Alkami Technology Inc (NASDAQ:ALKT), a leading provider of cloud-based digital banking solutions for financial institutions, recently disclosed insider selling activity in their latest SEC filings. The company’s Chief Financial Officer (CFO), W Hill, sold 49,911 shares of Alkami Technology Inc on March 7, 2024, at a price of $23.55 per share, totaling $1,175,173.05 in transaction value. This sale marks a significant adjustment to the insider’s direct ownership in the company.
Over the past year, W Hill has been actively selling Alkami Technology Inc shares, with a total of 129,911 shares sold and no purchases made. This latest transaction is part of a trend that has seen 10 insider sells and no insider buys at the company over the past year.
As of the date of the insider sell, Alkami Technology Inc has a market capitalization of $2.298 billion. The stock’s price-to-GF-Value ratio of 1.09 indicates that it is Fairly Valued compared to GuruFocus’ intrinsic value estimate.
The GF Value is calculated based on historical trading multiples and future performance estimates from Morningstar analysts. Investors may use this information, along with insider selling activity, to inform their investment decisions. It is important to note that insider transactions do not necessarily predict future stock performance and may be influenced by personal financial considerations.
This article, generated by GuruFocus, provides general insights and analysis rooted in historical data and impartial methodology. It is not tailored financial advice and does not recommend buying or selling specific stocks. Investors should conduct their own research and consider individual financial circumstances when making investment decisions.
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