The Insider Activity Of The Allstate Corporation (ALL) Should Not Be Ignored


As of Friday close, The Allstate Corporation’s (NYSE:ALL) stock was down -$6.99, moving down -6.24 percent to $105.11. The average number of shares traded per day over the past five days has been 4,125,620 shares. 2 times new highs have been achieved over the past 5 days, with a -$13.09 fall in that time frame. In the last twenty days, the average volume was 2,246,780, while in the previous 50 days, it was 1,933,122.

Since last month, ALL stock retreated -23.36%. Shares of the company fell to $104.32 on 03/17/23, the lowest level in the past month. A 52-week high of $144.46 was reached on 01/10/23 after having rallying from a 52-week low of $107.86. Since the beginning of this year, ALL’s stock price has dropped by -22.49% or -$30.49, and marked a new high 5 times. However, the stock has declined by -27.24% since its 52-week high.

Top 5 EV Tech Stocks to Buy for 2023

According a new report published by BloombergNEF on investment in the energy transition, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now.

Click Here to Download the FREE Report.


ALL stock investors should be aware that The Allstate Corporation (ALL) stock had its last reported insider trading activity 24 days ago on Feb 22. Merten Jesse E, the EVP & Chief Financial Officer of the company, disposed of 29,451 shares for $134.18 on Feb 22. It resulted in a $3,951,588 divestment by the insider. Gupta Suren sold 20,241 shares at an average price of $137.00 on Jan 03. The insider now owns 82,270 shares following the transaction. On Dec 21, President, Enterprise Services Gupta Suren sold 40,000 shares at $135.25 apiece. The transaction was valued at $5,410,200.

Valuation Metrics

The stock’s beta is 0.61. Besides these, the trailing price-to-sales (P/S) ratio of 0.54, the price-to-book (PB) ratio of 1.79, and the price-to-cash flow ratio of 7.41 may also be considered.

The latest dividend of $0.89 per share was paid out, which is 4.71% more than last year’s $0.85. On Friday February 17 2023, a $0.04 dividend increase was announced.

Financial Health

According to company report, the long-term debt-to-equity ratio for the quarter ending December 30 was 0.51, and the total debt-to-equity ratio was 0.51. In the year ended December 30, operating margins totaled -3.60%. Based on annual data, ALL earned -$1.86 billion in gross profit and brought in $51.41 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -5.80%. Return on equity (ROE) for the past 12 months was -8.00%.

In The Allstate Corporation’s quarter-end financial report for December 30, it reported total debt of $7.97 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. ALL’s revenue rose 5.51% to $12.22 billion during the quarter, while net income inched up to $13.21 billion. While analysts expected The Allstate Corporation to report -$1.36 quarterly earnings, the actual figure was -$1.36 per share. During the quarter, the company generated -$111.0 million in EBITDA. The value of shareholders’ equity is $263.33 million.

Technical Picture

This quick technical analysis looks at The Allstate Corporation’s (ALL) price momentum. With a historical volatility rate of 28.75%, the RSI 9-day stood at 12.74% on 17 March.

With respect to its five-day moving average, the current The Allstate Corporation price is down by -11.07% percent or -$13.09. At present, ALL shares trade -23.33% below its 20-day simple moving average and -12.47% percent below its 100-day simple moving average. However, the stock is currently trading approximately -24.36% below its SMA50 and -23.10% below its SMA200.

Stochastic coefficient K was 10.78% and Stochastic coefficient D was 9.78%, while ATR was 4.18. Given the Stochastic reading of 3.14% for the 14-day period, the RSI (14) reading has been calculated as 17.58%. As of today, the MACD Oscillator reading stands at -6.39, while the 14-day reading stands at -10.68.

With a median target price of $144.50, the current consensus forecast for the stock is $104.00 – $176.00. Based on these forecasts, analysts predict The Allstate Corporation (ALL) will achieve an average price target of $141.81.


Please enter your comment!
Please enter your name here