SoundThinking, Inc. (NASDAQ:SSTI – Free Report) – Equities research analysts at William Blair issued their FY2026 EPS estimates for SoundThinking in a report issued on Wednesday, February 26th. William Blair analyst L. Dipalma forecasts that the company will post earnings of $0.05 per share for the year. The consensus estimate for SoundThinking’s current full-year earnings is ($0.42) per share.
Several other equities analysts also recently commented on SSTI. JMP Securities lowered their price objective on shares of SoundThinking from $25.00 to $19.00 and set a “market outperform” rating for the company in a research note on Wednesday, November 13th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $20.00 price objective on shares of SoundThinking in a research note on Wednesday. Finally, Craig Hallum raised shares of SoundThinking from a “hold” rating to a “buy” rating in a research note on Tuesday, February 18th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $21.20.
SoundThinking Trading Up 23.6 %
Shares of NASDAQ:SSTI opened at $16.91 on Thursday. The company has a market cap of $212.88 million, a price-to-earnings ratio of -140.90 and a beta of 1.18. The company has a 50-day moving average price of $13.39 and a 200-day moving average price of $12.83. SoundThinking has a 12 month low of $9.33 and a 12 month high of $18.70.
SoundThinking (NASDAQ:SSTI – Get Free Report) last issued its quarterly earnings data on Tuesday, February 25th. The company reported ($0.32) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.30). The firm had revenue of $23.41 million for the quarter, compared to the consensus estimate of $26.65 million. SoundThinking had a negative net margin of 1.39% and a negative return on equity of 8.74%.
Institutional Investors Weigh In On SoundThinking
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Pullen Investment Management LLC grew its holdings in SoundThinking by 61.1% in the fourth quarter. Pullen Investment Management LLC now owns 142,040 shares of the company’s stock worth $1,855,000 after purchasing an additional 53,888 shares during the period. Mackenzie Financial Corp purchased a new stake in SoundThinking in the fourth quarter worth about $560,000. Two Sigma Advisers LP grew its holdings in SoundThinking by 80.6% in the fourth quarter. Two Sigma Advisers LP now owns 18,600 shares of the company’s stock worth $243,000 after purchasing an additional 8,300 shares during the period. Two Sigma Investments LP grew its holdings in SoundThinking by 18.6% in the fourth quarter. Two Sigma Investments LP now owns 48,719 shares of the company’s stock worth $636,000 after purchasing an additional 7,636 shares during the period. Finally, Sherbrooke Park Advisers LLC lifted its stake in shares of SoundThinking by 18.2% in the fourth quarter. Sherbrooke Park Advisers LLC now owns 23,302 shares of the company’s stock worth $304,000 after buying an additional 3,589 shares in the last quarter. Hedge funds and other institutional investors own 60.74% of the company’s stock.
Insider Activity at SoundThinking
In related news, CFO Alan R. Stewart sold 15,000 shares of the business’s stock in a transaction dated Tuesday, December 10th. The shares were sold at an average price of $13.95, for a total transaction of $209,250.00. Following the transaction, the chief financial officer now owns 138,851 shares in the company, valued at $1,936,971.45. The trade was a 9.75 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Ralph A. Clark sold 5,933 shares of the business’s stock in a transaction dated 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 owns 520,774 shares in the company, valued at $6,046,186.14. This represents a 1.13 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 24,632 shares of company stock worth $325,036 over the last 90 days. 9.20% of the stock is owned by company insiders.
About SoundThinking
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.
See Also
- Five stocks we like better than SoundThinking
- How to Profit From Value Investing
- Domino’s Pizza Delivers a Buying Opportunity
- Stock Analyst Ratings and Canadian Analyst Ratings
- These Consumer Staples Shine Amid Market Turmoil
- Diversification Can Smooth Returns And Mitigate Portfolio Risk
- Regeneron: Is It the Perfect Biotech Stock for Value and Growth?
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.