Alkami Technology Inc’s recent filing unveils that its Chief Executive Officer Shootman Alex unloaded Company’s shares for reported $0.86 million on Mar 10 ’25. In the deal valued at $24.28 per share,35,408 shares were sold. As a result of this transaction, Shootman Alex now holds 1,031,485 shares worth roughly $27.39 million.
Then, Linebarger Douglas A. sold 4,358 shares, generating $132,527 in total proceeds. Upon selling the shares at $30.41, the Chief Legal Officer now owns 244,404 shares.
Before that, HILL W BRYAN sold 17,409 shares. Alkami Technology Inc shares valued at $529,408 were divested by the Chief Financial Officer at a price of $30.41 per share. As a result of the transaction, HILL W BRYAN now holds 450,620 shares, worth roughly $11.96 million.
Stephens upgraded its Alkami Technology Inc [ALKT] rating to an Overweight from a an Equal-weight in a research note published recently. A number of analysts have revised their coverage, including Goldman’s analysts, who decreased its forecast for the stock in late January from “a Buy” to “a Neutral”. Stephens also remained covering ALKT and has decreased its forecast on December 07, 2023 with a “an Equal-weight” recommendation from previously “an Overweight” rating. Goldman started covering the stock on July 12, 2023. It rated ALKT as “a Buy”.
Price Performance Review of ALKT
On Friday, Alkami Technology Inc [NASDAQ:ALKT] saw its stock jump 1.07% to $26.55. Over the last five days, the stock has gained 5.11%. Alkami Technology Inc shares have fallen nearly -27.62% since the year began. Nevertheless, the stocks have risen 11.70% 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 03/11/25. SMA at 50 days reached $31.63, while 200 days put it at $33.07.
Levels Of Support And Resistance For ALKT Stock
The 24-hour chart illustrates a support level at 26.06, which if violated will result in even more drops to 25.56. On the upside, there is a resistance level at 26.99. A further resistance level may holdings at 27.42. The Relative Strength Index (RSI) on the 14-day chart is 38.93, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.20, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 44.91%. Stochastics %K at 44.40% 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 2025-02-28, growing by 62035.0 shares to a total of 1.51 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 1.45 million shares. There was a rise of 4.11%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on June 27, 2023 when Lake Street began covering the stock and recommended ‘”a Buy”‘ rating along with a $21 price target.
