Ally Financial Inc’s recently made public that its Chief Executive Officer RHODES MICHAEL GEORGE acquired Company’s shares for reported $1.0 million on Jan 27 ’25. In the deal valued at $39.09 per share,25,634 shares were bought. As a result of this transaction, RHODES MICHAEL GEORGE now holds 25,634 shares worth roughly $0.93 million.
Then, Hutchinson Russell E. bought 19,100 shares, generating $753,474 in total proceeds. Upon buying the shares at $39.45, the Chief Financial Officer now owns 202,845 shares.
Wolfe Research downgraded its Ally Financial Inc [ALLY] rating to a Peer perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Raymond James’s analysts, who increased its forecast for the stock in late October from “an Underperform” to “a Mkt perform”. JP Morgan also remained covering ALLY and has increased its forecast on October 07, 2024 with a “an Overweight” recommendation from previously “Neutral” rating. BTIG Research revised its rating on September 16, 2024. It rated ALLY as “a Neutral” which previously was an “a Buy”.
Price Performance Review of ALLY
On Friday, Ally Financial Inc [NYSE:ALLY] saw its stock jump 0.89% to $36.44. Over the last five days, the stock has gained 6.92%. Ally Financial Inc shares have risen nearly 1.19% since the year began. Nevertheless, the stocks have fallen -3.78% over the past one year. While a 52-week high of $45.46 was reached on 01/22/25, a 52-week low of $31.95 was recorded on 03/13/25. SMA at 50 days reached $36.87, while 200 days put it at $37.89.
Levels Of Support And Resistance For ALLY Stock
The 24-hour chart illustrates a support level at 35.74, which if violated will result in even more drops to 35.05. On the upside, there is a resistance level at 36.94. A further resistance level may holdings at 37.45. The Relative Strength Index (RSI) on the 14-day chart is 54.70, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.36, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 7.58%. Stochastics %K at 74.01% indicates the stock is a holding.
How much short interest is there in Ally Financial Inc?
A steep rise in short interest was recorded in Ally Financial Inc stocks on 2025-02-28, growing by 1.42 million shares to a total of 8.21 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 6.79 million shares. There was a rise of 17.34%, which implies that there is a positive sentiment for the stock.
