Key Points
- Director Robert Jr. Lopes bought 30,000 shares of Alight at about $0.82 each (total ~$24,600), boosting his stake to 117,219 shares — a 34.4% increase that signals insider buying at current low prices.
- The company is facing multiple class action lawsuits and securities‑law investigations alleging misleading statements about growth and dividends, creating material legal and headline risk that could pressure the stock.
- Analysts have trimmed ratings and targets after an EPS miss (reported $0.18 vs. $0.25 expected) and weak margins; the stock trades near its 12‑month low with a market cap around $395.5M.
Alight, Inc. (NYSE:ALIT - Get Free Report) Director Robert Jr. Lopes acquired 30,000 shares of the stock in a transaction dated Monday, March 16th. The stock was acquired at an average price of $0.82 per share, for a total transaction of $24,600.00. Following the purchase, the director directly owned 117,219 shares in the company, valued at approximately $96,119.58. This trade represents a 34.40% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink.
Alight Stock Performance
Shares of NYSE ALIT opened at $0.74 on Wednesday. The firm has a 50 day moving average of $1.28 and a 200 day moving average of $2.20. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 1.90. The firm has a market capitalization of $395.53 million, a price-to-earnings ratio of -0.13, a price-to-earnings-growth ratio of 0.43 and a beta of 1.16. Alight, Inc. has a 12-month low of $0.65 and a 12-month high of $6.34.
Alight (NYSE:ALIT - Get Free Report) 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). The business had revenue of $653.00 million during the quarter, compared to the consensus estimate of $654.30 million. Alight had a positive return on equity of 9.61% and a negative net margin of 136.91%. On average, research analysts anticipate that Alight, Inc. will post 0.54 earnings per share for the current year.
Hedge Funds Weigh In On Alight
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Corsair Capital Management L.P. bought a new stake in Alight in the 4th quarter worth approximately $24,701,000. Goldman Sachs Group Inc. increased its position in Alight by 87.1% in the fourth quarter. Goldman Sachs Group Inc. now owns 24,777,535 shares of the company's stock worth $48,316,000 after purchasing an additional 11,534,921 shares during the last quarter. Wellington Management Group LLP raised its stake in Alight by 289.1% during the third quarter. Wellington Management Group LLP now owns 13,909,404 shares of the company's stock valued at $45,345,000 after purchasing an additional 10,334,915 shares in the last quarter. Millennium Management LLC raised its stake in Alight by 13,050.9% during the third quarter. Millennium Management LLC now owns 6,964,185 shares of the company's stock valued at $22,703,000 after purchasing an additional 6,911,229 shares in the last quarter. Finally, Nomura Holdings Inc. bought a new position in Alight during the second quarter valued at $32,050,000. 96.74% of the stock is owned by institutional investors.
Trending Headlines about Alight
Here are the key news stories impacting Alight this week:
- Positive Sentiment: Company director Robert A. Lopes purchased 30,000 shares at about $0.82, a meaningful insider buy that signals confidence from management at the current low price. SEC Form 4 — Robert A. Lopes
- Neutral Sentiment: Analysts and press note a shifting investment narrative as Wall Street applies more caution to Alight’s outlook; this reflects sentiment change rather than new fundamentals but can amplify volatility. How The Investment Narrative For Alight (ALIT) Is Shifting
- Negative Sentiment: Robbins LLP and other firms have reminded investors of an active class action filed on behalf of purchasers of ALIT stock during Nov. 12, 2024–Feb. 18, 2026; widespread litigation increases legal risk and potential future costs. ALIT Stockholder Notice — Robbins LLP
- Negative Sentiment: Multiple securities‑law firms (Gainey McKenna & Egleston, Bragar Eagel & Squire, Levi & Korsinsky, Rosen, Holzer, et al.) have announced filings or investigations alleging Alight made false or misleading statements about its growth execution and ability to sustain its dividend — allegations that, if proven, could lead to damages, settlements or regulatory scrutiny. Gainey McKenna & Egleston — Class Action Filed
- Negative Sentiment: Several firms are actively soliciting lead‑plaintiff applications and reminding investors of a May 15, 2026 deadline — signaling coordinated legal activity and broad investor outreach that typically prolongs headline risk and trading pressure. Kirby McInerney — Investor Alert
Analyst Ratings Changes
A number of brokerages have commented on ALIT. Bank of America began coverage on Alight in a research report on Tuesday, February 17th. They issued an "underperform" rating and a $1.40 price target for the company. Citigroup cut Alight from a "buy" rating to a "neutral" rating and lowered their price objective for the company from $6.50 to $1.00 in a research 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. Weiss Ratings restated a "sell (d-)" rating on shares of Alight in a research note on Wednesday, January 21st. Finally, DA Davidson lowered their price target on shares of Alight from $6.00 to $5.00 and set a "buy" rating on the stock in a report on Tuesday, February 10th. Three analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $3.56.
View Our Latest Stock Analysis on ALIT
Alight Company Profile
(
Get Free Report)
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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