Alkami Technology, Inc. (NASDAQ:ALKT – Get Free Report) insider Stephen Bohanon sold 15,491 shares of the firm’s stock in a transaction that occurred on Tuesday, December 3rd. The stock was sold at an average price of $38.37, for a total transaction of $594,389.67. Following the sale, the insider now directly owns 358,204 shares of the company’s stock, valued at approximately $13,744,287.48. The trade was a 4.15 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.
Stephen Bohanon also recently made the following trade(s):
- On Thursday, September 5th, Stephen Bohanon sold 15,605 shares of Alkami Technology stock. The shares were sold at an average price of $31.59, for a total transaction of $492,961.95.
Alkami Technology Stock Up 3.2 %
Shares of NASDAQ:ALKT traded up $1.23 during midday trading on Wednesday, reaching $39.65. 1,777,913 shares of the company were exchanged, compared to its average volume of 531,658. The company has a quick ratio of 3.52, a current ratio of 3.52 and a debt-to-equity ratio of 0.05. Alkami Technology, Inc. has a fifty-two week low of $21.19 and a fifty-two week high of $42.29. The stock has a fifty day simple moving average of $36.28 and a two-hundred day simple moving average of $32.28. The firm has a market cap of $3.98 billion, a PE ratio of -84.17 and a beta of 0.46.
Institutional Investors Weigh In On Alkami Technology
Wall Street Analyst Weigh In
Several analysts have recently commented on ALKT shares. Barclays increased their price target on shares of Alkami Technology from $35.00 to $41.00 and gave the company an “equal weight” rating in a research note on Thursday, October 31st. Craig Hallum raised their price objective on shares of Alkami Technology from $38.00 to $45.00 and gave the company a “buy” rating in a research note on Thursday, October 31st. The Goldman Sachs Group raised their price objective on shares of Alkami Technology from $34.00 to $39.00 and gave the company a “neutral” rating in a research note on Friday, November 1st. JMP Securities raised their price objective on shares of Alkami Technology from $38.00 to $41.00 and gave the company a “market outperform” rating in a research note on Tuesday, October 29th. Finally, Needham & Company LLC lifted their price target on shares of Alkami Technology from $43.00 to $54.00 and gave the stock a “buy” rating in a research report on Thursday, October 31st. Three analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $37.44.
View Our Latest Research Report on ALKT
About Alkami Technology
Alkami Technology, Inc offers cloud-based digital banking solutions in the United States. The company's Alkami Platform allows financial institutions to onboard and engage new users, accelerate revenues, and enhance operational efficiency, with the support of a proprietary, cloud-based, and multi-tenant architecture.
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