Ally Financial Inc (NYSE: ALLY) is -2.66% lower on its value in year-to-date trading and has touched a low of $22.54 and a high of $45.46 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ALLY stock was last observed hovering at around $34.48 in the last trading session, with the day’s loss setting it -0.49%.
Currently trading at $33.99, the stock is -10.88% and -16.15% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.92 million and changing -1.42% at the moment leaves the stock -10.92% off its SMA200. ALLY registered 25.66% gain for a year compared to 6-month gain of -13.49%.
The stock witnessed a -18.86% loss in the last 1 month and extending the period to 3 months gives it a -15.87%, and is 2.91% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.32% over the week and 3.48% over the month.
Ally Financial Inc (ALLY) has around 11100 employees, a market worth around $10.36B and $16.37B in sales. Current P/E ratio is 14.67 and Fwd P/E is 6.89. Profit margin for the company is 4.36%. Distance from 52-week low is 50.80% and -25.23% from its 52-week high. The company has generated returns on investments over the last 12 months (2.81%).
The EPS is expected to shrink by -3.25% this year.
Ally Financial Inc (ALLY) Top Institutional Holders
809.0 institutions hold shares in Ally Financial Inc (ALLY), with institutional investors hold 90.94% of the company’s shares. The shares outstanding are 302.46M, and float is at 301.89M with Short Float at 2.97%. Institutions hold 81.38% of the Float.
The top institutional shareholder in the company is BERKSHIRE HATHAWAY INC with over 29.0 million shares valued at $1.15 billion. The investor’s holdings represent 9.477% of the ALLY Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 28.4 million shares valued at $1.13 billion to account for 9.2799 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 28.13 million shares representing 9.1941% and valued at over $1.12 billion, while HARRIS ASSOCIATES L P holds 6.7484 of the shares totaling 20.65 million with a market value of $819.2 million.
Ally Financial Inc (ALLY) Insider Activity
The most recent transaction is an insider sale by DEBRUNNER DAVID J, the company’s VP, CAO, Controller. SEC filings show that DEBRUNNER DAVID J sold 3,750 shares of the company’s common stock on Dec 29 ’23 at a price of $35.00 per share for a total of $0.13 million. Following the sale, the insider now owns 0.1 million shares.
Ally Financial Inc disclosed in a document filed with the SEC on Dec 14 ’23 that DEBRUNNER DAVID J (VP, CAO, Controller) sold a total of 7,500 shares of the company’s common stock. The trade occurred on Dec 14 ’23 and was made at $33.80 per share for $0.25 million. Following the transaction, the insider now directly holds 0.11 million shares of the ALLY stock.
Still, SEC filings show that on Dec 15 ’23, DEBRUNNER DAVID J (VP, CAO, Controller) disposed off 3,750 shares at an average price of $35.00 for $0.13 million. The insider now directly holds 104,537 shares of Ally Financial Inc (ALLY).
