Alight CFO Stephen Lasher Acquires 4.9 Million Shares
On June 15, Alight's CFO purchased 4.91 million shares, reflecting insider confidence.
Key Points
- Stephen Lasher, CFO of Alight, Inc., purchased 4.91 million shares on June 15, 2026, as part of an insider transaction.
- Alight, Inc. trades on the NYSE at $0.67, with a market cap of $348.8 million and a forward P/E of 2.25.
- Analysts hold a buy consensus for Alight, with a target mean price of $2.20, despite recent insider activities.
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On June 15, 2026, Stephen Andrew Lasher, the Chief Financial Officer of Alight, Inc. (NYSE:ALIT), made a significant insider purchase by acquiring 4.91 million shares of the company. This transaction wasn't part of a pre-planned trading program.
Insider Buying and Selling at Alight, Inc.
Lasher's purchase adds to recent insider activities at Alight. Earlier, Dinesh Tulsiani, President of Employer Solutions, bought a total of 2.85 million shares on May 1, 2026. Additionally, Naveen Baweja, the Chief Technology Officer, acquired about 2.48 million shares on April 29, 2026. These transactions indicate a notable pattern of insider buying.
Other Institutional Activity in Alight, Inc.
Several institutional investors have also been active in Alight, Inc. BlackRock, Inc. increased its holdings by 4.35 million shares, ending with 40.3 million shares valued at approximately $23.5 million. D. E. Shaw & Co., Inc. significantly boosted its position by 13.2 million shares, reaching a total of 25.6 million shares worth about $14.9 million. Two Sigma Investments, LP made a substantial addition of 19.5 million shares, concluding with 21.8 million shares valued at nearly $12.7 million.
Alight, Inc. Stock Down 95.2%
Shares of Alight, Inc. are currently trading near $0.67 on the NYSE. The company has a market capitalization of $348.8 million and a forward P/E ratio of 2.26. Alight's stock has experienced a 52-week low of $0.48 and a high of $6.11. Its 50-day moving average is $0.74, while the 200-day moving average stands at $1.76. The company maintains a current ratio of 1.42 and a quick ratio of 0.86, with a debt-to-equity ratio of 205.54.
$ALIT stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
Alight, Inc. reported revenue of $2.25 billion, though it faced a revenue decline of 2.6%. The company's net margin is -137.5%, and its return on equity is -117.1%. Alight is expected to announce its next earnings on August 5, 2026.
Dividend
Alight offers an annual dividend rate of $0.16, yielding 16.8% with a payout ratio of 0.0.
Analysts Set New Price Targets
On February 20, 2026, Citigroup downgraded Alight to a hold rating with a $1.00 price target. Meanwhile, DA Davidson maintained its buy rating with a target of $5.00 on February 10, 2026. Keybanc also upheld its buy rating, setting a $2.50 target on January 8, 2026. The consensus among analysts is a buy, with a mean price target of $2.20 based on four opinions.
About Alight, Inc.
Alight, Inc. is a technology-enabled services company based in Chicago, Illinois. It offers Alight Worklife, a cloud-based employee engagement platform that integrates benefits administration, healthcare navigation, and financial wellbeing services. The company also operates a customer care center and provides AI-led software capabilities. Alight, founded in 2020, is led by CEO Rohit Verma.
Bottom Line
Stephen Lasher's purchase of Alight shares highlights insider confidence in the company. Investors often watch such moves for insights into management's outlook. However, these insider transactions are just one piece of the puzzle, and it's important to consider broader market and company fundamentals. As always, remember that 13F filings and insider reports are backward-looking and may not reflect current positions.
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