Versant Capital Management Inc Has $28,000 Stake in Allison Transmission Holdings, Inc. (NYSE:ALSN)

Versant Capital Management Inc boosted its position in shares of Allison Transmission Holdings, Inc. (NYSE:ALSN) by 1,200.0% during the second quarter, HoldingsChannel reports. The institutional investor owned 364 shares of the auto parts company’s stock after purchasing an additional 336 shares during the period. Versant Capital Management Inc’s holdings in Allison Transmission were worth $28,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of ALSN. SRS Capital Advisors Inc. grew its holdings in shares of Allison Transmission by 256.6% during the 4th quarter. SRS Capital Advisors Inc. now owns 592 shares of the auto parts company’s stock valued at $34,000 after purchasing an additional 426 shares during the last quarter. TFO Wealth Partners LLC grew its holdings in shares of Allison Transmission by 8,975.0% during the 4th quarter. TFO Wealth Partners LLC now owns 726 shares of the auto parts company’s stock valued at $42,000 after purchasing an additional 718 shares during the last quarter. Covestor Ltd grew its holdings in shares of Allison Transmission by 307.2% during the 1st quarter. Covestor Ltd now owns 965 shares of the auto parts company’s stock valued at $78,000 after purchasing an additional 728 shares during the last quarter. Headlands Technologies LLC grew its holdings in shares of Allison Transmission by 237.4% during the 4th quarter. Headlands Technologies LLC now owns 1,110 shares of the auto parts company’s stock valued at $65,000 after purchasing an additional 781 shares during the last quarter. Finally, Parkside Financial Bank & Trust boosted its position in Allison Transmission by 20.8% during the 4th quarter. Parkside Financial Bank & Trust now owns 1,229 shares of the auto parts company’s stock worth $71,000 after buying an additional 212 shares during the period. 96.90% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Allison Transmission

In other news, SVP John Coll sold 2,000 shares of the company’s stock in a transaction on Friday, June 28th. The shares were sold at an average price of $75.06, for a total value of $150,120.00. Following the completion of the sale, the senior vice president now owns 14,420 shares in the company, valued at approximately $1,082,365.20. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other news, SVP John Coll sold 2,000 shares of the company’s stock in a transaction on Friday, June 28th. The shares were sold at an average price of $75.06, for a total value of $150,120.00. Following the completion of the sale, the senior vice president now owns 14,420 shares in the company, valued at approximately $1,082,365.20. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Rafael Basso sold 12,624 shares of the company’s stock in a transaction on Thursday, May 30th. The stock was sold at an average price of $74.48, for a total transaction of $940,235.52. Following the completion of the sale, the vice president now owns 4,624 shares of the company’s stock, valued at approximately $344,395.52. The disclosure for this sale can be found here. 1.10% of the stock is currently owned by company insiders.

Allison Transmission Stock Up 0.4 %

Shares of Allison Transmission stock traded up $0.34 during trading on Wednesday, reaching $84.15. 36,558 shares of the company traded hands, compared to its average volume of 644,312. The company has a debt-to-equity ratio of 1.62, a current ratio of 2.78 and a quick ratio of 1.95. Allison Transmission Holdings, Inc. has a 1-year low of $50.13 and a 1-year high of $89.63. The company has a 50 day moving average price of $77.99 and a 200-day moving average price of $75.17. The firm has a market capitalization of $7.33 billion, a PE ratio of 11.19, a P/E/G ratio of 1.56 and a beta of 0.99.

Allison Transmission (NYSE:ALSN) last announced its quarterly earnings results on Thursday, July 25th. The auto parts company reported $2.13 EPS for the quarter, beating analysts’ consensus estimates of $2.04 by $0.09. The business had revenue of $816.00 million during the quarter, compared to analyst estimates of $799.44 million. Allison Transmission had a net margin of 21.95% and a return on equity of 52.18%. Allison Transmission’s quarterly revenue was up 4.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.92 EPS. As a group, equities research analysts expect that Allison Transmission Holdings, Inc. will post 7.89 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research firms recently commented on ALSN. JPMorgan Chase & Co. lifted their target price on shares of Allison Transmission from $70.00 to $78.00 and gave the stock a “neutral” rating in a research report on Monday, April 15th. The Goldman Sachs Group lifted their target price on shares of Allison Transmission from $63.00 to $72.00 and gave the stock a “sell” rating in a research report on Monday, July 29th. Robert W. Baird lifted their target price on shares of Allison Transmission from $87.00 to $90.00 and gave the stock a “neutral” rating in a research report on Friday, July 26th. StockNews.com upgraded shares of Allison Transmission from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Finally, Raymond James assumed coverage on shares of Allison Transmission in a research report on Friday, June 28th. They issued an “outperform” rating and a $85.00 price target on the stock. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $79.57.

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.