The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Allison Transmission Holdings Inc shares valued at $437,325 were sold by Milburn Ryan A. on Mar 06 ’25. At $96.20 per share, Milburn Ryan A. sold 4,546 shares. The insider’s holdings dropped to 14,138 shares worth approximately $1.4 million following the completion of this transaction.
Also, Milburn Ryan A. purchased 4,546 shares, netting a total of over 437,325 in proceeds.
Before that, van Niekerk Teresa had sold 8,191 shares from its account. In a trade valued at $828,025, the VP, Chief Procurement Officer traded Allison Transmission Holdings Inc shares for $101.09 each. Upon closing the transaction, the insider’s holdings decreased to 8,191 shares, worth approximately $1.64 million.
As published in their initiating research note from Raymond James on June 28, 2024, Allison Transmission Holdings Inc [ALSN] has been an Outperform and the price target has been revised to $85. Analysts at Citigroup started covering the stock with ‘”a Neutral”‘ outlook in a report released in late June. As of January 08, 2024, Morgan Stanley has initiated its “an Equal-weight” rating for ALSN. Earlier on October 16, 2023, JP Morgan upgraded its rating. Their new recommendation was “a Neutral” for ALSN stock which previously was a “an Underweight”.
Analyzing ALSN Stock Performance
During the last five days, there has been a surge of approximately 5.70%. Over the course of the year, Allison Transmission Holdings Inc shares have dropped approximately -8.48%. Shares of the company reached a 52-week high of $121.81 on 01/23/25 and a 52-week low of $92.66 on 03/13/25. A 50-day SMA is recorded $107.05, while a 200-day SMA reached $97.84.
Support And Resistance Levels for Allison Transmission Holdings Inc (ALSN)
According to the 24-hour chart, there is a support level at 98.08, which, if violated, would cause prices to drop to 97.25. In the upper region, resistance lies at 99.91. The next price resistance is at 100.92. RSI (Relative Strength Index) is 45.73 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.47, which suggests the price will increase in the coming days. Percent R is at 37.97%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
