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Recent Insider Activity Could Benefit Allstate Corp (ALL)

Allstate Corp’s filing revealed that its Chairman, President & CEO WILSON THOMAS J unloaded 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 sold. As a result of this transaction, WILSON THOMAS J now holds 63,004 shares worth roughly $12.65 million.

Then, WILSON THOMAS J bought 31,503 shares, generating $5,927,710 in total proceeds.

Before that, Merten Jesse E sold 40,102 shares. Allstate Corp shares valued at $7,480,245 were divested by the EVP & Chief Financial Officer at a price of $186.53 per share. As a result of the transaction, Merten Jesse E now holds 18,115 shares, worth roughly $3.64 million.

Argus upgraded its Allstate Corp [ALL] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Evercore ISI’s analysts, who increased its forecast for the stock in early January from “an In-line” to “an Outperform”. Barclays began covering ALL with “an Underweight” recommendation on September 05, 2024. Wells Fargo revised its rating on August 12, 2024. It rated ALL as “an Equal weight” which previously was an “an Underweight”.

Price Performance Review of ALL

On Friday, Allstate Corp [NYSE:ALL] saw its stock jump 1.67% to $200.73. Over the last five days, the stock has gained 0.79%. Allstate Corp shares have risen nearly 4.12% since the year began. Nevertheless, the stocks have risen 28.04% over the past one year. While a 52-week high of $209.88 was reached on 03/03/25, a 52-week low of $155.40 was recorded on 01/10/25. SMA at 50 days reached $191.12, while 200 days put it at $183.70.

Levels Of Support And Resistance For ALL Stock

The 24-hour chart illustrates a support level at 197.20, which if violated will result in even more drops to 193.67. On the upside, there is a resistance level at 202.84. A further resistance level may holdings at 204.95. The Relative Strength Index (RSI) on the 14-day chart is 60.27, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 5.23, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 14.35%. Stochastics %K at 77.33% indicates the stock is a holding.

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