Millennium Management Adds $26M in Alignment Healthcare, Inc. ($ALHC)
Key Points
- Millennium Management changed its Alignment Healthcare, Inc. ($ALHC) stake by 49.5% last quarter, boosting to 3,838,020 shares worth $77.70 million.
- Wall Street's consensus rating on $ALHC is Strong Buy and an average price target of $24.92.
- $ALHC last traded around $20.25.
Millennium Management increased its position in Alignment Healthcare, Inc. ($ALHC) by 49.5% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,838,020 shares of Alignment Healthcare, Inc. after buying 1,270,954 shares during the quarter. Millennium Management's holdings in Alignment Healthcare, Inc. were worth $77.70 million as of its most recent filing.
Alignment Healthcare, Inc. ($ALHC) Stock
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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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