Insider Sell: Allison Transmission Holdings Inc (ALSN) CEO David Graziosi Sells 126,760 Shares
David Graziosi, Chair, President and Chief Executive Officer of Allison Transmission Holdings Inc (NYSE:ALSN), sold 126,760 shares of the company on February 27, 2024, according to a recent SEC Filing. The transaction was executed at an average price of $74.86 per share, resulting in a total value of $9,489,073.60.
Allison Transmission Holdings Inc is a global provider of commercial-duty automatic transmissions and a supplier of electric hybrid and fully electric propulsion systems. The company designs, manufactures, and sells transmissions for medium- and heavy-duty commercial vehicles, and is a leader in the industry with a significant market share in the segments it serves.
Over the past year, the insider has sold a total of 220,032 shares of Allison Transmission Holdings Inc and has not made any purchases of the stock. The recent sale by the insider is part of a trend observed over the past year, where there have been 21 insider sells and no insider buys.
On the day of the insider's recent sale, shares of Allison Transmission Holdings Inc were trading at $74.86, giving the company a market capitalization of $6.764 billion. The price-earnings ratio of the company stands at 10.16, which is lower than the industry median of 16.47 and also below the company's historical median price-earnings ratio.
The stock's price relative to the GuruFocus Value (GF Value) indicates that Allison Transmission Holdings Inc is modestly overvalued. With a share price of $74.86 and a GF Value of $58.74, the price-to-GF-Value ratio is 1.27.
The GF Value is calculated considering historical trading multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on the company's past returns and growth, and future business performance estimates from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
This article first appeared on GuruFocus.
