Allison Transmission Holdings, Inc. (NYSE:ALSN) VP Thomas Eifert Sells 1,741 Shares

Allison Transmission Holdings, Inc. (NYSE:ALSNGet Free Report) VP Thomas Eifert sold 1,741 shares of the company’s stock in a transaction dated Monday, October 7th. The shares were sold at an average price of $100.00, for a total transaction of $174,100.00. Following the sale, the vice president now directly owns 9,601 shares of the company’s stock, valued at approximately $960,100. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Thomas Eifert also recently made the following trade(s):

  • On Thursday, September 26th, Thomas Eifert sold 2,000 shares of Allison Transmission stock. The stock was sold at an average price of $95.00, for a total value of $190,000.00.

Allison Transmission Stock Down 1.1 %

Shares of ALSN opened at $98.18 on Friday. The stock has a market capitalization of $8.59 billion, a PE ratio of 13.11, a P/E/G ratio of 1.64 and a beta of 0.99. Allison Transmission Holdings, Inc. has a 1 year low of $50.13 and a 1 year high of $100.73. The company has a debt-to-equity ratio of 1.62, a quick ratio of 2.19 and a current ratio of 2.78. The company’s 50-day simple moving average is $89.94 and its 200-day simple moving average is $82.11.

Allison Transmission (NYSE:ALSNGet Free Report) last announced its quarterly earnings data on Thursday, July 25th. The auto parts company reported $2.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.04 by $0.09. Allison Transmission had a return on equity of 52.18% and a net margin of 21.95%. The business had revenue of $816.00 million for the quarter, compared to analysts’ expectations of $799.44 million. During the same period last year, the firm earned $1.92 earnings per share. The company’s revenue for the quarter was up 4.2% compared to the same quarter last year. Analysts forecast that Allison Transmission Holdings, Inc. will post 7.85 earnings per share for the current fiscal year.

Allison Transmission Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 30th. Stockholders of record on Monday, August 19th were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.02%. The ex-dividend date of this dividend was Monday, August 19th. Allison Transmission’s dividend payout ratio is presently 13.35%.

Institutional Trading of Allison Transmission

Hedge funds have recently added to or reduced their stakes in the company. GSA Capital Partners LLP purchased a new stake in shares of Allison Transmission in the 1st quarter valued at approximately $1,229,000. Sumitomo Mitsui Trust Holdings Inc. acquired a new stake in Allison Transmission in the first quarter valued at $1,342,000. Susquehanna Fundamental Investments LLC purchased a new stake in Allison Transmission during the 1st quarter worth about $1,120,000. State Board of Administration of Florida Retirement System boosted its position in shares of Allison Transmission by 11.4% during the 1st quarter. State Board of Administration of Florida Retirement System now owns 99,254 shares of the auto parts company’s stock worth $8,055,000 after acquiring an additional 10,196 shares in the last quarter. Finally, Harbor Capital Advisors Inc. increased its holdings in shares of Allison Transmission by 238.0% in the 2nd quarter. Harbor Capital Advisors Inc. now owns 16,191 shares of the auto parts company’s stock valued at $1,229,000 after acquiring an additional 11,401 shares during the last quarter. Institutional investors and hedge funds own 96.90% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. The Goldman Sachs Group lifted their price objective on Allison Transmission from $63.00 to $72.00 and gave the stock a “sell” rating in a research report on Monday, July 29th. StockNews.com upgraded Allison Transmission from a “buy” rating to a “strong-buy” rating in a report on Thursday. Raymond James started coverage on shares of Allison Transmission in a report on Friday, June 28th. They issued an “outperform” rating and a $85.00 price objective for the company. Robert W. Baird lifted their target price on shares of Allison Transmission from $87.00 to $90.00 and gave the stock a “neutral” rating in a research note on Friday, July 26th. Finally, Citigroup lifted their target price on Allison Transmission from $97.00 to $109.00 and gave the company a “neutral” rating in a research report on Wednesday. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Allison Transmission currently has an average rating of “Hold” and a consensus target price of $83.71.

Read Our Latest Stock Analysis on ALSN

Allison Transmission Company Profile

(Get Free Report)

Allison Transmission Holdings, Inc, together with its subsidiaries, designs, manufactures, and sells fully automatic transmissions for medium- and heavy-duty commercial vehicles and medium- and heavy-tactical U.S. defense vehicles, and electrified propulsion systems worldwide. It provides commercial-duty on-highway, off-highway and defense fully automatic transmissions, and electric hybrid and fully electric systems.

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

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