Ally Financial Inc (NYSE: ALLY) is 7.56% higher on its value in year-to-date trading and has touched a low of $25.16 and a high of $45.46 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ALLY stock was last observed hovering at around $38.02 in the last trading session, with the day’s loss setting it -0.46%.
Currently trading at $37.56, the stock is 5.93% and 5.46% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.71 million and changing -1.21% at the moment leaves the stock -2.21% off its SMA200. ALLY registered 43.58% gain for a year compared to 6-month loss of -4.69%. The firm has a 50-day simple moving average (SMA 50) of $35.6158 and a 200-day simple moving average (SMA200) of $38.41055.
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The stock witnessed a 6.98% gain in the last 1 month and extending the period to 3 months gives it a -6.82%, and is 8.65% 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 2.96% over the week and 2.83% over the month.
Ally Financial Inc (ALLY) has around 11100 employees, a market worth around $11.31B and $16.42B in sales. Current P/E ratio is 15.04 and Fwd P/E is 8.96. Profit margin for the company is 4.71%. Distance from 52-week low is 49.31% and -17.38% from its 52-week high. The company has generated returns on investments over the last 12 months (2.78%).
with sales reaching $2.01B over the same period.The EPS is expected to shrink by -1.06% this year, but quarterly earnings will post -1.40% year-over-year. Quarterly sales are estimated to shrink -2.50% in year-over-year returns.
Ally Financial Inc (ALLY) Top Institutional Holders
809.0 institutions hold shares in Ally Financial Inc (ALLY), with institutional investors hold 91.77% of the company’s shares. The shares outstanding are 302.46M, and float is at 301.56M with Short Float at 2.74%. Institutions hold 82.13% 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).
