Alignment Healthcare Inc’s recently made public that its Chief Human Resources Officer Wagner Andreas P. unloaded Company’s shares for reported $0.21 million on Feb 12 ’25. In the deal valued at $14.38 per share,14,878 shares were sold. As a result of this transaction, Wagner Andreas P. now holds 200,885 shares worth roughly $ 2.77 million.
Then, KAO JOHN E sold 90,000 shares, generating $1,280,304 in total proceeds. Upon selling the shares at $14.23, the Chief Executive Officer now owns 2,183,100 shares.
Before that, Andreas Wagner bought 14,878 shares. Alignment Healthcare Inc shares valued at $213,946 were divested by the Officer at a price of $14.38 per share.
Stephens upgraded its Alignment Healthcare Inc [ALHC] rating to an Overweight from a an Equal-weight in a research note published on December 03, 2024; the price target was increased to $17 from $13. A number of analysts have revised their coverage, including KeyBanc Capital Markets’s analysts, who began to cover the stock in mid October with a ‘”a Sector weight”‘ rating. BofA Securities also remained covering ALHC and has increased its forecast on May 30, 2024 with a “Buy” recommendation from previously “Neutral” rating. Robert W. Baird started covering the stock on May 30, 2024. It rated ALHC as “an Outperform”.
Price Performance Review of ALHC
On Tuesday, Alignment Healthcare Inc [NASDAQ:ALHC] saw its stock jump 0.88% to $13.80. Over the last five days, the stock has lost -4.37%. Alignment Healthcare Inc shares have risen nearly 22.67% since the year began. Nevertheless, the stocks have risen 112.96% over the past one year. While a 52-week high of $15.82 was reached on 01/28/25, a 52-week low of $4.46 was recorded on 01/06/25. SMA at 50 days reached $12.98, while 200 days put it at $10.46.
Levels Of Support And Resistance For ALHC Stock
The 24-hour chart illustrates a support level at 13.54, which if violated will result in even more drops to 13.28. On the upside, there is a resistance level at 14.02. A further resistance level may holdings at 14.24. The Relative Strength Index (RSI) on the 14-day chart is 45.26, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.99, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 86.24%. Stochastics %K at 7.85% indicates the stock is a buying.
