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Ally Financial chief HR officer sells $495k in shares

By Investing.com2 min readInvesting.com
Ally Financial chief HR officer sells $495k in sharesAlly Financial chief HR officer sells $495k in shares

Ally Financial chief HR officer sells $495k in shares

Kathleen L. Patterson, Chief HR & Corporate Citizenship Officer at Ally Financial Inc. (NASDAQ:ALLY), sold 12,831 shares of common stock on October 21, 2026, for a total value of approximately $495,883. The shares were sold at prices ranging from $38.605 to $38.67, with a weighted average sale price of $38.6473 per share.

Additionally, Ms. Patterson disposed of 31,047 shares of common stock on October 20, 2026. These shares, valued at approximately $1,178,854 at a price of $37.97 per share, were withheld by the company to satisfy tax withholding obligations upon the vesting of a previously reported award of restricted stock units.

Following these transactions, Ms. Patterson directly beneficially owns 67,781 shares of Ally Financial common stock. According to InvestingPro analysis, Ally Financial appears undervalued at current levels. The company has maintained dividend payments for 11 consecutive years, currently offering a 3.1% yield. For deeper insights into Ally’s valuation and financial health, investors can access the comprehensive Pro Research Report, available for this and 1,400+ other US equities on InvestingPro.

In other recent news, Ally Financial reported its third-quarter 2026 earnings and revenue, both meeting Wall Street expectations. The company achieved an adjusted earnings per share of $1.34, aligning with forecasts, and generated revenue of $2.3 billion. Additionally, Ally Financial raised its quarterly dividend and increased its outlook for earning-asset growth. In terms of analyst activity, TD Cowen lowered its price target for Ally Financial from $54 to $52 while maintaining a Buy rating. This adjustment was attributed to concerns over higher reserve build expectations. TD Cowen also revised its 2026 adjusted earnings per share estimate to $5.08, down from $5.15, and its 2027 estimate to $6.30, down from $6.40. These recent developments reflect a cautious yet optimistic outlook for Ally Financial among investors and analysts alike.