Allison Transmission Holdings Inc (ALSN) Insider Sells $2,080,386.00 in Stock

Allison Transmission Holdings Inc (NYSE:ALSN) insider David S. Graziosi sold 46,200 shares of the firm’s stock in a transaction on Tuesday, January 9th. The stock was sold at an average price of $45.03, for a total value of $2,080,386.00. Following the transaction, the insider now directly owns 240,323 shares of the company’s stock, valued at approximately $10,821,744.69. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

David S. Graziosi also recently made the following trade(s):

  • On Tuesday, December 12th, David S. Graziosi sold 1,800 shares of Allison Transmission stock. The stock was sold at an average price of $42.04, for a total value of $75,672.00.
  • On Tuesday, December 19th, David S. Graziosi sold 58,800 shares of Allison Transmission stock. The stock was sold at an average price of $42.51, for a total value of $2,499,588.00.

Shares of Allison Transmission Holdings Inc (ALSN) opened at $44.39 on Friday. The company has a market capitalization of $6,290.00, a price-to-earnings ratio of 19.56, a PEG ratio of 1.67 and a beta of 1.21. The company has a debt-to-equity ratio of 4.57, a current ratio of 1.50 and a quick ratio of 1.15. Allison Transmission Holdings Inc has a 1 year low of $32.93 and a 1 year high of $45.69.

Allison Transmission (NYSE:ALSN) last announced its quarterly earnings data on Monday, October 30th. The auto parts company reported $0.75 EPS for the quarter, beating the Zacks’ consensus estimate of $0.48 by $0.27. The business had revenue of $595.00 million during the quarter, compared to the consensus estimate of $533.53 million. Allison Transmission had a return on equity of 45.65% and a net margin of 16.34%. The business’s revenue for the quarter was up 37.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.27 earnings per share. analysts expect that Allison Transmission Holdings Inc will post 2.49 EPS for the current year.

Allison Transmission announced that its Board of Directors has approved a share buyback plan on Wednesday, November 8th that allows the company to repurchase $500.00 million in shares. This repurchase authorization allows the auto parts company to buy shares of its stock through open market purchases. Shares repurchase plans are usually an indication that the company’s leadership believes its shares are undervalued.

Several research firms have weighed in on ALSN. BidaskClub raised Allison Transmission from a “sell” rating to a “hold” rating in a research report on Wednesday, September 27th. Bank of America reissued a “buy” rating on shares of Allison Transmission in a research report on Thursday, November 23rd. Zacks Investment Research downgraded Allison Transmission from a “strong-buy” rating to a “sell” rating in a research report on Tuesday, October 3rd. Buckingham Research raised their price target on Allison Transmission from $36.00 to $42.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 1st. Finally, Citigroup raised their price target on Allison Transmission from $45.00 to $50.00 and gave the stock a “buy” rating in a research report on Thursday, November 2nd. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $44.18.

Large investors have recently made changes to their positions in the company. Group One Trading L.P. purchased a new stake in shares of Allison Transmission in the third quarter valued at $105,000. Tower Research Capital LLC TRC grew its position in shares of Allison Transmission by 7,314.3% in the second quarter. Tower Research Capital LLC TRC now owns 5,190 shares of the auto parts company’s stock valued at $195,000 after purchasing an additional 5,120 shares during the period. The Manufacturers Life Insurance Company grew its position in shares of Allison Transmission by 12.8% in the second quarter. The Manufacturers Life Insurance Company now owns 5,349 shares of the auto parts company’s stock valued at $201,000 after purchasing an additional 607 shares during the period. Cambridge Investment Research Advisors Inc. purchased a new stake in shares of Allison Transmission in the third quarter valued at $203,000. Finally, Menta Capital LLC purchased a new stake in shares of Allison Transmission in the second quarter valued at $206,000.

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Allison Transmission Company Profile

Allison Transmission Holdings, Inc and its subsidiaries design and manufacture commercial and defense fully-automatic transmissions. The Company manufactures fully-automatic transmissions for medium- and heavy-duty commercial vehicles, and medium-and heavy-tactical United States defense vehicles. The Company’s transmissions are used in a range of applications, including on-highway trucks (distribution, refuse, construction, fire and emergency), buses (primarily school, transit and hybrid-transit), motorhomes, off-highway vehicles and equipment (energy, mining and construction) and defense vehicles (wheeled and tracked).

Insider Buying and Selling by Quarter for Allison Transmission (NYSE:ALSN)

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