General Atlantic sells 11,119,494 ALHC shares at $18.57; holdings cut -45.2% to 13.48M shares post-transaction
General Atlantic (ALN HLTH), L.P., a 10% owner, divested 11,119,494 shares of Alignment Healthcare on 2025-12-12 at $18.57, reducing its stake by -45.2% from 24.60M to 13.48M shares and raising $206.5M in proceeds. This represents a substantial reduction in a major shareholder's position. At ALHC specifically, General Atlantic's prior two measurable sales (2025-09-12 and 2025-09-17) showed mixed timing outcomes at the 90-day horizon, with one well-timed sale (30d +8.1%, 90d +21.2%) and one poorly timed (30d -5.8%, 90d -1.5%), though the cross-ticker track record showed a 50% well-timed sell rate historically. ALHC trades at $19.36 today (just -2.1% from its 52-week high) after rallying +16.6% in 30 days and +20.7% in 90 days, suggesting a near-peak exit. The company delivered +48.2% annual revenue growth and $993.7M in latest-quarter revenue, but remains unprofitable on a full-year basis with only $3.7M net income in the latest quarter, leaving fundamentals mixed. The scale of this reduction—cutting holdings by nearly half—signals a material repositioning by the 10% investor.