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W. Bryan Hill, the Chief Financial Officer of Alkami Technology , Inc. (NASDAQ:ALKT), recently sold 17,409 shares of the company’s common stock. The transaction, which took place on March 3, 2025, was valued at approximately $529,407, with each share priced at $30.41. The sale comes at a time when Alkami, currently valued at $3.02 billion, has demonstrated strong revenue growth of 26% over the past year. According to InvestingPro analysis, the stock is currently trading near its Fair Value.
This sale was conducted to cover tax withholding obligations related to the vesting and settlement of restricted stock units (RSUs), according to the filing. Following the transaction, Hill retains direct ownership of 450,620 shares in the company. The company maintains a strong liquidity position with a current ratio of 3.98, though InvestingPro data indicates the stock has faced headwinds, declining over the past three months. For deeper insights into ALKT’s valuation and growth prospects, investors can access the comprehensive Pro Research Report, available exclusively on InvestingPro.
In other recent news, Alkami Technology Inc. reported its fourth-quarter 2024 earnings, revealing a significant shortfall in earnings per share (EPS). The company posted an EPS of -0.08, missing the anticipated 0.08. However, revenue for the quarter slightly exceeded expectations, reaching $89.66 million, marking a 26% increase year-over-year. In a strategic move, Alkami announced its acquisition of MANTL, a provider of omnichannel account opening solutions, which is expected to enhance its product offerings and revenue synergies. KeyBanc Capital Markets revised Alkami’s stock price target to $45 from $50, maintaining an Overweight rating, following the company’s revenue report and acquisition news.
The fiscal year 2025 guidance for Alkami indicates organic revenue slightly below analyst expectations, with adjusted EBITDA margins aligning more closely. The inclusion of MANTL is projected to lead to increased scrutiny of the fiscal year 2025 guidance, particularly regarding cross-selling and contract renewals. Despite these challenges, KeyBanc maintains a positive outlook on Alkami’s stock, suggesting potential for bank opportunities and revenue per user expansion post-acquisition. Looking ahead, Alkami has set a revenue guidance range of $440-$445 million for 2025, indicating a 32-33% increase, with the MANTL acquisition expected to contribute $30 million in revenue.
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