NASDAQ:ALKT Alkami Technology (ALKT) Stock Price, News & Analysis $29.32 -1.80 (-5.78%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$29.19▼$31.1950-Day Range$29.06▼$34.1052-Week Range$16.49▼$36.00Volume560,251 shsAverage Volume447,366 shsMarket Capitalization$2.86 billionP/E RatioN/ADividend YieldN/APrice Target$33.89 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Alkami Technology alerts: Email Address Alkami Technology MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.70 Rating ScoreUpside/Downside15.6% Upside$33.89 Price TargetShort InterestHealthy3.09% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.22Based on 9 Articles This WeekInsider TradingSelling Shares$113.65 M Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.36) to ($0.15) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.84 out of 5 starsComputer And Technology Sector296th out of 594 stocksPrepackaged Software Industry93rd out of 202 stocks 3.4 Analyst's Opinion Consensus RatingAlkami Technology has received a consensus rating of Moderate Buy. The company's average rating score is 2.70, and is based on 7 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageAlkami Technology has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Alkami Technology's stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted3.09% 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 2.7, 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 2.52%, indicating that investor sentiment is improving. 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 1.8 News and Social Media Coverage News SentimentAlkami Technology has a news sentiment score of 0.22. 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 0.49 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Alkami Technology this week, compared to 4 articles on an average week.Search InterestOnly 1 people have searched for ALKT on MarketBeat in the last 30 days. This is a decrease of -89% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Alkami Technology to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% 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 $113,652,573.00 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 Institutions54.97% of the stock of Alkami Technology is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Alkami Technology's insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Alkami Technology are expected to grow in the coming year, from ($0.36) to ($0.15) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Alkami Technology is -48.87, 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 -48.87, 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 8.86. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Alkami Technology's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Golden CrestBiden's Successor: The Radical Threat to YOUR Savings!Kamala Harris isn't just playing politics; she's a serious threat to your financial security. Kamala has a plan to take over your money and leave you with nothing. Higher taxes, government control, and a digital dollar to track every penny you spend. This isn't about convenience; it's about CONTROL.>> Get Your FREE Wealth Protection Guide << 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, super-regional credit unions, and banks. The company 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 HeadlinesSeptember 7 at 8:54 AM | insidertrades.comInsider Selling: Alkami Technology, Inc. (NASDAQ:ALKT) Insider Sells 15,605 Shares of StockSeptember 7 at 8:54 AM | insidertrades.comAlkami Technology, Inc. (NASDAQ:ALKT) CFO W Bryan Hill Sells 17,937 SharesSeptember 7, 2024 | Weiss Ratings (Ad)Who are Nvidia’s New Silent Partners?Nvidia recently became just the third $2 trillion company. But Nvidia can’t do everything by itself.September 4 at 4:02 AM | insidertrades.comInsider Selling: Alkami Technology, Inc. (NASDAQ:ALKT) Insider Sells 35,893 Shares of StockAugust 29, 2024 | insidertrades.comAlkami Technology, Inc. (NASDAQ:ALKT) CFO Sells $2,317,496.74 in StockAugust 15, 2024 | insidertrades.comGeorge B. Kaiser Sells 1,666,666 Shares of Alkami Technology, Inc. (NASDAQ:ALKT) StockAugust 14, 2024 | insidertrades.comBrian R. Smith Sells 83,333 Shares of Alkami Technology, Inc. (NASDAQ:ALKT) StockSeptember 5 at 4:43 AM | americanbankingnews.comStephen Bohanon Sells 35,893 Shares of Alkami Technology, Inc. (NASDAQ:ALKT) StockSeptember 7, 2024 | Deal Maker (Ad)The solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.August 30, 2024 | americanbankingnews.comW Bryan Hill Sells 69,511 Shares of Alkami Technology, Inc. (NASDAQ:ALKT) StockAugust 27, 2024 | prnewswire.comAlkami Recognized on CNBC's 2024 World's