Ally Financial Shares Soar 3.23% on Insider Buying, Earnings Hopes

Ally Financial (ALLY) shares surged 3.23% today, marking the ninth consecutive day of gains, with a total increase of 11.29% over the past nine days. The stock price reached its highest level since January 2025, with an intraday gain of 3.62%.

The strategy of buying ALLY shares after they reached a recent high and holding for 1 week showed mixed results over the past 5 years. The annualized return was -0.4%, indicating a slight underperformance. This was due to 2 wins and 3 losses over the 5-year period. The highest return was 9.15% in a single week, but the lowest return was -7.23% in another week. This volatility highlights the risk of this strategy, especially given the recent high as the entry point, which may not always lead to favorable outcomes.

One of the key factors driving Ally Financial's recent stock performance is the significant insider buying activity. Over the past year, a notable number of insiders have increased their holdings in the company, which is typically viewed as a bullish signal for the stock. This trend suggests that those with intimate knowledge of the company's operations and future prospects are confident in its growth potential.

Additionally, the upcoming earnings report on July 18, 2025, is likely influencing current stock movements. With a Zacks Rank of #3 (Hold) and an earnings estimate of $0.78 per share, investors are closely watching for any positive surprises that could further boost the stock price. The anticipation of strong financial results has contributed to the recent upward momentum in Ally Financial's shares.