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EdgarHawk

Bohanon Stephen

Chief Strategy & Product Offr.

Officer
5 filings analyzed · 1 company · Latest 2024-12-09

Companies

Company Buys Sells Direction
ALKAMI TECHNOLOGY, INC. ALKT 0 11 Net selling

Activity

December 2024
medium
Sell
21,068 shares
$825,742
Significance 5/10

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.

medium
Sell
15,491 shares
$594,390
Significance 4/10

CSO Stephen Bohanon sold 15,491 ALKT shares at $38.37 on 2024-12-03 for $594,389.67.

Stephen Bohanon, Chief Strategy & Product Officer, executed a modest open-market sale of 15,491 shares representing a 4.1% reduction in his post-transaction holdings of 358,204 shares. The sale occurred at $38.37 on 2024-12-03, below the current price of $39.65 and near the mid-point of the 52-week range of $22.31–$42.22. At the same-ticker level, Bohanon has sold five times in recent months; his only measured 90-day outcome (from the 2024-08-29 sale) showed a +17.0% return, indicating that particular sale was poorly timed as the stock subsequently rose. The company remains unprofitable (net income of $-9.4M on $85.9M quarterly revenue) despite 29.6% annual revenue growth, creating a growth-stage valuation dynamic where insider selling activity warrants baseline scrutiny but does not on its own signal a material shift in insider positioning.

November 2024
medium
Sell
64,605 shares
$2,632,772
Significance 5/10

ALKT Chief Strategy Officer sells 64,605 shares at $40.75 for $2.6M, retaining 373,695 shares; stock now $39.69, down 6.0% from 52-week high.

Stephen Bohanon, Chief Strategy & Product Officer, executed 2 separate sales totaling 64,605 shares for $2,632,771.63 at a blended average price of $40.75 on 2024-11-22, reducing his holdings by 14.7%. The transaction occurred near the stock's 52-week high of $42.22, with the current price at $39.69 now 6.0% below that peak. His prior ALKT sales show mixed timing outcomes: a June 2024 sale was well-timed (90d return +17.5%), but September and August 2024 sales on similar price points show negative 30-day returns ranging from -7.2% to -7.5%, suggesting inconsistent execution discipline at this ticker. The company remains unprofitable ($-9.4M net income on $85.9M quarterly revenue) despite 29.6% annual revenue growth, creating divergent signals between operational momentum and bottom-line performance that may factor into executive liquidity decisions.

September 2024
medium
Sell
18,392 shares
$548,061
Significance 5/10

Chief Strategy & Product Officer sells 18,392 shares at $29.80 avg; stock down 15.3% from 52-week high ($34.10)

Stephen Bohanon, Chief Strategy & Product Officer, executed 2 separate sales totaling 18,392 shares for $548,061.05 on 2024-09-06 at a blended average price of $29.80. The current price is $28.87, down 15.3% from the 52-week high of $34.10 and down 7.3% over the past 30 days, indicating a challenged recent price environment. At ALKT specifically, his prior 3 measurable sales (2024-06-06 and 2024-05-21) produced positive 90-day returns (+17.5%, +17.1%, +10.2%), meaning the stock rose after he sold—none of those sales proved well-timed (0 of 3). Across all his open-market selling activity (17 prior sells across all tickers), his cross-ticker track record shows 0% well-timed sales at the 90-day mark, despite a positive average 90-day return of +14.8%, indicating consistent underperformance in timing execution. The company reported Q-latest revenue of $82,160,000.00 with a net loss of $-12,317,000.00 and remains unprofitable on a full-year basis, despite annual revenue growth of +29.6%, creating a backdrop of operational challenges offsetting top-line expansion.

medium
Sell
35,893 shares
$1,205,831
Significance 5/10

ALKT CFO Stephen Bohanon sold 35,893 shares ($1.2M) at $33.60 avg; stock now $31.71, down 7.0% from high.

Stephen Bohanon, Chief Strategy & Product Officer, sold 35,893 shares in 2 separate transactions totaling $1,205,830.66 at a blended average price of $33.60. The current price of $31.71 sits 7.0% below the 52-week high ($34.10), where these transactions were executed near the peak. At ALKT specifically, Bohanon's prior 5 trades show 0 of 3 measurable sells were well-timed (generating positive 90-day returns when he should have generated losses to signal foresight of decline). Fundamentals show the company generated $82,160,000 in quarterly revenue (+29.6% annual growth) but posted a net loss of $12,317,000, indicating Bohanon is divesting from an unprofitable growth-stage business even as topline acceleration continues. His post-transaction holding of 403,786 shares represents an 8.2% reduction, leaving him with material exposure.

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