Allstate Corp (ALL): Don Civgin , other of Allstate Corp sold 214,412 shares on May 6, 2016. The Insider selling transaction was reported by the company on May 10, 2016 to the Securities and Exchange Commission. The shares were sold at $66.92 per share for a total value of $14348451 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 30, 2016, Mary Alice Taylor (director) sold 3,300 shares at $66.92 per share price.On Feb 23, 2016, Judith P Greffin (other) sold 6,000 shares at $64.10 per share price.Also, On Feb 19, 2016, Suren Gupta (other) sold 14,500 shares at $65.00 per share price.On Feb 19, 2016, Matthew E Winter (other) sold 29,635 shares at $65.00 per share price.
Shares of Allstate Corp (ALL) ended Friday, May 6, 2016 session in red amid volatile trading. The shares closed down -0.77 points or -1.13% at $67.1 with 22,13,634 shares getting traded. Post opening the session at $67.5, the shares hit an intraday low of $66.58 and an intraday high of $67.55 and the price vacillated in this range throughout the day. The company has a market cap of $25,120 M and the number of outstanding shares has been calculated to be 37,43,67,230 shares. The 52-week high of Allstate Corp is $69.48 and the 52-week low is $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.