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 $0.81 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.
Compass Point upgraded its Ally Financial Inc [ALLY] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including BTIG Research’s analysts, who decreased its forecast for the stock in late March from “a Neutral” to “a Sell”. Wolfe Research also remained covering ALLY and has decreased its forecast on December 05, 2024 with a “Peer perform” recommendation from previously “an Outperform” rating. Raymond James revised its rating on October 21, 2024. It rated ALLY as “a Mkt perform” which previously was an “an Underperform”.
Price Performance Review of ALLY
On Thursday, Ally Financial Inc [NYSE:ALLY] saw its stock fall -1.71% to $31.63. Over the last five days, the stock has lost -1.13%. Ally Financial Inc shares have fallen nearly -12.16% since the year began. Nevertheless, the stocks have fallen -12.04% over the past one year. While a 52-week high of $45.46 was reached on 01/22/25, a 52-week low of $29.52 was recorded on 04/09/25. SMA at 50 days reached $35.49, while 200 days put it at $37.41.
Levels Of Support And Resistance For ALLY Stock
The 24-hour chart illustrates a support level at 30.83, which if violated will result in even more drops to 30.04. On the upside, there is a resistance level at 32.64. A further resistance level may holdings at 33.66. The Relative Strength Index (RSI) on the 14-day chart is 38.86, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.03, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 72.84%. Stochastics %K at 30.11% 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 2025-03-31, growing by 4.11 million shares to a total of 12.32 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 8.21 million shares. There was a rise of 33.35%, which implies that there is a positive sentiment for the stock.
