In a filing, Ally Financial Inc revealed its VP, CAO, Controller DEBRUNNER DAVID J unloaded Company’s shares for reported $0.13 million on Dec 29 ’23. In the deal valued at $35.00 per share,3,750 shares were sold. As a result of this transaction, DEBRUNNER DAVID J now holds 100,787 shares worth roughly $3.94 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, DEBRUNNER DAVID J sold 7,500 shares, generating $253,500 in total proceeds. Upon selling the shares at $33.80, the VP, CAO, Controller now owns 108,287 shares.
Before that, DEBRUNNER DAVID J sold 3,750 shares. Ally Financial Inc shares valued at $131,250 were divested by the VP, CAO, Controller at a price of $35.00 per share. As a result of the transaction, DEBRUNNER DAVID J now holds 104,537 shares, worth roughly $4.09 million.
Raymond James upgraded its Ally Financial Inc [ALLY] rating to a Mkt perform from a an Underperform in a research note published recently. A number of analysts have revised their coverage, including JP Morgan’s analysts, who increased its forecast for the stock in early October from “a Neutral” to “an Overweight”. BTIG Research also remained covering ALLY and has decreased its forecast on September 16, 2024 with a “Neutral” recommendation from previously “Buy” rating. JP Morgan revised its rating on July 08, 2024. It rated ALLY as “a Neutral” which previously was an “an Underweight”.
Price Performance Review of ALLY
On Tuesday, Ally Financial Inc [NYSE:ALLY] saw its stock fall -0.23% to $39.11. Over the last five days, the stock has gained 0.33%. Ally Financial Inc shares have risen nearly 12.00% since the year began. Nevertheless, the stocks have risen 26.73% over the past one year. While a 52-week high of $45.46 was reached on 07/31/24, a 52-week low of $29.05 was recorded on 01/18/24. SMA at 50 days reached $35.99, while 200 days put it at $38.50.
Levels Of Support And Resistance For ALLY Stock
The 24-hour chart illustrates a support level at 38.75, which if violated will result in even more drops to 38.40. On the upside, there is a resistance level at 39.48. A further resistance level may holdings at 39.86. The Relative Strength Index (RSI) on the 14-day chart is 63.37, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.78, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 20.97%. Stochastics %K at 85.24% indicates the stock is a selling.
How much short interest is there in Ally Financial Inc?
A steep rise in short interest was recorded in Ally Financial Inc stocks on 2024-11-15, growing by 0.84 million shares to a total of 9.09 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 8.25 million shares. There was a rise of 9.26%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on June 24, 2024 when Citigroup began covering the stock and recommended ‘”a Buy”‘ rating along with a $50 price target.
