Alignment Healthcare Inc’s filing revealed that its Director JEK TRUST U/A DTD 02/08/2021 acquired Company’s shares for reported $5.33 million on Apr 14 ’25. In the deal valued at $19.74 per share,270,000 shares were bought.
Then, DAWN MARONEY bought 230,000 shares, generating $4,540,200 in total proceeds.
Before that, JOYCE CHRISTOPHER J sold 25,000 shares. Alignment Healthcare Inc shares valued at $461,632 were divested by the Chief Legal and Admin. Officer at a price of $18.47 per share. As a result of the transaction, JOYCE CHRISTOPHER J now holds 415,022 shares, worth roughly $7.94 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 fall -3.09% to $19.13. Over the last five days, the stock has gained 7.35%. Alignment Healthcare Inc shares have risen nearly 70.04% since the year began. Nevertheless, the stocks have risen 296.89% over the past one year. While a 52-week high of $21.06 was reached on 04/08/25, a 52-week low of $4.66 was recorded on 01/06/25. SMA at 50 days reached $16.11, while 200 days put it at $12.25.
Levels Of Support And Resistance For ALHC Stock
The 24-hour chart illustrates a support level at 18.62, which if violated will result in even more drops to 18.11. On the upside, there is a resistance level at 19.64. A further resistance level may holdings at 20.16. The Relative Strength Index (RSI) on the 14-day chart is 62.96, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.04, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 47.30%. Stochastics %K at 62.99% indicates the stock is a holding.
How much short interest is there in Alignment Healthcare Inc?
A steep rise in short interest was recorded in Alignment Healthcare Inc stocks on 2025-03-31, growing by 2.45 million shares to a total of 9.5 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 7.05 million shares. There was a rise of 25.8%, which implies that there is a positive sentiment for the stock.
