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Jana Partners discloses 6.3% stake in Alkami Technology, signals sale exploration

Jana Partners Management, LP disclosed a beneficial ownership of 6,747,707 shares, or 6.3%, of Alkami Technology, Inc. The investment adviser stated it believes the shares are undervalued and intends to engage with the company's board and management on exploring a sale, including discussions with potential acquirers, as well as corporate governance and board leadership matters.

Key facts

  • Jana Partners Management, LP acquired 6,747,707 shares (6.3% of class)
  • Stated purpose: exploring a sale and engaging with multiple parties interested in acquisition
  • Intends discussions with board and management on corporate governance and board leadership
  • States belief that shares are undervalued and represent attractive investment opportunity

Why it matters

Jana Partners' 6.3% stake and articulated plan to push for a strategic sale or alternative create pressure on Alkami's board to evaluate a transaction and could signal the company is a potential M&A target.

Developing story

  • SCHEDULE 13D
  • SCHEDULE 13Dthis filing

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Derived from SCHEDULE 13D filed 2026-06-29. Not investment advice. View the source filing on SEC.gov →