Allison Transmission Holdings, Inc. (NYSE:ALSN) Shares Sold by Polaris Capital Management LLC

Polaris Capital Management LLC lowered its stake in shares of Allison Transmission Holdings, Inc. (NYSE:ALSN - Free Report) by 8.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 548,200 shares of the auto parts company's stock after selling 48,600 shares during the period. Allison Transmission accounts for approximately 2.9% of Polaris Capital Management LLC's portfolio, making the stock its 7th biggest holding. Polaris Capital Management LLC owned 0.63% of Allison Transmission worth $59,238,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Allison Transmission during the fourth quarter valued at $31,000. Quarry LP boosted its stake in shares of Allison Transmission by 46.7% during the third quarter. Quarry LP now owns 358 shares of the auto parts company's stock valued at $34,000 after acquiring an additional 114 shares during the last quarter. SJS Investment Consulting Inc. boosted its stake in shares of Allison Transmission by 1,650.0% during the fourth quarter. SJS Investment Consulting Inc. now owns 420 shares of the auto parts company's stock valued at $45,000 after acquiring an additional 396 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in Allison Transmission in the 3rd quarter worth about $67,000. Finally, City State Bank acquired a new stake in Allison Transmission in the 4th quarter worth about $76,000. Institutional investors and hedge funds own 96.90% of the company's stock.

Allison Transmission Stock Up 3.0 %

Shares of NYSE:ALSN traded up $3.01 during mid-day trading on Friday, hitting $104.61. 607,602 shares of the company traded hands, compared to its average volume of 580,288. The firm has a market cap of $9.06 billion, a P/E ratio of 12.75, a PEG ratio of 1.82 and a beta of 1.00. The company has a debt-to-equity ratio of 1.48, a quick ratio of 2.25 and a current ratio of 2.83. Allison Transmission Holdings, Inc. has a 52-week low of $67.61 and a 52-week high of $122.53. The firm's 50 day simple moving average is $112.94 and its 200 day simple moving average is $103.62.

Allison Transmission (NYSE:ALSN - Get Free Report) last announced its earnings results on Tuesday, February 11th. The auto parts company reported $2.01 EPS for the quarter, beating the consensus estimate of $1.90 by $0.11. Allison Transmission had a return on equity of 51.13% and a net margin of 22.66%. On average, equities analysts anticipate that Allison Transmission Holdings, Inc. will post 8.22 EPS for the current year.

Insider Activity at Allison Transmission

In other Allison Transmission news, CEO David S. Graziosi sold 5,326 shares of Allison Transmission stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $120.12, for a total transaction of $639,759.12. Following the sale, the chief executive officer now directly owns 168,833 shares in the company, valued at $20,280,219.96. The trade was a 3.06 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP John Coll sold 2,000 shares of Allison Transmission stock in a transaction that occurred on Tuesday, December 31st. The stock was sold at an average price of $108.40, for a total value of $216,800.00. Following the sale, the senior vice president now owns 6,420 shares in the company, valued at $695,928. This represents a 23.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 20,639 shares of company stock worth $2,448,077. 1.10% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on ALSN. The Goldman Sachs Group raised their price target on Allison Transmission from $82.00 to $94.00 and gave the stock a "sell" rating in a research note on Thursday, December 12th. Robert W. Baird raised their price target on Allison Transmission from $103.00 to $108.00 and gave the stock a "neutral" rating in a research note on Wednesday, October 30th. Bank of America raised their price target on Allison Transmission from $67.00 to $77.00 and gave the stock an "underperform" rating in a research note on Wednesday, October 30th. StockNews.com lowered Allison Transmission from a "strong-buy" rating to a "buy" rating in a research note on Thursday. Finally, Oppenheimer lifted their price objective on Allison Transmission from $90.00 to $115.00 and gave the company an "outperform" rating in a research note on Wednesday, October 30th. Two analysts have rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, Allison Transmission presently has a consensus rating of "Hold" and an average target price of $100.75.

Allison Transmission Profile

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.