Large Outflow of Money Witnessed in Allstate Corporation (The)

Allstate Corporation (The) (NYSE:ALL) managed to stay afloat and traded higher with an addition of 0.03 point or 0.05% at $66.5. The money flow data is a negative $(-12.55) million with $1.56 million in upticks and $14.11 million in downticks. The intraday up/down ratio came in at 0.11. The shares have seen -1.42% change for the week in its share price.From the data available, it was found that a block transaction occurred during the course of trading. For it, the aggregated worth of the upticks was $0 million and the combined worth of the downticks was $12.61, Million, leading to the up/down ratio of 0. The block trade saw a net money flow of $(-12.61) million.

The Allstate Corporation has lost 1.54% in the last five trading days and dropped 0.91% in the last 4 weeks. The Allstate Corporation has dropped 0.72% during the last 3-month period . Year-to-Date the stock performance stands at 8.06%.

Currently the company Insiders own 1.58% of Allstate Corporation (The) shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -27.35% . Institutional Investors own 77.49% of Allstate Corporation (The) shares. During last six month period, the net percent change held by insiders has seen a change of -15.47%. . On the companys insider trading activities, The Securities and Exchange Commission has divulged that Shebik Steven E, officer (EVP & Chief Financial Officer) of Allstate Corp, had unloaded 20,000 shares at an average price of $67.46 in a transaction dated on June 3, 2016. The total value of the transaction was worth $1,349,200.

Allstate Corporation (The) (NYSE:ALL) witnessed a decline in the market cap on Friday as its shares dropped 0.08% or 0.05 points. After the session commenced at $66.44, the stock reached the higher end at $66.535 while it hit a low of $66.03. With the volume soaring to 1,858,851 shares, the last trade was called at $66.42. The company has a 52-week high of $69.48. The company has a market cap of $24,865 million and there are 374,367,230 shares in outstanding. The 52-week low of the share price is $54.12.

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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