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. Alignment Healthcare Inc shares valued at $259,760,000 were sold by General Atlantic (ALN HLTH), L on May 19 ’25. At $15.28 per share, General Atlantic (ALN HLTH), L sold 17,000,000 shares. The insider’s holdings dropped to 44,302,175 shares worth approximately $679.15 million following the completion of this transaction.
Also, GENERAL ATLANTIC, L.P. sold 17,000,000 shares, netting a total of over 259,760,000 in proceeds. Following the sale of shares at $15.28 each, the insider now holds 44,302,175 shares.
Before that, General Atlantic (ALN HLTH), L had added 17,000,000 shares to its account. In a trade valued at $276,080,000, the Affliliate bought Alignment Healthcare Inc shares for $16.24 each.
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 2.82%. Over the course of the year, Alignment Healthcare Inc shares have jumped approximately 36.27%. 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.
Support And Resistance Levels for Alignment Healthcare Inc (ALHC)
According to the 24-hour chart, there is a support level at 15.11, which, if violated, would cause prices to drop to 14.88. In the upper region, resistance lies at 15.77. The next price resistance is at 16.20. RSI (Relative Strength Index) is 42.68 on the 14-day chart, showing neutral technical sentiment.
