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)
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
8-K
Departure of Directors or Certain Officers
5 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
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | |
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Revenue | ||||
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Operating income | ||||
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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 | 648.44 mm | 28.15 mm | 49.27 mm | n/a | n/a |
Cash remaining | n/a | -372.44 mm | 247.85 mm | 226.73 mm | n/a | n/a |
Runway (months of cash) | n/a | -3.2 | 49.6 | 25.9 | 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 |
---|---|---|---|---|---|---|---|---|---|---|
17 Mar 24 | Dinesh V Tulsiani | Class A Common Stock | Grant | Acquire A | No | No | 0 | 34,602 | 0.00 | 748,667 |
15 Mar 24 | Kausik Rajgopal | Class A Common Stock | Grant | Acquire A | No | No | 0 | 17,301 | 0.00 | 38,922 |
14 Mar 24 | Gregory A. George | Class A Common Stock | Grant | Acquire A | No | No | 0 | 35,428 | 0.00 | 373,645 |
14 Mar 24 | Stephan Scholl | Class A Common Stock | Grant | Acquire A | No | No | 0 | 417,142 | 0.00 | 8,626,773 |
14 Mar 24 | Gregory R Goff | Class A Common Stock | Grant | Acquire A | No | No | 0 | 131,428 | 0.00 | 1,100,564 |
News
Wedbush Reiterates Outperform on Alight, Maintains $13 Price Target
22 Feb 24
5 Analysts Assess Alight: What You Need To Know
22 Feb 24
Needham Maintains Buy on Alight, Lowers Price Target to $12
22 Feb 24
12 Industrials Stocks Moving In Wednesday's Pre-Market Session
21 Feb 24
Alight Q4 Adj EPS $0.30 Beats $0.26 Estimate, Sales $960.00M Miss $1.03B Estimate
21 Feb 24
Press releases
Alight Announces New Integration of Leaves With Other Benefits
14 Mar 24
Alight Expands Partnership With SAP, Advancing Payroll Systems With Move From On-premise to the Cloud
4 Mar 24
Alight to Present at Upcoming Investor Conferences
1 Mar 24
Alight Confirms Receipt of Director Nominations from Starboard Value
22 Feb 24
Alight Reports Fourth Quarter and Full Year 2023 Results
21 Feb 24