DEBRUNNER DAVID J, VP, CAO, Controller, sold 25,000 shares of the Ally Financial Inc. (NYSE:ALLY) in an exchange that happened on November 29th. The stock was sold at an average price of $26.35 per share, amounting to a transaction worth $658,750. The purchase was made public in a document filed with the SEC.
With this stock price’s latest movement, it is now -8.96% away from its 1-year high and 28.25% higher than its 1-year low price. In the past seven days, the stock price volatility for Ally Financial Inc. was 1.67%, whereas its volatility in the past 30 days has been 2.16%. This public company’s stock also has a beta score of 1.31. When the beta value is less/more than 1, it can imply that the stock is less/more volatile than the wider stock market – a metric that traders will surely be keeping tabs on.
Ally Financial Inc. (NYSE:ALLY) most recently published its quarterly earnings results. The firm posted $0.92 earnings per share (EPS) for the three-month period, surpassing analysts’ consensus estimate of $0.83 by $0.09. The publicly-traded organization reported revenue of $1,438.00 million for the quarter, compared to the average analyst forecast calling for $1,526.78 million, which was missing the analyst consensus estimate.
Shares of Ally Financial Inc. (ALLY) surged 0.23%, amounting to a gain of $0.060000000000002 per share, to finish the regular trading session at $26.42 on Saturday 02/09/2019. After beginning the session at $26.13, shares of Ally Financial Inc. reached as high as $26.42 during the day, while hitting a 1-day low of $25.955. Trade volume reached 3,936,986 shares against this stock’s average daily volume of 3.64M shares, with a total float of 408.58M. As a consequence of the price increase, Ally Financial Inc. now has a current market value of 11.10B.
The Michaels Companies, Inc. (NASDAQ:MIK) subtracted -4.54% to its trading price by the close of the most recent session, dropping from its previous closing price of $13.44 to $12.83. This stock decreased in value by -5.73% during the last 7-day period, and experienced a loss of -20.21% over the past 30-day period. In the past three months, this stock’s price lost by -25.36% , and subtracted -36.55% to its price during the last six months of trading. MIK demonstrated a yearly price loss of -50.33% , while its year-to-date (YTD) price performance has been down -5.24% . This stock’s price changed by +2.80% compared to its 90-day low, and moved down -28.88% comparing to its 90-day high price.
Have a quick look on short, medium and long-term indicators. According to the Composite Indicator, Trendspotter rated the MIK stock as “Sell”. In the short-term, The Michaels Companies, Inc. (MIK) has a 20-day average volume of 2,168,225 shares and short-term indicators sets the MIK stock as “ 80% Sell ” on average basis. In the medium-term, MIK stock has a 50-Day average volume of 2,468,282 shares and medium-term indicators gave the average rating of “ 100% Sell ”, while in the long-term period the FB stock has a 100-Day average volume of 2,384,174 shares. On average, long-term indicators rated the stock as “100% Sell ”. The overall picture from all short, medium and long-term indicators sets the MIK stock as “96% Sell ” on average basis.
Recently, multiple brokerages have sent out reports on MIK. Loop Capital, for example, Upgrade its rating on shares of The Michaels Companies, Inc. from “Hold ” to a “ Buy”, while setting a $17 price target on shares of the company’s stock, according to a research note from Wednesday February 6th, 2019. BofA/Merrill Reiterated their target price for this stock from $25 to $21, while giving the stock a “Buy” rating, as stated in a research report from Wednesday, January 9th, 2019. Telsey Advisory Group, on the other hand, Reiterated a “Outperform” rating on this stock, while posting a $23 price target on shares of this company’s stock in a research note dated Friday, June 15th, 2018.
In other news related to The Michaels Companies, Inc. stock, 0.00% shares of MIK held by institutions. The total number of institutions who held the MIK shares was 361, according to most recent SEC filling. During the past quarter, total 181,725,081 shares held by institutions with the net change of -2,428,866 shares. In the meantime, 12 new institutions bought the shares of The Michaels Companies, Inc. for the first time and 23 institutions sold all their holdings in the company’s common stock. 45 institutions increased their investment in the MIK stock and 68 institutions decreased their investment in the The Michaels Companies, Inc. (MIK)’s stock during the last quarter.