In a report released today, Jacob Stephan from Lake Street reiterated a Buy rating on Alkami Technology (ALKT – Research Report), with a price target of $30.00. The company’s shares closed yesterday at $24.47.
Stephan covers the Technology sector, focusing on stocks such as Stratasys, 3D Systems, and Alkami Technology. According to TipRanks, Stephan has an average return of 16.4% and a 67.35% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Alkami Technology with a $28.88 average price target.
The company has a one-year high of $26.75 and a one-year low of $10.93. Currently, Alkami Technology has an average volume of 336.5K.
Based on the recent corporate insider activity of 72 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ALKT in relation to earlier this year. Earlier this month, Bryan Hill, the CFO of ALKT sold 50,000.00 shares for a total of $1,187,000.00.
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Alkami Technology (ALKT) Company Description:
Alkami Technology Inc is a cloud-based digital banking platform. It provides financial institutions a complete digital banking solution ready to facilitate both retail and business user onboarding, engagement, and account servicing.
