Allison Transmission Holdings Inc (ALSN) SVP Sells $295,425.00 in Stock

Allison Transmission Holdings Inc (NYSE:ALSN) SVP Michael Dick sold 6,565 shares of the stock in a transaction dated Tuesday, January 9th. The stock was sold at an average price of $45.00, for a total transaction of $295,425.00. Following the completion of the transaction, the senior vice president now owns 39,496 shares of the company’s stock, valued at $1,777,320. The sale was disclosed in a document filed with the SEC, which is available through this link.

Michael Dick also recently made the following trade(s):

  • On Wednesday, January 3rd, Michael Dick sold 6,565 shares of Allison Transmission stock. The stock was sold at an average price of $44.00, for a total transaction of $288,860.00.
  • On Tuesday, December 12th, Michael Dick sold 4,400 shares of Allison Transmission stock. The stock was sold at an average price of $42.03, for a total transaction of $184,932.00.
  • On Tuesday, December 19th, Michael Dick sold 19,600 shares of Allison Transmission stock. The stock was sold at an average price of $42.47, for a total transaction of $832,412.00.

Shares of Allison Transmission Holdings Inc (NYSE ALSN) opened at $44.76 on Friday. The firm has a market cap of $6,320.00, a PE ratio of 19.72, a price-to-earnings-growth ratio of 1.67 and a beta of 1.21. The company has a debt-to-equity ratio of 4.57, a quick ratio of 1.15 and a current ratio of 1.50. Allison Transmission Holdings Inc has a 12 month low of $32.93 and a 12 month high of $45.69.

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

Allison Transmission announced that its board has authorized a share repurchase plan on Wednesday, November 8th that permits the company to buyback $500.00 million in shares. This buyback authorization permits the auto parts company to purchase shares of its stock through open market purchases. Stock buyback plans are often an indication that the company’s board believes its shares are undervalued.

Several brokerages recently issued reports on ALSN. Robert W. Baird reiterated a “buy” rating and issued a $52.00 price target on shares of Allison Transmission in a research note on Wednesday, November 1st. BidaskClub upgraded shares of Allison Transmission from a “hold” rating to a “buy” rating in a research note on Saturday, October 21st. Piper Jaffray Companies set a $26.00 price target on shares of Allison Transmission and gave the stock a “sell” rating in a research note on Friday, November 17th. JPMorgan Chase & Co. increased their price target on shares of Allison Transmission from $39.00 to $41.00 and gave the stock a “neutral” rating in a research note on Monday, October 30th. Finally, Bank of America set a $52.00 price target on shares of Allison Transmission and gave the stock a “buy” rating in a research note on Tuesday, November 14th. 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 company’s stock. The company presently has an average rating of “Hold” and an average price target of $44.18.

A number of large investors have recently added to or reduced their stakes in the business. USA Financial Portformulas Corp increased its stake in Allison Transmission by 1.7% during the 2nd quarter. USA Financial Portformulas Corp now owns 20,373 shares of the auto parts company’s stock valued at $764,000 after purchasing an additional 345 shares in the last quarter. EagleClaw Capital Managment LLC increased its stake in Allison Transmission by 5.1% during the 2nd quarter. EagleClaw Capital Managment LLC now owns 10,400 shares of the auto parts company’s stock valued at $390,000 after purchasing an additional 500 shares in the last quarter. C M Bidwell & Associates Ltd. increased its stake in Allison Transmission by 0.5% during the 2nd quarter. C M Bidwell & Associates Ltd. now owns 111,390 shares of the auto parts company’s stock valued at $4,178,000 after purchasing an additional 565 shares in the last quarter. The Manufacturers Life Insurance Company increased its stake in Allison Transmission by 12.8% during the 2nd 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 in the last quarter. Finally, Hillsdale Investment Management Inc. increased its stake in Allison Transmission by 14.4% during the 3rd quarter. Hillsdale Investment Management Inc. now owns 9,435 shares of the auto parts company’s stock valued at $354,000 after purchasing an additional 1,190 shares in the last quarter.

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About Allison Transmission

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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