Alpha Teknova, Inc. (NASDAQ:TKNO – Get Rating) CEO Stephen Gunstream acquired 18,000 shares of the firm's stock in a transaction on Monday, August 15th. The stock was purchased at an average cost of $5.13 per share, with a total value of $92,340.00. Following the completion of the transaction, the chief executive officer now owns 18,000 shares in the company, valued at $92,340. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website.

Alpha Teknova Stock Performance

Shares of TKNO stock opened at $5.18 on Tuesday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 6.10 and a current ratio of 6.77. Alpha Teknova, Inc. has a one year low of $4.23 and a one year high of $28.64. The company's 50-day simple moving average is $7.42 and its 200-day simple moving average is $11.27. The stock has a market capitalization of $145.12 million, a price-to-earnings ratio of -7.72 and a beta of -1.05.

Alpha Teknova (NASDAQ:TKNO – Get Rating) last issued its quarterly earnings results on Wednesday, August 10th. The company reported ($0.22) EPS for the quarter, topping the consensus estimate of ($0.25) by $0.03. Alpha Teknova had a negative net margin of 43.93% and a negative return on equity of 13.25%. During the same quarter in the previous year, the business earned ($0.52) EPS. Equities analysts anticipate that Alpha Teknova, Inc. will post -0.94 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Hedge Funds Weigh In On Alpha Teknova

Large investors have recently modified their holdings of the stock. Alpha Paradigm Partners LLC acquired a new stake in Alpha Teknova during the fourth quarter worth about $190,000. Parian Global Management LP acquired a new stake in Alpha Teknova during the fourth quarter worth about $780,000. Ranger Investment Management L.P. raised its stake in Alpha Teknova by 18.1% during the fourth quarter. Ranger Investment Management L.P. now owns 264,446 shares of the company's stock worth $5,416,000 after acquiring an additional 40,554 shares during the period. New York State Common Retirement Fund raised its stake in Alpha Teknova by 19.3% during the fourth quarter. New York State Common Retirement Fund now owns 35,019 shares of the company's stock worth $717,000 after acquiring an additional 5,657 shares during the period. Finally, State Board of Administration of Florida Retirement System acquired a new stake in Alpha Teknova during the second quarter worth about $129,000. Institutional investors own 25.51% of the company's stock.

Alpha Teknova Company Profile

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Alpha Teknova, Inc provides critical reagents for life sciences market in the United States and internationally. Its reagents enable the discovery, development, and production of biopharmaceutical products, such as drug therapies, novel vaccines, and molecular diagnostics. The company offers pre-poured media plates for cell growth and cloning; liquid cell culture media and supplements for cellular expansion; and molecular biology reagents for sample manipulation, resuspension, and purification.

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