Shares of Allison Transmission Holdings (NYSE:ALSN) Sees Large Inflow of Net Money Flow

Allison Transmission Holdings (NYSE:ALSN) dropped slightly amid mild profit booking and the last known price was $28.34 per share. The price decreased by -0.6 points or -2.07% which made the investors to buy on weakness. For the latest trading session, the net money flow was recorded at $11.78 million. The total upticks were valued at $20.32 million and the total downticks aggregated to $8.54 million, thereby putting the up/down ratio at 2.38,. The shares have seen a change in the share price of -0.25% on a weekly basis.In a big block trade which occurred today, the total uptick value was $16.75 million and the total downtick value was $5.11, resulting in an up/down ratio of 3.28. The net money flow for the block trade was calculated to be $11.64 million.


Currently the company Insiders own 1.91% of Allison Transmission Holdings shares according to the proxy statements. Institutional Investors own 99.47% of Allison Transmission Holdings shares. On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (VP, Defense Programs) of Allison Transmission Holdings Inc, Pittard Dana Jh, had purchased 100 shares in a transaction dated on February 11, 2016. The transaction was executed at $21.52 per share with total amount equaling $2,152.

Allison Transmission Holdings (NYSE:ALSN) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.23 points or 0.81% at $28.11 with 1,776,222 shares getting traded. Post opening the session at $28.24, the shares hit an intraday low of $28.07 and an intraday high of $28.66 and the price was in this range throughout the day. The company has a market cap of $4,771 million and the number of outstanding shares have been calculated to be 169,717,220 shares. The 52-week high of Allison Transmission Holdings (NYSE:ALSN) is $30.65 and the 52-week low is $20.56.

Many analysts have stated their opinion on the company shares. RBC Capital initiates coverage on Allison Transmission Holdings (NYSE:ALSN). The current rating of the shares is Outperform, according to the research report released by the firm. The brokerage firm announces the price target at $30 per share. The rating by the firm was issued on March 15, 2016.

Allison Transmission Holdings, Inc. designs and manufactures commercial and defense transmissions. The Company offers fully-automatic transmissions for medium-and heavy-duty commercial vehicles and medium-and heavy-tactical United States defense vehicles. The Companys transmissions are used in a variety of applications, including on-highway trucks (distribution, refuse, construction, fire and emergency), buses (primarily school, transit and hybrid-transit), motorhomes, off-highway vehicles and equipment (energy, mining and construction) and defense vehicles (wheeled and tracked). The Companys transmissions are sold under the Allison Transmission brand name and remanufactured transmissions are sold under the ReTran brand name. The Company has over 100 different models that are used in over 2,500 different vehicle configurations and are compatible with more than 500 combinations of engine brands, models and ratings, including diesel, gasoline, natural gas and other alternative fuels.

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