Rohit Verma, Chief Executive Officer at Alight, Inc. / Delaware (ALIT), bought 112,000 shares at $0.89 ($100K) on 2026-03-12, disclosed to the SEC on 2026-03-12.
CEO Rohit Verma purchased 112,000 shares at $0.89, marking the largest insider purchase in the company's history. This aggressive buyback occurs as the stock has plummeted 85% over the last year, potentially signaling a bottom in the valuation.
The stock is currently trading at $0.91, down 4.41% over the last 5 days and down 56.97% over the last 90 days. It is trading 85.79% below its 52-week high of $6.39.
The CEO's largest-ever purchase of 112,000 shares, and the company's expansion of its Health Solutions Network on May 24. The stock is also positioned for a reaction to Q2 earnings, which typically follow the Q1 beat reported on May 6.
Risks include a short interest of 10.67% and analyst notes from May 13 citing execution issues around renewals and margins. Additionally, the stock dropped 61.2% recently, raising concerns about the sustainability of the current recovery.
Clearly above the average filing.
| Filing → |
| CRDA | BUY | 2022-11-30 | $2K | — | Filing → |
| CRDA | BUY | 2022-11-28 | $591 | — | Filing → |
| CRDA | BUY | 2022-11-23 | $2K | — | Filing → |