Allison Transmission Holdings Inc (NYSE:ALSN) saw an insider lower his position to the company today. The Vice President, General Counsel, and Secretary Eric C. Scroggins disposed of 5,500 shares of common stock at an average price of $28.01 per share. Following this move, Scroggins holds 11,247 shares directly. Allison Transmission Holdings Inc (NYSE:ALSN) is a $4.84 billion market cap company that designs and manufactures commercial and military fully-automatic transmissions. The Company is a manufacturer of fully-automatic transmissions for medium- and heavy-duty commercial vehicles, medium- and heavy-tactical the United States military vehicles and hybrid-propulsion systems for transit buses.
In addition, there are multiple institutional investors involved in company. Jeffrey Ubben‘s Valueact Capital holds about 18 million shares worth nearly $540 million; while D. E. Shaw‘s D E Shaw fund reported a 167% increase in its holdings last quarter, and it now has around 7.6 million shares worth about $226.6 million.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.