NASDAQ:ALKT Alkami Technology (ALKT) Stock Price, News & Analysis → Biden Nomination CANCELED? (From The Freeport Society) (Ad) Free ALKT Stock Alerts $27.43 -0.33 (-1.19%) (As of 05/31/2024 ET) Add Compare Share Share Today's Range$27.04▼$28.0450-Day Range$23.17▼$28.8752-Week Range$14.08▼$29.28Volume703,757 shsAverage Volume528,301 shsMarket Capitalization$2.67 billionP/E RatioN/ADividend YieldN/APrice Target$26.90 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 Buy2.73 Rating ScoreUpside/Downside1.9% Downside$26.90 Price TargetShort InterestHealthy2.00% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.15Based on 5 Articles This WeekInsider TradingSelling Shares$48.73 M Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.38) to ($0.13) 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.1.50 out of 5 starsComputer And Technology Sector501st out of 600 stocksPrepackaged Software Industry170th out of 202 stocks 1.4 Analyst's Opinion Consensus RatingAlkami Technology has received a consensus rating of Moderate Buy. The company's average rating score is 2.73, and is based on 8 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageAlkami Technology has only been the subject of 3 research reports in the past 90 days.Read more about Alkami Technology's stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted2.00% 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 2.8, 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 4.50%, 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 4.0 News and Social Media Coverage News SentimentAlkami Technology has a news sentiment score of 1.15. 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 higher news sentiment than the 0.66 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Alkami Technology this week, compared to 3 articles on an average week.Search Interest10 people have searched for ALKT on MarketBeat in the last 30 days. MarketBeat Follows8 people have added Alkami Technology to their MarketBeat watchlist in the last 30 days. This is an increase of 300% 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 $48,732,457.00 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 ($0.38) to ($0.13) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Alkami Technology is -45.72, 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 -45.72, 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 8.29. 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 Behind the MarketsDon’t buy a single NVIDIA share before you see this...If you feel like NVIDIA is still a good buy - be careful. Billionaires like Steve Cohen, Stanley Druckenmiller and George Soros are ALL dumping NVIDIA... And piling into an overlooked sector...I've prepared a short briefing with all the proof 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 HeadlinesMay 24, 2024 | insidertrades.comAlkami Technology, Inc. (NASDAQ:ALKT) Insider Sells $356,817.00 in StockMay 24, 2024 | insidertrades.comAlkami Technology, Inc. (NASDAQ:ALKT) CFO W Bryan Hill Sells 100,000 SharesMay 11, 2024 | insidertrades.comAtlantic Genpar (Bermu General Sells 1,542,821 Shares of Alkami Technology, Inc. (NASDAQ:ALKT) StockMay 9, 2024 | insidertrades.comAlkami Technology, Inc. (NASDAQ:ALKT) Insider Douglas A. Linebarger Sells 71,030 SharesMay 25, 2024 | finance.yahoo.comAlkami Technology, Inc. (ALKT)May 24, 2024 | globenewswire.comAlkami to Present at William Blair 44th Annual Growth Stock ConferenceMay 24, 2024 | seekingalpha.comAlkami Technology: Good Growth With EBIT Margin Inflecting UpwardsMay 22, 2024 | prnewswire.comAlkami Releases 2024 Generational Trends in Digital Banking StudyMay 20, 2024 | finance.yahoo.comUS Growth Companies With At Least 10% Insider OwnershipMay 15, 2024 | finance.yahoo.comFinancial Software Firm Alkami Gaining Ground With BanksMay 9, 2024 | prnewswire.comAlkami Awards Industry-Leading Financial Institutions for Innovation in Digital Banking ExcellenceMay 8, 2024 | prnewswire.comAlkami Hosts First External Hackathon; Celebrates Innovation in Digital BankingMay 2, 2024 | markets.businessinsider.comEvaluating Alkami Technology: Insights From 6 Financial AnalystsMay 2, 2024 | finance.yahoo.comAlkami Technology, Inc. (NASDAQ:ALKT) Q1 2024 Earnings Call TranscriptMay 2, 2024 | finance.yahoo.comAlkami Technology Inc (ALKT) Q1 2024 Earnings Call Transcript Highlights: Strong Growth and ...May 2, 2024 | finance.yahoo.comQ1 2024 Alkami Technology Inc Earnings CallMay 1, 2024 | finance.yahoo.comAlkami Technology Inc (ALKT) Q1 2024 Earnings: Surpasses Revenue Estimates Amidst Net Loss ReductionMay 1, 2024 | globenewswire.comAlkami Announces First Quarter 2024 Financial ResultsApril 30, 2024 | markets.businessinsider.comBuy Rating Affirmed for Alkami Technology on Strong Business Momentum and Customer LoyaltyApril 30, 2024 | finance.yahoo.com3 High Insider Ownership Growth Companies With Earnings Expanding By 34%April 24, 2024 | finance.yahoo.comAlkami Releases Digital Banking Performance Metrics Report in Partnership with Cornerstone AdvisorsApril 23, 2024 | investing.comAlkami Technology Inc (ALKT)April 19, 2024 | globenewswire.comAlkami to Announce First Quarter 2024 Financial ResultsApril 18, 