In a filing, Alkami Technology Inc revealed its Director Payne Joseph P. acquired Company’s shares for reported $0.25 million on May 15 ’25. In the deal valued at $30.46 per share,8,200 shares were bought. As a result of this transaction, Payne Joseph P. now holds 21,128 shares worth roughly $0.65 million.
Then, Shootman Alex sold 35,408 shares, generating $859,706 in total proceeds. Upon selling the shares at $24.28, the Chief Executive Officer now owns 1,031,485 shares.
Before that, Linebarger Douglas A. sold 4,358 shares. Alkami Technology Inc shares valued at $132,527 were divested by the Chief Legal Officer at a price of $30.41 per share. As a result of the transaction, Linebarger Douglas A. now holds 244,404 shares, worth roughly $7.55 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 1.31% to $30.89. Over the last five days, the stock has gained 5.03%. Alkami Technology Inc shares have fallen nearly -15.79% since the year began. Nevertheless, the stocks have risen 23.12% over the past one year. While a 52-week high of $42.29 was reached on 01/06/25, a 52-week low of $21.70 was recorded on 04/07/25. SMA at 50 days reached $26.38, while 200 days put it at $32.55.
Levels Of Support And Resistance For ALKT Stock
The 24-hour chart illustrates a support level at 30.42, which if violated will result in even more drops to 29.95. On the upside, there is a resistance level at 31.22. A further resistance level may holdings at 31.55. The Relative Strength Index (RSI) on the 14-day chart is 68.89, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.02, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 12.08%. Stochastics %K at 85.31% indicates the stock is a selling.
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.
