On May 15, 2024, Joel Reiss, the 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 $1,282.78 per share, as detailed in the SEC Filing. Following this transaction, the insider has sold a total of 30,000 shares over the past year, with no recorded purchases.
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.
The sale by the insider comes at a time when the stock is trading at a market cap of approximately $72.14 billion. The price-earnings ratio of the company stands at 51.14, which is above both the industry median of 35.31 and the company's historical median.
According to the GF Value, the intrinsic value of TransDigm Group Inc is estimated at $997.17 per share, making the stock modestly overvalued with a price-to-GF-Value ratio of 1.29.
The insider transaction history for TransDigm Group Inc shows a trend of more insider sales than buys over the past year, with 50 insider sells and only 2 insider buys recorded.
This recent sale by the insider may interest investors tracking insider behaviors, especially considering the stock's valuation metrics and market performance.
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