Rep. Gilbert Ray Cisneros, Jr. Purchases Shares of Alkami Technology, Inc. (NASDAQ:ALKT)

Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of Alkami Technology, Inc. (NASDAQ:ALKT). In a filing disclosed on December 15th, the Representative disclosed that they had bought between $1,001 and $15,000 in Alkami Technology stock on November 13th.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Spotify Technology (NYSE:SPOT) on 11/26/2025.
• Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 11/26/2025.
• Purchased $1,001 – $15,000 in shares of First Watch Restaurant Group (NASDAQ:FWRG) on 11/26/2025.
• Purchased $1,001 – $15,000 in shares of TKO Group (NYSE:TKO) on 11/26/2025.
• Sold $1,001 – $15,000 in shares of RBC Bearings (NYSE:RBC) on 11/24/2025.
• Sold $1,001 – $15,000 in shares of Stifel Financial (NYSE:SF) on 11/24/2025.
• Purchased $1,001 – $15,000 in shares of Logan Energy (CVE:LGN) on 11/24/2025.
• Sold $1,001 – $15,000 in shares of Primoris Services (NASDAQ:PRIM) on 11/24/2025.
• Purchased $15,001 – $50,000 in shares of LandBridge (NYSE:LB) on 11/21/2025.
• Purchased $50,001 – $100,000 in shares of LandBridge (NYSE:LB) on 11/20/2025.

Alkami Technology Stock Performance

NASDAQ ALKT opened at $22.32 on Thursday. The company has a market cap of $2.34 billion, a P/E ratio of -51.91 and a beta of 0.54. The company has a fifty day simple moving average of $21.63 and a 200 day simple moving average of $24.66. The company has a current ratio of 2.17, a quick ratio of 2.17 and a debt-to-equity ratio of 1.08. Alkami Technology, Inc. has a 12-month low of $18.71 and a 12-month high of $40.39.

Alkami Technology (NASDAQ:ALKT) last released its quarterly earnings data on Thursday, October 30th. The company reported ($0.14) earnings per share for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.29). The business had revenue of $112.95 million during the quarter, compared to the consensus estimate of $113.48 million. Alkami Technology had a negative net margin of 10.63% and a negative return on equity of 5.73%. The firm’s quarterly revenue was up 31.5% on a year-over-year basis. During the same period last year, the business posted ($0.09) earnings per share. Sell-side analysts predict that Alkami Technology, Inc. will post -0.34 earnings per share for the current fiscal year.

Analysts Set New Price Targets

ALKT has been the topic of several recent research reports. The Goldman Sachs Group dropped their price target on shares of Alkami Technology from $29.00 to $26.00 and set a “neutral” rating on the stock in a research report on Friday, October 31st. Needham & Company LLC lowered their price objective on Alkami Technology from $40.00 to $32.00 and set a “buy” rating for the company in a research note on Friday, October 31st. Citizens Jmp dropped their target price on Alkami Technology from $46.00 to $40.00 and set a “market outperform” rating on the stock in a report on Friday, October 31st. Weiss Ratings reiterated a “sell (d-)” rating on shares of Alkami Technology in a report on Wednesday, October 8th. Finally, Barclays lowered their price target on Alkami Technology from $30.00 to $25.00 and set an “equal weight” rating for the company in a research report on Friday, October 31st. Six research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Alkami Technology has a consensus rating of “Moderate Buy” and an average price target of $36.00.

Hedge Funds Weigh In On Alkami Technology

Hedge funds and other institutional investors have recently modified their holdings of the business. Dark Forest Capital Management LP bought a new position in shares of Alkami Technology in the third quarter valued at approximately $2,609,000. Long Path Partners LP raised its stake in Alkami Technology by 138.2% in the 3rd quarter. Long Path Partners LP now owns 2,568,823 shares of the company’s stock valued at $63,810,000 after acquiring an additional 1,490,357 shares during the period. JANA Partners Management LP purchased a new stake in shares of Alkami Technology during the 3rd quarter valued at approximately $47,008,000. Granahan Investment Management LLC purchased a new stake in shares of Alkami Technology during the third quarter worth $6,711,000. Finally, Bamco Inc. NY lifted its holdings in Alkami Technology by 80.0% during the 3rd quarter. Bamco Inc. NY now owns 2,395,032 shares of the company’s stock worth $59,493,000 after purchasing an additional 1,064,548 shares in the last quarter. Hedge funds and other institutional investors own 54.97% of the company’s stock.

Insider Buying and Selling

In other Alkami Technology news, insider Douglas A. Linebarger sold 8,179 shares of the firm’s stock in a transaction on Tuesday, December 2nd. The shares were sold at an average price of $20.34, for a total value of $166,360.86. Following the completion of the transaction, the insider directly owned 221,751 shares of the company’s stock, valued at $4,510,415.34. This trade represents a 3.56% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 18.10% of the stock is currently owned by insiders.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

Alkami Technology Company Profile

Alkami Technology, Inc offers cloud-based digital banking solutions in the United States. The company's Alkami Platform allows financial institutions to onboard and engage new users, accelerate revenues, and enhance operational efficiency, with the support of a proprietary, cloud-based, and multi-tenant architecture.