Insider Trading February 17, 2026

Alignment Healthcare President Sells $618,990 in Stock Ahead of Earnings

Dawn Maroney disposes of 30,000 shares under a pre-arranged plan as analysts raise targets on membership gains

By Leila Farooq ALHC
Alignment Healthcare President Sells $618,990 in Stock Ahead of Earnings
ALHC

Dawn Christine Maroney, president of Alignment Healthcare, sold 30,000 shares on February 17, 2026, for a total of $618,990 under a Rule 10b5-1 plan. The transaction occurred at prices between $20.05 and $20.99, near the quoted share price of $20.59. The company is set to report earnings on February 26, and analysts have recently lifted price targets amid projected membership growth for 2026.

Key Points

  • Dawn Christine Maroney sold 30,000 shares on February 17, 2026, for $618,990 at prices between $20.05 and $20.99; she now owns 997,015 shares.
  • Alignment Healthcare reported approximately 275,300 members as of January 1 and projects year-end 2026 membership of 290,000 to 296,000, implying roughly 24% to 27% growth from projected 2025 levels.
  • Analysts have recently raised price targets and ratings - KeyBanc to $28 (Overweight), Piper Sandler to $30, and JPMorgan upgraded to Overweight with a $20 target - reflecting a favorable consensus on membership growth and EBITDA guidance.

Insider sale details

Dawn Christine Maroney, president of Alignment Healthcare, Inc. (NASDAQ:ALHC), executed a sale of 30,000 shares of common stock on February 17, 2026, collecting $618,990 in gross proceeds. The trades were carried out at prices ranging from $20.05 to $20.99, levels described as being close to the then-current share price of $20.59.

Remaining holdings and company size

Following the disposition, Maroney retains direct ownership of 997,015 shares in Alignment Healthcare. The company carries a market capitalization of $4.11 billion.

Timing and reporting

The sale was conducted under a pre-arranged Rule 10b5-1 trading plan that Maroney adopted on May 22, 2025. Alignment Healthcare is scheduled to report quarterly results on February 26, described in the available data as just 8 days away from the transaction date.

Profitability and analyst expectations

Alignment Healthcare has not been profitable over the last twelve months. However, InvestingPro analysis referenced alongside the transaction indicates that analysts expect the company to achieve profitability this year.

Share performance and valuation context

InvestingPro data included with the report show that ALHC has returned 49.2% over the past year and 34.66% over the last six months. The stock is described as trading slightly above its Fair Value in that dataset.

Membership outlook and recent guidance

Management has set expectations for year-end 2026 health plan membership in a range between 290,000 and 296,000 members. That projection represents roughly 24% to 27% growth versus the company’s projected 2025 membership. For context, Alignment Healthcare reported approximately 275,300 members as of January 1, representing a 31% year-over-year increase.

Analyst moves and market reception

Several broker-dealer research teams have updated their views in light of the company’s results and guidance. KeyBanc raised its price target for Alignment Healthcare to $28 while maintaining an Overweight rating, highlighting expected membership expansion and EBITDA guidance in line with consensus. Piper Sandler increased its target to $30, citing strong sales and retention during the Annual Enrollment Period and anticipated higher membership in 2026. JPMorgan upgraded its rating to Overweight from Neutral and lifted its price target to $20, citing the company’s strong 2025 performance and positioning in the Medicare Advantage market. Collectively, these revisions are presented as reflecting a positive analyst outlook on Alignment Healthcare’s growth trajectory.

Resources for investors

The reporting notes that investors tracking insider activity and company fundamentals can access additional insights via InvestingPro, which offers 10 additional ProTips about ALHC and a comprehensive Pro Research Report designed to translate Wall Street data into actionable information.


Note on limitations - The piece reports the transaction and analyst commentary as provided in the available data. It does not add or infer information beyond the stated figures, ownership levels, membership projections, analyst actions, or the timing of the earnings release.

Risks

  • The company was not profitable over the last twelve months, which presents earnings and cash-flow risk for investors and affects financial markets and healthcare sector valuations.
  • An imminent earnings report on February 26 serves as a near-term catalyst and source of uncertainty for investors assessing performance and guidance.
  • Membership projections for 2026, while provided by the company, remain forward-looking targets and could diverge from actual results, influencing stock performance and Medicare Advantage market expectations.

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