On September 16, 2024, Joel Reiss, Co-Chief Operating Officer of TransDigm Group Inc (TDG, Financial), sold 3,000 shares of the company. The transaction was executed at a price of $1,375.89 per share, as detailed in the SEC Filing. Following this sale, the insider now owns 3,600 shares of TransDigm Group Inc.
TransDigm Group Inc, headquartered in Cleveland, Ohio, is a leading global designer, producer, and supplier of highly engineered aerospace components, systems, and subsystems for use on nearly all commercial and military aircraft in service today.
Over the past year, Joel Reiss has sold a total of 30,000 shares and has not made any purchases of the stock. This recent transaction is part of a broader trend within the company, where there have been 49 insider sells and only 1 insider buy over the past year.
As of the date of the sale, TransDigm Group Inc (TDG, Financial) had a market cap of approximately $77.08 billion. The stock's price-earnings ratio stood at 50.82, which is above both the industry median of 32.795 and the company’s historical median.
The GF Value of TransDigm Group Inc is calculated at $1,057.49, indicating that the stock is Modestly Overvalued with a price-to-GF-Value ratio of 1.3.
The GF Value is derived from historical trading multiples, an adjustment factor based on the company’s past returns and growth, and future business performance estimates provided by Morningstar analysts.
This insider sale might interest investors tracking insider behaviors as an indicator of confidence levels in the company's current valuation and future prospects.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
