QRG Capital Management Inc. and
Dimensional Fund Advisors LP have adjusted their stakes in
TransDigm Group Incorporated. QRG Capital Management has purchased an additional 86 shares while Dimensional Fund reduced their stake. The
air travel rebound has positively impacted Transdigm’s performance, its strong trading outperforming competitors.
Insider sales have been notable with Co-COO Joel Reiss selling 3,000 shares.
Kevin M Stein, TransDigm's CEO, also sold 10,000 shares.
Analyst recommendations are positive and mixed, with StockNews.com upgrading the stock to a buy, Barclays raising the price target to $1500, and TD Cowen increasing the target to $1400. TransDigm's
Q2 revenue surpassed analysts' predictions aligning with EPS projections. Strong guidance for 2024 has uplifted the stock’s market performance and outpaced aerospace peers.
TransDigm also announced a $550M secured notes offering. It was recently declared part of the 95-Plus Composite Rating Club.
Transdigm Group TDG News Analytics from Thu, 09 Nov 2023 08:00:00 GMT to Sun, 19 May 2024 14:57:16 GMT -
Rating 6
- Innovation 1
- Information 8
- Rumor -1
