Friday, January 12, 2018 10:15 PM ET
Insider Selling in Allison Transmission Holdings (ALSN) Shares Continues
There was a notable sale of shares of Allison Transmission Holdings by an insider today, as indicated in a form 4 document filed with the SEC. One insider — James A Star, Director — sold 505,005 shares in the company having a market value of approximately $22,547,895. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the sale of 1,626,955 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 2,131,960 shares and have averaged 1,065,980 shares per transaction over this time period.
The number of buy-sell trades for Allison Transmission Holdings is close to that of 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 4,774 shares purchased and 1,848,920 shares sold with company insiders having sold 73,766 shares on average.
The data obtained in evaluating and writing in this story eliminates all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers.
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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