Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Allegion plc shares valued at $1,001,920 were purchased by SENGSTACK GREGG C on Feb 19 ’25. At $125.24 per share, SENGSTACK GREGG C acquired 8,000 shares. The insider’s holdings grew to 8,000 shares worth approximately $1.02 million following the completion of this transaction.
Also, Musial Nickolas A. sold 403 shares, netting a total of over 50,254 in proceeds. Following the sale of shares at $124.70 each, the insider now holds 4,972 shares.
Before that, Nickolas Musial had added 403 shares to its account. In a trade valued at $50,255, the Officer bought Allegion plc shares for $124.70 each.
As published in their initiating research note from Morgan Stanley on January 06, 2025, Allegion plc [ALLE] has been an Equal-weight and the price target has been revised to $137. Analysts at Barclays downgraded the stock from ‘”an Equal weight”‘ to ‘”an Underweight”‘ outlook in a report released in early June. As of February 23, 2024, Mizuho has decreased its “Buy” rating to a “Neutral” for ALLE. Earlier on February 21, 2024, Wells Fargo downgraded its rating. Their new recommendation was “an Equal weight” for ALLE stock which previously was a “an Overweight”.
Analyzing ALLE Stock Performance
During the last five days, there has been a surge of approximately 0.22%. Over the course of the year, Allegion plc shares have dropped approximately -2.52%. Shares of the company reached a 52-week high of $136.27 on 01/21/25 and a 52-week low of $124.19 on 02/19/25. A 50-day SMA is recorded $130.98, while a 200-day SMA reached $132.78.
Support And Resistance Levels for Allegion plc (ALLE)
According to the 24-hour chart, there is a support level at 126.49, which, if violated, would cause prices to drop to 125.59. In the upper region, resistance lies at 129.12. The next price resistance is at 130.85. RSI (Relative Strength Index) is 42.91 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.41, which suggests the price will decrease in the coming days. Percent R is at 68.19%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
