Baird

Company

Last mentioned: 2d ago

Timeline

  1. Insider Selling

    President and another insider sell a combined 33,157 shares.

  2. Analyst Downgrade

    Wall Street Zen cuts ALHC rating to Hold.

  3. Secondary Offering

    Company prices 13.2M shares at $19.46 to raise capital.

  4. Q4 Earnings Report

    Alignment Healthcare reports declining losses and operational growth.

Stories mentioning Baird 1

Markets Neutral

Alignment Healthcare Insider Sales Follow $257M Secondary Offering

Alignment Healthcare's President and another insider divested over 33,000 shares in mid-March, following a massive secondary offering and a rating downgrade. The sales come as the Medicare Advantage provider reports narrowing losses but faces a shift in analyst sentiment from 'Buy' to 'Hold.'

2 sources