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Alignment Healthcare (NASDAQ:ALHC) COO Sells $274,040.24 in Stock
Alignment Healthcare’s COO, Sebastian Burzacchi, sold 15,361 shares worth $274,040.24, reducing his stake by 5.61%. This sale is part of a cluster of insider liquidations by senior executives, which could negatively impact investor sentiment despite the company’s strong operational performance and positive analyst ratings. Alignment Healthcare (ALHC) recently beat quarterly EPS and revenue estimates, and several analysts have raised their price targets, resulting in a consensus “Moderate Buy” rating.