Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Alight Inc shares valued at $645,104 were sold by George Gregory A. on Nov 15 ’24. At $7.60 per share, George Gregory A. sold 84,929 shares. The insider’s holdings dropped to 223,327 shares worth approximately $1.73 million following the completion of this transaction.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, GREGORY ADRIAN GEORGE purchased 84,929 shares, netting a total of over 645,104 in proceeds.
Before that, FOLEY WILLIAM P II had sold 5,000,000 shares from its account. In a trade valued at $41,267,079, the Director traded Alight Inc shares for $8.25 each. Upon closing the transaction, the insider’s holdings decreased to 5,000,000 shares, worth approximately $6.85 million.
As published in a research note from JP Morgan on August 20, 2024, Alight Inc [ALIT] has been rated down from an Overweight to a Neutral and the price target has been revised to $8. As of December 06, 2023, Canaccord Genuity has initiated its “Buy” rating for ALIT. Earlier on November 07, 2023, UBS initiated its rating. Their recommendation was “a Buy” for ALIT stock.
Analyzing ALIT Stock Performance
During the last five days, there has been a drop of approximately -7.96%. Over the course of the year, Alight Inc shares have dropped approximately -9.14%. Shares of the company reached a 52-week high of $10.38 on 03/22/24 and a 52-week low of $6.15 on 08/06/24. A 50-day SMA is recorded $7.31, while a 200-day SMA reached $7.95. Nevertheless, trading volume fell to 6.81 million shares from 5.61 million shares the previous day.
Support And Resistance Levels for Alight Inc (ALIT)
According to the 24-hour chart, there is a support level at 7.63, which, if violated, would cause prices to drop to 7.51. In the upper region, resistance lies at 7.85. The next price resistance is at 7.95. RSI (Relative Strength Index) is 56.02 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.16, which suggests the price will decrease in the coming days. Percent R is at 53.05%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
