Allstate Corp (ALL): Sanjay Gupta , other of Allstate Corp sold 9,137 shares on Jul 11, 2016. The Insider selling transaction was reported by the company on Jul 13, 2016 to the Securities and Exchange Commission. The shares were sold at $70.00 per share for a total value of $639,590.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jul 13, 2016, Matthew E Winter (other) sold 26,150 shares at $70.00 per share price.On Jun 7, 2016, Steven E Shebik (EVP & Chief Financial Officer) sold 20,000 shares at $67.46 per share price.Also, On May 10, 2016, Judith A Sprieser (director) sold 4,000 shares at $66.92 per share price.On May 10, 2016, Don Civgin (other) sold 214,412 shares at $66.92 per share price.
Allstate Corp: On Monday, Jul 11, 2016 heightened volatility was witnessed in Allstate Corp which led to swings in the share price. The shares opened for trading at $69.66 and hit $70.12 on the upside , eventually ending the session at $69.94, with a gain of 0.40% or 0.28 points. The heightened volatility saw the trading volume jump to 16,98,173 shares. The 52-week high of the share price is $70.12 and the company has a market cap of $26,183 M . The 52-week low of the share price is at $54.12.
Company has been under the radar of several Street Analysts.Allstate Corp is Reiterated by Deutsche Bank to Buy and the brokerage firm has raised the Price Target to $ 79 from a previous price target of $71 .The Rating was issued on May 9, 2016.
The Allstate Corporation is a holding company for Allstate Insurance Company. The Company and its subsidiaries including Allstate Insurance Company Allstate Life Insurance Company and other subsidiaries (collectively Allstate) are engaged in the property-liability insurance and life insurance business. It offers its products in the United States and Canada. Allstate operates in four business segments: Allstate Protection Discontinued Lines and Coverages Allstate Financial and Corporate and Other. The principal geographic markets for its auto homeowners and other personal property and casualty products are in the United States. Through its subsidiaries it sells various types of personal property and casualty insurance products in around 50 states the District of Columbia and Puerto Rico. It sells private passenger auto and homeowners insurance through agencies contact centers and Internet. It sells these products under Allstate Esurance and Encompass brand names.