W. Nicholas Howley, a director at TransDigm Group Inc. (NYSE:TDG), recently sold a significant portion of the company's common stock. According to a recent SEC filing, Howley disposed of shares worth approximately $7.1 million on January 15, 2025. The shares were sold at prices ranging from $1,283.3927 to $1,307.7842 each. The transaction comes as TransDigm, now valued at $72.7 billion, trades near its Fair Value according to InvestingPro analysis.
In addition to the sales, Howley also exercised stock options, acquiring 5,472 shares at a price of $140.92 each, totaling $771,114. These transactions were carried out by the W. Nicholas Howley Family Trust, which continues to hold a substantial number of shares post-transaction.
TransDigm Group Inc., headquartered in Cleveland, Ohio, is a leading manufacturer of aircraft parts and auxiliary equipment.
In other recent news, TransDigm Group reported robust earnings and revenue for its fourth quarter, exceeding analyst expectations. The company's adjusted earnings per share for Q4 stood at $9.83, surpassing the analyst estimate of $9.29. Meanwhile, revenue reached $2.19 billion, outpacing the consensus forecast of $2.16 billion and marking an 18% increase year-over-year.
TransDigm also raised its outlook for fiscal 2025. The company expects adjusted EPS of $35.36-$37.28, which is above the $33.49 analyst consensus. Moreover, the firm forecasts revenue of $8.75-8.95 billion, also surpassing Wall Street's expectation of $7.93 billion.
TransDigm anticipates continued growth across its commercial OEM, commercial aftermarket, and defense end markets in fiscal 2025. The company's EBITDA margin expanded to 52.6% in Q4, up from 52% a year ago. These are recent developments that investors should note.
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