Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Alignment Healthcare Inc shares valued at $459,557 were purchased by HYONG J KIM on Mar 20 ’25. At $17.19 per share, HYONG J KIM acquired 26,734 shares.
Also, Wagner Andreas P. sold 7,632 shares, netting a total of over 125,172 in proceeds. Following the sale of shares at $16.40 each, the insider now holds 223,474 shares.
Before that, Wagner Andreas P. had sold 4,888 shares from its account. In a trade valued at $82,561, the Chief Human Resources Officer traded Alignment Healthcare Inc shares for $16.89 each. Upon closing the transaction, the insider’s holdings decreased to 4,888 shares, worth approximately $3.97 million.
As published in a research note from Stephens on December 03, 2024, Alignment Healthcare Inc [ALHC] has been rated up from an Equal-weight to an Overweight and the price target has been revised to $17 from $13. Analysts at KeyBanc Capital Markets started covering the stock with ‘”a Sector weight”‘ outlook in a report released in mid October. As of May 30, 2024, BofA Securities has increased its “Neutral” rating to a “Buy” for ALHC. Earlier on May 30, 2024, Robert W. Baird initiated its rating. Their recommendation was “an Outperform” for ALHC stock.
Analyzing ALHC Stock Performance
During the last five days, there has been a surge of approximately 10.84%. Over the course of the year, Alignment Healthcare Inc shares have jumped approximately 52.71%. Shares of the company reached a 52-week high of $17.38 on 03/20/25 and a 52-week low of $11.30 on 01/06/25. A 50-day SMA is recorded $14.69, while a 200-day SMA reached $11.36.
Support And Resistance Levels for Alignment Healthcare Inc (ALHC)
According to the 24-hour chart, there is a support level at 16.81, which, if violated, would cause prices to drop to 16.44. In the upper region, resistance lies at 17.46. The next price resistance is at 17.75. RSI (Relative Strength Index) is 70.21 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.19, which suggests the price will increase in the coming days. Percent R is at 6.98%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
