In last trading session, Alkami Technology Inc (NASDAQ:ALKT) saw 0.8 million shares changing hands with its beta currently measuring 0.62. Company’s recent per share price level of $30.89 trading at $0.4 or 1.31% at ring of the bell on the day assigns it a market valuation of $3.18B. That closing price of ALKT’s stock is at a discount of -36.91% from its 52-week high price of $42.29 and is indicating a premium of 29.75% from its 52-week low price of $21.70. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.17 million shares which gives us an average trading volume of 1.47 million if we extend that period to 3-months.
For Alkami Technology Inc (ALKT), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.36. Splitting up the data highlights that, out of 11 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 3 suggested the stock as a Hold whereas 8 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Alkami Technology Inc (NASDAQ:ALKT) trade information
Upright in the green during last session for gaining 1.31%, in the last five days ALKT remained trading in the green while hitting it’s week-highest on Wednesday, 05/14/25 when the stock touched $30.89 price level, adding 2.43% to its value on the day. Alkami Technology Inc’s shares saw a change of -15.79% in year-to-date performance and have moved 5.03% in past 5-day. Alkami Technology Inc (NASDAQ:ALKT) showed a performance of 24.01% in past 30-days. Number of shares sold short was 5.43 million shares which calculate 3.95 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 35 to the stock, which implies a rise of 11.74% to its current value. Analysts have been projecting 35 as a low price target for the stock while placing it at a high target of 35. It follows that stock’s current price would drop -13.31% in reaching the projected high whereas dropping to the targeted low would mean a loss of -13.31% for stock’s current value.
Alkami Technology Inc (ALKT) estimates and forecasts
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 4.24% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 109.00% while estimates for its earnings growth in next 5 years are of 77.76%.
Alkami Technology Inc (NASDAQ:ALKT)’s Major holders
Insiders are in possession of 25.12% of company’s total shares while institution are holding 77.68 percent of that, with stock having share float percentage of 103.75%. Investors also watch the number of corporate investors in a company very closely, which is 77.68% institutions for Alkami Technology Inc that are currently holding shares of the company. GENERAL ATLANTIC, L.P. is the top institutional holder at ALKT for having 17.19 million shares of worth $489.49 million. And as of 2024-06-30, it was holding 17.5192 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 5.4 million shares on 2024-06-30. The number of shares represents firm’s hold over 5.4995 of outstanding shares, having a total worth of $153.66 million.
On the other hand, SMALLCAP WORLD FUND INC and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Mar 31, 2025 , the former fund manager was holding 3.82 shares of worth $117.86 million or 3.70% of the total outstanding shares. The later fund manager was in possession of 1.76 shares on Dec 31, 2024 , making its stake of worth around $54.35 million in the company or a holder of 1.71% of company’s stock.
