New insider activity at Allegion ( (ALLE) ) has taken place on March 7, 2025.
David S. Ilardi, the Senior Vice President of Allegion Americas, recently sold 789 shares of Allegion stock, amounting to a total value of $98,845.
Recent Updates on ALLE stock
In the last 24 hours, Allegion’s stock has experienced varied price target adjustments from analysts, primarily influenced by its recent earnings report and external market conditions. Morgan Stanley raised its price target for Allegion, reflecting updated earnings and forward estimates. Conversely, Baird and Barclays lowered their targets due to factors such as rebate timing issues and a subdued share price reaction expectation, pending clarity on Allegion’s pricing and productivity outlook. Additionally, Allegion’s global operations face risks from geopolitical and trade challenges, which could impact its financial stability. Despite these challenges, Allegion reported robust financial performance for 2024, with significant revenue and earnings growth, and a positive outlook for 2025, indicating its strong market position and strategic execution.
More about Allegion
YTD Price Performance: -1.64%
Average Trading Volume: 850,282
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $10.68B
Questions or Comments about the article? Write to editor@tipranks.com