Top 250 Fintech Companies ListAugust 21, 2024 | prnewswire.comAlkami Market Study Reveals Differences in AI Outlook between Financial Institutions and ConsumersAugust 16, 2024 | finance.yahoo.comInsider Selling: CEO Alex Shootman Sells 150,000 Shares of Alkami Technology Inc (ALKT)August 16, 2024 | finance.yahoo.comAlkami integrates credential stuffing protection to digital banking platformAugust 14, 2024 | prnewswire.comAlkami Integrates Credential Stuffing Protection Into Its Digital Banking PlatformAugust 12, 2024 | markets.businessinsider.comAnalysts’ Opinions Are Mixed on These Technology Stocks: Varonis Systems (VRNS), Alkami Technology (ALKT) and Garmin (GRMN)August 10, 2024 | markets.businessinsider.comAlkami Announces 5 Mln Secondary Offering Of Common StockAugust 9, 2024 | prnewswire.comAlkami Announces Pricing of Secondary Offering of Common Stock by Selling StockholdersSee 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 Earnings7/31/2024Today9/07/2024Next Earnings (Estimated)11/06/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Prepackaged software Sub-IndustryComputer Software Current SymbolNASDAQ:ALKT CUSIPN/A CIK1529274 Webwww.alkami.com Phone877-725-5264FaxN/AEmployees850Year FoundedN/APrice Target and Rating Average Stock Price Target$33.89 High Stock Price Target$43.00 Low Stock Price Target$24.00 Potential Upside/Downside+15.6%Consensus RatingModerate Buy Rating Score (0-4)2.70 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)($0.60) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-62,910,000.00 Net Margins-17.47% Pretax Margin-17.42% Return on Equity-13.43% Return on Assets-10.34% Debt Debt-to-Equity Ratio0.05 Current Ratio3.75 Quick Ratio3.75 Sales & Book Value Annual Sales$297.36 million Price / Sales9.62 Cash FlowN/A Price / Cash FlowN/A Book Value$3.31 per share Price / Book8.86Miscellaneous Outstanding Shares97,515,000Free Float60,459,000Market Cap$2.86 billion OptionableOptionable Beta0.47 20 High-Yield Dividend Stocks that Could Ruin Your RetirementAlmost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.Get This Free Report Key ExecutivesMr. Alex P. Shootman (Age 59)CEO & Director Comp: $998.3kMr. W. Bryan Hill (Age 57)CFO & Treasurer Comp: $969.27kMr. Stephen Bohanon (Age 48)Chief Strategy & Product Officer Comp: $1.06MKristy RamundiChief Accounting OfficerMr. Deep VarmaChief Technology OfficerSteve CalkHead of Investor RelationsMr. Douglas A. Linebarger (Age 53)Chief Legal Officer & Secretary Comp: $695.47kMs. Allison CerraChief Marketing OfficerMs. Julie Kaye Hoagland (Age 56)Chief Human Resources Officer Carl CrossChief Revenue OfficerMore ExecutivesKey CompetitorsNCRNYSE:NCRQ2NYSE:QTWOVTEXNYSE:VTEXBlend LabsNYSE:BLNDAccoladeNASDAQ:ACCDView All CompetitorsInsiders & InstitutionsW Bryan HillSold 17,937 sharesTotal: $566,629.83 ($31.59/share)Stephen BohanonSold 15,605 sharesTotal: $492,961.95 ($31.59/share)Stephen BohanonSold 35,893 sharesTotal: $1.21 M ($33.60/share)W Bryan HillSold 69,511 sharesTotal: $2.32 M ($33.34/share)Point72 Asset Management L.P.Bought 1,416 shares on 8/19/2024Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions ALKT Stock Analysis - Frequently Asked Questions How have ALKT shares performed this year? Alkami Technology's stock was trading at $24.25 on January 1st, 2024. Since then, ALKT shares have increased by 20.9% and is now trading at $29.32. View the best growth stocks for 2024 here. How were Alkami Technology's earnings last quarter? Alkami Technology, Inc. (NASDAQ:ALKT) released its earnings results on Wednesday, July, 31st. The company reported $0.05 earnings per share for the quarter, topping analysts' consensus estimates of $0.03 by $0.02. The business's revenue was up 24.9% on a year-over-year basis. When did Alkami Technology IPO? Alkami Technology (ALKT) raised $141 million in an IPO on Wednesday, April 14th 2021. The company issued 6,000,000 shares at $22.00-$25.00 per share. Goldman Sachs, J.P.Morgan, Barclays, Citigroup and William Blair acted 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 top institutional investors include Massachusetts Financial Services Co. MA (1.61%), Driehaus Capital Management LLC (1.12%), Dimensional Fund Advisors LP (1.08%) and The Manufacturers Life Insurance Company (0.97%). Insiders that own company stock include Atlantic Genpar (Bermu General, George B Kaiser, Alex Shootman, Brian R Smith, W Bryan Hill, Stephen Bohanon, Michael D Hansen, Douglas A Linebarger, Kristy Ramundi, H Eugene Lockhart and Gary Lynn Nelson. 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:ALKT) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. 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