Alkami Technology Inc’s recently made public that its Officer W. Bryan Hill acquired Company’s shares for reported $7.92 million on Dec 16 ’24. In the deal valued at $39.61 per share,200,000 shares were bought.
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Then, Linebarger Douglas A. sold 50,000 shares, generating $2,002,435 in total proceeds. Upon selling the shares at $40.05, the Chief Legal Officer now owns 191,668 shares.
Before that, DOUGLAS A. LINEBARGER bought 50,000 shares. Alkami Technology Inc shares valued at $2,002,435 were divested by the Officer at a price of $40.05 per share.
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 jump 0.25% to $39.71. Over the last five days, the stock has gained 4.06%. Alkami Technology Inc shares have risen nearly 63.75% since the year began. Nevertheless, the stocks have risen 71.31% over the past one year. While a 52-week high of $42.29 was reached on 11/25/24, a 52-week low of $22.62 was recorded on 01/03/24. SMA at 50 days reached $37.54, while 200 days put it at $30.51.
Levels Of Support And Resistance For ALKT Stock
The 24-hour chart illustrates a support level at 39.18, which if violated will result in even more drops to 38.64. On the upside, there is a resistance level at 40.23. A further resistance level may holdings at 40.74. The Relative Strength Index (RSI) on the 14-day chart is 54.92, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.50, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 42.07%. Stochastics %K at 54.86% 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 2024-11-29, dropping by -0.39 million shares to a total of 0.84 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 1.23 million shares. There was a decline of -46.67%, 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.
