Linebarger Douglas A.

CLO Douglas Linebarger sold 50,000 ALKT shares for $2.0M on 12/12/2024, reducing stake by -20.7%

Chief Legal Officer Douglas Linebarger sold 50,000 shares (191.7K shares remaining) at $40.05 for a total value of $2,002,435.00, representing a -20.7% reduction in his pre-transaction holdings. This is his third sale of ALKT stock in the past three weeks, following sales on 2024-11-21 and 2024-11-20. At the time of sale, the stock was trading -6.2% from its 52-week high of $42.22, and has since declined to $39.61 (current price). Looking at his prior ALKT transaction outcomes, his August 2024 sales resulted in the stock rising +20.1% and +15.6% over 90 days—poorly-timed exits that missed substantial gains. The company remains unprofitable (net income $-9.4M) despite strong annual revenue growth of +29.6%, operating in a growth-stage profile. The pattern of three consecutive ALKT sales within three weeks warrants monitoring to understand the underlying motivation.

CLO Douglas Linebarger sells 55,415 ALKT shares across 3 transactions for $2,128,538.35; stock at 52-week high.

Douglas Linebarger, Chief Legal Officer, executed 3 separate sales totaling 55,415 shares for $2,128,538.35 at a blended average price of $38.41 on November 20–21, 2024, reducing his holdings by 18.2%. The sales occurred as ALKT trades at $40.69, its 52-week high, following a +6.6% 30-day gain and +20.7% 90-day surge. At Linebarger's ticker-specific level, 5 prior sales at ALKT produced 0 well-timed outcomes at the 90-day mark—meaning the stock consistently rose after each prior sale. This pattern, combined with the current sale occurring at the high end of the year's range during strong recent momentum, may be noteworthy from a timing perspective. However, his cross-ticker track record (10 prior sells averaging +1.2% 30d return and +15.3% 90d return, with a 0.00% well-timed rate) reflects a consistent pattern of selling into strength, not weakness.

ALKT CLO Douglas Linebarger sells 72,777 shares for $2,291,054.94 across 2 separate transactions at blended $31.48

Douglas Linebarger, ALKT's Chief Legal Officer, executed 2 separate sales totaling 72,777 shares for $2,291,054.94 on consecutive days (August 20–21, 2024), reducing his holdings by 22.2%. His prior 5 open-market sells at ALKT had 0 of 5 well-timed outcomes at the 90-day mark (stock rose 11.3%–20.3% after each sale). The blended transaction price of $31.48 sits near the current price of $31.88 and approximately 6.5% below the 52-week high of $34.10. ALKT remains unprofitable (net income: $-12.3M) despite strong top-line growth of +29.6%, which creates structural uncertainty around near-term margin trajectory. The sale size and prior pattern of poorly-timed exits at this ticker warrant monitoring for shifts in insider conviction relative to fundamental risk.