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Selling Buzz: Allstate Corp [ALL] Chairman, President & CEO WILSON THOMAS J sells 31,503 shares of the company

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Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Allstate Corp shares valued at $5,927,709 were sold by WILSON THOMAS J on Feb 24 ’25. At $188.16 per share, WILSON THOMAS J sold 31,503 shares. The insider’s holdings dropped to 63,004 shares worth approximately $12.57 million following the completion of this transaction.

Also, WILSON THOMAS J purchased 31,503 shares, netting a total of over 5,927,710 in proceeds.

Before that, Merten Jesse E had sold 40,102 shares from its account. In a trade valued at $7,480,245, the EVP & Chief Financial Officer traded Allstate Corp shares for $186.53 each. Upon closing the transaction, the insider’s holdings decreased to 40,102 shares, worth approximately $3.62 million.

As published in a research note from Argus on March 03, 2025, Allstate Corp [ALL] has been rated up from a Hold to a Buy. Analysts at Evercore ISI upgraded the stock from ‘”an In-line”‘ to ‘”an Outperform”‘ outlook in a report released in early January. As of September 05, 2024, Barclays has initiated its “an Underweight” rating for ALL. Earlier on August 12, 2024, Wells Fargo upgraded its rating. Their new recommendation was “an Equal weight” for ALL stock which previously was a “an Underweight”.

Analyzing ALL Stock Performance

During the last five days, there has been a surge of approximately 5.91%. Over the course of the year, Allstate Corp shares have jumped approximately 3.51%. Shares of the company reached a 52-week high of $203.30 on 03/03/25 and a 52-week low of $176.46 on 01/10/25. A 50-day SMA is recorded $190.83, while a 200-day SMA reached $183.40.

Support And Resistance Levels for Allstate Corp (ALL)

According to the 24-hour chart, there is a support level at 197.16, which, if violated, would cause prices to drop to 194.77. In the upper region, resistance lies at 201.72. The next price resistance is at 203.89. RSI (Relative Strength Index) is 59.90 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 7.48, which suggests the price will increase in the coming days. Percent R is at 20.89%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.

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