Irenic Capital Management sold 1,047,583 shares of Surgery Partners (SGRY) in Q4 2025, reducing its stake to just 0.09% of assets. The stock has declined 39.7% over the past year, underperforming the S&P 500 by 51.61 percentage points. While the company's operations remain solid with 6.6% revenue growth, concerns center on high leverage with net debt to EBITDA at 4.2x-4.6x in a higher rate environment.

Irenic Capital Management LP significantly reduced its Papa John's International position by approximately 70%, selling 748,592 shares in Q4 and retaining only 325,108 shares valued at $12.5 million. The stake now represents just 0.8% of the fund's AUM, dropping out of its top five holdings. Papa John's stock has underperformed the market, declining 30.7% over the past year while the S&P 500 gained 16.4%, amid struggling North American same-store sales.

Alkami Technology reported strong Q2 2025 financial results, with GAAP revenue of $112.1 million, a 36.4% year-over-year increase. The company exceeded analyst estimates, demonstrated growth in registered users, and continued integrating the MANTL acquisition.

Alkami Technology reported strong Q4 earnings, beating estimates, and announced a $400 million acquisition of MANTL to boost its digital banking platform. The company also provided positive guidance for FY25.

Here is how Alpha and Omega Semiconductor (AOSL) and Alkami Technology (ALKT) have performed compared to their sector so far this year.

PLANO, Texas, May 24, 2024 (GLOBE NEWSWIRE) -- Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today announced that company executive leadership will present at the William Blair 44th Annual Growth Stock Conference on Tuesday, June 4, 2024. Alex Shootman, chief executive officer and Bryan Hill, chief financial officer, will be presenting. A webcast and replay of the event will be accessible at investors.alkami.com following the conference.

Here is how Ouster, Inc. (OUST) and Alkami Technology (ALKT) have performed compared to their sector so far this year.

Across the recent three months, 6 analysts have shared their insights on Alkami Technology (NASDAQ:ALKT), expressing a variety of opinions spanning from bullish to bearish. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 3 1 0 0 Last 30D 1 0 0 0 0 1M Ago 0 1 0 0 0 2M Ago 0 0 0 0 0 3M Ago 1 2 1 0 0 In the assessment of 12-month price targets, analysts unveil insights for Alkami Technology, presenting an average target of $30.0, a high estimate of $32.00, and a low estimate of $27.00. Marking an increase of 11.11%, the current average surpasses the previous average price target of $27.00. Investigating Analyst Ratings: An Elaborate Study The analysis of recent analyst actions sheds light on the perception of Alkami Technology by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets. Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target Mayank Tandon Needham Raises Buy $32.00 $30.00 Patrick Walravens JMP Securities Maintains Market Outperform $30.00 - Patrick Walravens JMP Securities Raises Market Outperform $30.00 $25.00 Alexei Gogolev JP Morgan Raises Overweight $31.00 $27.00 Saket Kalia Barclays Raises Equal-Weight $27.00 $26.00 Mayank Tandon Needham Maintains Buy $30.00 - Key Insights: Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' ...Full story available on Benzinga.com

PLANO, Texas, April 19, 2024 (GLOBE NEWSWIRE) -- Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today announced that it plans to report financial results for its first quarter ended March 31, 2024 on Wednesday, May 1, 2024, after the market close.

Q2 Holdings (QTWO) teams up with the Los Angeles Police Federal Credit Union to provide digital banking services for law enforcement members.

In the preceding three months, 7 analysts have released ratings for Alkami Technology (NASDAQ:ALKT), presenting a wide array of perspectives from bullish to bearish. The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 3 3 0 0 Last 30D 0 1 0 0 0 1M Ago 0 0 0 0 0 2M Ago 1 2 1 0 0 3M Ago 0 0 2 0 0 Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $28.86, a high estimate of $31.00, and a low estimate of $27.00. Surpassing the previous average price target of $24.80, the current average has increased by 16.37%. Exploring Analyst Ratings: An In-Depth Overview A comprehensive examination of how financial experts perceive Alkami Technology is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets. Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target Patrick Walravens JMP Securities Maintains Market Outperform $30.00 - Patrick Walravens JMP Securities Raises Market Outperform $30.00 $25.00 Alexei Gogolev JP Morgan Raises Overweight $31.00 $27.00 Saket Kalia Barclays Raises Equal-Weight $27.00 $26.00 Mayank Tandon Needham Maintains Buy $30.00 - Adam Hotchkiss Goldman Sachs Raises Neutral $27.00 $23.00 Adam Hotchkiss Goldman Sachs Raises Neutral $27.00 $23.00 Key Insights: Action Taken: In response to dynamic market conditions and company performance, analysts update ...Full story available on Benzinga.com

Q2 Holdings (QTWO) secures a contract from Blaze Credit Union to support the latter with digital banking technology and ensure a unique and personalized digital banking experience.