On October 15, 2024, Joel Reiss, the Co-Chief Operating Officer of TransDigm Group Inc (TDG, Financial), executed a sale of 3,000 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 3,600 shares of TransDigm Group Inc.
TransDigm Group Inc, a leading manufacturer in the aerospace industry, designs, produces, and supplies highly engineered aerospace components, systems, and subsystems. These products are used extensively in commercial and military aircraft.
Over the past year, Joel Reiss has sold a total of 30,000 shares and has not made any purchases of the company's stock. This recent transaction is part of a broader trend within the company, where there have been 50 insider sells and only 1 insider buy over the past year.
Shares of TransDigm Group Inc were trading at $1,401.75 on the day of the sale. The company has a market cap of approximately $78.67 billion. The price-earnings ratio of TransDigm Group Inc stands at 51.87, which is above both the industry median of 35.38 and the company's historical median.
The stock's valuation, according to the GF Value, is considered Significantly Overvalued with a price-to-GF-Value ratio of 1.31. The GF Value of $1,068.78 is calculated based on historical trading multiples, an adjustment factor from GuruFocus, and future business performance estimates from analysts.
This insider sale might interest investors tracking insider behaviors as an indicator of the company's future performance and valuation perspectives. The ongoing insider selling trend, coupled with the stock's current valuation metrics, could provide insights into the stock's future movements.
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.
