Alight (ALIT)

• Market cap: $3.65B
• 1 day: 1.48%
• 5 days: -3.52%
• 1 month: -11.48%
• 3 months: -6.28%
• 6 months: -9.02%
• Year to date: -18.43%
• 1 year: -15.93%
• 5 years: -24.03%
• 10 years: -24.03%
• Sector: Industrials
• Industry: Business Services

About: Alight Inc is a provider of integrated, cloud-based human capital solutions that empower clients and employees to manage health, wealth and HR needs. Geographically, the company generates a majority of its revenue from the United States.

Employees: 18,000

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

1,663% more call options, than puts

Call options by funds: $21.6M | Put options by funds: $1.23M

24% more repeat investments, than reductions

Existing positions increased: 89 | Existing positions reduced: 72

15% more first-time investments, than exits

New positions opened: 46 | Existing positions closed: 40

5% more funds holding in top 10

Funds holding in top 10: 19 [Q2] → 20 (+1) [Q3]

3% more funds holding

Funds holding: 233 [Q2] → 239 (+6) [Q3]

0.8% more ownership

Funds ownership: 101.03% [Q2] → 101.83% (+0.8%) [Q3]

0% more capital invested

Capital invested by funds: $4.03B [Q2] → $4.03B (+$189K) [Q3]

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $11 60% upside
• Avg. target: $11.33 65% upside
• High target: $12 75% upside

3 analyst ratings

• positive: 3 100%
• neutral: 0 0%
• negative: 0 0%

Keybanc Scott Schoenhaus 19% 1-year accuracy 5 / 26 met price target	60% upside $11	Overweight Maintained	13 Nov 2024
Canaccord Genuity Joseph Vafi 70% 1-year accuracy 58 / 83 met price target	75% upside $12	Buy Maintained	13 Nov 2024
Needham Kyle Peterson 60% 1-year accuracy 35 / 58 met price target	60% upside $11	Buy Maintained	13 Nov 2024