Allison Transmission Holdings Inc (NYSE:ALSN) CFO David Graziosi sold 10,736 shares of the firm’s stock in a transaction on Tuesday, August 1st. The shares were sold at an average price of $39.91, for a total transaction of $428,473.76. Following the completion of 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 document filed with the SEC, which is available at this link.

Shares of Allison Transmission Holdings Inc (NYSE ALSN) traded down 2.13% on Thursday, reaching $37.20. 686,712 shares of the company’s stock traded hands. The company has a 50 day moving average of $37.70 and a 200-day moving average of $37.00. Allison Transmission Holdings Inc has a 52 week low of $26.74 and a 52 week high of $40.25. The stock has a market capitalization of $5.54 billion and a PE ratio of 21.12.

Allison Transmission Holdings (NYSE:ALSN) last issued its earnings results on Monday, July 31st. The auto parts company reported $0.63 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.47 by $0.16. The company had revenue of $580 million for the quarter, compared to analysts’ expectations of $515.03 million. Allison Transmission Holdings had a net margin of 16.63% and a return on equity of 36.64%. The firm’s revenue was up 22.1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.37 earnings per share. Equities research analysts forecast that Allison Transmission Holdings Inc will post $2.11 earnings per share for the current year.

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A number of research analysts recently commented on the stock. BidaskClub raised shares of Allison Transmission Holdings from a “hold” rating to a “buy” rating in a research report on Wednesday, June 28th. Deutsche Bank AG increased their target price on shares of Allison Transmission Holdings from $43.00 to $44.00 and gave the company a “hold” rating in a research report on Friday, April 28th. Piper Jaffray Companies set a $30.00 target price on shares of Allison Transmission Holdings and gave the company a “sell” rating in a research report on Thursday, April 27th. Stifel Nicolaus reaffirmed a “hold” rating and issued a $40.00 target price on shares of Allison Transmission Holdings in a research report on Wednesday, July 19th. Finally, Zacks Investment Research raised shares of Allison Transmission Holdings from a “hold” rating to a “strong-buy” rating and set a $44.00 target price on the stock in a research report on Tuesday, May 2nd. Two analysts have rated the stock with a sell rating, five have given a hold rating, six have issued a buy rating and two have given a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $40.56.

About Allison Transmission Holdings

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 Holdings (NYSE:ALSN)

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