Allison Transmission Holdings VP Sharon L. Dean Sells 60,500 Shares (ALSN)
Allison Transmission Holdings (NASDAQ:ALSN) VP Sharon L. Dean unloaded 60,500 shares of the stock in a transaction dated Friday, February 14th. The stock was sold at an average price of $29.95, for a total value of $1,811,975.00. Following the transaction, the vice president now directly owns 11,195 shares of the company’s stock, valued at approximately $335,290. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Allison Transmission Holdings (NASDAQ:ALSN) opened at 30.61 on Tuesday. Allison Transmission Holdings has a 52 week low of $20.67 and a 52 week high of $31.27. The stock’s 50-day moving average is $28.16 and its 200-day moving average is $25.65. The company has a market cap of $5.472 billion and a price-to-earnings ratio of 34.78.
Allison Transmission Holdings (NASDAQ:ALSN) last posted its quarterly earnings results on Wednesday, February 19th. The company reported $0.23 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.25 by $0.02. The company had revenue of $491.00 million for the quarter, compared to the consensus estimate of $487.93 million. During the same quarter in the prior year, the company posted $0.06 earnings per share. The company’s quarterly revenue was up .8% on a year-over-year basis. Analysts expect that Allison Transmission Holdings will post $1.25 EPS for the current fiscal year.
ALSN has been the subject of a number of recent research reports. Analysts at Oppenheimer raised their price target on shares of Allison Transmission Holdings from $27.00 to $34.00 in a research note on Friday. They now have an “outperform” rating on the stock. Separately, analysts at Zacks upgraded shares of Allison Transmission Holdings from a “neutral” rating to an “outperform” rating in a research note on Wednesday, February 12th. They now have a $31.20 price target on the stock. Finally, analysts at JPMorgan Chase & Co. upgraded shares of Allison Transmission Holdings from a “neutral” rating to an “overweight” rating in a research note on Thursday, January 16th. Four research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $28.17.
Allison Transmission Holdings, Inc (NASDAQ:ALSN) designs and manufactures commercial and military fully-automatic transmissions.
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