2024 | prnewswire.comAlkami Launches SDK Wizard "Merlin," Furthering the Company's TechFin InitiativeApril 15, 2024 | markets.businessinsider.comDemystifying Alkami Technology: Insights From 7 Analyst ReviewsSee 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 Earnings5/01/2024Today6/01/2024Next Earnings (Estimated)8/07/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Prepackaged software Sub-IndustryN/A Current SymbolNASDAQ:ALKT CUSIPN/A CIK1529274 Webwww.alkami.com Phone877-725-5264FaxN/AEmployees917Year FoundedN/APrice Target and Rating Average Stock Price Target$26.90 High Stock Price Target$32.00 Low Stock Price Target$20.00 Potential Upside/Downside-1.9%Consensus RatingModerate Buy Rating Score (0-4)2.73 Research Coverage11 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-20.42% Pretax Margin-20.41% Return on Equity-15.31% Return on Assets-11.29% Debt Debt-to-Equity Ratio0.06 Current Ratio3.92 Quick Ratio3.92 Sales & Book Value Annual Sales$264.83 million Price / Sales10.10 Cash FlowN/A Price / Cash FlowN/A Book Value$3.31 per share Price / Book8.29Miscellaneous Outstanding Shares97,510,000Free Float60,459,000Market Cap$2.67 billion OptionableOptionable Beta0.40 Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.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 CompetitorsZeta GlobalNASDAQ:ZETAQ2NYSE:QTWONCRNYSE:NCRVTEXNYSE:VTEXBlend LabsNYSE:BLNDView All CompetitorsInsiders & InstitutionsW Bryan HillSold 100,000 sharesTotal: $2.88 M ($28.80/share)Stephen BohanonSold 12,450 sharesTotal: $356,817.00 ($28.66/share)Silvercrest Asset Management Group LLCBought 14,316 shares on 5/16/2024Ownership: 0.339%Jacobs Levy Equity Management Inc.Bought 226,654 shares on 5/16/2024Ownership: 0.232%California State Teachers Retirement SystemSold 1,672 shares on 5/16/2024Ownership: 0.044%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 research analysts have issued "buy," "hold," and "sell" ratings for Alkami Technology in the last twelve months. There are currently 3 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street 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 analysts have issued 12-month price targets for Alkami Technology's shares. Their ALKT share price targets range from $20.00 to $32.00. On average, they predict the company's stock price to reach $26.90 in the next year. This suggests that the stock has a possible downside of 1.9%. View analysts price targets for ALKT or view top-rated stocks among Wall Street analysts. How have ALKT shares performed in 2024? Alkami Technology's stock was trading at $24.25 at the beginning of the year. Since then, ALKT stock has increased by 13.1% and is now trading at $27.43. View the best growth stocks for 2024 here. When is Alkami Technology's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024. View our ALKT earnings forecast. How were Alkami Technology's earnings last quarter? Alkami Technology, Inc. (NASDAQ:ALKT) released its quarterly earnings results on Wednesday, May, 1st. The company reported $0.05 EPS for the quarter, beating the consensus estimate of $0.02 by $0.03. The business had revenue of $76.10 million for the quarter, compared to analyst estimates of $75.57 million. Alkami Technology had a negative trailing twelve-month return on equity of 15.31% and a negative net margin of 20.42%. The company's quarterly revenue was up 26.8% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.16) EPS. What ETFs hold Alkami Technology's stock? ETFs with the largest weight of Alkami Technology (NASDAQ:ALKT) stock in their portfolio include Innovator IBD Breakout Opportunities ETF (BOUT), Sovereigns Capital Flourish Fund (SOVF), Invesco Dorsey Wright Technology Momentum ETF (PTF) and SPDR S&P Software & Services ETF (XSW).First Trust Small Cap Growth AlphaDEX Fund (FYC). What guidance has Alkami Technology issued on next quarter's earnings? Alkami Technology updated its second quarter 2024 earnings guidance on Wednesday, May, 1st. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $80.5 million-$82.0 million, compared to the consensus revenue estimate of $80.7 million. 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 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 Vanguard Group Inc. (4.77%), Wasatch Advisors LP (1.55%), Bamco Inc. NY (0.68%), Lord Abbett & CO. LLC (0.62%), Silvercrest Asset Management Group LLC (0.34%) and Jacobs Levy Equity Management Inc. (0.23%). Insiders that own company stock include Alex Shootman, Atlantic Genpar (Bermu General, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:ALKT) was last updated on 6/1/2024 by MarketBeat.com Staff From Our PartnersThe #1 Crypto That You Don’t Own… YetCrypto 101 MediaBiden Nomination CANCELED?The Freeport SocietyClaim Your Complimentary Bitcoin RewardCrypto Swap ProfitsTrump’s Gift Could Unleash $51 Billion in New WealthWealthpin ProDems have chosen Biden replacement?Paradigm PressShocking: One AI startup's revenue could surge 4,735%Manward PressMust-See: Elon’s New Invention is Absolutely InsaneInvestorPlaceNvidia is about to pass AppleWeiss Ratings 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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