Advisory Research Inc. Has $3.41 Million Stake in Alkami Technology, Inc. $ALKT

Advisory Research Inc. increased its position in Alkami Technology, Inc. (NASDAQ:ALKTFree Report) by 121.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 137,205 shares of the company’s stock after acquiring an additional 75,165 shares during the quarter. Advisory Research Inc. owned about 0.13% of Alkami Technology worth $3,408,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of ALKT. Alliancebernstein L.P. grew its position in Alkami Technology by 13.4% in the 2nd quarter. Alliancebernstein L.P. now owns 3,249,114 shares of the company’s stock worth $97,928,000 after purchasing an additional 383,691 shares during the last quarter. Westfield Capital Management Co. LP increased its position in shares of Alkami Technology by 160.0% during the third quarter. Westfield Capital Management Co. LP now owns 3,095,058 shares of the company’s stock valued at $76,881,000 after purchasing an additional 1,904,474 shares during the period. Champlain Investment Partners LLC raised its stake in shares of Alkami Technology by 18.6% in the second quarter. Champlain Investment Partners LLC now owns 3,064,695 shares of the company’s stock valued at $92,370,000 after purchasing an additional 481,642 shares in the last quarter. Riverbridge Partners LLC lifted its stake in Alkami Technology by 7.2% during the third quarter. Riverbridge Partners LLC now owns 2,250,685 shares of the company’s stock worth $55,907,000 after purchasing an additional 151,895 shares during the period. Finally, Ameriprise Financial Inc. boosted its stake in Alkami Technology by 3.1% in the 2nd quarter. Ameriprise Financial Inc. now owns 2,012,157 shares of the company’s stock valued at $60,646,000 after buying an additional 60,094 shares in the last quarter. 54.97% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Alkami Technology

In related news, insider Douglas A. Linebarger sold 5,518 shares of Alkami Technology stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $16.90, for a total value of $93,254.20. Following the sale, the insider owned 216,233 shares of the company’s stock, valued at approximately $3,654,337.70. This trade represents a 2.49% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Atlantic L.P. General acquired 900,000 shares of the stock in a transaction dated Wednesday, March 11th. The stock was acquired at an average price of $18.41 per share, for a total transaction of $16,569,000.00. Following the completion of the acquisition, the director directly owned 14,879,451 shares of the company’s stock, valued at $273,930,692.91. The trade was a 6.44% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last 90 days, insiders have bought 2,846,015 shares of company stock valued at $50,564,148 and have sold 13,739 shares valued at $232,189. Company insiders own 18.10% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on ALKT shares. Barclays reduced their price target on shares of Alkami Technology from $25.00 to $21.00 and set an “equal weight” rating on the stock in a research report on Thursday, February 26th. Citizens Jmp decreased their price target on Alkami Technology from $40.00 to $28.00 and set a “market outperform” rating on the stock in a research report on Thursday, February 26th. JPMorgan Chase & Co. dropped their price target on Alkami Technology from $38.00 to $22.00 and set an “overweight” rating for the company in a report on Wednesday, February 18th. Weiss Ratings restated a “sell (d-)” rating on shares of Alkami Technology in a report on Wednesday, January 21st. Finally, Needham & Company LLC lowered their target price on Alkami Technology from $32.00 to $22.00 and set a “buy” rating for the company in a research note on Thursday, February 26th. Four analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $26.67.

Get Our Latest Research Report on Alkami Technology

Alkami Technology News Roundup

Here are the key news stories impacting Alkami Technology this week:

  • Positive Sentiment: Large insider purchases: Director Atlantic L.P. executed multiple buys this week (totaling roughly 2.85M shares across March 9–11), representing about $50M+ of buying and materially increasing its stake — a strong signal of insider conviction. InsiderTrades: Atlantic L.P. Buys
  • Positive Sentiment: Customer win / product expansion: Empower Federal Credit Union expanded its Alkami relationship by selecting MANTL (Alkami partner) for omnichannel onboarding and account opening — incremental revenue opportunity and validation of Alkami’s platform. PR Newswire: Empower FCU Selects MANTL
  • Positive Sentiment: Product update: Alkami upgraded its software development kit (SDK), which could make integrations easier for banks/partners and support future sales / retention. This is a tactical positive for product-led growth. MSN: SDK Upgrade
  • Neutral Sentiment: Short‑interest reporting appears inconsistent/erroneous: filings in mid‑March show “0 shares” and NaN changes — the published days‑to‑cover is 0.0. This looks like data noise rather than a meaningful rise in bearish positioning. (Monitor for corrected filings.)
  • Neutral Sentiment: Valuation discussion: Recent writeups note mixed signals from DCF vs. sales‑based valuation models, suggesting investor views remain divided on fair value given growth outlook and current profitability. Yahoo: Valuation Analysis
  • Negative Sentiment: Analyst trims and pressure: Several brokers have cut price targets recently (examples include JPMorgan, Needham, Barclays), lowering upside expectations and contributing to downward pressure on sentiment. MarketBeat: Analyst Notes & Targets

Alkami Technology Stock Down 2.7%

Alkami Technology stock opened at $18.07 on Friday. The firm has a market capitalization of $1.92 billion, a price-to-earnings ratio of -39.28 and a beta of 0.57. The company’s 50 day simple moving average is $18.87 and its 200 day simple moving average is $21.58. The company has a debt-to-equity ratio of 1.01, a current ratio of 2.09 and a quick ratio of 2.09. Alkami Technology, Inc. has a fifty-two week low of $14.11 and a fifty-two week high of $31.66.

Alkami Technology Profile

(Free Report)

Alkami Technology, Inc is a provider of cloud-based digital banking and engagement solutions tailored for banks and credit unions. The company’s platform offers a comprehensive suite of online and mobile banking features, including bill payment, peer-to-peer transfers, card management, streamlined account opening and real-time alerts, all designed to enhance the end-user experience and drive customer loyalty.

Built on a multi-tenant, software-as-a-service (SaaS) architecture hosted in the cloud, Alkami’s platform leverages modern APIs and a partner ecosystem to integrate third-party fintech applications and services.

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Institutional Ownership by Quarter for Alkami Technology (NASDAQ:ALKT)

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