Glenview Capital Management reduced its stake in Alight by roughly 16% during the third quarter.Glenview Capital Management, LLC cut its stake in Alight, Inc. (ALIT +1.67%) by 4,004,556 shares in the third quarter, reducing exposure by an estimated $71.57 million, according to a November 14, 2025, SEC filing.What HappenedAccording to a Securities and Exchange Commission (SEC) filing dated November 14, 2025, Glenview Capital Management, LLC sold 4,004,556 shares of Alight during the third quarter. Following ...

Core Insights - Meridian Growth Fund's third-quarter 2025 performance was negatively impacted by sector positioning and strict investment discipline, resulting in a return of -1.78% compared to the Russell 2500 Growth Index's 10.73% return [1] Group 1: Market Overview - Equities reached record highs in Q3 2025, driven by gains in technology and declining bond yields [1] - Easing tariff rhetoric and renewed investments in AI infrastructure contributed to the performance of large tech stocks [1] - The U.S. Federal Reserve lowered rates by 25 basis points in mid-September 2025 [1] Group 2: Alight, Inc. (NYSE:ALIT) Performance - Alight, Inc. experienced a one-month return of -17.45% and a 52-week loss of 71.66%, closing at $2.31 per share with a market capitalization of $1.269 billion on November 28, 2025 [2] - The company reported Q3 2025 revenue of $533 million, down from $555 million a year earlier [4] Group 3: Alight, Inc. Business Insights - Alight, Inc. is a cloud-based human capital technology provider that helps businesses manage HR functions more efficiently [3] - The company faced challenges due to a year-long technology transformation, which included migrating services to the cloud and integrating AI capabilities, leading to a decline in customer retention from approximately 98% to 93% [3] - Despite stabilizing EBITDA through cost controls, revenue normalization may take years, and the stock's valuation remains compelling [3] Group 4: Hedge Fund Interest - Alight, Inc. was held by 39 hedge fund portfolios at the end of Q3 2025, an increase from 30 in the previous quarter [4]

Core Viewpoint - Alight Inc. (NYSE:ALIT) is viewed positively by analysts on Wall Street despite disappointing Q3 financial results, with multiple analysts maintaining "Buy" ratings and setting price targets between $4 and $6 [1][2]. Financial Performance - Alight reported a 4% decline in Q3 2025 revenue, totaling $533 million, primarily due to lower project revenue and the impact of divestment in Payroll and Professional Services [2]. - The loss from continuing operations increased significantly to $1.25 billion, compared to a loss of $53 million in the same quarter the previous year [2]. Management Commentary - CEO Dave Guilmette highlighted the company's progress and long-term outlook, emphasizing improvements in client management and delivery capabilities, as well as investments in AI and automation [3][4]. Dividend and Outlook - The board of directors approved a quarterly dividend of $0.04 per share, payable on December 15, to shareholders of record as of December 1 [5]. - Management reaffirmed its full-year revenue outlook, expecting between $2,252 million and $2,282 million, with adjusted EPS projected between $0.54 and $0.58 [5]. Company Overview - Alight, Inc. is a cloud-based provider of human capital and technology services, assisting large organizations in managing employee benefits and human resources through its Alight Worklife platform [6].

Core Insights - Alight Inc. (NYSE:ALIT) is considered one of the best stocks under $3 to invest in, with a Buy rating maintained by Needham and a price target of $4.50 [1] - Citi has lowered its price target for Alight from $11 to $8.50 while maintaining a Buy rating, citing growth delays but noting a growing backlog and confidence in margin expansion [2] - D.A. Davidson also maintains a Buy rating on Alight with a price target of $7.00, highlighting the company's technology-enabled services and its Alight Worklife platform [3] Company Performance - Alight's backlog continues to grow, indicating potential for future revenue despite current growth delays [2] - The company is focused on margin expansion, which is a positive sign for long-term profitability [2] Analyst Ratings - Needham has a price target of $4.50 for Alight, reflecting a positive outlook [1] - D.A. Davidson sets a higher price target of $7.00, indicating confidence in the company's growth potential [3] - Citi's revised price target of $8.50 suggests a cautious but still optimistic view on the stock [2]

Core Insights - F5 Networks reported quarterly earnings of $4.39 per share, exceeding the Zacks Consensus Estimate of $3.96 per share, and showing an increase from $3.67 per share a year ago, resulting in an earnings surprise of +10.86% [1] - The company achieved revenues of $810.09 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 2.22% and up from $746.67 million year-over-year [2] - F5 shares have increased approximately 18.6% year-to-date, outperforming the S&P 500's gain of 15.5% [3] Earnings Outlook - The future performance of F5's stock will largely depend on management's commentary during the earnings call and the company's earnings outlook, which includes current consensus earnings expectations for upcoming quarters [4] - The current consensus EPS estimate for the next quarter is $4.02 on revenues of $789.35 million, and for the current fiscal year, it is $16.00 on revenues of $3.19 billion [7] Industry Context - The Internet - Software industry, to which F5 belongs, is currently ranked in the top 32% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Alight, Inc., another company in the same industry, is expected to report quarterly earnings of $0.13 per share, reflecting a year-over-year increase of +44.4%, with revenues anticipated to be $535.63 million, down 3.5% from the previous year [9][10]

