Does Allison Transmission Holdings Inc (NYSE:ALSN) Have Gas After Even More Sellers Involved?

April 17, 2018 - By Stephen Andrade

Allison Transmission Holdings, Inc. (NYSE:ALSN) Logo

Investors sentiment increased to 1.1 in Q4 2017. Its up 0.04, from 1.06 in 2017Q3. It increased, as 22 investors sold Allison Transmission Holdings, Inc. shares while 97 reduced holdings. 52 funds opened positions while 79 raised stakes. 149.21 million shares or 1.73% less from 151.84 million shares in 2017Q3 were reported.
Envestnet Asset Mgmt holds 22,323 shares. Ahl Limited Liability Partnership holds 326,379 shares or 0.22% of its portfolio. Parametric Assocs Limited holds 186,822 shares or 0.01% of its portfolio. Walleye Trading Lc holds 0% or 5,138 shares in its portfolio. Northcoast Asset Mgmt Limited Liability Company owns 39,835 shares or 0.15% of their US portfolio. Gsa Capital Prtn Limited Liability Partnership accumulated 10,244 shares. Moreover, Credit Suisse Ag has 0.01% invested in Allison Transmission Holdings, Inc. (NYSE:ALSN). 68,244 are held by Asset Mngmt One Limited. Dimensional Fund L P owns 1.36 million shares. Tiaa Cref Investment Ltd Liability Corporation reported 0.05% in Allison Transmission Holdings, Inc. (NYSE:ALSN). Waddell & Reed Finance Incorporated owns 503,311 shares for 0.05% of their portfolio. Quantbot Techs Limited Partnership reported 0.13% stake. Bluecrest Cap Mngmt invested in 61,841 shares or 0.07% of the stock. Old Mutual Glob Invsts (Uk) Ltd reported 0.55% in Allison Transmission Holdings, Inc. (NYSE:ALSN). Salem Inv Counselors holds 0.04% of its portfolio in Allison Transmission Holdings, Inc. (NYSE:ALSN) for 9,300 shares.

Since December 12, 2017, it had 0 insider purchases, and 10 insider sales for $72.72 million activity. $28.45 million worth of Allison Transmission Holdings, Inc. (NYSE:ALSN) was sold by STAR JAMES A on Wednesday, January 3. $832,393 worth of Allison Transmission Holdings, Inc. (NYSE:ALSN) was sold by Dick Michael on Tuesday, December 12. Scroggins Eric C. sold $190,533 worth of stock or 4,330 shares.

The stock of Allison Transmission Holdings Inc (NYSE:ALSN) registered an increase of 9.13% in short interest. ALSN’s total short interest was 10.08M shares in April as published by FINRA. Its up 9.13% from 9.23 million shares, reported previously. With 1.39 million shares average volume, it will take short sellers 7 days to cover their ALSN’s short positions. The short interest to Allison Transmission Holdings Inc’s float is 8.15%.

The stock increased 0.48% or $0.2 during the last trading session, reaching $41.68. About 1.47M shares traded or 3.06% up from the average. Allison Transmission Holdings, Inc. (NYSE:ALSN) has risen 7.85% since April 17, 2017 and is uptrending. It has underperformed by 3.70% the S&P500.

Allison Transmission Holdings, Inc., together with its subsidiaries, designs, makes, and sells commercial and defense fully-automatic transmissions for medium- and heavy-duty commercial vehicles, and medium- and heavy-tactical U.S. defense vehicles. The company has market cap of $5.77 billion. It offers 13 transmission product lines with approximately 100 product models for various applications, including distribution, refuse, construction, fire, and emergency on-highway trucks; school, transit, and hybrid-transit buses; motor homes; energy, mining, and construction off-highway vehicles and equipment; and wheeled and tracked defense vehicles. It has a 12.4 P/E ratio. The firm markets its transmissions under Allison Transmission brand name; and remanufactured transmissions under ReTran brand name.

Allison Transmission Holdings, Inc. (NYSE:ALSN) Ratings Coverage

Among 11 analysts covering Allison Transmission (NYSE:ALSN), 5 have Buy rating, 3 Sell and 3 Hold. Therefore 45% are positive. Allison Transmission had 19 analyst reports since October 30, 2017 according to SRatingsIntel. Piper Jaffray maintained the stock with “Sell” rating in Friday, November 17 report. Stifel Nicolaus maintained Allison Transmission Holdings, Inc. (NYSE:ALSN) on Tuesday, October 31 with “Hold” rating. William Blair maintained the shares of ALSN in report on Tuesday, February 13 with “Buy” rating. RBC Capital Markets maintained the shares of ALSN in report on Thursday, January 11 with “Buy” rating. The firm earned “Hold” rating on Monday, February 5 by Stifel Nicolaus. The company was maintained on Tuesday, October 31 by Piper Jaffray. The rating was maintained by Stifel Nicolaus with “Hold” on Friday, February 9. As per Thursday, February 15, the company rating was maintained by Robert W. Baird. The stock of Allison Transmission Holdings, Inc. (NYSE:ALSN) earned “Neutral” rating by Buckingham Research on Wednesday, November 1. RBC Capital Markets downgraded the shares of ALSN in report on Friday, February 16 to “Hold” rating.

Allison Transmission Holdings, Inc. (NYSE:ALSN) Ratings Chart

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