ValueAct Again Buys Allison Transmission Shares ~ market folly

Wednesday, October 15, 2014

ValueAct Again Buys Allison Transmission Shares

Jeff Ubben's activist firm ValueAct Capital has filed yet another Form 4 with the SEC regarding their stake in Allison Transmission (ALSN).  Per the filing, ValueAct has purchased an additional 200,000 ALSN shares.

They were buying on October 10th at around $27.62 and October 13th around $27.09.  In total, their position size is now over 19.05 million shares.

As we've highlighted previously, the most recent issue of our Hedge Fund Wisdom newsletter analyzed ALSN if you want to read up on the bull/bear thesis.


blog comments powered by Disqus