In the latest trading session, 0.57 million Alpha Teknova Inc (NASDAQ:TKNO) shares changed hands as the company’s beta touched 0.64. With the company’s most recent per share price at $5.17 changing hands around $0.66 or 14.53% at last look, the market valuation stands at $276.02M. TKNO’s current price is a discount, trading about -100.58% off its 52-week high of $10.37. The share price had its 52-week low at $1.15, which suggests the last value was 77.76% up since then. When we look at Alpha Teknova Inc’s average trading volume, we note the 10-day average is 0.62 million shares, with the 3-month average coming to 396.17K.
Alpha Teknova Inc (NASDAQ:TKNO) trade information
Instantly TKNO is in green as seen in intraday trades today. With action -0.47%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -38.14%, with the 5-day performance at -0.47% in the red. However, in the 30-day time frame, Alpha Teknova Inc (NASDAQ:TKNO) is -6.42% down. Looking at the short shares, we see there were 2.34 million shares sold at short interest cover period of 4.54 days.
Alpha Teknova Inc (TKNO) estimates and forecasts
Year-over-year growth is forecast to reach 7.35% up from the last financial year.
Consensus estimates given by 4 financial analysts project the company’s revenue in the current quarter to hit an average of 9.36M. 4 analysts are of the opinion that Alpha Teknova Inc’s revenue for the current quarter will be 10.29M. The company’s revenue for the corresponding quarters a year ago was 9.29M and 9.61M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 0.73%. The estimates for the next quarter sales put growth at 7.01%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -59.63%. The 2025 estimates are for Alpha Teknova Inc earnings to increase by 29.39%.
Alpha Teknova Inc (NASDAQ:TKNO)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 9.21% of Alpha Teknova Inc shares while 82.67% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 91.06%. There are 82.67% institutions holding the Alpha Teknova Inc stock share, with MILLENNIUM MANAGEMENT LLC the top institutional holder. As of 2024-06-30, the company held 4.5195% of the shares, roughly 1.85 million TKNO shares worth $2.53 million.
BALYASNY ASSET MANAGEMENT L.P. holds the second largest percentage of outstanding shares, with 2.5595% or 1.05 million shares worth $1.43 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund. With 303.05 shares estimated at $1.51 million under it, the former controlled 0.57% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund held about 0.42% of the shares, roughly 225.59 shares worth around $1.12 million.
