Alight, Inc. (NYSE:ALIT) Short Interest Update

Alight, Inc. (NYSE:ALIT) was the target of a large increase in short interest in 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. Approximately 9.7% of the shares of the company are sold short. Based on an average daily volume of 49,005,128 shares, the days-to-cover ratio is presently 1.0 days.

Analysts Set New Price Targets

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

Alight Stock Performance

Alight stock traded up $0.02 during midday trading on Monday, hitting $0.56. The stock had a trading volume of 35,096,721 shares, compared to its average volume of 30,243,117. Alight has a 52-week low of $0.50 and a 52-week high of $6.11. The company has a market capitalization of $298.25 million, a PE ratio of -0.09, a P/E/G ratio of 0.29 and a beta of 1.16. The firm’s fifty day moving average is $1.11 and its two-hundred day moving average is $2.02. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 1.90.

Alight (NYSE:ALIT) last posted its quarterly earnings results on Thursday, February 19th. The company reported $0.18 earnings per share for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.07). The firm 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 forecast that Alight will post 0.54 EPS for the current year.

Insider Activity at Alight

In other Alight news, CEO Rohit Verma acquired 112,000 shares of the stock in a transaction dated Thursday, March 12th. The shares were purchased at an average price of $0.89 per share, for a total transaction of $99,680.00. Following the purchase, the chief executive officer directly owned 1,134,883 shares of the company’s stock, valued at approximately $1,010,045.87. This trade represents a 10.95% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Over the last ninety days, insiders have bought 242,000 shares of company stock worth $201,280. 1.93% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Alight

A number of institutional investors have recently bought and sold shares of the business. Corsair Capital Management L.P. purchased a new position in shares of Alight in the fourth quarter valued at about $24,701,000. Goldman Sachs Group Inc. grew its position in shares of Alight by 87.1% during 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 in the last quarter. Wellington Management Group LLP raised its stake in Alight by 289.1% during the 3rd 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 during the period. Millennium Management LLC lifted its holdings in Alight by 13,050.9% in the 3rd quarter. Millennium Management LLC now owns 6,964,185 shares of the company’s stock worth $22,703,000 after purchasing an additional 6,911,229 shares in the last quarter. Finally, Nomura Holdings Inc. purchased a new position in Alight in the 2nd quarter worth approximately $32,050,000. Hedge funds and other institutional investors own 96.74% of the company’s stock.

Key Headlines Impacting Alight

Here are the key news stories impacting Alight this week:

• Positive Sentiment: Analyst consensus target remains well above the current share price — a $3.56 consensus target was published by analysts, which suggests upside potential if fundamentals or execution improve. Analyst Target Story
• Neutral Sentiment: Recent commentary and analysis reassess Alight’s valuation in light of an earnings miss and cancellation of the dividend; these pieces provide context on downside risk and what would be needed for a recovery. Valuation Article
• Negative Sentiment: Multiple securities class actions have been filed covering the period Nov. 12, 2024–Feb. 18, 2026; several law firms (Faruqi & Faruqi, Kirby McInerney, Rosen, Robbins, Glancy Prongay Wolke & Rotter, Levi & Korsinsky, Bronstein Gewirtz & Grossman) are soliciting putative class members and reminding investors of a May 15, 2026 lead-plaintiff deadline. The litigation overhang increases legal costs, management distraction and uncertainty around future cash flows and balance-sheet implications. Examples: Faruqi & Faruqi alert and Kirby McInerney filing. Faruqi Alert Kirby McInerney Filing

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.