Yes, you are permitted to transfer your plugin licenses. Once you know the person you want to transfer the plugin to, please make sure that the buyer has created an account before you start the transfer process!

Also make sure the buyer is aware that there is a $20 per plugin license transfer fee (Dynamic Discounts will apply). The buyer will have to pay the fee(s) before he/she can start using the plugins in their Plugin Alliance account.

You can select multiple licenses to transfer, but only one person to transfer to in one go. If you want to transfer licenses to different people, start multiple transfers, to one person at a time.

You can only transfer as many plugins as you want now, but you cannot transfer inactive licenses, free licenses or licenses that require a fee (are not activated yet).
If you have a license for a multiple versions of a plugin (for example, bx_digital V2 and bx_digital V3), then those licenses cannot be transferred separately!