Transdigm Group Inc (TDG): W Nicholas Howley , Chief Executive Officer of Transdigm Group Inc sold 100,000 shares on Jun 8, 2016. The Insider selling transaction was reported by the company on Jun 9, 2016 to the Securities and Exchange Commission. The shares were sold at $265.42 per share for a total value of $26501202 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 3, 2016, Robert S Henderson (Exec.V.P.) sold 17,000 shares at $265.71 per share price.On Jun 1, 2016, Bernt G Ii Iversen (Executive Vice President) sold 10,000 shares at $264.25 per share price.Also, On May 31, 2016, Jorge Valladares (Executive Vice President) sold 10,000 shares at $254.38 per share price.On May 11, 2016, Gregory Rufus (Sr. Exec. VP) sold 20,900 shares at $242.35 per share price.
TransDigm Group Incorporated: On Thursday, Jun 9, 2016 heightened volatility was witnessed in TransDigm Group Incorporated which led to swings in the share price. The shares opened for trading at $264.1 and hit $266.54 on the upside , eventually ending the session at $266.23, with a gain of 0.47% or 1.25 points. The heightened volatility saw the trading volume jump to 4,98,510 shares. The 52-week high of the share price is $268 and the company has a market cap of $14,105 M . The 52-week low of the share price is at $180.76.
Company has been under the radar of several Street Analysts.TransDigm Group Incorporated is Reiterated by RBC Capital Mkts to Outperform and the brokerage firm has raised the Price Target to $ 271 from a previous price target of $253 .The Rating was issued on May 11, 2016.TransDigm Group Incorporated is Downgraded by KeyBanc Capital Mkts to Sector Weight. Earlier the firm had a rating of Overweight on the company shares. The Rating was issued on Apr 13, 2016.
TransDigm Group Incorporated (TransDigm) is a designer producer and supplier of engineered aircraft components for use on commercial and military aircraft. The Company operates through three segments: Power & Control Airframe and Non-aviation. Its 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. Its Airframe segment includes operations that primarily develop produce and market systems and components that are used in non-power airframe applications utilizing airframe and cabin structure technologies. Its Non-aviation segment includes operations that primarily develop produce and market products for non-aviation markets. Its product offerings include mechanical/electro-mechanical actuators and controls ignition systems and engine technology and power conditioning devices.