Alignment Healthcare Inc’s recent filing unveils that its President Maroney Dawn Christine unloaded Company’s shares for reported $0.41 million on Feb 18 ’25. In the deal valued at $13.72 per share,30,000 shares were sold. As a result of this transaction, Maroney Dawn Christine now holds 1,576,097 shares worth roughly $20.77 million.
Then, Wagner Andreas P. sold 14,878 shares, generating $213,946 in total proceeds. Upon selling the shares at $14.38, the Chief Human Resources Officer now owns 200,885 shares.
Before that, KAO JOHN E sold 90,000 shares. Alignment Healthcare Inc shares valued at $1,280,304 were divested by the Chief Executive Officer at a price of $14.23 per share. As a result of the transaction, KAO JOHN E now holds 2,183,100 shares, worth roughly $28.77 million.
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 Friday, Alignment Healthcare Inc [NASDAQ:ALHC] saw its stock fall -8.28% to $13.18. Over the last five days, the stock has lost -4.97%. Alignment Healthcare Inc shares have risen nearly 17.16% since the year began. Nevertheless, the stocks have risen 93.82% 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 $13.09, while 200 days put it at $10.59.
Levels Of Support And Resistance For ALHC Stock
The 24-hour chart illustrates a support level at 12.83, which if violated will result in even more drops to 12.47. On the upside, there is a resistance level at 13.77. A further resistance level may holdings at 14.35. The Relative Strength Index (RSI) on the 14-day chart is 39.60, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.59, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 95.42%. Stochastics %K at 23.70% indicates the stock is a holding.
