The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Alkami Technology Inc (ALKT) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.01, or -0.04%, to $22.42. The Alkami Technology Inc has recorded 57,516 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Alkami to Present at Stephens Annual Investment Conference.
Alkami Technology Inc is listed on the NASDAQ as a member of the Technology sector and is a part of the Software – Application industry. At the end of the last regular session, the stock closed at $22.43 and fluctuated between $22.43 as its day high and $21.61 as its day low. The current market capitalization of Alkami Technology Inc is $2.14B. A total of 0.55 million shares were traded on the day, compared to an average of 329.21K shares.
Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, ALKT has seen 0 BUY and 8 SELL insider trades, representing the acquisition of 0 and the disposition of 118,366 shares. Over the last 12 months, there were 34 BUYs and 41 SELLs from insiders. Insiders purchased 11,207,696 shares during that period but sold 20,787,653.
In the most recent transaction, Linebarger Douglas A. sold 60,000 shares of ALKT for 20.97 per share on Nov 06. After the transaction, the Chief Legal Officer now owns 207,242 company shares. In a previous transaction on Nov 06, HILL W BRYAN sold 25,000 shares at 21.05 per share. ALKT shares that Chief Financial Officer owns now total 425,151.
Among the insiders who sold shares, Bohanon Stephen disposed of 21,049 shares on Sep 06 at a per-share price of $17.90. This resulted in the Chief Strategy & Product Offr. holding 678,232 shares of ALKT after the transaction. In another insider transaction, Bohanon Stephen sold 19,460 shares at $18.02 per share on Sep 05. Company shares held by the Chief Strategy & Product Offr. now total 457,436.
Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for ALKT in the last 3 months, the mean price target is $23.00 with high estimates of $25.00 and low estimates of $21.00. In terms of 52-week highs and lows, ALKT has a high of $21.97 and a low of $10.93.
As of this writing, ALKT has an earnings estimate of $0.02 per share for the current quarter. EPS was calculated based on a consensus of 10 estimates, with a high estimate of $0.03 per share and a lower estimate of $0.01. The company reported an EPS of -$0.03 in the last quarter, which was 40.00% higher than expectations of -$0.05.
Balance Sheet Annually/Quarterly
A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. ALKT’s latest balance sheet shows that the firm has $308.58M in Cash & Short Term Investments as of fiscal 2021. There were $24.62M in debt and $33.20M in liabilities at the time. Its Book Value Per Share was $3.37, while its Total Shareholder’s Equity was $344.61M.
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ALKT is Buy with a score of 4.73.