SoundThinking, Inc. (NASDAQ:SSTI - Free Report) - Research analysts at Cantor Fitzgerald issued their FY2026 EPS estimates for SoundThinking in a report released on Monday, June 9th. Cantor Fitzgerald analyst J. Ruykhaver expects that the company will post earnings of ($0.02) per share for the year. Cantor Fitzgerald has a "Overweight" rating and a $20.00 price objective on the stock. The consensus estimate for SoundThinking's current full-year earnings is ($0.42) per share.
SoundThinking (NASDAQ:SSTI - Get Free Report) last announced its quarterly earnings data on Tuesday, May 13th. The company reported ($0.12) EPS for the quarter, missing the consensus estimate of ($0.06) by ($0.06). The company had revenue of $28.35 million during the quarter, compared to the consensus estimate of $26.91 million. SoundThinking had a negative return on equity of 8.74% and a negative net margin of 1.39%.
Several other research firms have also issued reports on SSTI. Lake Street Capital boosted their price target on shares of SoundThinking from $18.00 to $20.00 and gave the company a "buy" rating in a research report on Wednesday, May 14th. Craig Hallum raised shares of SoundThinking from a "hold" rating to a "buy" rating in a research report on Tuesday, February 18th. Finally, Roth Mkm reissued a "buy" rating and issued a $30.00 price target on shares of SoundThinking in a research report on Wednesday, May 14th. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat, SoundThinking currently has a consensus rating of "Buy" and an average target price of $21.00.
Read Our Latest Research Report on SoundThinking
SoundThinking Trading Down 0.7%
Shares of NASDAQ SSTI traded down $0.11 during midday trading on Tuesday, hitting $16.63. The company's stock had a trading volume of 29,704 shares, compared to its average volume of 61,092. The stock has a fifty day moving average price of $15.64 and a 200 day moving average price of $14.74. SoundThinking has a one year low of $9.33 and a one year high of $19.43. The firm has a market capitalization of $210.75 million, a price-to-earnings ratio of -138.57 and a beta of 1.28.
Institutional Trading of SoundThinking
A number of hedge funds and other institutional investors have recently bought and sold shares of SSTI. MetLife Investment Management LLC bought a new position in shares of SoundThinking in the 1st quarter worth $98,000. Strs Ohio bought a new position in shares of SoundThinking in the 1st quarter worth $127,000. GAMMA Investing LLC increased its holdings in shares of SoundThinking by 6,553.7% in the 1st quarter. GAMMA Investing LLC now owns 13,374 shares of the company's stock worth $227,000 after buying an additional 13,173 shares during the last quarter. Rhumbline Advisers increased its holdings in shares of SoundThinking by 10.1% in the 1st quarter. Rhumbline Advisers now owns 14,980 shares of the company's stock worth $254,000 after buying an additional 1,373 shares during the last quarter. Finally, Caption Management LLC bought a new position in shares of SoundThinking in the 1st quarter worth $264,000. Institutional investors own 60.74% of the company's stock.
Insider Buying and Selling
In related news, insider Nasim Golzadeh sold 1,809 shares of the company's stock in a transaction that occurred on Monday, June 2nd. The shares were sold at an average price of $15.46, for a total transaction of $27,967.14. Following the sale, the insider now owns 94,134 shares of the company's stock, valued at approximately $1,455,311.64. This represents a 1.89% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In the last 90 days, insiders have sold 3,474 shares of company stock valued at $53,205. Company insiders own 9.20% of the company's stock.
About SoundThinking
(
Get Free Report)
SoundThinking, Inc, a public safety technology company that provides transformative solutions and strategic advisory services for law enforcement and civic leadership. Its SafetySmart Platform, an integrated suite of data-driven tools that enable law enforcement and community violence prevention and health organizations to be efficient in public safety outcomes.
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