The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Alight Inc shares valued at $18,750 were purchased by Lopes Robert A. Jr. on Mar 13 ’25. At $6.25 per share, Lopes Robert A. Jr. acquired 3,000 shares. The insider’s holdings grew to 23,941 shares worth approximately $0.15 million following the completion of this transaction.
Also, Massey Richard N purchased 100,000 shares, netting a total of over 639,420 in proceeds. Following the buying of shares at $6.39 each, the insider now holds 1,573,489 shares.
Before that, SCHRIESHEIM ROBERT A had added 22,092 shares to its account. In a trade valued at $150,000, the Director bought Alight Inc shares for $6.79 each. Upon closing the transaction, the insider’s holdings increased to 22,092 shares, worth approximately $0.14 million.
As published in a research note from JP Morgan on August 20, 2024, Alight Inc [ALIT] has been rated down from an Overweight to a Neutral and the price target has been revised to $8. As of December 06, 2023, Canaccord Genuity has initiated its “Buy” rating for ALIT. Earlier on November 07, 2023, UBS initiated its rating. Their recommendation was “a Buy” for ALIT stock.
Analyzing ALIT Stock Performance
During the last five days, there has been a surge of approximately 0.49%. Over the course of the year, Alight Inc shares have dropped approximately -10.40%. Shares of the company reached a 52-week high of $7.66 on 02/20/25 and a 52-week low of $5.87 on 03/13/25. A 50-day SMA is recorded $6.59, while a 200-day SMA reached $7.08.
Support And Resistance Levels for Alight Inc (ALIT)
According to the 24-hour chart, there is a support level at 6.14, which, if violated, would cause prices to drop to 6.09. In the upper region, resistance lies at 6.26. The next price resistance is at 6.33. RSI (Relative Strength Index) is 44.93 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.07, which suggests the price will decrease in the coming days. Percent R is at 44.07%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
