Asset Management Inc. bought a new stake in shares of Transdigm Group in the first quarter worth $399,000. Thrivent Financial For Lutherans grew its holdings in shares of Transdigm Group by 5.2% in the first quarter. Thrivent Financial For Lutherans now owns 1,830 shares of the aerospace company’s stock worth $403,000 after acquiring an additional 90 shares during the period. Finally, Global X Management Co. LLC grew its holdings in shares of Transdigm Group by 31.8% in the first quarter. Global X Management Co. LLC now owns 1,818 shares of the aerospace company’s stock worth $400,000 after acquiring an additional 439 shares during the period.

A number of equities research analysts have weighed in on TDG shares. Zacks Investment Research downgraded Transdigm Group from a “buy” rating to a “hold” rating and set a $308.00 target price for the company. in a report on Thursday, July 13th. Morgan Stanley reiterated an “equal weight” rating and issued a $281.00 target price (up from $245.00) on shares of Transdigm Group in a report on Thursday, July 13th. Jefferies Group LLC reiterated a “buy” rating and issued a $283.00 target price on shares of Transdigm Group in a report on Friday, July 14th. Wolfe Research downgraded Transdigm Group from an “outperform” rating to a “market perform” rating in a report on Thursday, July 20th. Finally, BidaskClub downgraded Transdigm Group from a “strong-buy” rating to a “buy” rating in a report on Monday, July 31st. Two analysts have rated the stock with a sell rating, five have given a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $295.58.

About Transdigm Group

TransDigm Group Incorporated is a designer, producer and supplier of engineered aircraft components for use on commercial and military aircraft in service. The Company operates through three segments: Power & Control, Airframe and Non-aviation. The Power & Control segment includes operations that primarily develop, produce and market systems and components that provide power to or control power of the aircraft utilizing electronic, fluid, power and mechanical motion control technologies.

Insider Buying and Selling by Quarter for Transdigm Group (NYSE:TDG)

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