Chicago Capital Slashes Its Alkami Technology Position by 1.6 Million Shares

1 hour ago 3

Cory Renauer, The Motley Fool

Sat, April 25, 2026 astatine 9:59 AM CDT 4 min read

According to a Securities and Exchange Commission (SEC) filing dated April 23, 2026, Chicago Capital, LLC reduced its holdings successful Alkami Technology (NASDAQ:ALKT) by 1,627,747 shares during the archetypal quarter. The estimated transaction value, based connected the mean closing terms for the quarter, was $29.98 million. The fund’s remaining presumption successful Alkami was 73,785 shares arsenic of March 31, 2026. The nett presumption alteration for the 4th was a $38.10 cardinal decrease.

Chicago Capital, LLC’s Alkami involvement fell to 0.03% of its $3.71 cardinal reportable U.S. equity assets, pursuing the sale
Top holdings aft the filing:
- NASDAQ:GOOGL: $212.79 cardinal (5.7% of AUM)
- NASDAQ:META: $162.41 cardinal (4.4% of AUM)
- NASDAQ:AMZN: $153.49 cardinal (4.1% of AUM)
- NASDAQ:NVDA: $136.76 cardinal (3.7% of AUM)
- NYSE:TSM: $132.37 cardinal (3.6% of AUM)
As of April 23, 2026, Alkami shares were priced astatine $15.94, down 39.2% implicit the anterior year, underperforming the S&P 500 by 71.44 percent points
The presumption was antecedently 1.0% of the fund's AUM arsenic of the anterior quarter
Fund reported 355 full U.S. equity positions aft the filing

Metric

Value

Price (as of marketplace adjacent April 24, 2026)	$16.23
Market capitalization	$1.72 billion
Revenue (TTM)	$443.64 million
Net income (TTM)	($47.65 million)

Offers a cloud-based integer banking platform, including products specified arsenic Alkami Platform, Retail Banking Solutions, and Business Banking Solutions.
Generates gross done bundle subscriptions and services that alteration fiscal institutions to onboard users, thrust engagement, and amended operational efficiency.
Serves assemblage banks, determination banks, recognition unions, and some retail and concern banking clients chiefly successful the United States.

Alkami Technology is simply a exertion institution focused connected delivering cloud-based integer banking solutions to fiscal institutions. Its scalable, multi-tenant level supports a wide suite of banking products designed to heighten lawsuit engagement and operational performance. With a beardown beingness among determination and assemblage banks, Alkami leverages proprietary exertion to code the evolving needs of the U.S. integer banking market.

It’s not hard to recognize wherefore Chicago Capital is disappointed with its Alkami Technology position. The banal is down astir 61.6% from the highest it reached successful precocious 2024.

Alkami hasn’t had occupation increasing its apical line. Trailing 12-month gross roseate by 89% implicit the past 3 years.

Alkami’s banal terms has been nether unit for much reasons than one. In February, the institution told investors it mislaid $11.4 cardinal connected a GAAP ground during the 4th quarter.

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