Shares of Allstate Corporation (The) (ALL) Sees Large Inflow of Net Money Flow

Allstate Corporation (The) (ALL) : Investors lapped up stocks on upticks to the tune of $15.23 million in the Tuesdays trading session. The trading value on downticks was comparatively at $13.05 million and the uptick to downtick ratio of 1.17 indicates continuous buying by the bulls. The net money flow into the stock was $2.18 million. Upticks saw transactions worth $3.05 clearly indicating buying by large investors. The total money flow for block trades stood at $3.05 million, which is a positive for the stock in the long-term. Allstate Corporation (The) (ALL) fell $0.18 during the day at $69.76, a drop of -0.26% over the previous days close. However, for the week, the stock is 0.14%, compared to the previous week.


The company Insiders own 1.58% of Allstate Corporation (The) shares according to the proxy statements. Institutional Investors own 77.27% of Allstate Corporation (The) shares. During last six month period, the net percent change held by insiders has seen a change of -15.47%. In an insider trading activity, Shebik Steven E, officer (EVP & Chief Financial Officer) of Allstate Corp, unloaded 20,000 shares at an average price of $67.46 on June 3, 2016. The total amount of the transaction was worth $1,349,200, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Shares of The Allstate Corporation rose by 0.42% in the last five trading days and 3.17% for the last 4 weeks. The Allstate Corporation is up 4.06% in the last 3-month period. Year-to-Date the stock performance stands at 13.23%.

Allstate Corporation (The) (NYSE:ALL): On Tuesdays trading session , Opening price of the stock was $70.25 with an intraday high of $70.38. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $69.58. However, the stock managed to close at $69.6, a loss of 0.49% for the day. On the previous day, the stock had closed at $69.94. The total traded volume of the day was 2,316,878 shares.

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.

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