ING Groep NV has acquired a new stake of 5,985 shares in TransDigm Group Incorporated (NYSE:TDG), valued at approximately $7.89 million, bringing institutional ownership to 95.78%. Despite recent insider selling, with executives offloading 242,485 shares worth about $331.9 million, the company reported strong Q3 earnings, beating EPS estimates and showing a 13.9% year-over-year revenue increase. Analysts maintain a “Moderate Buy” consensus rating with an average target price of $1,584.44.
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ING Groep NV Purchases New Position in Transdigm Group Incorporated $TDG
ING Groep NV has acquired a new stake of 5,985 shares in TransDigm Group Incorporated (NYSE:TDG), valued at approximately $7.89 million, bringing institutional ownership to 95.78%. Despite recent insider selling, with executives offloading 242,485 shares worth about $331.9 million, the company reported strong Q3 earnings, beating EPS estimates and showing a 13.9% year-over-year revenue increase. Analysts maintain a “Moderate Buy” consensus rating with an average target price of $1,584.44.