ALIT Insider Buys 100,000 Shares Amid Mixed Activity

ALIT sees contrasting insider trading as a director increases stake by investing $639,420 in 100,000 shares. Recent sell-offs and varied institutional activity may impact investor sentiment.

Date: 12-03-2025

AI Rating: 5

Insider Trading Activity
Richard N Massey purchased 100,000 shares of $ALIT, increasing his holdings by approximately 6.8%. This action could signal confidence in the company's future, potentially appealing to investors. However, the mixed insider trading activity, with several insiders selling shares, raises questions about their long-term outlook. The total of 6 trades, with 2 purchases and 4 sales, reflects some caution among insiders.

Hedge Fund Activity
Institutional investor behavior shows mixed sentiment towards $ALIT. While 138 institutional investors have increased their positions, totaling significant new purchases, 144 have decreased their holdings. This balance in activity indicates divided opinions on the stock's potential performance.

The substantial addition of shares by Glenview Capital Management, which added over 14 million shares (an increase of 80.2%), counterbalances significant sell-offs by firms like Nomura Holdings and Cannae Holdings, which removed millions of shares from their portfolios.

Stocks: ALIT