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
Regulation FD Disclosure
13 May 24
10-Q
2024 Q1
Quarterly report
8 May 24
8-K
Alight Reports First Quarter 2024 Results
8 May 24
8-K
Alight Names Two New Independent Directors, Dave Guilmette and Coretha Rushing, to its Board of Directors
6 May 24
10-K/A
2023 FY
Annual report (amended)
29 Apr 24
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
Transcripts
ALIT
Earnings call transcript
2024 Q1
8 May 24
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 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
3
Jeremy J. Heaton
17 May 24
3
David D Guilmette
14 May 24
3
Coretha M Rushing
13 May 24
SC 13D/A
Cannae Holdings, Inc.
10 May 24
SC 13D/A
Starboard Value LP
6 May 24
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
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
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) | 1.72 bn | 1.72 bn | 1.72 bn | 1.72 bn | 1.72 bn | 1.72 bn |
Cash burn (monthly) | 2.67 mm | (no burn) | 49.33 mm | 36.00 mm | (no burn) | (no burn) |
Cash used (since last report) | 5.50 mm | n/a | 101.83 mm | 74.31 mm | n/a | n/a |
Cash remaining | 1.71 bn | n/a | 1.62 bn | 1.64 bn | n/a | n/a |
Runway (months of cash) | 641.8 | n/a | 32.7 | 45.6 | n/a | n/a |
Institutional ownership, Q4 2023
88.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 155 |
Opened positions | 36 |
Closed positions | 94 |
Increased positions | 59 |
Reduced positions | 36 |
13F shares | Current |
---|---|
Total value | 2.69 tn |
Total shares | 484.92 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 |
News
Wedbush Maintains Outperform on Alight, Lowers Price Target to $12
10 May 24
Keybanc Maintains Overweight on Alight, Lowers Price Target to $11
9 May 24
Needham Maintains Buy on Alight, Lowers Price Target to $11
9 May 24
12 Industrials Stocks Moving In Wednesday's Intraday Session
8 May 24
Alight Operating Finance Officer Jeremy Heaton Became the CFO, Succeeding Katie Rooney Who Will Continue as COO Till Payroll & Professional Services Divestiture
8 May 24
Press releases
Alight to Participate in the 52nd Annual J.P. Morgan Global Technology, Media and Communications Conference
13 May 24
Alight Reports First Quarter 2024 Results
8 May 24
Alight Announces Executive Leadership Changes
8 May 24
Alight Names Two New Independent Directors, Dave Guilmette and Coretha Rushing, to its Board of Directors
6 May 24
Alight to Announce First Quarter 2024 Results
1 May 24