Alkami Technology Shares Rise as General Atlantic Activates Stake

Alkami Technology's shares rose 2.6% after General Atlantic changed its stake in the digital banking firm from passive to active. The private equity firm, which owns an 11.6% stake, can now engage with management and has increased its level of involvement.

Alkami Technology's (NASDAQ: ALKT) shares rose by 2.6% on July 2, 2025, following an announcement that private equity firm General Atlantic (GA) has changed its stake in the digital banking firm from passive to active. This shift allows GA, which holds an 11.6% stake in Alkami, to engage more actively with management and the board on strategic transactions [1].

The change in GA's stake was disclosed in a 13D filing on Thursday. GA purchased 2.3 million shares from August 6 to August 13, increasing its level of involvement in Alkami. This move comes as Alkami's shares have dropped by 38% year-to-date, highlighting the challenges faced by the digital banking firm. GA is now the second-largest shareholder after S3 Ventures [1].

Alkami Technology, Inc. reported its Q2 2025 earnings on July 1, 2025, with GAAP EPS of -$0.13, beating analysts' expectations by $0.01. Revenue for the quarter was $112.1 million, also exceeding expectations by $2.26 million. The company outlined a 2025 revenue target ranging from $443 million to $447 million, driven by the integration of the MANTL acquisition and cross-sell growth initiatives [1].

The change in GA's stake to an active position could signal a more hands-on approach to Alkami's strategic direction, potentially impacting the company's future performance. Investors should closely monitor Alkami's earnings and strategic developments in the coming quarters.

References:
[1] https://seekingalpha.com/news/4487952-alkami-technology-gains-as-general-atlantic-changes-stake-to-active