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Alignment Healthcare (NASDAQ:ALHC) President Sells $655,602.16 in Stock
Alignment Healthcare (NASDAQ:ALHC) President Dawn Christine Maroney sold 36,749 shares of the company’s stock for $655,602.16 on March 18th, reducing her stake by 3.35%. This is part of a pattern of significant insider sales from Maroney and other executives, which is raising sentiment risks despite the company beating recent earnings estimates and analysts raising price targets on the stock. Institutional investors, however, have been increasing their positions in ALHC.