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The Potential Rise in the Price of Allstate Corp (ALL) following insiders activity

Allstate Corp’s recently made public that its Chairman, President & CEO WILSON THOMAS J unloaded Company’s shares for reported $6.52 million on Mar 24 ’25. In the deal valued at $207.02 per share,31,502 shares were sold. As a result of this transaction, WILSON THOMAS J now holds 31,502 shares worth roughly $5.88 million.

Then, WILSON THOMAS J bought 31,502 shares, generating $6,521,639 in total proceeds.

Before that, WILSON THOMAS J sold 31,503 shares. Allstate Corp shares valued at $5,927,709 were divested by the Chairman, President & CEO at a price of $188.16 per share. As a result of the transaction, WILSON THOMAS J now holds 63,004 shares, worth roughly $11.75 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 fall -9.13% to $186.57. Over the last five days, the stock has lost -9.63%. Allstate Corp shares have fallen nearly -3.23% since the year began. Nevertheless, the stocks have risen 7.58% over the past one year. While a 52-week high of $212.91 was reached on 03/20/25, a 52-week low of $156.66 was recorded on 01/10/25. SMA at 50 days reached $197.29, while 200 days put it at $187.82.

Levels Of Support And Resistance For ALL Stock

The 24-hour chart illustrates a support level at 180.65, which if violated will result in even more drops to 174.73. On the upside, there is a resistance level at 198.07. A further resistance level may holdings at 209.57. The Relative Strength Index (RSI) on the 14-day chart is 31.72, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -6.55, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 98.73%. Stochastics %K at 21.91% indicates the stock is a holding.

How much short interest is there in Allstate Corp?

A steep rise in short interest was recorded in Allstate Corp stocks on 2025-03-14, growing by 1.23 million shares to a total of 3.96 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 2.73 million shares. There was a rise of 31.0%, which implies that there is a positive sentiment for the stock.

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