Alkami Technology Stock Price, News & Analysis (NASDAQ:ALKT) $22.44 +0.13 (+0.58%) (As of 12/7/2023 ET) Add Compare Share Share Today's Range$21.19▼$22.4650-Day Range$16.69▼$24.0052-Week Range$10.93▼$24.34Volume444,704 shsAverage Volume308,533 shsMarket Capitalization$2.14 billionP/E RatioN/ADividend YieldN/APrice Target$21.90 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media Alkami Technology MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.82 Rating ScoreUpside/Downside2.4% Downside$21.90 Price TargetShort InterestHealthy1.75% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.21Based on 11 Articles This WeekInsider TradingSelling Shares$4.77 M Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.58) to ($0.40) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.13 out of 5 starsComputer And Technology Sector302nd out of 591 stocksSoftware - Application Industry20th out of 40 stocks 2.4 Analyst's Opinion Consensus RatingAlkami Technology has received a consensus rating of Moderate Buy. The company's average rating score is 2.82, and is based on 9 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $21.90, Alkami Technology has a forecasted downside of 2.4% from its current price of $22.44.Amount of Analyst CoverageAlkami Technology has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.75% of the float of Alkami Technology has been sold short.Short Interest Ratio / Days to CoverAlkami Technology has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Alkami Technology has recently decreased by 25.51%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldAlkami Technology does not currently pay a dividend.Dividend GrowthAlkami Technology does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ALKT. Previous Next 2.3 News and Social Media Coverage News SentimentAlkami Technology has a news sentiment score of 0.21. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.52 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 11 news articles for Alkami Technology this week, compared to 2 articles on an average week.Search InterestOnly 5 people have searched for ALKT on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows16 people have added Alkami Technology to their MarketBeat watchlist in the last 30 days. This is an increase of 433% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Alkami Technology insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $4,766,869.00 in company stock.Percentage Held by Insiders38.00% of the stock of Alkami Technology is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions52.74% of the stock of Alkami Technology is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Alkami Technology are expected to grow in the coming year, from ($0.58) to ($0.40) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Alkami Technology is -38.69, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Alkami Technology is -38.69, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioAlkami Technology has a P/B Ratio of 6.15. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Alkami Technology Stock (NASDAQ:ALKT)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. It serves community, regional, and super-regional credit unions and banks. Alkami Technology, Inc. was founded in 2009 and is headquartered in Plano, Texas.Read More ALKT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ALKT Stock News HeadlinesDecember 8, 2023 | americanbankingnews.comAlkami Technology (NASDAQ:ALKT) Trading Down 3.5% Following Insider SellingDecember 7, 2023 | finance.yahoo.comInsider Sell Alert: Chief Legal Officer Douglas Linebarger Sells 100,000 Shares of Alkami ...December 8, 2023 | DTI Trader (Ad)All the trading advice you’ve ever received boils down to thisAll the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.December 7, 2023 | americanbankingnews.comDouglas A. Linebarger Sells 100,000 Shares of Alkami Technology, Inc. (NASDAQ:ALKT) StockDecember 6, 2023 | finance.yahoo.comQuontic Bank Launches Alkami's Digital Banking SolutionDecember 1, 2023 | americanbankingnews.comAlkami