Friday, January 05, 2018 10:15 PM ET
Insider Sale at Allison Transmission Holdings (ALSN) Continues Selling Trend
One Allison Transmission Holdings insider — James A Star, Director — today, sold 640,835 shares having a market value of approximately $28,445,270, as disclosed in a form 4 document filed with the SEC. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the sale of 986,120 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 1,626,955 shares and have averaged 813,478 shares per transaction over this time period.
Allison Transmission Holdings level of buy-sell trading activity is close to the 16 member peer company average. The Heavy Machinery & Vehicles peer group saw 26 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 1,194,085 shares sold with company insiders having sold 45,735 shares on average.
In determining significant insider buying and selling, 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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