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Alkami Tech lost $0.11/share, beat revenue estimates, stock at $16.37, mixed analyst ratings, insider sold shares.
Alkami Technology reported a quarterly loss of $0.11 per share, missing estimates by $0.26, though revenue rose 34.7% year-over-year to $120.79 million.
The stock closed at $16.37 on Thursday, with analysts issuing mixed ratings—five Buy, three Hold, one Sell—leading to a consensus Hold rating and an average price target of $30.86.
Multiple firms, including Citizens Jmp, Goldman Sachs, and JPMorgan, have lowered price targets, while Westfield Capital Management increased its stake by 160% in the third quarter.
The company, which provides cloud-based digital banking solutions, has a market cap of $1.72 billion and a negative P/E ratio of -38.07.
An insider sold 8,179 shares at $20.34, reducing holdings by 3.56%.
Alkami Tech perdió $0.11 por acción, superó las estimaciones de ingresos, las acciones a $16.37, calificaciones mixtas de analistas, acciones vendidas por insider.