Alkami Technology Inc’s recently made public that its Chief Legal Officer Linebarger Douglas A. unloaded Company’s shares for reported $0.13 million on Mar 03 ’25. In the deal valued at $30.41 per share,4,358 shares were sold. As a result of this transaction, Linebarger Douglas A. now holds 244,404 shares worth roughly $6.67 million.
Then, HILL W BRYAN sold 17,409 shares, generating $529,408 in total proceeds. Upon selling the shares at $30.41, the Chief Financial Officer now owns 450,620 shares.
Before that, Shootman Alex sold 75,000 shares. Alkami Technology Inc shares valued at $2,230,131 were divested by the Chief Executive Officer at a price of $29.74 per share. As a result of the transaction, Shootman Alex now holds 1,066,893 shares, worth roughly $29.13 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 fall -2.40% to $27.30. Over the last five days, the stock has lost -11.48%. Alkami Technology Inc shares have fallen nearly -25.57% since the year began. Nevertheless, the stocks have risen 16.92% over the past one year. While a 52-week high of $42.29 was reached on 01/06/25, a 52-week low of $22.65 was recorded on 03/07/25. SMA at 50 days reached $34.09, while 200 days put it at $33.21.
Levels Of Support And Resistance For ALKT Stock
The 24-hour chart illustrates a support level at 26.49, which if violated will result in even more drops to 25.68. On the upside, there is a resistance level at 28.13. A further resistance level may holdings at 28.96. The Relative Strength Index (RSI) on the 14-day chart is 26.00, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.93, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 89.08%. Stochastics %K at 14.53% indicates the stock is a buying.
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.
