Alkami Technology Inc’s filing revealed that its Officer DOUGLAS A. LINEBARGER acquired Company’s shares for reported $19076.0 on Nov 08 ’24. In the deal valued at $38.00 per share,502 shares were bought.
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Then, GENERAL ATLANTIC GENPAR (BERMU sold 2,500,000 shares, generating $93,750,000 in total proceeds. Upon selling the shares at $37.50, the Director now owns 13,055,049 shares.
Before that, GENERAL ATLANTIC, L.P. sold 2,500,000 shares. Alkami Technology Inc shares valued at $93,750,000 were divested by the Director at a price of $37.50 per share. As a result of the transaction, GENERAL ATLANTIC, L.P. now holds 13,055,049 shares, worth roughly $491.39 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 Monday, Alkami Technology Inc [NASDAQ:ALKT] saw its stock fall -0.61% to $37.64. Over the last five days, the stock has gained 3.04%. Alkami Technology Inc shares have risen nearly 55.22% since the year began. Nevertheless, the stocks have risen 83.43% over the past one year. While a 52-week high of $41.36 was reached on 10/31/24, a 52-week low of $20.38 was recorded on 01/03/24. SMA at 50 days reached $33.73, while 200 days put it at $28.91.
Levels Of Support And Resistance For ALKT Stock
The 24-hour chart illustrates a support level at 37.40, which if violated will result in even more drops to 37.17. On the upside, there is a resistance level at 38.01. A further resistance level may holdings at 38.39. The Relative Strength Index (RSI) on the 14-day chart is 56.25, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.19, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 50.96%. Stochastics %K at 50.64% indicates the stock is a holding.
How much short interest is there in Alkami Technology Inc?
A steep rise in short interest was recorded in Alkami Technology Inc stocks on 2024-10-15, dropping by 5149.0 shares to a total of 1.02 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 1.03 million shares. There was a decline of -0.5%, which implies that there is a negative sentiment for the stock.
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.
