Transdigm Group Incorporated’s recent filing unveils that its Director Howley W Nicholas unloaded Company’s shares for reported $7.1 million on Jan 15 ’25. In the deal valued at $1296.77 per share,5,472 shares were sold. As a result of this transaction, Howley W Nicholas now holds 21,548 shares worth roughly $28.87 million.
Then, Stein Kevin M sold 20,000 shares, generating $25,344,186 in total proceeds. Upon selling the shares at $1267.21, the President & CEO now owns 8,158 shares.
Before that, Howley W Nicholas bought 21,888 shares. Transdigm Group Incorporated shares valued at $28,470,378 were divested by the Officer at a price of $1300.73 per share.
Barclays downgraded its Transdigm Group Incorporated [TDG] rating to an Equal weight from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including Deutsche Bank’s analysts, who decreased its forecast for the stock in early January from “a Buy” to “a Hold”. Northcoast began covering TDG with “Neutral” recommendation on August 01, 2024. KeyBanc Capital Markets started covering the stock on January 17, 2024. It rated TDG as “an Overweight”.
Price Performance Review of TDG
On Friday, Transdigm Group Incorporated [NYSE:TDG] saw its stock jump 1.36% to $1340.02. Over the last five days, the stock has gained 6.17%. Transdigm Group Incorporated shares have risen nearly 5.74% since the year began. Nevertheless, the stocks have risen 37.13% over the past one year. While a 52-week high of $1424.68 was reached on 01/17/25, a 52-week low of $970.84 was recorded on 01/08/25. SMA at 50 days reached $1,283.62, while 200 days put it at $1,300.09.
Levels Of Support And Resistance For TDG Stock
The 24-hour chart illustrates a support level at 1,328.57, which if violated will result in even more drops to 1,317.11. On the upside, there is a resistance level at 1,346.26. A further resistance level may holdings at 1,352.50. The Relative Strength Index (RSI) on the 14-day chart is 62.50, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 36.35, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 1.02%. Stochastics %K at 86.99% indicates the stock is a selling.
How much short interest is there in Transdigm Group Incorporated?
A steep rise in short interest was recorded in Transdigm Group Incorporated stocks on 2024-12-31, growing by 0.33 million shares to a total of 1.19 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 0.86 million shares. There was a rise of 27.78%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on December 12, 2023 when William Blair began covering the stock and recommended ‘”an Outperform”‘ rating .
