Insider Selling: Ally Financial (NYSE:ALLY) Insider Sells 39,675 Shares of Stock

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Ally Financial (NYSE:ALLY) Director Douglas Timmerman sold 39,675 shares of the company’s stock for approximately $1.79 million on April 17th, reducing his stake by 7.67%. The sale followed Ally’s strong Q1 earnings, where it beat analyst expectations for EPS and revenue, and announced a quarterly dividend of $0.30. Analysts generally maintain a “Moderate Buy” rating for Ally with a consensus price target of $53.64.

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