Transdigm Group Incorporated’s filing revealed that its Co-Chief Operating Officer Reiss Joel unloaded Company’s shares for reported $4.08 million on Jan 21 ’25. In the deal valued at $1359.06 per share,3,000 shares were sold. As a result of this transaction, Reiss Joel now holds 3,600 shares worth roughly $4.71 million.
Then, Howley W Nicholas sold 5,472 shares, generating $7,095,899 in total proceeds. Upon selling the shares at $1296.77, the Director now owns 21,548 shares.
Before that, Stein Kevin M sold 20,000 shares. Transdigm Group Incorporated shares valued at $25,344,186 were divested by the President & CEO at a price of $1267.21 per share. As a result of the transaction, Stein Kevin M now holds 8,158 shares, worth roughly $10.67 million.
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 Tuesday, Transdigm Group Incorporated [NYSE:TDG] saw its stock fall -3.34% to $1307.66. Over the last five days, the stock has lost -1.64%. Transdigm Group Incorporated shares have risen nearly 3.19% since the year began. Nevertheless, the stocks have risen 23.97% over the past one year. While a 52-week high of $1424.68 was reached on 01/23/25, a 52-week low of $1042.68 was recorded on 01/08/25. SMA at 50 days reached $1,289.07, while 200 days put it at $1,306.82.
Levels Of Support And Resistance For TDG Stock
The 24-hour chart illustrates a support level at 1,253.36, which if violated will result in even more drops to 1,199.06. On the upside, there is a resistance level at 1,362.06. A further resistance level may holdings at 1,416.46. The Relative Strength Index (RSI) on the 14-day chart is 47.55, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.41, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 56.99%. Stochastics %K at 64.96% indicates the stock is a holding.
How much short interest is there in Transdigm Group Incorporated?
A steep rise in short interest was recorded in Transdigm Group Incorporated stocks on 2025-01-15, growing by 0.23 million shares to a total of 1.12 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 0.88 million shares. There was a rise of 20.9%, 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 .
