Alignment Healthcare Inc’s recently made public that its Chief Information Officer Scavo Robert L. unloaded Company’s shares for reported $51237.0 on Mar 27 ’25. In the deal valued at $17.89 per share,2,864 shares were sold. As a result of this transaction, Scavo Robert L. now holds 702,953 shares worth roughly $13.09 million.
Then, Kardes Hakan sold 7,225 shares, generating $129,255 in total proceeds. Upon selling the shares at $17.89, the Chief Experience Officer now owns 678,987 shares.
Before that, Maroney Dawn Christine sold 11,152 shares. Alignment Healthcare Inc shares valued at $199,509 were divested by the President at a price of $17.89 per share. As a result of the transaction, Maroney Dawn Christine now holds 2,362,899 shares, worth roughly $44.0 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 Monday, Alignment Healthcare Inc [NASDAQ:ALHC] saw its stock jump 1.75% to $18.62. Over the last five days, the stock has gained 6.64%. Alignment Healthcare Inc shares have risen nearly 65.51% since the year began. Nevertheless, the stocks have risen 288.73% over the past one year. While a 52-week high of $18.44 was reached on 03/31/25, a 52-week low of $4.46 was recorded on 01/06/25. SMA at 50 days reached $15.38, while 200 days put it at $11.70.
Levels Of Support And Resistance For ALHC Stock
The 24-hour chart illustrates a support level at 18.05, which if violated will result in even more drops to 17.49. On the upside, there is a resistance level at 19.05. A further resistance level may holdings at 19.49. The Relative Strength Index (RSI) on the 14-day chart is 77.48, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.24, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 7.81%. Stochastics %K at 95.59% indicates the stock is a selling.
How much short interest is there in Alignment Healthcare Inc?
A steep rise in short interest was recorded in Alignment Healthcare Inc stocks on 2025-03-14, growing by 0.15 million shares to a total of 8.27 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 8.12 million shares. There was a rise of 1.78%, which implies that there is a positive sentiment for the stock.
