TransDigm Group Incorporated has experienced a significant decrease in short interest and underperformance in the market compared to its competitors on several trading days. However, it has also had strong trading days where it outperformed its competitors.
Major stake sales were recorded by several company insiders including CEO Kevin M. Stein, Robert J. Small, and Co-COO Joel Reiss. The company completed the acquisition of the
Electron Device Business of Communications & Power Industries (CPI). Despite underperforming some market days,
TDG stock has seen an increase of 4.52% in a week and 3.6% since the last earnings report.
Bain Capital Public Equity Management and
Center Lake Capital Management LLC both decreased their stock holdings in TransDigm Group, while other institutional investors including
Brevan Howard Capital Management LP and
Chicago Partners Investment Group LLC increased theirs. TransDigm also reported growth in their fiscal 2024 second quarter results. The company recently completed the acquisition of
Raptor Scientific and
SEI Industries LTD. Overall, despite some variation in company insider activities, TransDigm continues to make strategic acquisitions and report growth in earnings.
Transdigm Group TDG News Analytics from Wed, 29 Nov 2023 08:00:00 GMT to Sun, 16 Jun 2024 13:36:37 GMT -
Rating 3
- Innovation 3
- Information 7
- Rumor -4
