AlightALIT
Market Cap: $3.92B
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 Q2 SEC filings by fund managers ($100M+ AUM)
114% more call options, than puts
Call options by funds: $11.2M | Put options by funds: $5.25M
73% more repeat investments, than reductions
Existing positions increased: 107 | Existing positions reduced: 62
6.28% more ownership
Funds ownership: 94.02% [Q1] → 100.3% (+6.28%) [Q2]
4% less funds holding
Funds holding: 242 [Q1] → 233 (-9) [Q2]
10% less funds holding in top 10
Funds holding in top 10: 21 [Q1] → 19 (-2) [Q2]
17% less first-time investments, than exits
New positions opened: 43 | Existing positions closed: 52
21% less capital invested
Capital invested by funds: $5.07B [Q1] → $4B (-$1.07B) [Q2]
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
Citigroup Peter Christiansen 64% 1-year accuracy 7 / 11 met price target | 50%upside $11 | Buy Maintained | 29 Aug 2024 |
JP Morgan Tien-Tsin Huang 54% 1-year accuracy 28 / 52 met price target | 9%upside $8 | Neutral Downgraded | 20 Aug 2024 |
Wedbush Daniel Ives 69% 1-year accuracy 92 / 134 met price target | 36%upside $10 | Outperform Maintained | 8 Aug 2024 |
Needham Kyle Peterson 52% 1-year accuracy 27 / 52 met price target | 23%upside $9 | Buy Maintained | 7 Aug 2024 |
Keybanc Scott Schoenhaus 39% 1-year accuracy 13 / 33 met price target | 36%upside $10 | Overweight Maintained | 11 Jul 2024 |
Financial journalist opinion
Based on 3 articles about ALIT published over the past 30 days