The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Alkami Technology Inc shares valued at $4,386,000 were purchased by ALEX SHOOTMAN on May 28 ’25. At $29.24 per share, ALEX SHOOTMAN acquired 150,000 shares.
Also, Payne Joseph P. purchased 8,200 shares, netting a total of over 249,760 in proceeds. Following the buying of shares at $30.46 each, the insider now holds 21,128 shares.
Before that, Shootman Alex had sold 35,408 shares from its account. In a trade valued at $859,706, the Chief Executive Officer traded Alkami Technology Inc shares for $24.28 each. Upon closing the transaction, the insider’s holdings decreased to 35,408 shares, worth approximately $29.8 million.
As published in a research note from Stephens on March 13, 2025, Alkami Technology Inc [ALKT] has been rated up from an Equal-weight to an Overweight and the price target has been revised to $40. Analysts at Goldman downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in late January. As of December 07, 2023, Stephens has decreased its “an Overweight” rating to a “an Equal-weight” for ALKT. Earlier on July 12, 2023, Goldman 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 -6.05%. Over the course of the year, Alkami Technology Inc shares have dropped approximately -21.24%. Shares of the company reached a 52-week high of $37.92 on 01/06/25 and a 52-week low of $21.70 on 04/07/25.
Support And Resistance Levels for Alkami Technology Inc (ALKT)
According to the 24-hour chart, there is a support level at 28.65, which, if violated, would cause prices to drop to 28.40. In the upper region, resistance lies at 29.27. The next price resistance is at 29.64. RSI (Relative Strength Index) is 51.90 on the 14-day chart, showing neutral technical sentiment.
