Alignment Healthcare (ALHC) News Today

$7.26
+0.27 (+3.86%)
(As of 05/17/2024 ET)
Alignment Healthcare, Inc. (NASDAQ:ALHC) Sees Significant Growth in Short Interest
Alignment Healthcare, Inc. (NASDAQ:ALHC - Get Free Report) saw a large increase in short interest in April. As of April 30th, there was short interest totalling 5,990,000 shares, an increase of 27.7% from the April 15th total of 4,690,000 shares. Based on an average daily trading volume, of 1,030,000 shares, the days-to-cover ratio is currently 5.8 days. Approximately 6.6% of the company's stock are sold short.
Alignment Healthcare (NASDAQ:ALHC) Shares Gap Down to $6.83
Alignment Healthcare (NASDAQ:ALHC) Shares Gap Down to $6.83
Alignment Healthcare (NASDAQ:ALHC) Upgraded by Piper Sandler to "Overweight"
Piper Sandler raised Alignment Healthcare from a "neutral" rating to an "overweight" rating and boosted their target price for the company from $6.00 to $8.00 in a report on Wednesday.
Q2 2024 Earnings Forecast for Alignment Healthcare, Inc. Issued By Leerink Partnrs (NASDAQ:ALHC)
Alignment Healthcare, Inc. (NASDAQ:ALHC - Free Report) - Equities researchers at Leerink Partnrs lowered their Q2 2024 earnings per share estimates for Alignment Healthcare in a research report issued on Sunday, May 5th. Leerink Partnrs analyst W. Mayo now anticipates that the company will post e
Alignment Healthcare (NASDAQ:ALHC) Posts Quarterly Earnings Results, Misses Estimates By $0.01 EPS
Alignment Healthcare (NASDAQ:ALHC - Get Free Report) announced its quarterly earnings results on Thursday. The company reported ($0.25) EPS for the quarter, missing the consensus estimate of ($0.24) by ($0.01). Alignment Healthcare had a negative return on equity of 75.64% and a negative net margin of 8.12%. The company had revenue of $628.60 million for the quarter, compared to analyst estimates of $599.75 million. During the same quarter in the prior year, the business earned ($0.20) earnings per share. Alignment Healthcare's revenue was up 43.1% compared to the same quarter last year.
Q1 2024 Alignment Healthcare Inc Earnings Call
Stephens Increases Alignment Healthcare (NASDAQ:ALHC) Price Target to $7.00
Stephens boosted their price objective on shares of Alignment Healthcare from $6.00 to $7.00 and gave the company an "equal weight" rating in a research report on Friday.
Alignment Healthcare (NASDAQ:ALHC) Shares Gap Up on Analyst Upgrade
Alignment Healthcare (NASDAQ:ALHC) Shares Gap Up After Analyst Upgrade
ALHC Alignment Healthcare, Inc.
Short Interest in Alignment Healthcare, Inc. (NASDAQ:ALHC) Increases By 19.0%
Alignment Healthcare, Inc. (NASDAQ:ALHC - Get Free Report) was the recipient of a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 4,690,000 shares, an increase of 19.0% from the March 31st total of 3,940,000 shares. Currently, 5.2% of the shares of the stock are sold short. Based on an average daily volume of 901,700 shares, the short-interest ratio is currently 5.2 days.
Alignment Healthcare: A First Assessment
Alignment Healthcare (NASDAQ:ALHC) Given New $9.00 Price Target at Stifel Nicolaus
Stifel Nicolaus dropped their price objective on shares of Alignment Healthcare from $11.00 to $9.00 and set a "buy" rating for the company in a research note on Tuesday.
Alignment Healthcare, Inc. (ALHC)
Alignment Healthcare LLC (ALHC)
Alignment Healthcare (NASDAQ:ALHC) Trading Up 5.5%
Alignment Healthcare (NASDAQ:ALHC) Trading Up 5.5%
Alignment Healthcare, Inc. (NASDAQ:ALHC) Short Interest Down 17.6% in March
Alignment Healthcare, Inc. (NASDAQ:ALHC - Get Free Report) was the recipient of a significant decline in short interest in the month of March. As of March 31st, there was short interest totalling 3,940,000 shares, a decline of 17.6% from the March 15th total of 4,780,000 shares. Currently, 4.4% of the company's shares are sold short. Based on an average trading volume of 891,100 shares, the short-interest ratio is currently 4.4 days.
Vanguard Group Inc. Increases Position in Alignment Healthcare, Inc. (NASDAQ:ALHC)
Vanguard Group Inc. grew its holdings in Alignment Healthcare, Inc. (NASDAQ:ALHC - Free Report) by 3.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,121,432 shares of the company's stock afte
Assenagon Asset Management S.A. Sells 460,985 Shares of Alignment Healthcare, Inc. (NASDAQ:ALHC)
Assenagon Asset Management S.A. reduced its holdings in shares of Alignment Healthcare, Inc. (NASDAQ:ALHC - Free Report) by 84.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 82,212 shares of the company's stock
Alignment Healthcare (NASDAQ:ALHC) Trading Up 5.8%
Alignment Healthcare (NASDAQ:ALHC) Trading 5.8% Higher
Alignment Healthcare (NASDAQ:ALHC) Shares Down 2.7%
Alignment Healthcare (NASDAQ:ALHC) Trading Down 2.7%
Alignment Healthcare, Inc. (NASDAQ:ALHC) Shares Sold by Wellington Management Group LLP
Wellington Management Group LLP decreased its position in Alignment Healthcare, Inc. (NASDAQ:ALHC - Free Report) by 20.8% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 3,935,009 shares of the company's stock after selling 1,031,4
Alignment Healthcare (NASDAQ:ALHC) Shares Down 3%
Alignment Healthcare (NASDAQ:ALHC) Trading Down 3%
Alignment Healthcare, Inc. (NASDAQ:ALHC) CEO Buys $496,460.00 in Stock
Alignment Healthcare, Inc. (NASDAQ:ALHC - Get Free Report) CEO John E. Kao acquired 103,000 shares of Alignment Healthcare stock in a transaction on Thursday, March 14th. The shares were bought at an average cost of $4.82 per share, for a total transaction of $496,460.00. Following the completion of the transaction, the chief executive officer now owns 2,745,253 shares in the company, valued at approximately $13,232,119.46. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
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ALHC Media Sentiment

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This page (NASDAQ:ALHC) was last updated on 5/18/2024 by MarketBeat.com Staff

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