Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
As of close of business last night, Alignment Healthcare Inc’s stock clocked out at $15.25, down -3.54% from its previous closing price of $15.81. In other words, the price has decreased by -$3.54 from its previous closing price. On the day, 3.58 million shares were traded.
Ratios:
To gain a deeper understanding of ALHC’s stock, we examine its different ratios. In the meantime, Its Debt-to-Equity ratio is 3.39 whereas as Long-Term Debt/Eq ratio is at 3.38.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Stephens on December 03, 2024, Upgraded its rating to Overweight and sets its target price to $17 from $13 previously.
BofA Securities Upgraded its Neutral to Buy on May 30, 2024, whereas the target price for the stock was revised from $7.75 to $11.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 06 ’25 when Scavo Robert L. sold 55,403 shares for $15.53 per share. The transaction valued at 860,409 led to the insider holds 673,419 shares of the business.
Maroney Dawn Christine sold 278,917 shares of ALHC for $4,331,581 on Mar 06 ’25. The President now owns 2,303,975 shares after completing the transaction at $15.53 per share. On Mar 05 ’25, another insider, Kim Hyong, who serves as the Chief Medical Officer of the company, sold 13,394 shares for $15.72 each. As a result, the insider received 210,539 and left with 515,502 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 1.08 while its Price-to-Book (P/B) ratio in mrq is 29.29.
Stock Price History:
Over the past 52 weeks, ALHC has reached a high of $16.25, while it has fallen to a 52-week low of $4.46. The 50-Day Moving Average of the stock is 11.17%, while the 200-Day Moving Average is calculated to be 39.47%.
Shares Statistics:
A total of 191.78M shares are outstanding, with a floating share count of 109.86M. Insiders hold about 42.73% of the company’s shares, while institutions hold 56.46% stake in the company.
