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Director W Nicholas Howley of TransDigm Group INC (NYSE:TDG), an $80 billion aerospace components manufacturer with impressive gross margins of nearly 60%, sold a total of 2236 shares of common stock on June 16, 2025, with the transactions valued at $3.95 million. The sales were executed at prices ranging from $1438.4412 to $1450.0. According to InvestingPro analysis, TDG is currently trading above its Fair Value, with strong financial health metrics earning a "GREAT" overall rating.
On the same day, Howley also exercised stock options for 2736 shares of TransDigm Group INC at a price of $140.92, totaling $385557.
Following these transactions, the shares owned following the transaction are 21547.513. These shares are held indirectly through the W. Nicholas Howley Family Trust u/a/d 4/23/99.
In other recent news, Servotronics Inc. has entered into a revised merger agreement with TransDigm Group Incorporated, resulting in a higher tender offer price of $47.00 per share in cash for all outstanding shares. This development follows an unsolicited acquisition proposal from a third party, which Servotronics’ Board of Directors deemed inferior to TransDigm’s amended offer. The merger deal represents a significant premium over Servotronics’ previous closing share price and has been unanimously approved by its Board. The acquisition is valued at approximately $110 million, including tax benefits, and will be financed with TransDigm’s available cash.
TransDigm has also been active in the debt markets, pricing a $2.65 billion offering of 6.375% senior notes due 2033. The proceeds from this offering will be used to redeem existing 5.5% notes due in 2027, expected to result in a short-term financial headwind. Jefferies has maintained a Buy rating for TransDigm with a price target of $1,600, acknowledging the potential financial impact but highlighting the improved debt maturity profile. The company’s net leverage is positioned at 5.1 times, allowing for strategic growth opportunities through mergers and acquisitions. These recent developments reflect TransDigm’s strategic initiatives to strengthen its financial position and expand its market presence.
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