Allstate's Executive Vice President and Chief Risk Officer, Mark Q Prindiville, sold 7,383 shares of the company's stock for $1.5 million. Despite recent challenges, analysts remain positive about the company's strategic initiatives and financial health, with price targets raised by Keefe Bruyette, Wells Fargo, and Raymond James. Spark's AI Analyst rates ALL as a "Outperform" based on strong financial performance and attractive valuation.
Allstate's Executive Vice President and Chief Risk Officer, Mark Q Prindiville, recently sold 7,383 shares of the company's stock for $1.5 million. This sale took place on August 26, 2025, according to insider trading records [2].
Despite recent challenges, such as catastrophe losses in the homeowners segment and market-specific issues in New York and New Jersey, analysts remain optimistic about Allstate's strategic initiatives and financial health. Keefe Bruyette, Wells Fargo, and Raymond James have raised their price targets for the company, reflecting confidence in its growth prospects [2].
Spark, TipRanks' AI Analyst, rates Allstate's stock as "Outperform" based on strong financial performance and attractive valuation. The company reported a record revenue of $16.6 billion and a net income of $2.1 billion in Q2 2025, with significant growth in policies in force and robust performance in the personal property-liability and protection services segments [2].
Institutional investors, including Jump Financial LLC and Bank of America Corp DE, have also increased their stakes in Allstate. Jump Financial LLC's holdings in Allstate were worth approximately $10.56 million as of its most recent SEC filing, while Bank of America Corp DE now owns 6,591,138 shares valued at $1,270,705,000 [3].
Allstate's stock has seen a 5.85% YTD price performance, with an average trading volume of 1,585,094 shares and a technical sentiment signal of "Strong Buy" [2]. The company's market capitalization stands at $53.25 billion [2].
References:
[1] https://www.ainvest.com/news/insurance-sector-reallocation-prudential-struggles-aig-allstate-metlife-resilience-2508/
[2] https://www.tipranks.com/news/insider-trading/top-allstate-executive-sells-over-a-million-in-stock-insider-trading
[3] https://www.marketbeat.com/instant-alerts/filing-jump-financial-llc-purchases-44748-shares-of-the-allstate-corporation-all-2025-08-24/
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