Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
After finishing at $33.37 in the prior trading day, Alkami Technology Inc (NASDAQ: ALKT) closed at $31.96, down -4.23%. In other words, the price has decreased by -$4.23 from its previous closing price. On the day, 0.72 million shares were traded.
Ratios:
Our goal is to gain a better understanding of ALKT by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 31.80 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 583.98. For the most recent quarter (mrq), Quick Ratio is recorded 3.27 and its Current Ratio is at 3.27. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.05.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Goldman on January 23, 2024, Downgraded its rating to Neutral and sets its target price to $27 from $23 previously.
On December 07, 2023, Stephens Downgraded its rating to Equal-Weight which previously was Overweight and also upped its target price recommendation from $22 to $24.
On July 12, 2023, Goldman started tracking the stock assigning a Buy rating and target price of $21.Goldman initiated its Buy rating on July 12, 2023, with a $21 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 15 ’25 when Stephen Carl Bohanon bought 40,000 shares for $34.74 per share.
HILL W BRYAN sold 100,000 shares of ALKT for $3,343,230 on Jan 13 ’25. The Chief Financial Officer now owns 353,841 shares after completing the transaction at $33.43 per share. On Dec 16 ’24, another insider, HILL W BRYAN, who serves as the Chief Financial Officer of the company, sold 100,000 shares for $39.77 each. As a result, the insider received 3,976,850 and left with 353,841 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 10.18 while its Price-to-Book (P/B) ratio in mrq is 9.49.
Stock Price History:
Over the past 52 weeks, ALKT has reached a high of $42.29, while it has fallen to a 52-week low of $22.65. The 50-Day Moving Average of the stock is -12.17%, while the 200-Day Moving Average is calculated to be -3.23%.
Shares Statistics:
A total of 100.50M shares are outstanding, with a floating share count of 64.13M. Insiders hold about 36.19% of the company’s shares, while institutions hold 73.27% stake in the company.
