Alignment Healthcare Inc (NASDAQ: ALHC) is 60.71% higher on its value in year-to-date trading and has touched a low of $4.46 and a high of $18.92 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ALHC stock was last observed hovering at around $18.62 in the last trading session, with the day’s loss setting it -0.54%.
Currently trading at $18.08, the stock is 8.27% and 17.02% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.18 million and changing -2.90% at the moment leaves the stock 53.84% off its SMA200. ALHC registered 264.52% gain for a year compared to 6-month gain of 57.63%. The firm has a 50-day simple moving average (SMA 50) of $15.4506 and a 200-day simple moving average (SMA200) of $11.752625.
The stock witnessed a 16.49% loss in the last 1 month and extending the period to 3 months gives it a 67.10%, and is 2.79% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.99% over the week and 4.81% over the month.
Alignment Healthcare Inc (ALHC) has around 1679 employees, a market worth around $3.47B and $2.70B in sales. Profit margin for the company is -4.74%. Distance from 52-week low is 305.38% and -4.44% from its 52-week high. The company has generated returns on investments over the last 12 months (-29.30%).
The EPS is expected to grow by 39.95% this year.
Alignment Healthcare Inc (ALHC) Top Institutional Holders
233.0 institutions hold shares in Alignment Healthcare Inc (ALHC), with institutional investors hold 99.51% of the company’s shares. The shares outstanding are 191.78M, and float is at 106.32M with Short Float at 7.78%. Institutions hold 92.15% of the Float.
The top institutional shareholder in the company is GENERAL ATLANTIC, L.P. with over 60.99 million shares valued at $476.97 million. The investor’s holdings represent 31.9518% of the ALHC Shares outstanding. As of 2024-06-30, the second largest holder is WARBURG PINCUS LLC with 17.92 million shares valued at $140.16 million to account for 9.389 of the shares outstanding. The other top investors are FMR LLC which holds 17.19 million shares representing 9.0044% and valued at over $134.42 million, while DEERFIELD MANAGEMENT COMPANY, L.P. (SERIES C) holds 5.7108 of the shares totaling 10.9 million with a market value of $85.25 million.
Alignment Healthcare Inc (ALHC) Insider Activity
The most recent transaction is an insider sale by Scavo Robert L., the company’s Chief Information Officer. SEC filings show that Scavo Robert L. sold 2,864 shares of the company’s common stock on Mar 27 ’25 at a price of $17.89 per share for a total of $51237.0. Following the sale, the insider now owns 0.7 million shares.
Alignment Healthcare Inc disclosed in a document filed with the SEC on Mar 27 ’25 that Kardes Hakan (Chief Experience Officer) sold a total of 7,225 shares of the company’s common stock. The trade occurred on Mar 27 ’25 and was made at $17.89 per share for $0.13 million. Following the transaction, the insider now directly holds 0.68 million shares of the ALHC stock.
Still, SEC filings show that on Mar 27 ’25, Maroney Dawn Christine (President) disposed off 11,152 shares at an average price of $17.89 for $0.2 million. The insider now directly holds 2,362,899 shares of Alignment Healthcare Inc (ALHC).
