TransDigm Group Incorporated (NYSE:TDG) is gaining significant attention from several financial institutions and individual investors. Several firms such as Banco Santander S.A., QRG Capital Management Inc., and Quantbot Technologies LP have sizable holdings, which signifies strong institutional support for the stock. Recently, TransDigm's financial performance has been deemed impressive by street analysts, outperforming aerospace and industrial stocks. Furthermore, Truist Financial has recently increased its price target for the company to $1,483.00, indicating a positive outlook. In addition to this, a few corporate insiders sold a significant amount of shares, including CEO Kevin M Stein, COO Joel Reiss, and Director W Nicholas Howley. Despite the insider selling, TransDigm has delivered stellar returns of 226% over the past five years and has beaten Q2 earnings and revenue estimates. Lastly, the company completed the acquisition of the Electron Device Business of Communications & Power Industries (CPI) and Raptor Scientific. It also announced an upcoming investor conference.
Transdigm Group TDG News Analytics from Thu, 09 Nov 2023 08:00:00 GMT to Sun, 21 Jul 2024 14:49:13 GMT -
Rating 5
- Innovation 5
- Information 8
- Rumor -3
