Allot Ltd (NASDAQ:ALLT)’s traded shares stood at 0.78 million during the last session, with the company’s beta value hitting 1.02. At the close of trading, the stock’s price was $7.53, to imply an increase of 0.27% or $0.02 in intraday trading. The ALLT share’s 52-week high remains $8.15, putting it -8.23% down since that peak but still an impressive 80.08% since price per share fell to its 52-week low of $1.50. The company has a valuation of $289.47M, with an average of 1.45 million shares in intraday trading volume over the past 10 days and average of 609.82K shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Allot Ltd (ALLT), translating to a mean rating of 1.00. Of 1 analyst(s) looking at the stock, 0 analyst(s) give ALLT a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 1 recommend it as a Buy.
Allot Ltd (NASDAQ:ALLT) trade information
After registering a 0.27% upside in the last session, Allot Ltd (ALLT) has traded red over the past five days. The 5-day price performance for the stock is 0.67%, and 50.60% over 30 days. With these gigs, the year-to-date price performance is 26.55%. Short interest in Allot Ltd (NASDAQ:ALLT) saw shorts transact 28334.0 shares and set a 0.41 days time to cover.
Allot Ltd (ALLT) estimates and forecasts
Looking at statistics comparing Allot Ltd share performance against respective industry, we note that the company has outperformed competitors. Allot Ltd (ALLT) shares are 149.34% up over the last 6 months, with its year-to-date growth rate higher than industry average at 99.29% against 15.00%.
ALLT Dividends
Allot Ltd has its next earnings report out in February. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Allot Ltd (NASDAQ:ALLT)’s Major holders
Allot Ltd insiders hold 1.16% of total outstanding shares, with institutional holders owning 56.81% of the shares at 57.47% float percentage. In total, 56.81% institutions holds shares in the company, led by LYNROCK LAKE LP. As of 2024-06-30, the company held over 8.77 million shares (or 22.8281% of shares), all amounting to roughly $20.34 million.
The next major institution holding the largest number of shares is QVT FINANCIAL LP with 2.86 million shares, or about 7.4384% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $6.63 million.
We also have World Funds Tr-Philotimo Focused Growth & Income Fd and DFA Continental Small Company Series as the top two Mutual Funds with the largest holdings of the Allot Ltd (ALLT) shares. Going by data provided on Sep 30, 2024 , World Funds Tr-Philotimo Focused Growth & Income Fd holds roughly 699.82 shares. This is just over 1.82% of the total shares, with a market valuation of $5.27 million. Data from the same date shows that the other fund manager holds a little less at 185.69, or 0.48% of the shares, all valued at about 1.4 million.
