Allstate Corp
NYSE:ALL
During the last 3 months Allstate Corp insiders have not bought any shares, and sold 9.7m USD worth of shares. The stock price has increased by 4% over this period (open performance analysis).
The last transaction was made on
Mar 24, 2025
by
Wilson Thomas J
(Executive Vice President and Chief Claims Officer)
, who
sold
3.8m USD
worth of ALL shares.
During the last 3 months Allstate Corp insiders have not bought any shares, and sold 9.7m USD worth of shares. The stock price has increased by 4% over this period (open performance analysis).
The last transaction was made on
Mar 24, 2025
by
Wilson Thomas J
(Executive Vice President and Chief Claims Officer)
, who
sold
3.8m USD
worth of ALL shares.
Allstate Corp
Glance View
Allstate Corp., an iconic player in the American insurance landscape, was founded in 1931 as a part of Sears, Roebuck & Co., and has since carved out its own identity as a formidable independent entity. The company operates primarily in the United States, offering a plethora of insurance products, from auto and home insurance to life and business insurance. Within this vast portfolio, their auto insurance division remains the cornerstone, reflecting the company's roots and ongoing commitment to safeguarding motorists. Allstate's business model revolves around the collection of premiums from policyholders, which serves as their primary revenue stream. They swiftly deploy this capital to settle claims, manage their risk through extensive underwriting processes, and invest in various asset classes to generate additional income. In recent years, Allstate has also embraced the digital transformation wave sweeping across the industry. The company leverages technology to enhance customer service, streamline operations, and predict risks more accurately. Its brand campaign slogan, "You're in good hands," isn't just a catchy phrase, it underscores Allstate's dedication to reliability and trustworthiness. This trusted reputation bolsters customer retention, a critical factor in an industry where the cost of acquiring new customers can be steep. Additionally, Allstate has consistently pursued strategic acquisitions, expanding its geographical footprint and product offerings. By doing so, the company not only diversifies its risk but also taps into new revenue streams, ensuring that it remains a stalwart of stability and strategic growth in the ever-evolving insurance sector.
What is Insider Trading?
Insider trading refers to the buying or selling of a company’s stock by individuals with access to non-public, material information about the company.
While legal insider trading occurs when insiders follow disclosure rules, illegal insider trading involves trading based on confidential information and is prohibited by law.
Why is Insider Trading Important?
It isn't a coincidence that corporate executives seem to always buy at the right times. After all, they have access to every bit of company information you could ever want.
However, the fact that company executives have unique insights doesn't mean that individual investors are always left in the dark. Insider trading data is out there for all who want to use it.
Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.
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