Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Alkami Technology Inc shares valued at $132,527 were sold by Linebarger Douglas A. on Mar 03 ’25. At $30.41 per share, Linebarger Douglas A. sold 4,358 shares. The insider’s holdings dropped to 244,404 shares worth approximately $7.08 million following the completion of this transaction.
Also, HILL W BRYAN sold 17,409 shares, netting a total of over 529,408 in proceeds. Following the sale of shares at $30.41 each, the insider now holds 450,620 shares.
Before that, Shootman Alex had sold 75,000 shares from its account. In a trade valued at $2,230,131, the Chief Executive Officer traded Alkami Technology Inc shares for $29.74 each. Upon closing the transaction, the insider’s holdings decreased to 75,000 shares, worth approximately $30.91 million.
As published in a research note from Goldman on January 23, 2024, Alkami Technology Inc [ALKT] has been rated down from a Buy to a Neutral and the price target has been revised to $27 from $23. Analysts at Stephens downgraded the stock from ‘”an Overweight”‘ to ‘”an Equal-weight”‘ outlook in a report released in early December. As of July 12, 2023, Goldman has initiated its “Buy” rating for ALKT. Earlier on June 27, 2023, Lake Street initiated its rating. Their recommendation was “a Buy” for ALKT stock.
Analyzing ALKT Stock Performance
During the last five days, there has been a drop of approximately -1.80%. Over the course of the year, Alkami Technology Inc shares have dropped approximately -21.02%. Shares of the company reached a 52-week high of $37.92 on 01/06/25 and a 52-week low of $27.44 on 02/28/25. A 50-day SMA is recorded $34.54, while a 200-day SMA reached $33.20.
Support And Resistance Levels for Alkami Technology Inc (ALKT)
According to the 24-hour chart, there is a support level at 28.41, which, if violated, would cause prices to drop to 27.84. In the upper region, resistance lies at 29.33. The next price resistance is at 29.68. RSI (Relative Strength Index) is 31.22 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.63, which suggests the price will decrease in the coming days. Percent R is at 75.73%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