Technology, Inc. (NASDAQ:ALKT) Sees Significant Drop in Short InterestNovember 30, 2023 | finance.yahoo.comAlkami Technology, Inc. (NASDAQ:ALKT) most popular amongst private equity firms who own 39% of the shares, institutions hold 36%November 29, 2023 | finance.yahoo.comAlkami to Present at Barclays Global Technology ConferenceDecember 8, 2023 | DTI Trader (Ad)All the trading advice you’ve ever received boils down to thisAll the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.November 27, 2023 | msn.comAlkami Technology (ALKT) Price Target Increased by 10.14% to 23.26November 25, 2023 | finance.yahoo.comInsider Sell: CFO W Hill Sells 25,000 Shares of Alkami Technology Inc (ALKT)November 17, 2023 | forbes.comAlkami TechnologyNovember 13, 2023 | seekingalpha.comAlkami Technology: Fintech That's On The Cusp Of ProfitabilityNovember 9, 2023 | finance.yahoo.comAlkami and Plaid Partner to Provide Financial Institutions with Direct Access to Plaid via the Financial Data Exchange Aligned (FDX) API Core ExchangeNovember 9, 2023 | finance.yahoo.comAlkami to Present at Stephens Annual Investment ConferenceNovember 3, 2023 | markets.businessinsider.comAlkami Technology: An Outstanding Investment Opportunity with Strong Q3 Performance and Promising Future GrowthNovember 3, 2023 | finance.yahoo.comIPO Stock Of The Week: Software Leader Alkami Technology Hits New HighNovember 3, 2023 | finance.yahoo.comAlkami Technology, Inc.'s (NASDAQ:ALKT) Popularity With Investors Is ClearNovember 2, 2023 | finance.yahoo.comAlkami Technology, Inc. (NASDAQ:ALKT) Q3 2023 Earnings Call TranscriptNovember 1, 2023 | finance.yahoo.comAlkami Announces Third Quarter 2023 Financial ResultsNovember 1, 2023 | finance.yahoo.comAlkami Technology Inc (ALKT) Reports 27% Increase in Q3 RevenueOctober 24, 2023 | markets.businessinsider.comAnalysts Offer Insights on Technology Companies: Harmonic (HLIT) and Alkami Technology (ALKT)October 19, 2023 | finance.yahoo.comAlkami to Announce Third Quarter 2023 Financial ResultsOctober 18, 2023 | finance.yahoo.comAlkami Releases the 2024 Strategies and Budgeting Playbook for Financial InstitutionsOctober 18, 2023 | finance.yahoo.comAlkami (ALKT) Surges 5.5%: Is This an Indication of Further Gains?September 21, 2023 | finance.yahoo.comAlkami (ALKT) Soars 5.3%: Is Further Upside Left in the Stock?September 20, 2023 | finance.yahoo.comAlkami Named to IDC FinTech Rankings Top 100See More Headlines Receive ALKT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Alkami Technology and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings11/01/2023Today12/07/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/22/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Software - Application Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:ALKT CUSIPN/A CIK1529274 Webwww.alkami.com Phone877-725-5264FaxN/AEmployees851Year FoundedN/APrice Target and Rating Average Stock Price Target$21.90 High Stock Price Target$25.00 Low Stock Price Target$19.00 Potential Upside/Downside-2.4%Consensus RatingModerate Buy Rating Score (0-4)2.82 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)($0.58) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-58,600,000.00 Net Margins-22.13% Pretax Margin-22.22% Return on Equity-18.55% Return on Assets-12.58% Debt Debt-to-Equity Ratio0.29 Current Ratio4.73 Quick Ratio4.73 Sales & Book Value Annual Sales$249 million Price / Sales8.59 Cash FlowN/A Price / Cash FlowN/A Book Value$3.65 per share Price / Book6.15Miscellaneous Outstanding Shares95,362,000Free Float59,124,000Market Cap$2.14 billion OptionableNot Optionable Beta0.37 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.Get This Free Report Key ExecutivesMr. Alex P. Shootman (Age 58)CEO & Director Comp: $998.3kMr. W. Bryan Hill (Age 56)CFO & Treasurer Comp: $969.27kMr. Stephen Bohanon (Age 47)Chief Strategy & Product Officer Comp: $1.06MKristy RamundiChief Accounting OfficerMr. Deep VarmaChief Technology OfficerSteve CalkHead of Investor RelationsMr. Douglas A. Linebarger (Age 52)Chief Legal Officer & Secretary Comp: $695.47kMs. Allison CerraChief