Core Insights - Alight Inc. has launched Sword Health, an AI care platform focused on musculoskeletal and mental health, aimed at providing continuous, clinical-grade care for various health conditions [1][2]. Group 1: Product Offering - Sword Health will provide chronic pain care with targeted interventions for employees suffering from persistent musculoskeletal (MSK) conditions [2]. - The platform includes a segment called Move, which focuses on pain prevention and injury avoidance for high-risk employees, and Bloom, which offers pelvic health care for women at all life stages [2]. Group 2: Financial Impact - The introduction of Sword Health to the Alight Worklife platform is expected to help employees manage their personalized MSK and mental health needs while enabling employers to achieve savings and improved health outcomes [3]. - Sword Health has already generated over $1 billion in savings through reduced healthcare costs [3]. Group 3: Company Overview - Alight Inc. utilizes AI through its Alight LumenAI engine to personalize and automate employee experiences within the Alight Worklife platform, enhancing human capital management by optimizing health, wealth, and career decisions for employees [4].

Core Insights - Alight Inc. (NYSE:ALIT) has garnered significant hedge fund interest and is listed among the 10 Cheapest Penny Stocks to Buy Now [1][4] Company Developments - On September 17, 2025, Alight Inc. announced the addition of Sword Health to its Alight Partner Network, integrating a musculoskeletal and mental health AI care platform into the Alight Worklife ecosystem [2] - The partnership aims to assist employers in reducing costs while providing employees with personalized tools for chronic pain care, prevention, pelvic health, and mental health support [3] Technology and Services - Alight Inc. operates as a technology-enabled services company, offering Alight Worklife, a cloud-based employee engagement platform [4]

Core Viewpoint - Alight Inc. (NYSE:ALIT) is considered a promising tech stock under $10, with a Buy rating maintained by Needham and a price target of $4.50 [1][2]. Group 1: Business Strategy and Focus - Alight is repositioning to concentrate on employee benefits services after divesting its payroll and professional services units [2]. - The company has set a medium-term growth target of 4%-6%, supported by new partnerships, including one with Goldman Sachs, which is expected to enhance growth in the upcoming year [3]. - Revenue for FY 2025 is projected to decline by approximately 2% [3]. Group 2: Performance Metrics - Revenue retention is currently at 93.5%, with a goal to return to a historical high of 98% [4]. - The sales pipeline has improved, with finalist-stage deals increasing by 35% [4]. Group 3: Technological Initiatives - Alight is prioritizing the use of artificial intelligence to enhance personalization and employee services [4].

Core Insights - Alight, Inc. is shifting its strategic focus towards employee benefits services, following the divestment of its payroll and professional services divisions [1][2] - The company reported a recurring revenue base of $2.1 billion and a 35% increase in its finalist-stage sales pipeline [3] - Alight aims for a revenue retention improvement from 93.5% to 98%, with a growth target of 4–6% despite a 2% downward revision in guidance [2][3] Group 1 - Alight participated in Citi's Global Technology, Media and Telecommunications Conference, emphasizing its strategic shift [1] - The company is leveraging AI and strategic partnerships, particularly with firms like Goldman Sachs, to enhance employee experience and internal operations [2] - Alight's Work Life platform currently serves 35 million participants, with plans for expansion involving partnerships with Microsoft and IBM [3] Group 2 - The company is diversifying its revenue streams beyond traditional fees, focusing on AI and strategic partnerships as key performance drivers [3][4] - Alight's services include benefits administration, healthcare navigation, financial wellness, and AI-driven tools, supported by a comprehensive customer care center [4]

Company Performance - ZoomInfo reported quarterly earnings of $0.25 per share, exceeding the Zacks Consensus Estimate of $0.23 per share, and up from $0.17 per share a year ago, representing an earnings surprise of +8.70% [1] - The company posted revenues of $306.7 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 3.37%, compared to year-ago revenues of $291.5 million [2] - Over the last four quarters, ZoomInfo has consistently surpassed consensus EPS and revenue estimates [2] Stock Outlook - The immediate price movement of ZoomInfo's stock will largely depend on management's commentary during the earnings call, as the stock has underperformed the market with a loss of about 2.9% since the beginning of the year [3][4] - The current consensus EPS estimate for the upcoming quarter is $0.25 on revenues of $297.86 million, and for the current fiscal year, it is $0.97 on revenues of $1.2 billion [7] Industry Context - The Internet - Software industry, to which ZoomInfo belongs, is currently ranked in the top 32% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact stock performance [5]