Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Alignment Healthcare Inc shares valued at $461,632 were sold by JOYCE CHRISTOPHER J on Apr 01 ’25. At $18.47 per share, JOYCE CHRISTOPHER J sold 25,000 shares. The insider’s holdings dropped to 415,022 shares worth approximately $8.21 million following the completion of this transaction.
Also, Scavo Robert L. sold 2,864 shares, netting a total of over 51,237 in proceeds. Following the sale of shares at $17.89 each, the insider now holds 702,953 shares.
Before that, Kardes Hakan had sold 7,225 shares from its account. In a trade valued at $129,255, the Chief Experience Officer traded Alignment Healthcare Inc shares for $17.89 each. Upon closing the transaction, the insider’s holdings decreased to 7,225 shares, worth approximately $13.43 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 6.86%. Over the course of the year, Alignment Healthcare Inc shares have jumped approximately 75.82%. Shares of the company reached a 52-week high of $21.06 on 04/08/25 and a 52-week low of $11.30 on 01/06/25. A 50-day SMA is recorded $15.95, while a 200-day SMA reached $12.13.
Support And Resistance Levels for Alignment Healthcare Inc (ALHC)
According to the 24-hour chart, there is a support level at 18.77, which, if violated, would cause prices to drop to 17.77. In the upper region, resistance lies at 20.42. The next price resistance is at 21.07. RSI (Relative Strength Index) is 70.26 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.85, which suggests the price will decrease in the coming days. Percent R is at 31.37%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
