In a filing, Alight Inc revealed its Affiliate DNB Holdco, LLC acquired Company’s shares for reported $94.8 million on Dec 03 ’24. In the deal valued at $7.90 per share,12,000,000 shares were bought.
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
Then, Goff Gregory R sold 250,000 shares, generating $2,001,100 in total proceeds. Upon selling the shares at $8.00, the President now owns 852,694 shares.
Before that, GREGORY ROBERT GOFF bought 250,000 shares. Alight Inc shares valued at $2,001,100 were divested by the Officer at a price of $8.00 per share.
JP Morgan downgraded its Alight Inc [ALIT] rating to a Neutral from a an Overweight in a research note published recently. Canaccord Genuity began covering ALIT with “Buy” recommendation on December 06, 2023. UBS started covering the stock on November 07, 2023. It rated ALIT as “a Buy”.
Price Performance Review of ALIT
On Friday, Alight Inc [NYSE:ALIT] saw its stock fall -0.27% to $7.48. Over the last five days, the stock has lost -6.50%. Alight Inc shares have fallen nearly -12.31% since the year began. Nevertheless, the stocks have fallen -5.20% over the past one year. While a 52-week high of $10.38 was reached on 03/22/24, a 52-week low of $6.15 was recorded on 08/06/24. SMA at 50 days reached $7.44, while 200 days put it at $7.86.
Levels Of Support And Resistance For ALIT Stock
The 24-hour chart illustrates a support level at 7.42, which if violated will result in even more drops to 7.35. On the upside, there is a resistance level at 7.57. A further resistance level may holdings at 7.65. The Relative Strength Index (RSI) on the 14-day chart is 44.31, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.32, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 68.87%. Stochastics %K at 31.94% indicates the stock is a holding.
How much short interest is there in Alight Inc?
A steep rise in short interest was recorded in Alight Inc stocks on 2024-11-15, dropping by -4.43 million shares to a total of 33.4 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 37.82 million shares. There was a decline of -13.26%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on June 13, 2023 when Citigroup began covering the stock and recommended ‘”a Buy”‘ rating along with a $12 price target.
