TransDigm co-COO Joel Reiss sells $4.27 million in company stock
In a recent move, TransDigm Group INC (NASDAQ:TDG) Co-Chief Operating Officer Joel Reiss sold roughly $4.27 million worth of company stock on September 15, 2026. He divested 3,900 shares of common stock, with prices fluctuating between $1,082.35 and $1,119.02 per share. The company's current market cap stands at $66.45 billion. According to InvestingPro analysis, TransDigm's stock may be slightly overvalued at present levels.
Prior to these sales, Reiss had acquired 3,900 shares by exercising stock options at $284.97 per share, equaling about $1.11 million. These options were exercisable as of September 30, 2021, and will expire on November 8, 2027. Post these transactions, Reiss currently holds 3,600 shares of common stock and 4,100 derivative securities, including stock options.
Meanwhile, TransDigm Group surpassed analyst expectations for its fiscal fourth-quarter 2026 earnings, reporting adjusted earnings of $12.44 per share, beating the estimated $12.22 per share. The company's revenue also outpaced expectations, reaching $2.99 billion compared to the forecasted $2.95 billion. TransDigm's full-year results, EBITDA, and free cash flow also exceeded projections.
The market reacted positively to these financial results, indicating a strong performance for the company.
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