SoundThinking, Inc. (NASDAQ:SSTI – Free Report) – Equities research analysts at William Blair issued their FY2026 earnings estimates for shares of SoundThinking in a research note issued on Wednesday, February 26th. William Blair analyst L. Dipalma forecasts that the company will post earnings per share of $0.05 for the year. The consensus estimate for SoundThinking’s current full-year earnings is ($0.42) per share.
Several other equities analysts have also recently issued reports on the company. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $20.00 price objective on shares of SoundThinking in a research report on Wednesday. JMP Securities lowered their price target on SoundThinking from $25.00 to $19.00 and set a “market outperform” rating on the stock in a report on Wednesday, November 13th. Finally, Craig Hallum upgraded SoundThinking from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $21.20.
SoundThinking Stock Down 3.8 %
SSTI stock opened at $16.26 on Thursday. The business has a 50 day moving average of $13.47 and a 200 day moving average of $12.86. The firm has a market cap of $204.70 million, a PE ratio of -135.49 and a beta of 1.18. SoundThinking has a twelve month low of $9.33 and a twelve month high of $18.39.
SoundThinking (NASDAQ:SSTI – Get Free Report) last announced its earnings results on Tuesday, February 25th. The company reported ($0.32) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by ($0.30). SoundThinking had a negative return on equity of 8.74% and a negative net margin of 1.39%. The firm had revenue of $23.41 million during the quarter, compared to the consensus estimate of $26.65 million.
Institutional Trading of SoundThinking
Hedge funds have recently bought and sold shares of the stock. Kopion Asset Management LLC lifted its position in SoundThinking by 24.2% during the fourth quarter. Kopion Asset Management LLC now owns 727,144 shares of the company’s stock valued at $9,497,000 after acquiring an additional 141,630 shares during the last quarter. Disciplined Growth Investors Inc. MN acquired a new position in shares of SoundThinking during the third quarter worth $5,354,000. Rice Hall James & Associates LLC lifted its holdings in shares of SoundThinking by 9.8% during the 4th quarter. Rice Hall James & Associates LLC now owns 397,728 shares of the company’s stock valued at $5,194,000 after purchasing an additional 35,584 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of SoundThinking by 1.2% in the 4th quarter. Geode Capital Management LLC now owns 216,121 shares of the company’s stock worth $2,823,000 after purchasing an additional 2,547 shares in the last quarter. Finally, State Street Corp grew its stake in SoundThinking by 4.3% during the 3rd quarter. State Street Corp now owns 197,024 shares of the company’s stock worth $2,284,000 after buying an additional 8,078 shares during the last quarter. Hedge funds and other institutional investors own 60.74% of the company’s stock.
Insider Activity at SoundThinking
In other news, CEO Ralph A. Clark sold 5,933 shares of the firm’s stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $11.61, for a total transaction of $68,882.13. Following the transaction, the chief executive officer now directly owns 520,774 shares of the company’s stock, valued at approximately $6,046,186.14. This trade represents a 1.13 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Alan R. Stewart sold 15,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 10th. The shares were sold at an average price of $13.95, for a total value of $209,250.00. Following the completion of the sale, the chief financial officer now owns 138,851 shares of the company’s stock, valued at $1,936,971.45. The trade was a 9.75 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 23,350 shares of company stock valued at $308,032. Insiders own 9.20% of the company’s stock.
SoundThinking Company Profile
SoundThinking, Inc, a public safety technology company that provides transformative solutions and strategic advisory services for law enforcement and civic leadership. Its SafetySmart Platform, an integrated suite of data-driven tools that enable law enforcement and community violence prevention and health organizations to be efficient in public safety outcomes.
Featured Articles
- Five stocks we like better than SoundThinking
- How to Invest in Blue Chip Stocks
- Volatility Is Back: 3 Stocks To Cushion the S&P 500’s Swings
- Consumer Staples Stocks, Explained
- 2 Catalysts That Could Push NVIDIA Stock Up 30% This Year
- What is an Earnings Surprise?
- Do GM Stock Buybacks Make the Stock Buyable For Investors?
Receive News & Ratings for SoundThinking Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SoundThinking and related companies with MarketBeat.com's FREE daily email newsletter.