Marketing OfficerMs. Julie Kaye Hoagland (Age 55)Chief Human Resources Officer Carl CrossChief Revenue OfficerMore ExecutivesKey CompetitorsFastlyNYSE:FSLYBlackBerryNYSE:BBAvidXchangeNASDAQ:AVDXProgress SoftwareNASDAQ:PRGSQ2NYSE:QTWOView All CompetitorsInsiders & InstitutionsW Bryan HillSold 30,000 sharesTotal: $697,800.00 ($23.26/share)Douglas A LinebargerSold 100,000 sharesTotal: $2.26 M ($22.64/share)Deutsche Bank AGBought 2,587 shares on 11/24/2023Ownership: 0.021%W Bryan HillSold 900 sharesTotal: $20,619.00 ($22.91/share)Beaird Harris Wealth Management LLCBought 500 shares on 11/16/2023Ownership: 0.002%View All Insider TransactionsView All Institutional Transactions ALKT Stock Analysis - Frequently Asked Questions Should I buy or sell Alkami Technology stock right now? 11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Alkami Technology in the last twelve months. There are currently 2 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ALKT shares. View ALKT analyst ratings or view top-rated stocks. What is Alkami Technology's stock price target for 2024? 11 equities research analysts have issued twelve-month price objectives for Alkami Technology's stock. Their ALKT share price targets range from $19.00 to $25.00. On average, they anticipate the company's stock price to reach $21.90 in the next year. This suggests that the stock has a possible downside of 2.4%. View analysts price targets for ALKT or view top-rated stocks among Wall Street analysts. How have ALKT shares performed in 2023? Alkami Technology's stock was trading at $14.59 on January 1st, 2023. Since then, ALKT stock has increased by 53.8% and is now trading at $22.44. View the best growth stocks for 2023 here. Are investors shorting Alkami Technology? Alkami Technology saw a drop in short interest during the month of November. As of November 15th, there was short interest totaling 856,600 shares, a drop of 25.5% from the October 31st total of 1,150,000 shares. Based on an average daily trading volume, of 338,500 shares, the days-to-cover ratio is currently 2.5 days. Currently, 1.8% of the shares of the stock are short sold. View Alkami Technology's Short Interest. When is Alkami Technology's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, February 22nd 2024. View our ALKT earnings forecast. How were Alkami Technology's earnings last quarter? Alkami Technology, Inc. (NASDAQ:ALKT) released its earnings results on Wednesday, November, 1st. The company reported ($0.14) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.15) by $0.01. The company earned $67.70 million during the quarter, compared to analysts' expectations of $67.47 million. Alkami Technology had a negative net margin of 22.13% and a negative trailing twelve-month return on equity of 18.55%. When did Alkami Technology IPO? (ALKT) raised $141 million in an initial public offering on Wednesday, April 14th 2021. The company issued 6,000,000 shares at a price of $22.00-$25.00 per share. Goldman Sachs, J.P.Morgan, Barclays, Citigroup and William Blair served as the underwriters for the IPO and JMP Securities, KeyBanc Capital Markets and Needham & Co. were co-managers. Who are Alkami Technology's major shareholders? Alkami Technology's stock is owned by a variety of retail and institutional investors. Top institutional investors include Massachusetts Financial Services Co. MA (2.38%), FMR LLC (1.24%), Bamco Inc. NY (0.82%), Northern Trust Corp (0.40%), Charles Schwab Investment Management Inc. (0.32%) and Lord Abbett & CO. LLC (0.32%). Insiders that own company stock include Alex Shootman, Douglas A Linebarger, Gary Lynn Nelson, H Eugene Lockhart, Kristy Ramundi, Michael D Hansen, Michael D Hansen, Stephen Bohanon and W Bryan Hill. View institutional ownership trends. How do I buy shares of Alkami Technology? Shares of ALKT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (NASDAQ:ALKT) was last updated on 12/8/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Alkami Technology, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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