Insider Selling at Allison Transmission Holdings (ALSN) Continues with Significant Sale

Friday, December 29, 2017 10:15 PM ET

Insider Selling at Allison Transmission Holdings (ALSN) Continues with Significant Sale

A SEC filing today revealed a notable insider sale of Allison Transmission Holdings shares as — James A Star, Director — sold 438,018 shares in the company having a market value of approximately $19,013,712. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the sale of 548,102 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 986,120 shares and have averaged 493,060 shares per transaction over this time period.

The level of buy-sell trading at Allison Transmission Holdings is near the 16 member peer company average. The Heavy Machinery & Vehicles peer group saw 25 buy/sell trades during this period for an average of 1.6 transactions per company. However, the number of shares per buy/sell trade transacted by Allison Transmission Holdings insiders is higher. Within the peer group there were 4,980 shares purchased and 756,067 shares sold with company insiders disposing of 30,043 shares on average.

For the purpose of evaluating significant insider buying and selling all trades reported to the SEC that involve awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers have been eliminated in data used to compose and write this story.

Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

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