Alight Inc’s recently made public that its Director Lopes Robert A. Jr. acquired Company’s shares for reported $18750.0 on Mar 13 ’25. In the deal valued at $6.25 per share,3,000 shares were bought. As a result of this transaction, Lopes Robert A. Jr. now holds 23,941 shares worth roughly $0.15 million.
Then, Massey Richard N bought 100,000 shares, generating $639,420 in total proceeds. Upon buying the shares at $6.39, the Director now owns 1,573,489 shares.
Before that, SCHRIESHEIM ROBERT A bought 22,092 shares. Alight Inc shares valued at $150,000 were divested by the Director at a price of $6.79 per share. As a result of the transaction, SCHRIESHEIM ROBERT A now holds 22,092 shares, worth roughly $0.14 million.
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 Monday, Alight Inc [NYSE:ALIT] saw its stock jump 3.60% to $6.33. Over the last five days, the stock has gained 2.76%. Alight Inc shares have fallen nearly -8.53% since the year began. Nevertheless, the stocks have fallen -29.51% over the past one year. While a 52-week high of $10.38 was reached on 02/20/25, a 52-week low of $5.87 was recorded on 03/13/25. SMA at 50 days reached $6.67, while 200 days put it at $7.13.
Levels Of Support And Resistance For ALIT Stock
The 24-hour chart illustrates a support level at 6.15, which if violated will result in even more drops to 5.97. On the upside, there is a resistance level at 6.45. A further resistance level may holdings at 6.57. The Relative Strength Index (RSI) on the 14-day chart is 45.50, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.26, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 61.98%. Stochastics %K at 20.39% 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 2025-02-28, dropping by -0.59 million shares to a total of 31.1 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 31.69 million shares. There was a decline of -1.9%, 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.
