TransDigm Group Inc (NYSE:TDG), a leading global designer, producer, and supplier of highly engineered aerospace components, parts, and systems, has reported an insider sell according to a recent SEC filing. Co-Chief Operating Officer Joel Reiss sold 3,000 shares of the company on April 15, 2024. The transaction was executed at an average price of $1,233.10 per share, resulting in a total value of $3,699,300.Joel Reiss has a history of selling shares in the company; over the past year, the insider has sold a total of 27,000 shares and has not made any purchases.The insider transaction history for TransDigm Group Inc shows a pattern of insider sales, with 49 insider sells and no insider buys over the past year.

In terms of valuation, TransDigm Group Inc's shares were trading at $1,233.10 on the day of the sale, giving the company a market capitalization of $68.0148 billion. The price-earnings ratio stands at 51.92, which is above both the industry median of 32.98 and the company's historical median price-earnings ratio.The stock's price relative to the GuruFocus Value (GF Value) indicates that TransDigm Group Inc is significantly overvalued. With a share price of $1,233.10 and a GF Value of $932.63, the price-to-GF-Value ratio is 1.32.

The GF Value is calculated considering historical trading multiples, a GuruFocus adjustment factor based on the company's past returns and growth, and future business performance estimates from Morningstar analysts.For investors monitoring insider activity, the recent sell by Co-COO Joel Reiss may be of interest as it contributes to the ongoing trend of insider sales at TransDigm Group Inc. The details of the transaction can be found in the SEC Filing.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

This article first appeared on GuruFocus.