Allegion plc’s recent filing unveils that its SVP-Chief Info. & Digital Ofr. Kemp Tracy L unloaded Company’s shares for reported $0.26 million on Mar 11 ’25. In the deal valued at $126.74 per share,2,032 shares were sold. As a result of this transaction, Kemp Tracy L now holds 10,273 shares worth roughly $1.34 million.
Then, Braun Jeffrey N sold 2,018 shares, generating $271,788 in total proceeds. Upon selling the shares at $134.68, the SVP, GC and Secretary now owns 3,077 shares.
Before that, Tracy Kemp bought 2,032 shares. Allegion plc shares valued at $257,541 were divested by the Officer at a price of $126.74 per share.
Morgan Stanley initiated its Allegion plc [ALLE] rating to an Equal-weight in a research note published on January 06, 2025; the price target was $137. A number of analysts have revised their coverage, including Barclays’s analysts, who decreased its forecast for the stock in early June from “an Equal weight” to “an Underweight”. Mizuho also remained covering ALLE and has decreased its forecast on February 23, 2024 with a “Neutral” recommendation from previously “Buy” rating. Wells Fargo revised its rating on February 21, 2024. It rated ALLE as “an Equal weight” which previously was an “an Overweight”.
Price Performance Review of ALLE
On Monday, Allegion plc [NYSE:ALLE] saw its stock jump 2.78% to $130.59. Over the last five days, the stock has gained 2.53%. Allegion plc shares have fallen nearly -0.07% since the year began. Nevertheless, the stocks have fallen -3.47% over the past one year. While a 52-week high of $156.10 was reached on 01/21/25, a 52-week low of $113.27 was recorded on 03/12/25. SMA at 50 days reached $129.45, while 200 days put it at $133.16.
Levels Of Support And Resistance For ALLE Stock
The 24-hour chart illustrates a support level at 128.96, which if violated will result in even more drops to 127.32. On the upside, there is a resistance level at 131.53. A further resistance level may holdings at 132.47. The Relative Strength Index (RSI) on the 14-day chart is 55.12, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.72, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 38.72%. Stochastics %K at 44.03% indicates the stock is a holding.
How much short interest is there in Allegion plc?
A steep rise in short interest was recorded in Allegion plc stocks on 2025-02-28, dropping by -0.12 million shares to a total of 2.1 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 2.22 million shares. There was a decline of -5.86%, which implies that there is a negative sentiment for the stock.
