Large Inflow of Money Detected in Transdigm Group Incorporated

Transdigm Group Incorporated (TDG) : On Wednesday, The money flowed into the Transdigm Group Incorporated (TDG) stock with an uptick to downtick ratio was recorded at 1.27. Transactions worth $28.44 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $22.35 million. The total money flow into the stock was $6.09 million. The block trades reveal a bullish bias with an up-down ratio of 2.56. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $9.35 million of block transactions on upticks. The value of block trades on downticks was $3.66 million, indicating lower selling interest. The total money flow in block trades was $5.69 million. In terms of price action, Transdigm Group Incorporated (TDG) traded down $0.17 during the session at $274.05. Compared to the previous days closing, the stock was down only by -0.06%. For the week, the stock is 0.96%, over previous weeks closing.


Also, Morgan Stanley initiates coverage on Transdigm Group Incorporated (NYSE:TDG). The rating major has initiated the coverage with equal-weight rating on the shares. The Analysts at Morgan Stanley announces a current price target of $287 per share. The rating by the firm was issued on June 23, 2016.

Transdigm Group Incorporated (NYSE:TDG): The stock opened at $274.87 on Wednesday but the bulls could not build on the opening and the stock topped out at $275.73 for the day. The stock traded down to $273.58 during the day, due to lack of any buying support eventually closed down at $274.05 with a loss of -0.06% for the day. The stock had closed at $274.22 on the previous day. The total traded volume was 298,192 shares.

The stock has recorded a 20-day Moving Average of 3.46% and the 50-Day Moving Average is 5.63%. In a related news, The Securities and Exchange Commission has divulged that Iversen Bernt G Ii, Officer (Executive Vice President) of TransDigm Group INC, had unloaded 10,000 shares at an average price of $261.84 in a transaction dated on June 30, 2016. The total value of the transaction was worth $2,618,400.

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.

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