Robert J. Small, a director at TransDigm Group Inc. (NYSE:TDG), recently reported the sale of a substantial amount of company stock. According to a filing with the Securities and Exchange Commission, Small disposed of 39,053 shares on December 12, 2024, at prices ranging from $1,246.81 to $1,250.99 per share. The total value of these transactions amounted to approximately $47.5 million. The sale comes as TransDigm, currently valued at $71.9 billion, trades near its 52-week high with a P/E ratio of 49.9.
The shares were held indirectly by Stockbridge Fund, L.P., and following these transactions, Small retained ownership of 567,323 shares through the fund. Additionally, he holds shares through Stockbridge Partners LLC and family trusts, with a total of 176,747 shares remaining under his indirect ownership.
These transactions reflect Small's ongoing management of his investment in TransDigm, a company known for its role in manufacturing aircraft components.
In other recent news, TransDigm Group outperformed analyst expectations with its fourth-quarter earnings and revenue results. The company reported adjusted earnings per share of $9.83, surpassing the projected $9.29. Revenue was also higher than anticipated, at $2.19 billion against the consensus forecast of $2.16 billion, marking an 18% increase year-over-year.
Looking ahead, TransDigm has raised its fiscal 2025 outlook, expecting an adjusted EPS of $35.36-$37.28, surpassing the analyst consensus of $33.49. The company also forecasts revenue of $8.75-8.95 billion, which is ahead of the expected $7.93 billion.
TransDigm's President and CEO, Kevin Stein, expressed satisfaction with the team's performance and the overall operating results for the fourth quarter and full fiscal year of 2024. The company anticipates continued growth across its commercial OEM, commercial aftermarket, and defense end markets in fiscal 2025. The firm also noted an expansion of its EBITDA margin to 52.6% in Q4, up from 52% a year prior.
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