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Konowiecki Sells Big Stake in Alignment | Business and Finance News
Description
Joseph Konowiecki, vice chairman of Alignment Healthcare, cashed in $575K by selling 25K shares — a move consistent with his recent pattern of steadily trimming his stake. Despite still holding over a million shares, the sale comes as the company’s stock has surged 66% in a year, adding nuance to his decision. His recent step down as chairman hints at a possible shift in personal strategy, reminding investors that insider sales aren’t always bearish — but they’re still worth watching.
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