Alkami Technology (ALKT) News Today

JMP Securities boosted their price target on Alkami Technology from $30.00 to $35.00 and gave the stock a "market outperform" rating in a research report on Monday.

Alkami Technology (NASDAQ:ALKT) Reaches New 12-Month High at $33.45

Alkami Technology, Inc. (NASDAQ:ALKT - Get Free Report) was the target of a significant increase in short interest in June. As of June 30th, there was short interest totalling 1,290,000 shares, an increase of 13.2% from the June 15th total of 1,140,000 shares. Approximately 2.4% of the company's stock are short sold. Based on an average daily volume of 470,300 shares, the short-interest ratio is presently 2.7 days.

Lisanti Capital Growth LLC bought a new position in shares of Alkami Technology, Inc. (NASDAQ:ALKT - Free Report) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 134,955 shares of the company's stock, valued at approxi

Alkami Technology (NASDAQ:ALKT) Sets New 52-Week High Following Analyst Upgrade

Barclays lifted their price objective on Alkami Technology from $28.00 to $31.00 and gave the stock an "equal weight" rating in a report on Thursday.

Vanguard Group Inc. lifted its position in shares of Alkami Technology, Inc. (NASDAQ:ALKT - Free Report) by 6.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,562,170 shares of the company's stock after p

Wasatch Advisors LP acquired a new position in shares of Alkami Technology, Inc. (NASDAQ:ALKT - Free Report) in the first quarter, according to its most recent disclosure with the SEC. The firm acquired 1,513,160 shares of the company's stock, valued at approximately $37,178,000. Wasatch Advisors L

Hodges Capital Management Inc. cut its holdings in shares of Alkami Technology, Inc. (NASDAQ:ALKT - Free Report) by 26.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 170,551 shares of the company's stock after sell

Alkami Technology, Inc. (NASDAQ:ALKT - Get Free Report) was the target of a large increase in short interest during the month of June. As of June 15th, there was short interest totalling 1,140,000 shares, an increase of 37.8% from the May 31st total of 827,500 shares. Currently, 2.1% of the company's stock are short sold. Based on an average trading volume of 419,900 shares, the short-interest ratio is currently 2.7 days.

Alkami Technology, Inc. (NASDAQ:ALKT - Get Free Report) CFO W Bryan Hill sold 100,000 shares of the stock in a transaction on Monday, June 17th. The stock was sold at an average price of $25.72, for a total value of $2,572,000.00. Following the sale, the chief financial officer now directly owns 489,340 shares in the company, valued at $12,585,824.80. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Scalar Gauge Management LLC purchased a new position in Alkami Technology, Inc. (NASDAQ:ALKT - Free Report) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 853,369 shares of the company's stock, valued at approximately $

Azora Capital LP trimmed its holdings in shares of Alkami Technology, Inc. (NASDAQ:ALKT - Free Report) by 35.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,054,830 shares of the company's stock after selling 586,461 shares du

Capital International Investors grew its stake in shares of Alkami Technology, Inc. (NASDAQ:ALKT - Free Report) by 15.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,679,907 shares

Alkami Technology, Inc. (NASDAQ:ALKT - Get Free Report) has received a consensus recommendation of "Moderate Buy" from the eleven ratings firms that are presently covering the stock, MarketBeat.com reports. Three investment analysts have rated the stock with a hold recommendation and eight have giv

Alkami Technology (NASDAQ:ALKT) Trading Down 3.2%

Trexquant Investment LP purchased a new stake in Alkami Technology, Inc. (NASDAQ:ALKT - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 45,129 shares of the company's stock, valued at approxi

Alkami Technology (NASDAQ:ALKT) Trading 3.5% Higher

Franklin Resources Inc. lowered its stake in shares of Alkami Technology, Inc. (NASDAQ:ALKT - Free Report) by 19.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,367,912 shares of the company's stock after selling 33

Alkami Technology (NASDAQ:ALKT) Hits New 52-Week High at $28.78

Massachusetts Financial Services Co. MA trimmed its position in Alkami Technology, Inc. (NASDAQ:ALKT - Free Report) by 29.9% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,574,343 shares of the company's stock after selling 670,440 s

Alkami Technology (NASDAQ:ALKT) Trading 5.4% Higher

Jump Financial LLC lifted its stake in shares of Alkami Technology, Inc. (NASDAQ:ALKT - Free Report) by 138.3% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 55,767 shares of the company's stock after purchasing an additional 32,367 shares during t

M&T Bank Corp decreased its position in shares of Alkami Technology, Inc. (NASDAQ:ALKT - Free Report) by 46.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 53,801 shares of the company's stock after selling 47,184 shares

Alkami Technology, Inc. (NASDAQ:ALKT - Get Free Report) Director Atlantic Genpar (Bermu General sold 1,542,821 shares of the firm's stock in a transaction dated Tuesday, May 7th. The shares were sold at an average price of $26.53, for a total value of $40,931,041.13. Following the sale, the director now owns 17,186,985 shares in the company, valued at $455,970,712.05. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Arlington Capital Management Inc. purchased a new position in shares of Alkami Technology, Inc. (NASDAQ:ALKT - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 52,835 shares of the comp

Alkami Technology (NASDAQ:ALKT) Sets New 52-Week High at $28.25

Alkami Technology (NASDAQ:ALKT - Get Free Report) posted its earnings results on Wednesday. The company reported $0.05 earnings per share for the quarter, beating analysts' consensus estimates of $0.02 by $0.03. Alkami Technology had a negative return on equity of 15.31% and a negative net margin of 20.42%. The business had revenue of $76.10 million during the quarter, compared to analyst estimates of $75.57 million. During the same quarter in the previous year, the firm earned ($0.16) EPS. The company's quarterly revenue was up 26.8% compared to the same quarter last year.