Alkami Technology Inc’s recently made public that its Chief Strategy & Product Offr. Bohanon Stephen unloaded Company’s shares for reported $0.12 million on Mar 19 ’24. In the deal valued at $23.57 per share,5,023 shares were sold. As a result of this transaction, Bohanon Stephen now holds 429,800 shares worth roughly $11.75 million.
Then, Bohanon Stephen sold 29,052 shares, generating $668,831 in total proceeds. Upon selling the shares at $23.02, the Chief Strategy & Product Offr. now owns 434,823 shares.
Before that, Linebarger Douglas A. sold 4,362 shares. Alkami Technology Inc shares valued at $102,527 were divested by the Chief Legal Officer at a price of $23.50 per share. As a result of the transaction, Linebarger Douglas A. now holds 262,749 shares, worth roughly $7.18 million.
Goldman downgraded its Alkami Technology Inc [ALKT] rating to a Neutral from a a Buy in a research note published on January 23, 2024; the price target was increased to $27 from $23. A number of analysts have revised their coverage, including Stephens’s analysts, who decreased its forecast for the stock in early December from “an Overweight” to “an Equal-weight”. Goldman began covering ALKT with “Buy” recommendation on July 12, 2023. Lake Street started covering the stock on June 27, 2023. It rated ALKT as “a Buy”.
Price Performance Review of ALKT
On Friday, Alkami Technology Inc [NASDAQ:ALKT] saw its stock jump 2.40% to $27.33. Over the last five days, the stock has gained 11.46%. Alkami Technology Inc shares have risen nearly 12.70% since the year began. Nevertheless, the stocks have risen 141.43% over the past one year. While a 52-week high of $27.87 was reached on 05/02/24, a 52-week low of $10.93 was recorded on 01/03/24. SMA at 50 days reached $24.17, while 200 days put it at $21.38. A total of 0.62 million shares were traded, compared to the trading of 1.03 million shares in the previous session.
Levels Of Support And Resistance For ALKT Stock
The 24-hour chart illustrates a support level at 26.70, which if violated will result in even more drops to 26.08. On the upside, there is a resistance level at 27.86. A further resistance level may holdings at 28.40. The Relative Strength Index (RSI) on the 14-day chart is 72.65, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.60, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 11.84%. Stochastics %K at 76.61% indicates the stock is a holding.
The most recent change occurred on June 08, 2023 when Craig Hallum began covering the stock and recommended ‘”a Buy”‘ rating along with a $25 price target.
