Allison Transmission Holdings Inc (NYSE:ALSN), saw one of its leaders lower his exposure to the company through a transaction officially filed today, August 14th. Senior Vice President and Global Mss Michael G. Headly disposed of 4,000 shares of common stock at prices ranging from $29.8901 to $30.16 per share. Following the completion of this transaction, Headly has a total of 22,200 shares directly invested in the company. Allison Transmission Holdings Inc (NYSE:ALSN) is a $5.29 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 hedge funds involved with the company. Jeffrey Ubben‘s Valueact Capital has 18,025,204 shares worth nearly $540 million; while D. E. Shaw‘s D E Shaw fund reported a 167% increase in its activity last quarter, and it now has 7,569,483 shares worth about $226.6 million invested in Allison Transmission Holdings Inc (NYSE:ALSN).
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.