JFrog stock rises as Cantor Fitzgerald maintains Overweight rating after strong Q2
General Atlantic, a group of investment funds and entities, reported purchasing shares of Alkami Technology, Inc. NASDAQ:ALKT, between August 11 and August 13, 2025. The purchases totaled $29.69 million. The digital banking solutions provider, currently valued at $2.33 billion, has seen its stock surge 8.19% over the past week. According to InvestingPro analysis, the stock is trading close to its Fair Value.
The transactions involved the acquisition of Alkami Technology , Inc. (NASDAQ:ALKT) common stock across five separate transactions. On August 11, General Atlantic Partners (Bermuda) T, L.P. purchased 250,000 shares at $20.647 per share, worth $5,161,750. On the same day, they acquired an additional 400,000 shares at $20.7268 per share, for a total value of $8,290,720. The buying continued on August 12, with 516,771 shares purchased at $21.4575 each, totaling $11,088,613. On August 13, two more purchases were made: 100,000 shares at $22.3098 per share ($2,230,980), and 129,391 shares at $22.5388 per share ($2,916,317). Analysts maintain a bullish outlook on ALKT, with revenue expected to grow 33% this year. Get deeper insights and access to comprehensive analysis with InvestingPro’s detailed research reports.
Following these transactions, the total shares owned by the reporting entities is 12,033,436.
In other recent news, Alkami Technology Inc. reported its second-quarter 2025 earnings, revealing a significant shortfall in earnings per share (EPS) expectations. The company posted an EPS of -$0.13, which was notably below the expected $0.08, resulting in a 262.5% negative surprise. However, Alkami did exceed revenue forecasts, reporting $112.1 million against the anticipated $110.02 million. Additionally, a top 20 U.S. credit union has chosen Alkami as its digital banking partner for both retail and business banking services. This engagement includes nearly the entire suite of Alkami’s Data & Marketing Solution, marking one of the company’s most comprehensive product adoptions. These developments highlight Alkami’s recent activities and financial performance.
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