Sovereign s Capital Management LLC Increases Stake in Alkami Technology, Inc. $ALKT

Posted by Geri Gentry on Jun 17th, 2026

Sovereign s Capital Management LLC grew its stake in shares of Alkami Technology, Inc. (NASDAQ:ALKT – Free Report) by 27.1% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 233,263 shares of the company’s stock after acquiring an additional 49,678 shares during the period. Alkami Technology comprises 3.3% of Sovereign s Capital Management LLC’s portfolio, making the stock its 6th biggest holding. Sovereign s Capital Management LLC’s holdings in Alkami Technology were worth $5,381,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Landscape Capital Management L.L.C. increased its position in shares of Alkami Technology by 53.4% during the fourth quarter. Landscape Capital Management L.L.C. now owns 14,948 shares of the company’s stock valued at $345,000 after buying an additional 5,205 shares during the period. Barclays PLC increased its position in shares of Alkami Technology by 6.4% during the fourth quarter. Barclays PLC now owns 107,487 shares of the company’s stock valued at $2,480,000 after buying an additional 6,462 shares during the period. Kestra Advisory Services LLC bought a new stake in shares of Alkami Technology during the fourth quarter valued at about $48,000. Marshall Wace LLP bought a new stake in shares of Alkami Technology during the fourth quarter valued at about $3,981,000. Finally, The Manufacturers Life Insurance Company increased its position in shares of Alkami Technology by 13.8% during the fourth quarter. The Manufacturers Life Insurance Company now owns 1,894,274 shares of the company’s stock valued at $43,701,000 after buying an additional 229,891 shares during the period. 54.97% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

ALKT has been the subject of several recent analyst reports. JPMorgan Chase & Co. cut their price objective on Alkami Technology from $38.00 to $22.00 and set an “overweight” rating for the company in a report on Wednesday, February 18th. Citizens Jmp cut their price objective on Alkami Technology from $28.00 to $23.00 and set a “market outperform” rating for the company in a report on Thursday, April 30th. Needham & Company LLC cut their price objective on Alkami Technology from $32.00 to $22.00 and set a “buy” rating for the company in a report on Thursday, February 26th. Weiss Ratings reissued a “sell (e+)” rating on shares of Alkami Technology in a report on Friday, June 5th. Finally, Barclays cut their price objective on Alkami Technology from $25.00 to $21.00 and set an “equal weight” rating for the company in a report on Thursday, February 26th. Three analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Alkami Technology currently has an average rating of “Hold” and an average target price of $22.80.

Get Our Latest Research Report on ALKT

Alkami Technology Stock Up 1.6%

Shares of NASDAQ ALKT opened at $15.55 on Wednesday. Alkami Technology, Inc. has a 12 month low of $14.11 and a 12 month high of $31.08. The company has a current ratio of 2.30, a quick ratio of 2.30 and a debt-to-equity ratio of 0.96. The firm has a market capitalization of $1.66 billion, a price-to-earnings ratio of -33.09 and a beta of 0.58. The business has a 50-day moving average of $16.63 and a 200-day moving average of $18.43.

Alkami Technology (NASDAQ:ALKT – Get Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The company reported ($0.09) EPS for the quarter, missing the consensus estimate of $0.21 by ($0.30). Alkami Technology had a negative return on equity of 8.91% and a negative net margin of 10.55%.The business had revenue of $126.14 million for the quarter, compared to analysts’ expectations of $125.22 million. During the same period in the previous year, the firm posted $0.08 EPS. The firm’s revenue for the quarter was up 28.9% compared to the same quarter last year. Sell-side analysts expect that Alkami Technology, Inc. will post 0.18 earnings per share for the current fiscal year.

Insider Transactions at Alkami Technology

In other news, Director Atlantic Genpar (Bermu General bought 675,000 shares of the business’s stock in a transaction on Thursday, May 14th. The stock was acquired at an average price of $16.49 per share, with a total value of $11,130,750.00. Following the completion of the purchase, the director directly owned 19,420,994 shares in the company, valued at $320,252,191.06. This represents a 3.60% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders purchased a total of 4,041,543 shares of company stock valued at $67,594,674 over the last ninety days. 17.10% of the stock is owned by corporate insiders.

About Alkami Technology

(Free Report)

Alkami Technology, Inc is a provider of cloud-based digital banking and engagement solutions tailored for banks and credit unions. The company’s platform offers a comprehensive suite of online and mobile banking features, including bill payment, peer-to-peer transfers, card management, streamlined account opening and real-time alerts, all designed to enhance the end-user experience and drive customer loyalty.

Built on a multi-tenant, software-as-a-service (SaaS) architecture hosted in the cloud, Alkami’s platform leverages modern APIs and a partner ecosystem to integrate third-party fintech applications and services.