We wouldn't blame Alkami Technology, Inc. (NASDAQ:ALKT) shareholders if they were a little worried about the fact that W. Hill, the CFO & Treasurer recently netted about US$504k selling shares at an average price of US$24.76. However, it's crucial to note that they remain very much invested in the stock and that sale only reduced their holding by 9.4%.

Alkami Technology Insider Transactions Over The Last Year

The insider, George Kaiser, made the biggest insider sale in the last 12 months. That single transaction was for US$94m worth of shares at a price of US$37.50 each. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. The silver lining is that this sell-down took place above the latest price (US$25.56). So it is hard to draw any strong conclusion from it.

In total, Alkami Technology insiders sold more than they bought over the last year. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

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Insider Ownership

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. We usually like to see fairly high levels of insider ownership. Alkami Technology insiders own 6.1% of the company, currently worth about US$162m based on the recent share price. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

So What Do The Alkami Technology Insider Transactions Indicate?

Insiders haven't bought Alkami Technology stock in the last three months, but there was some selling. And our longer term analysis of insider transactions didn't bring confidence, either. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Alkami Technology.

Of course Alkami Technology may not be the best stock to buy. So you may wish to see this free collection of high quality companies.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.