Large Outflow of Money Witnessed in Transdigm Group Incorporated

Shares of Transdigm Group Incorporated (TDG) traded 1.18 points or 0.55% higher at $217.58.The total intraday money flow for the shares came in at a disappointing $(-1.63) million. The total upticks amounted to $40.46 million and the total downticks were approximately $42.1 million, with the up/down ratio of 0.96. On a different note, the shares have seen -0.65% price change during the week.In a block trade which occurred during the day, the stock had an inflow of $0 million in upticks and an outflow of $6.8 million in downticks. The up/down ratio for the block was found to be 0. The net money flow for the block transaction was $(-6.8) million.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

TransDigm Group Incorporated has lost 0.9% in the last five trading days and dropped 11.76% in the last 4 weeks. TransDigm Group Incorporated has dropped 19.37% during the last 3-month period . Year-to-Date the stock performance stands at -11.76%. Transdigm Group Incorporated (NYSE:TDG) rose 1.52% or 3.28 points on Wednesday and made its way into the gainers of the day. After trading began at $217.13 the stock was seen hitting $220.04 as a peak level and $216.31 as the lowest level. The stock ended up at $219.68. The daily volume was measured at 2,135,363 shares. The 52-week high of the share price is $294.38 and the 52-week low is $180.76. The company has a market cap of $11,735 million.

Company has reported several Insider transactions to the SEC, on Jan 4, 2017, Robert S Henderson (Exec.V.P.) sold 10,000 shares at 250.89 per share price.On Dec 14, 2016, Robert J Small (director) purchased 91,978 shares at 247.37 per share price.On Dec 9, 2016, W Nicholas Howley (Chief Executive Officer) sold 37,000 shares at 251.49 per share price.

TransDigm Group Incorporated Last issued its quarterly earnings results on Nov 14, 2016. The company reported $3.29 EPS for the quarter, beating the analyst consensus estimate by $ 0.09. Analyst had a consensus of $3.20. The company had revenue of $875.20 million for the quarter, compared to analysts expectations of $879.33 million. The companys revenue was up 8.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.83 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.TransDigm Group Incorporated was Initiated by SunTrust to Buy on Jan 19, 2017. TransDigm Group Incorporated was Initiated by RBC Capital Mkts on Jan 12, 2017 to Outperform, Price Target of the shares are set at $316.TransDigm Group Incorporated was Downgraded by Wellington Shields to Hold on Nov 15, 2016. Company shares were Upgraded by Deutsche Bank on Nov 15, 2016 to Buy, Raises Price Target to $ 290 from a previous price target of $282 .

TransDigm Group, through its wholly-owned subsidiaries, including TransDigm Inc., is a leading global designer, producer and supplier of highly engineered components for use on nearly all commercial and military aircraft in service today.

Transdigm

Share this post

Leave a Reply