Allison Transmission Holdings Inc (NASDAQ:ALSN) insider Valueact Capital Master Fund, sold 4,300,000 shares of the business’s stock in a transaction dated Monday, November 21st. The shares were sold at an average price of $31.96, for a total value of $137,428,000.00. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

Valueact Capital Master Fund, also recently made the following trade(s):

  • On Thursday, October 27th, Valueact Capital Master Fund, sold 4,300,000 shares of Allison Transmission Holdings stock. The shares were sold at an average price of $28.20, for a total value of $121,260,000.00.

Shares of Allison Transmission Holdings Inc (NASDAQ:ALSN) traded up 0.31% on Monday, hitting $32.38. The stock had a trading volume of 2,868,683 shares. Allison Transmission Holdings Inc has a 12-month low of $20.56 and a 12-month high of $32.52. The company has a 50 day moving average of $28.90 and a 200-day moving average of $28.30. The firm has a market capitalization of $5.36 billion and a P/E ratio of 33.01.

Allison Transmission Holdings (NASDAQ:ALSN) last issued its quarterly earnings data on Monday, October 24th. The company reported $0.27 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.25 by $0.02. The company had revenue of $434.30 million for the quarter, compared to analyst estimates of $431.07 million. The company’s revenue was down 11.9% on a year-over-year basis. During the same quarter last year, the business earned $0.80 earnings per share. Equities analysts predict that Allison Transmission Holdings Inc will post $1.16 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 30th. Shareholders of record on Monday, November 14th will be given a dividend of $0.15 per share. The ex-dividend date is Wednesday, November 9th. This represents a $0.60 annualized dividend and a yield of 1.85%.

ALSN has been the topic of several research reports. Deutsche Bank AG started coverage on Allison Transmission Holdings in a research note on Tuesday, September 6th. They set a “hold” rating and a $30.00 price target on the stock. Zacks Investment Research lowered Allison Transmission Holdings from a “hold” rating to a “strong sell” rating in a research note on Friday, September 9th. Citigroup Inc. reiterated a “neutral” rating and issued a $30.00 price objective (up from $28.00) on shares of Allison Transmission Holdings in a research note on Friday, July 29th. started coverage on Allison Transmission Holdings in a research note on Friday, September 30th. They issued an “outperform” rating and a $31.00 price objective on the stock. Finally, Barclays PLC lowered their price objective on Allison Transmission Holdings from $31.00 to $30.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 12th. Three analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $31.00.

Large investors have recently modified their holdings of the company. Public Employees Retirement Association of Colorado increased its stake in shares of Allison Transmission Holdings by 0.4% in the third quarter. Public Employees Retirement Association of Colorado now owns 4,561 shares of the company’s stock valued at $131,000 after buying an additional 19 shares during the period. The Manufacturers Life Insurance Company bought a new stake in shares of Allison Transmission Holdings during the third quarter valued at about $137,000. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Allison Transmission Holdings by 12.9% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,055 shares of the company’s stock valued at $145,000 after buying an additional 578 shares during the period. Acrospire Investment Management LLC increased its stake in shares of Allison Transmission Holdings by 99.6% in the second quarter. Acrospire Investment Management LLC now owns 6,013 shares of the company’s stock valued at $170,000 after buying an additional 3,000 shares during the period. Finally, SG Americas Securities LLC bought a new stake in shares of Allison Transmission Holdings during the second quarter valued at about $177,000.

5 Day Chart for NASDAQ:ALSN

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