Alumis Inc (NASDAQ: ALMS) Stock: A Game-Changer?

In the last trading session, 1.03 million shares of the Alumis Inc (NASDAQ:ALMS) were traded. Most recently the company’s share price was $3.75, and it changed around $0.18 or 5.04% from the last close, which brings the market valuation of the company to $204.03M. ALMS currently trades at a discount to its 52-week high of $13.53, offering almost -260.8% off that amount. The share price’s 52-week low was $3.52, which indicates that the current value has risen by an impressive 6.13% since then. We note from Alumis Inc’s average daily trading volume that its 10-day average is 0.23 million shares, with the 3-month average coming to 188.94K.

Alumis Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.20. If we narrow it down even further, the data shows that 0 out of 5 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 0 recommended ALMS as a Hold, whereas 4 deemed it a Buy, and 0 rated it as Underweight. Alumis Inc is expected to report earnings per share of -1.51 for the current quarter.

Alumis Inc (NASDAQ:ALMS) trade information

Instantly ALMS has showed a green trend with a performance of 5.04% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 4.74 on recent trading dayincreased the stock’s daily price by 20.89%. The company’s shares are currently down -52.29% year-to-date, but still down -17.94% over the last five days. On the other hand, Alumis Inc (NASDAQ:ALMS) is -26.90% down in the 30-day period. We can see from the shorts that 2.94 million shares have been sold at a short interest cover period of 11.13 day(s).

The consensus price target as assigned by Wall Street analysts is $27.5, which translates to bulls needing to increase their stock price by 86.36% from its current value. Analyst projections state that ALMS is forecast to be at a low of $25 and a high of $30.

Forecasts for the next quarter put sales growth at 0.00%.

Alumis Inc earnings are expected to increase by 59.70% in 2025, but the outlook is positive 29.63% per year for the next five years.

ALMS Dividends

Alumis Inc’s next quarterly earnings report is expected to be released on 2025-Mar-18.

Alumis Inc (NASDAQ:ALMS)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 1.21% of Alumis Inc shares, and 85.40% of them are in the hands of institutional investors. The stock currently has a share float of 86.45%. Alumis Inc stock is held by 90.0 institutions, with AYURMAYA CAPITAL MANAGEMENT COMPANY, LP being the largest institutional investor. By 2024-06-30, it held 19.5686% of the shares, which is about 10.65 million shares worth $141.59 million.

FORESITE CAPITAL MANAGEMENT V, LLC, with 10.2657% or 5.58 million shares worth $74.28 million as of 2024-06-30, holds the second largest percentage of outstanding shares.

Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF were the top two Mutual Funds as of Dec 31, 2024 . The former held 516.68 shares worth $1.94 million, making up 1.09% of all outstanding shares. On the other hand, iShares Russell 2000 ETF held roughly 334.83 shares worth around $1.26 million, which represents about 0.71% of the total shares outstanding.