In a filing, Allstate Corp revealed its Chairman, President & CEO WILSON THOMAS J unloaded Company’s shares for reported $6.05 million on Jan 21 ’25. In the deal valued at $192.10 per share,31,503 shares were sold. As a result of this transaction, WILSON THOMAS J now holds 94,507 shares worth roughly $17.58 million.
Then, WILSON THOMAS J bought 31,503 shares, generating $6,051,721 in total proceeds.
Before that, WILSON THOMAS J sold 31,503 shares. Allstate Corp shares valued at $6,070,790 were divested by the Chairman, President & CEO at a price of $192.71 per share. As a result of the transaction, WILSON THOMAS J now holds 126,010 shares, worth roughly $23.45 million.
Evercore ISI upgraded its Allstate Corp [ALL] rating to an Outperform from a an In-line in a research note published recently. A number of analysts have revised their coverage, including Barclays’s analysts, who began to cover the stock in early September with a ‘”an Underweight”‘ rating. Wells Fargo also remained covering ALL and has increased its forecast on August 12, 2024 with a “an Equal weight” recommendation from previously “an Underweight” rating. BMO Capital Markets revised its rating on July 18, 2024. It rated ALL as “an Outperform” which previously was an “a Market perform”.
Price Performance Review of ALL
On Friday, Allstate Corp [NYSE:ALL] saw its stock jump 0.76% to $186.07. Over the last five days, the stock has lost -2.63%. Allstate Corp shares have fallen nearly -3.49% since the year began. Nevertheless, the stocks have risen 20.74% over the past one year. While a 52-week high of $209.88 was reached on 01/02/25, a 52-week low of $153.42 was recorded on 01/10/25. SMA at 50 days reached $194.90, while 200 days put it at $180.37.
Levels Of Support And Resistance For ALL Stock
The 24-hour chart illustrates a support level at 184.48, which if violated will result in even more drops to 182.89. On the upside, there is a resistance level at 187.08. A further resistance level may holdings at 188.09. The Relative Strength Index (RSI) on the 14-day chart is 43.90, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.77, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 43.60%. Stochastics %K at 51.54% indicates the stock is a holding.
How much short interest is there in Allstate Corp?
A steep rise in short interest was recorded in Allstate Corp stocks on 2024-12-31, growing by 27837.0 shares to a total of 2.4 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 2.37 million shares. There was a rise of 1.16%, which implies that there is a positive sentiment for the stock.
