Northland Securities Estimates SoundThinking Q4 Earnings

SoundThinking, Inc. (NASDAQ:SSTI) – Analysts at Northland Securities lowered their Q4 2026 earnings per share estimates for shares of SoundThinking in a note issued to investors on Wednesday, March 4th. Northland Securities analyst M. Latimore now forecasts that the company will post earnings of $0.02 per share for the quarter, down from their prior forecast of $0.04. The consensus estimate for SoundThinking’s current full-year earnings is ($0.42) per share.

SoundThinking (NASDAQ:SSTI) last issued its quarterly earnings data on Tuesday, March 3rd. The company reported ($0.22) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.20) by ($0.02). SoundThinking had a negative return on equity of 12.73% and a negative net margin of 9.05%.The business had revenue of $24.79 million during the quarter, compared to analysts’ expectations of $24.68 million.

Other equities research analysts have also issued reports about the stock. Craig Hallum lowered shares of SoundThinking from a “buy” rating to a “hold” rating and set a $10.00 price objective for the company. in a report on Thursday, November 13th. Roth Mkm reaffirmed a “buy” rating and issued a $20.00 price target (down from $30.00) on shares of SoundThinking in a research note on Thursday, November 13th. Lake Street Capital dropped their target price on shares of SoundThinking from $19.00 to $14.00 and set a “buy” rating for the company in a research report on Thursday, November 13th. Cantor Fitzgerald cut shares of SoundThinking from an “overweight” rating to a “neutral” rating and reduced their price target for the company from $16.00 to $10.00 in a research report on Wednesday, January 7th. Finally, Weiss Ratings restated a “sell (e+)” rating on shares of SoundThinking in a report on Monday, December 29th. Three analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, SoundThinking currently has an average rating of “Hold” and an average price target of $14.00.

SoundThinking Stock Performance

NASDAQ SSTI opened at $7.20 on Friday. SoundThinking has a 52-week low of $5.78 and a 52-week high of $19.43. The company has a fifty day moving average of $7.60 and a 200-day moving average of $9.10. The company has a market capitalization of $91.44 million, a P/E ratio of -9.73 and a beta of 1.16.

Insider Activity

In other SoundThinking news, major shareholder Veradace Partners Lp purchased 15,773 shares of SoundThinking stock in a transaction dated Tuesday, February 24th. The stock was purchased at an average price of $7.14 per share, with a total value of $112,619.22. Following the transaction, the insider directly owned 2,039,905 shares of the company’s stock, valued at $14,564,921.70. This trade represents a 0.78% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In the last ninety days, insiders bought 137,417 shares of company stock worth $979,843. Insiders own 10.40% of the company’s stock.

Institutional Trading of SoundThinking

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Mercer Global Advisors Inc. ADV raised its position in SoundThinking by 42.0% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 28,869 shares of the company’s stock worth $232,000 after acquiring an additional 8,533 shares during the period. Mackenzie Financial Corp increased its stake in shares of SoundThinking by 50.2% in the 4th quarter. Mackenzie Financial Corp now owns 203,411 shares of the company’s stock worth $1,640,000 after purchasing an additional 67,981 shares in the last quarter. XTX Topco Ltd bought a new position in SoundThinking in the 4th quarter worth $120,000. Quadrature Capital Ltd purchased a new position in SoundThinking during the fourth quarter valued at $87,000. Finally, Occudo Quantitative Strategies LP grew its holdings in SoundThinking by 77.7% during the fourth quarter. Occudo Quantitative Strategies LP now owns 19,540 shares of the company’s stock valued at $157,000 after purchasing an additional 8,541 shares during the period. 60.74% of the stock is owned by hedge funds and other institutional investors.

SoundThinking Company Profile

SoundThinking, Inc, a public safety technology company that provides transformative solutions and strategic advisory services for law enforcement and civic leadership. Its SafetySmart Platform, an integrated suite of data-driven tools that enable law enforcement and community violence prevention and health organizations to be efficient in public safety outcomes. It offers ShotSpotter, an acoustic gunshot detection system; CrimeTracer, a law enforcement search engine; CaseBuilder, an investigation management system; and ResourceRouter, a software that directs patrol and community anti-violence resources to help maximize their impact.