with an unwavering belief that a company’s success starts with its people, alight solutions is a leading cloud-based provider of integrated digital human capital and business solutions. leveraging proprietary ai and data analytics, alight optimizes business process as a service (bpaas) to deliver superior outcomes for employees and employers across a comprehensive portfolio of services. alight allows employees to enrich their health, wealth and work while enabling global organizations to achieve a high-performance culture. alight’s 15,000 dedicated colleagues serve more than 30 million employees and family members. learn how alight helps organizations of all sizes, including over 70% of the fortune 100 at alight.com.
Company profile
Ticker
ALIT
Exchange
Website
CEO
Stephan D. Scholl
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
Alight Group, Inc., Foley Trasimene Acquisition Corp.
SEC CIK
Corporate docs
Subsidiaries
Alight Administration Solutions LLC • Alight Canada • Alight Financial Advisors, LLC • Alight Financial Solutions, LLC • Alight Group, Inc. • Alight Health Holdings LLC • Alight Holding Company, LLC • Alight Health Market Insurance Solutions Inc. • Alight NGA Holdings LLC • Alight Services India Private Limited ...
IRS number
850545098
ALIT stock data
Latest filings (excl ownership)
8-K
Alight Announces Agreement to Sell Payroll and Professional Services Business for up to $1.2 Billion
20 Mar 24
IRAN
Disclosure regarding Iran Threat Reduction and Syria Human Rights Act
29 Feb 24
10-K
2023 FY
Annual report
29 Feb 24
8-K
Alight Reports Fourth Quarter and Full Year 2023 Results
21 Feb 24
8-K
Alight Names Siobhan Nolan Mangini to Board of Directors
11 Dec 23
IRAN
Disclosure regarding Iran Threat Reduction and Syria Human Rights Act
1 Nov 23
10-Q
2023 Q3
Quarterly report
1 Nov 23
8-K
Alight Reports Third Quarter Results
1 Nov 23
8-K
Entry into a Material Definitive Agreement
20 Sep 23
8-K
Regulation FD Disclosure
6 Sep 23
Transcripts
ALIT
Earnings call transcript
2023 Q4
21 Feb 24
ALIT
Earnings call transcript
2023 Q3
1 Nov 23
ALIT
Earnings call transcript
2023 Q2
1 Aug 23
ALIT
Earnings call transcript
2023 Q1
9 May 23
ALIT
Earnings call transcript
2022 Q4
21 Feb 23
ALIT
Earnings call transcript
2022 Q3
3 Nov 22
ALIT
Earnings call transcript
2021 Q3
13 Nov 21
Latest ownership filings
4/A
Stephan Scholl
11 Apr 24
4
Stephan Scholl
10 Apr 24
144
Notice of proposed sale of securities
8 Apr 24
4
Katie J. Rooney
2 Apr 24
4
WILLIAM P FOLEY II
2 Apr 24
4
Lenore D Williams
2 Apr 24
4
Kausik Rajgopal
2 Apr 24
4
Regina Paolillo
2 Apr 24
4
Erika Meinhardt
2 Apr 24
4
Richard N Massey
2 Apr 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | |
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Revenue | ||||
Cost of revenue | ||||
Operating income | ||||
Operating margin | ||||
Net income | ||||
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Change in cash | ||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 276.00 mm | 276.00 mm | 276.00 mm | 276.00 mm | 276.00 mm | 276.00 mm |
Cash burn (monthly) | (no burn) | 115.17 mm | 5.00 mm | 8.75 mm | (no burn) | (no burn) |
Cash used (since last report) | n/a | 795.19 mm | 34.52 mm | 60.42 mm | n/a | n/a |
Cash remaining | n/a | -519.19 mm | 241.48 mm | 215.58 mm | n/a | n/a |
Runway (months of cash) | n/a | -4.5 | 48.3 | 24.6 | n/a | n/a |
Institutional ownership, Q4 2023
88.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 152 |
Opened positions | 34 |
Closed positions | 95 |
Increased positions | 58 |
Reduced positions | 36 |
13F shares | Current |
---|---|
Total value | 2.68 tn |
Total shares | 483.80 mm |
Total puts | 0.00 |
Total calls | 80.00 k |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Blackstone Holdings III | 91.02 mm | $817.35 mm |
CNNE Cannae | 52.48 mm | $447.63 bn |
Vanguard | 35.20 mm | $300.25 bn |
Abu Dhabi Investment Authority | 33.70 mm | $328.53 mm |
Blackstone Holdings II | 32.75 mm | $269.87 mm |
FPR Partners | 28.20 mm | $240.55 bn |
FNF Fidelity National Financial | 22.30 mm | $190.22 bn |
Glenview Capital Management | 18.20 mm | $155.26 bn |
New Mountain Capital, L.L.C. | 17.30 mm | $147.53 bn |
BX Blackstone | 16.40 mm | $139.88 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
9 Apr 24 | Stephan Scholl | Class A Common Stock | Sell | Dispose S | No | Yes | 9.5337 | 23,484 | 223.89 k | 8,091,699 |
8 Apr 24 | Stephan Scholl | Class A Common Stock | Sell | Dispose S | No | Yes | 9.5102 | 83,016 | 789.50 k | 8,115,183 |
2 Apr 24 | Katie J. Rooney | Class A Common Stock | Sell | Dispose S | No | Yes | 9.4797 | 2,777 | 26.33 k | 2,924,537 |
1 Apr 24 | Katie J. Rooney | Class A Common Stock | Sell | Dispose S | No | Yes | 9.7024 | 2,777 | 26.94 k | 2,927,314 |
29 Mar 24 | Williams Lenore D | Class A Common Stock | Grant | Acquire A | No | No | 0 | 1,522 | 0.00 | 40,705 |
29 Mar 24 | Kausik Rajgopal | Class A Common Stock | Grant | Acquire A | No | No | 0 | 1,015 | 0.00 | 39,937 |
News
Navigating 7 Analyst Ratings For Alight
25 Apr 24
Wedbush Reiterates Outperform on Alight, Maintains $14 Price Target
25 Apr 24
(ALIT) - Analyzing Alight's Short Interest
22 Mar 24
Canaccord Genuity Maintains Buy on Alight, Raises Price Target to $13
21 Mar 24
UBS Maintains Buy on Alight, Raises Price Target to $13
21 Mar 24
Press releases
Fortune Media and Great Place to Work Recognize Alight as a '100 Best Companies to Work For' in 2024
4 Apr 24
Alight's Latest Release of Alight Worklife® to Unlock Value for Organizations and Their People
28 Mar 24
H.I.G. Capital Signs Definitive Agreement to Acquire Alight's Payroll and Professional Services Business
20 Mar 24
Alight Announces Agreement to Sell Payroll and Professional Services Business for up to $1.2 Billion
20 Mar 24
Alight Announces New Integration of Leaves With Other Benefits
14 Mar 24