Menta Capital LLC purchased a new stake in shares of Allison Transmission Holdings, Inc. (NYSE:ALSN) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 5,500 shares of the auto parts company’s stock, valued at approximately $206,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. UBS Asset Management Americas Inc. boosted its holdings in shares of Allison Transmission Holdings by 19.7% during the 2nd quarter. UBS Asset Management Americas Inc. now owns 105,980 shares of the auto parts company’s stock valued at $3,975,000 after acquiring an additional 17,468 shares during the last quarter. Quantitative Investment Management LLC purchased a new stake in shares of Allison Transmission Holdings during the 2nd quarter valued at about $2,333,000. Isthmus Partners LLC purchased a new stake in shares of Allison Transmission Holdings during the 2nd quarter valued at about $6,130,000. Thrivent Financial For Lutherans boosted its holdings in shares of Allison Transmission Holdings by 661.1% during the 2nd quarter. Thrivent Financial For Lutherans now owns 497,153 shares of the auto parts company’s stock valued at $18,648,000 after acquiring an additional 431,833 shares during the last quarter. Finally, BlueMountain Capital Management LLC boosted its holdings in shares of Allison Transmission Holdings by 54.9% during the 2nd quarter. BlueMountain Capital Management LLC now owns 193,040 shares of the auto parts company’s stock valued at $7,241,000 after acquiring an additional 68,422 shares during the last quarter.

In related news, CFO David S. Graziosi sold 10,736 shares of the company’s stock in a transaction that occurred on Tuesday, August 1st. The stock was sold at an average price of $39.91, for a total value of $428,473.76. Following the sale, the chief financial officer now owns 204,859 shares in the company, valued at $8,175,922.69. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO David S. Graziosi sold 39,264 shares of the company’s stock in a transaction that occurred on Wednesday, September 27th. The shares were sold at an average price of $37.23, for a total value of $1,461,798.72. Following the completion of the sale, the chief financial officer now owns 233,387 shares in the company, valued at approximately $8,688,998.01. The disclosure for this sale can be found here. In the last quarter, insiders sold 57,541 shares of company stock worth $2,148,703. 7.90% of the stock is owned by insiders.

ALSN has been the topic of a number of research reports. Royal Bank Of Canada reissued a “buy” rating on shares of Allison Transmission Holdings in a report on Wednesday, August 2nd. BidaskClub raised shares of Allison Transmission Holdings from a “hold” rating to a “buy” rating in a report on Wednesday, June 28th. ValuEngine raised shares of Allison Transmission Holdings from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Stifel Nicolaus reissued a “hold” rating and issued a $41.00 price objective (up previously from $40.00) on shares of Allison Transmission Holdings in a report on Friday, July 28th. Finally, Deutsche Bank AG dropped their price objective on shares of Allison Transmission Holdings from $44.00 to $43.00 and set a “hold” rating on the stock in a report on Wednesday, August 2nd. Three analysts have rated the stock with a sell rating, six have given a hold rating and six have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $39.63.

Shares of Allison Transmission Holdings, Inc. (ALSN) opened at 37.08 on Thursday. The company has a market cap of $5.52 billion, a PE ratio of 21.06 and a beta of 1.20. Allison Transmission Holdings, Inc. has a 1-year low of $27.03 and a 1-year high of $40.25. The firm’s 50-day moving average is $35.32 and its 200-day moving average is $36.77.

Allison Transmission Holdings (NYSE:ALSN) last issued its earnings results on Monday, July 31st. The auto parts company reported $0.63 EPS for the quarter, beating the Zacks’ consensus estimate of $0.47 by $0.16. The firm had revenue of $580.00 million for the quarter, compared to analyst estimates of $515.03 million. Allison Transmission Holdings had a return on equity of 31.27% and a net margin of 14.32%. Allison Transmission Holdings’s revenue for the quarter was up 22.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.37 earnings per share. On average, equities analysts forecast that Allison Transmission Holdings, Inc. will post $2.12 earnings per share for the current fiscal year.

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Allison Transmission Holdings 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).

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Institutional Ownership by Quarter for Allison Transmission Holdings (NYSE:ALSN)

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