Shares of Transdigm Group Incorporated (TDG) Sees Large Outflow of Money

Transdigm Group Incorporated (TDG) : The value of composite uptick trades was $15.98 million, whereas, the value of composite downtick trades was $19.67 million. The uptick to downtick ratio stood at 0.81 with a negative money flow of ($3.68) Million during Thursdays trading session. The block trades money flow was negative ($8.62 million). The transaction of the trades on downticks amounted to $8.62 million, which confirms investors selling on the strength of price. Transdigm Group Incorporated (TDG) gained 111 cents at $272.2, an increase of 0.41% over the previous days close.


The stock has recorded a 20-day Moving Average of 3.96% and the 50-Day Moving Average is 6.65%. Shares have rallied 15.80% from its 1 Year high price. On Jul 8, 2016, the shares registered one year high at $270.08 and the one year low was seen on Feb 9, 2016. The 50-Day Moving Average price is $261.14 and the 200 Day Moving Average price is recorded at $232.91.

Transdigm Group Incorporated (NYSE:TDG): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $273.60 and $270.67 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $273.60. The buying momentum continued till the end and the stock did not give up its gains. It closed at $272.74, notching a gain of 0.61% for the day. The total traded volume was 335,898 . The stock had closed at $271.09 on the previous day.

In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the Officer (Executive Vice President) of TransDigm Group INC, Iversen Bernt G Ii had sold 10,000 shares worth of $2,618,400 in a transaction dated June 30, 2016. In this transaction, 10,000 shares were sold at $261.84 per share.

TransDigm Group Incorporated (TransDigm) is a designer, producer and supplier of engineered aircraft components for use on commercial and military aircraft. The Company operates through three segments: Power & Control, Airframe and Non-aviation. Its Power & Control segment includes operations that primarily develop, produce and market systems and components that provide power to or control power of the aircraft utilizing electronic, fluid, power and mechanical motion control technologies. Its Airframe segment includes operations that primarily develop, produce and market systems and components that are used in non-power airframe applications utilizing airframe and cabin structure technologies. Its Non-aviation segment includes operations that primarily develop, produce and market products for non-aviation markets. Its product offerings include mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, and power conditioning devices.

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