Transdigm Group (TDG) Gets a Hold from Susquehanna

In a report released today, Charles Minervino from Susquehanna maintained a Hold rating on Transdigm Group, with a price target of $1,350.00.

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According to TipRanks, Minervino is a 5-star analyst with an average return of 18.4% and a 63.40% success rate. Minervino covers the Energy sector, focusing on stocks such as TechnipFMC, Nabors Industries, and NOV.

In addition to Susquehanna, Transdigm Group also received a Hold from RBC Capital’s Kenneth Herbert in a report issued yesterday. However, today, Morgan Stanley maintained a Buy rating on Transdigm Group (NYSE: TDG).

Based on Transdigm Group’s latest earnings release for the quarter ending December 27, the company reported a quarterly revenue of $2.29 billion and a net profit of $386 million. In comparison, last year the company earned a revenue of $2.01 billion and had a net profit of $493 million

Based on the recent corporate insider activity of 116 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TDG in relation to earlier this year. Last month, Nicholas Howley, the ECOB of TDG sold 10,132.00 shares for a total of $12,817,517.40.