CSO Bohanon sold 21,068 shares (21.1K) at $39.15–$39.50 on 2024-12-05, raising $825,741.54; retains 337,136 shares post-transaction.
Stephen Bohanon, Chief Strategy & Product Officer, executed 2 separate sales totaling 21,068 shares for $825,741.54 at an average price of $39.19, representing a 5.9% reduction in his holdings. The stock currently trades at $38.16, below the transaction prices, and sits 9.6% below its 52-week high of $42.22 despite a strong 90-day gain of +32.2%. Across Bohanon's 5 prior trades at ALKT, his two measurable outcomes (September 2024 sales) show 90-day returns of +28.4% and +33.1%, indicating he did not time those prior sales ahead of subsequent gains. The company remains unprofitable (net income of $-9.4M on revenue of $85.9M in the latest quarter), though it is growing at an annual rate of +29.6%. This sale follows two other Bohanon sales at ALKT on 2024-11-22 and one on 2024-12-03, establishing a pattern of recent, frequent liquidation by this executive.