Buffett's financial stocks include major holdings such as American Express and Bank of America. Jefferies Financial has been his biggest winner recently, while Ally Financial is the cheapest and offers the juiciest dividend.

Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 1.12% of Ally Financial Inc (ALLY)’s shares, while financial institutions hold 91.55%.

Ally Financial (ALLY) is up 8.2%, or $3.13 to $41.31. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders’ Hot Stocks ...

Ally Financial (NYSE: ALLY) became a standalone company in 2014 when it was spun off from General Motors (NYSE: GM). This is actually pretty important because it speaks to Ally Financial's business model of making auto loans.

CardWorks agreed to buy the business, including a $2.3 billion credit-card loan portfolio with 1.3 million active cardholders as of the end of last year, Ally said. Additional terms of the deal weren’t disclosed in a Wednesday statement, but Ally paid around $750 million for the business in 2021. Bloomberg reported on the pending sale in November.

DETROIT (AP) — DETROIT (AP) — Ally Financial Inc. (ALLY) on Wednesday reported fourth-quarter earnings of $108 million. On a per-share basis, the Detroit-based company said it had net income of 26 cents. Earnings, adjusted for non-recurring costs and to account for discontinued operations, were 78 cents per share.

Ally Financial (NYSE:ALLY – Get Free Report) had its price target raised by stock analysts at Wells Fargo & Company from $32.00 to $34.00 in a note issued to investors on Thursday,Benzinga reports. The brokerage currently has an “underweight” rating on the financial services provider’s stock.

Ally Financial Inc. (NYSE ... increasing worries on the Street about the company’s credit quality. Consequently, the significantly lower-than-expected loan loss provisions are likely a key ...

Crossmark Global Holdings Inc. reduced its position in shares of Ally Financial Inc. (NYSE:ALLY – Free Report) by 69.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC).

Ally Financial (ALLY) stock jumped 8.6%in Wednesday premarket trading after the lender posted stronger-than-expected Q4 results and announced an agreement to sell its card business.

KBW analyst Sanjay Sakhrani maintained a Buy rating on Ally Financial (ALLY – Research Report) today and set a price target of $56.00. The

Ally Financial has agreed to sell its credit-card business to a subsidiary of credit-card servicer CardWorks for an undisclosed amount. The holding company for Ally Bank said Wednesday that ...