Alight (NYSE:ALIT) Shares Down 5.3% – Here’s Why

Posted by George Bondi on Jul 23rd, 2026

Alight, Inc. (NYSE:ALIT – Get Free Report) fell 5.3% on Tuesday . The company traded as low as $19.10 and last traded at $19.2640. Approximately 100,218 shares were traded during mid-day trading, a decline of 93% from the average daily volume of 1,370,464 shares. The stock had previously closed at $20.35.

Analysts Set New Price Targets

A number of research firms have recently issued reports on ALIT. Wall Street Zen upgraded shares of Alight from a “sell” rating to a “hold” rating in a research note on Saturday, April 25th. Weiss Ratings downgraded shares of Alight from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Thursday, May 7th. Finally, DA Davidson upped their target price on shares of Alight from $2.00 to $40.00 and gave the company a “buy” rating in a research note on Thursday, July 2nd. Three research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $62.57.

Get Our Latest Stock Report on ALIT

Alight Stock Performance

The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 1.92. The company has a 50 day moving average of $15.66 and a 200 day moving average of $18.92. The firm has a market cap of $513.06 million, a price-to-earnings ratio of -0.16, a PEG ratio of 0.40 and a beta of 1.66.

Institutional Investors Weigh In On Alight

Several hedge funds and other institutional investors have recently bought and sold shares of ALIT. Royal Bank of Canada boosted its stake in shares of Alight by 3.6% during the 1st quarter. Royal Bank of Canada now owns 159,901 shares of the company’s stock valued at $948,000 after buying an additional 5,525 shares during the last quarter. AQR Capital Management LLC acquired a new stake in Alight in the first quarter valued at $434,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Alight by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 249,753 shares of the company’s stock valued at $1,481,000 after acquiring an additional 10,893 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in Alight by 1,776.2% in the first quarter. Jones Financial Companies Lllp now owns 11,257 shares of the company’s stock valued at $67,000 after acquiring an additional 10,657 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Alight by 7.0% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,027,103 shares of the company’s stock valued at $6,091,000 after acquiring an additional 66,771 shares during the last quarter. 96.74% of the stock is currently owned by hedge funds and other institutional investors.

About Alight

(Get Free Report)

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.