Alignment Healthcare Inc’s recent filing unveils that its Director General Atlantic (ALN HLTH), L unloaded Company’s shares for reported $259.76 million on May 19 ’25. In the deal valued at $15.28 per share,17,000,000 shares were sold. As a result of this transaction, General Atlantic (ALN HLTH), L now holds 44,302,175 shares worth roughly $671.18 million.
Then, GENERAL ATLANTIC, L.P. sold 17,000,000 shares, generating $259,760,000 in total proceeds. Upon selling the shares at $15.28, the Director now owns 44,302,175 shares.
Before that, General Atlantic (ALN HLTH), L bought 17,000,000 shares. Alignment Healthcare Inc shares valued at $276,080,000 were divested by the Affliliate at a price of $16.24 per share.
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 Friday, Alignment Healthcare Inc [NASDAQ:ALHC] saw its stock fall -0.46% to $15.15. Over the last five days, the stock has lost -2.32%. Alignment Healthcare Inc shares have risen nearly 34.67% since the year began. Nevertheless, the stocks have risen 83.19% over the past one year. While a 52-week high of $21.06 was reached on 04/08/25, a 52-week low of $7.05 was recorded on 01/06/25. SMA at 50 days reached $16.69, while 200 days put it at $13.65.
Levels Of Support And Resistance For ALHC Stock
The 24-hour chart illustrates a support level at 14.97, which if violated will result in even more drops to 14.71. On the upside, there is a resistance level at 15.35. A further resistance level may holdings at 15.47. The Relative Strength Index (RSI) on the 14-day chart is 45.69, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.05, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 51.96%. Stochastics %K at 38.97% indicates the stock is a holding.
