Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Allegion plc shares valued at $257,541 were sold by Kemp Tracy L on Mar 11 ’25. At $126.74 per share, Kemp Tracy L sold 2,032 shares. The insider’s holdings dropped to 10,273 shares worth approximately $1.28 million following the completion of this transaction.
Also, Braun Jeffrey N sold 2,018 shares, netting a total of over 271,788 in proceeds. Following the sale of shares at $134.68 each, the insider now holds 3,077 shares.
Before that, Tracy Kemp had added 2,032 shares to its account. In a trade valued at $257,541, the Officer bought Allegion plc shares for $126.74 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 drop of approximately -1.85%. Over the course of the year, Allegion plc shares have dropped approximately -4.35%. Shares of the company reached a 52-week high of $136.27 on 01/21/25 and a 52-week low of $123.01 on 03/12/25. A 50-day SMA is recorded $129.64, while a 200-day SMA reached $132.90.
Support And Resistance Levels for Allegion plc (ALLE)
According to the 24-hour chart, there is a support level at 123.61, which, if violated, would cause prices to drop to 122.23. In the upper region, resistance lies at 126.47. The next price resistance is at 127.95. RSI (Relative Strength Index) is 43.20 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.61, which suggests the price will decrease in the coming days. Percent R is at 83.99%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
