Transaction overview
A consortium of investment entities led by General Atlantic Genpar (Bermuda), L.P., together with Gap (Bermuda) L.P. and Gap Coinvestments CDA, L.P., reported three separate purchases of Alkami Technology, Inc. (NASDAQ: ALKT) common stock, totaling $50.56 million. The buying occurred over three consecutive days in March 2026 as Alkami's shares have recently posted a 12.6% return over the prior week, according to InvestingPro data.
Deal-by-deal breakdown
- On March 9, 2026 the group acquired 842,266 shares at an average price of $17.35, for an aggregate value of $14.61 million. Reported prices in that tranche ranged from $17.17 to $17.47.
- On March 10, 2026 the group purchased 1,103,749 shares at $17.56 per share, representing $19.38 million. The price range for that transaction was $17.50 to $17.80.
- On March 11, 2026 the group completed its purchases with 900,000 shares at $18.41 each, totaling $16.57 million. Prices in this final trade ranged from $18.28 to $18.58.
Following these three transactions, the group now holds 14,879,451 shares of Alkami Technology common stock.
Context from recent company results
Alkami reported fourth-quarter 2025 results that combined a revenue slight beat with an earnings per share shortfall. The company posted EPS of -$0.11, missing the forecast of $0.14. Revenue for the quarter was $120.8 million, a modest 0.54% beat relative to expectations.
For the first quarter of 2026 Alkami provided revenue guidance in a range of $124.7 million to $125.7 million, which implies 28% year-over-year growth at the midpoint. That midpoint, however, sits below the consensus estimate of $127 million.
In response to the guidance miss, Goldman Sachs, Needham and Citizens each lowered their price targets on Alkami, citing the company's guidance that fell short of expectations. Despite those adjustments, the firms' ratings diverged - Goldman Sachs retained a Neutral rating, Needham continued to carry a Buy rating, and Citizens maintained a Market Outperform rating.
Operational and product updates
Alkami recorded 16 new digital banking clients in the fourth quarter of 2025, up from 10 in the prior quarter. On the product front, the company launched an "Automated Stage Match" feature within its Software Development Kit Wizard. The new tool is intended to reduce environment setup time for developers and to support earlier testing against production-like data.
Analyst outlook and investor signals
InvestingPro analysis referenced in the filings indicates that analysts expect Alkami to be profitable this year. That projection is one of several insights available through InvestingPro's tools. The recent $50.56 million of purchases by the group increases their stake in the company while public-facing metrics show mixed operational signals - a revenue beat offset by an EPS miss and near-term guidance under consensus.
Note on limitations
Information in this report reflects the transactions and company disclosures as stated in the filings and the company's public quarterly results. Where details are limited to the items above, this article does not infer additional motives or outcomes beyond the reported facts.