The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
After finishing at $18.04 in the prior trading day, Alignment Healthcare Inc (NASDAQ: ALHC) closed at $17.52, down -2.88%. In other words, the price has decreased by -$2.88 from its previous closing price. On the day, 3.11 million shares were traded.
Ratios:
Our goal is to gain a better understanding of ALHC by taking a closer look at 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Apr 14 ’25 when Maroney Dawn Christine sold 230,000 shares for $19.10 per share. The transaction valued at 4,392,195 led to the insider holds 2,132,899 shares of the business.
KAO JOHN E sold 90,000 shares of ALHC for $1,718,721 on Apr 14 ’25. The Chief Executive Officer now owns 2,003,100 shares after completing the transaction at $19.10 per share. On Apr 14 ’25, another insider, JEK TRUST U/A DTD 02/08/2021, who serves as the Director of the company, bought 270,000 shares for $19.74 each.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 1.24 while its Price-to-Book (P/B) ratio in mrq is 33.65.
Stock Price History:
Over the past 52 weeks, ALHC has reached a high of $21.06, while it has fallen to a 52-week low of $5.02. The 50-Day Moving Average of the stock is 5.20%, while the 200-Day Moving Average is calculated to be 38.29%.
Shares Statistics:
A total of 191.78M shares are outstanding, with a floating share count of 106.73M. Insiders hold about 44.36% of the company’s shares, while institutions hold 56.76% stake in the company.
