Alight, Inc. (NYSE:ALIT – Get Free Report) was the recipient of a large increase in short interest during the month of March. As of March 13th, there was short interest totaling 50,760,201 shares, an increase of 23.4% from the February 26th total of 41,121,316 shares. Based on an average daily trading volume, of 49,005,128 shares, the short-interest ratio is currently 1.0 days. Approximately 9.7% of the company’s shares are short sold.
Insider Buying and Selling
In related news, CEO Rohit Verma acquired 112,000 shares of the company’s stock in a transaction dated Thursday, March 12th. The stock was bought at an average price of $0.89 per share, with a total value of $99,680.00. Following the purchase, the chief executive officer directly owned 1,134,883 shares in the company, valued at $1,010,045.87. The trade was a 10.95% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In the last three months, insiders bought 242,000 shares of company stock valued at $201,280. 1.93% of the stock is owned by insiders.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in ALIT. Corient Private Wealth LLC boosted its position in shares of Alight by 58.1% in the fourth quarter. Corient Private Wealth LLC now owns 58,625 shares of the company’s stock worth $114,000 after buying an additional 21,552 shares during the period. Caitong International Asset Management Co. Ltd lifted its position in Alight by 14,961.0% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 199,106 shares of the company’s stock worth $388,000 after acquiring an additional 197,784 shares in the last quarter. Aristides Capital LLC purchased a new position in Alight in the 4th quarter worth approximately $186,000. DGS Capital Management LLC purchased a new position in Alight in the 4th quarter worth approximately $53,000. Finally, Pacer Advisors Inc. acquired a new stake in Alight in the fourth quarter valued at approximately $8,462,000. 96.74% of the stock is owned by hedge funds and other institutional investors.
More Alight News
- Neutral Sentiment: Multiple law firms are reminding shareholders of the May 15, 2026 lead‑plaintiff deadline for a class period cited as Nov 12, 2024–Feb 18, 2026; these are procedural notices encouraging potential plaintiffs to act. ALIT UPCOMING DEADLINE: Faruqi & Faruqi, LLP Reminds Alight (ALIT) Investors of Securities Class Action Deadline on May 15, 2026
- Negative Sentiment: A new class action has been filed alleging securities fraud against Alight, increasing potential exposure for damages, management distraction, and reputational harm. Investors should expect legal costs, discovery risk, and possible settlement pressure. Bronstein, Gewirtz & Grossman LLC Urges Alight, Inc. Investors to Act: Class Action Filed Alleging Investor Harm
- Negative Sentiment: Numerous national plaintiff firms (Levi & Korsinsky, Pomerantz, Rosen, Bernstein Liebhard, Schall, Kirby McInerney, Robbins, Glancy, etc.) have announced investigations or filings covering the same class period — signaling broad investor attention and a higher likelihood of consolidated litigation and competing lead‑plaintiff motions. ALIT Investor Alert: Alight, Inc. Securities Fraud Lawsuit – Levi & Korsinsky
- Negative Sentiment: Analysts are reportedly resetting expectations for Alight as execution concerns are re‑priced into estimates, which can drive downgrades and lower target prices. That dynamic plus legal overhang increases downside risk and volatility. How The Investment Story For Alight (ALIT) Is Shifting As Analysts Reset Expectations
Wall Street Analysts Forecast Growth
A number of equities research analysts recently issued reports on ALIT shares. Citigroup downgraded shares of Alight from a “buy” rating to a “neutral” rating and lowered their target price for the company from $6.50 to $1.00 in a report on Friday, February 20th. Wall Street Zen lowered shares of Alight from a “hold” rating to a “sell” rating in a report on Saturday, February 28th. DA Davidson dropped their price objective on Alight from $6.00 to $5.00 and set a “buy” rating for the company in a report on Tuesday, February 10th. KeyCorp lowered Alight from an “overweight” rating to a “sector weight” rating in a research report on Thursday, February 19th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Alight in a report on Wednesday, January 21st. Three research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, Alight presently has an average rating of “Hold” and a consensus target price of $3.56.
Get Our Latest Stock Analysis on Alight
Alight Trading Up 2.3%
NYSE ALIT traded up $0.01 during mid-day trading on Wednesday, hitting $0.60. The company’s stock had a trading volume of 13,897,104 shares, compared to its average volume of 29,905,641. The firm has a market capitalization of $318.56 million, a P/E ratio of -0.10, a price-to-earnings-growth ratio of 0.30 and a beta of 1.16. The company has a debt-to-equity ratio of 1.90, a current ratio of 1.31 and a quick ratio of 1.31. Alight has a 52-week low of $0.50 and a 52-week high of $6.11. The stock’s fifty day simple moving average is $1.07 and its two-hundred day simple moving average is $1.98.
Alight (NYSE:ALIT – Get Free Report) last released its quarterly earnings data on Thursday, February 19th. The company reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.25 by ($0.07). The business had revenue of $653.00 million during the quarter, compared to analyst estimates of $654.30 million. Alight had a positive return on equity of 9.61% and a negative net margin of 136.91%. Research analysts expect that Alight will post 0.54 EPS for the current year.
Alight Company Profile
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.
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