The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
The price of Alkami Technology Inc (NASDAQ: ALKT) closed at $28.00 in the last session, up 1.93% from day before closing price of $27.47. In other words, the price has increased by $1.93 from its previous closing price. On the day, 1.47 million shares were traded.
Ratios:
We take a closer look at ALKT’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 30.27 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 304.60. For the most recent quarter (mrq), Quick Ratio is recorded 2.54 and its Current Ratio is at 2.54. In the meantime, Its Debt-to-Equity ratio is 1.24 whereas as Long-Term Debt/Eq ratio is at 1.23.
On January 23, 2024, Goldman Downgraded its rating to Neutral which previously was Buy and also upped its target price recommendation from $23 to $27.
Stephens Downgraded its Overweight to Equal-Weight on December 07, 2023, whereas the target price for the stock was revised from $22 to $24.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 10 ’25 when Shootman Alex sold 35,408 shares for $24.28 per share. The transaction valued at 859,706 led to the insider holds 1,031,485 shares of the business.
Linebarger Douglas A. sold 4,358 shares of ALKT for $132,527 on Mar 03 ’25. The Chief Legal Officer now owns 244,404 shares after completing the transaction at $30.41 per share. On Mar 03 ’25, another insider, HILL W BRYAN, who serves as the Chief Financial Officer of the company, sold 17,409 shares for $30.41 each. As a result, the insider received 529,408 and left with 450,620 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 8.11 while its Price-to-Book (P/B) ratio in mrq is 8.64.
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 $21.70. The 50-Day Moving Average of the stock is 6.78%, while the 200-Day Moving Average is calculated to be -14.23%.
Shares Statistics:
A total of 103.02M shares are outstanding, with a floating share count of 65.61M. Insiders hold about 36.31% of the company’s shares, while institutions hold 63.10% stake in the company.
