Allstate Corp’s filing revealed that its Officer WILSON THOMAS J acquired Company’s shares for reported $5.93 million on Feb 24 ’25. In the deal valued at $188.16 per share,31,503 shares were bought.
Then, Merten Jesse E sold 40,102 shares, generating $7,480,245 in total proceeds. Upon selling the shares at $186.53, the EVP & Chief Financial Officer now owns 18,115 shares.
Before that, Merten Jesse E bought 40,102 shares. Allstate Corp shares valued at $7,608,552 were divested by the Officer at a price of $189.73 per share.
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 1.66% to $188.75. Over the last five days, the stock has gained 0.60%. Allstate Corp shares have fallen nearly -2.10% since the year began. Nevertheless, the stocks have risen 18.58% over the past one year. While a 52-week high of $209.88 was reached on 02/06/25, a 52-week low of $153.87 was recorded on 01/10/25. SMA at 50 days reached $190.44, while 200 days put it at $182.47.
Levels Of Support And Resistance For ALL Stock
The 24-hour chart illustrates a support level at 186.73, which if violated will result in even more drops to 184.70. On the upside, there is a resistance level at 190.54. A further resistance level may holdings at 192.32. The Relative Strength Index (RSI) on the 14-day chart is 48.27, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.84, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 71.95%. Stochastics %K at 21.85% indicates the stock is a holding.
