Point72 Asset Management, L.P. Adds $8M in Alignment Healthcare, Inc. ($ALHC)
Key Points
- Point72 Asset Management, L.P. changed its Alignment Healthcare, Inc. ($ALHC) stake by 19.5% last quarter, boosting to 2,439,637 shares worth $49.39 million.
- Wall Street's consensus rating on $ALHC is Strong Buy and an average price target of $24.92.
- $ALHC last traded around $20.25.
Point72 Asset Management, L.P. increased its position in Alignment Healthcare, Inc. ($ALHC) by 19.5% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,439,637 shares of Alignment Healthcare, Inc. after buying 397,781 shares during the quarter. Point72 Asset Management, L.P.'s holdings in Alignment Healthcare, Inc. were worth $49.39 million as of its most recent filing.
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About Alignment Healthcare, Inc.
Alignment Healthcare, Inc. operates a consumer-centric healthcare platform for seniors in the United States. It delivers customized healthcare experience to meet the needs of seniors through its Medicare Advantage plans. Alignment Healthcare, Inc. was founded in 2013 and is based in Orange, California.
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