Robert Jr. Lopes Buys 30,000 Shares of Alight (NYSE:ALIT) Stock

Alight, Inc. (NYSE:ALIT) Director Robert Jr. Lopes bought 30,000 shares of the business’s stock in a transaction dated Monday, March 16th. The shares were bought at an average price of $0.82 per share, with a total value of $24,600.00. Following the purchase, the director owned 117,219 shares in the company, valued at $96,119.58. The trade was a 34.40% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Alight Stock Performance

Shares of ALIT stock opened at $0.69 on Thursday. Alight, Inc. has a 52 week low of $0.65 and a 52 week high of $6.34. The company has a market capitalization of $366.13 million, a price-to-earnings ratio of -0.12, a PEG ratio of 0.40 and a beta of 1.16. The company has a 50-day simple moving average of $1.25 and a 200 day simple moving average of $2.19. The company has a debt-to-equity ratio of 1.90, a quick ratio of 1.31 and a current ratio of 1.31.

Alight (NYSE:ALIT) last released its quarterly earnings results on Thursday, February 19th. The company reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.25 by ($0.07). Alight had a negative net margin of 136.91% and a positive return on equity of 9.61%. The company had revenue of $653.00 million during the quarter, compared to the consensus estimate of $654.30 million. On average, sell-side analysts predict that Alight, Inc. will post 0.54 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of ALIT. TradeLink Capital LLC acquired a new stake in Alight during the fourth quarter worth about $25,000. Strs Ohio bought a new position in Alight in the 1st quarter valued at about $25,000. Moss Adams Wealth Advisors LLC acquired a new position in shares of Alight in the 4th quarter valued at approximately $26,000. Renaissance Technologies LLC acquired a new position in shares of Alight in the 4th quarter valued at approximately $26,000. Finally, Allworth Financial LP lifted its holdings in shares of Alight by 848.5% during the 4th quarter. Allworth Financial LP now owns 14,920 shares of the company’s stock worth $29,000 after acquiring an additional 13,347 shares during the period. Institutional investors and hedge funds own 96.74% of the company’s stock.

More Alight News

Here are the key news stories impacting Alight this week:

• Positive Sentiment: Director insider purchase: Alight director Robert A. Jr. Lopes bought 30,000 shares at about $0.82, increasing his stake substantially — a signal of insider confidence that can be viewed as supportive for the stock. Read More.
• Neutral Sentiment: Shifting investment narrative: coverage and commentary note growing caution on Alight’s outlook following recent results; this changes sentiment and volatility potential more than immediate fundamentals. Read More.
• Negative Sentiment: Class action filed: a securities class action complaint has been filed alleging Alight made false/misleading statements about growth execution and its ability to sustain dividends — a development that increases legal exposure and could drive future settlement or defense costs. Read More.
• Negative Sentiment: Multiple law firms and investigations: numerous firms (Rosen, Levi & Korsinsky, Kirby McInerney, Bragar, Holzer, etc.) have announced investigations or are soliciting lead‑plaintiff applications for the Nov. 12, 2024–Feb. 18, 2026 class period with a May 15, 2026 deadline — broad outreach prolongs headline risk and can maintain selling pressure. Read More.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. Weiss Ratings reissued a “sell (d-)” rating on shares of Alight in a report on Wednesday, January 21st. DA Davidson decreased their price objective on Alight from $6.00 to $5.00 and set a “buy” rating on the stock in a report on Tuesday, February 10th. Citigroup cut Alight from a “buy” rating to a “neutral” rating and lowered their price objective for the stock from $6.50 to $1.00 in a research report on Friday, February 20th. Needham & Company LLC downgraded Alight from a “buy” rating to a “hold” rating in a report on Thursday, February 19th. Finally, Bank of America started coverage on shares of Alight in a research report on Tuesday, February 17th. They issued an “underperform” rating and a $1.40 target price for the company. Three investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $3.56.

About Alight

Alight, Inc (NYSE: ALIT) is a leading provider of cloud-based human capital and financial solutions designed to help organizations and their employees navigate critical life and work events. The company offers a comprehensive suite of services, including payroll administration, benefits enrollment and management, workforce and analytics solutions, health and welfare support, and financial wellness programs. By integrating advanced technology with expert advisory services, Alight aims to simplify the administration of human resources and benefits functions, improve employee engagement and productivity, and drive cost efficiencies for its clients.

Alight’s core platform leverages cloud architecture and automation to deliver scalable and secure solutions that address the needs of mid-sized and large enterprises.