Mark Shteiman Sells Shares of ALLT
Mark Shteiman, Chief Product Officer, sold 2,000 shares of ALLT on June 15, 2026.
Key Points
- Mark Shteiman, Chief Product Officer of ALLT, sold 2,000 shares at $7.50 each on June 15, 2026, for a total of $15,000.
- ALLT shares are currently trading around $7.38, with significant institutional holdings from firms like LYNROCK LAKE LP and QVT FINANCIAL LP.
- Analysts at Needham and Cantor Fitzgerald have maintained or initiated 'buy' ratings with price targets ranging from $10.5 to $15.0.
Mark Shteiman, the Chief Product Officer of ALLT, sold 2,000 shares of the company on June 15, 2026. The shares were sold at an average price of $7.50, bringing the total transaction value to $15,000. This sale was not part of a pre-planned trading scheme.
Insider Buying and Selling at ALLT
In recent insider activity at ALLT, Mark Shteiman has been actively selling shares. On June 15, 2026, he sold 2,000 shares at $7.50 each. Earlier, he sold 6,000 shares on May 22, 2026, at $7.58 per share, and 5,000 shares on May 21, 2026, at $7.39. Additionally, Noam Lelah, SVP of Customer Success & Ops, sold 21,000 shares at $8.48 on June 1, 2026.
Other Institutional Activity in ALLT
ALLT has seen various levels of institutional activity. LYNROCK LAKE LP holds 10,011,295 shares valued at approximately $66.7 million, with no change in its holdings. QVT FINANCIAL LP increased its holdings by 535,770 shares, bringing its total to 5,598,293 shares worth about $37.3 million. KANEN WEALTH MANAGEMENT LLC also added 51,029 shares, now holding 4,653,697 shares valued at $30.9 million. Meanwhile, ACADIAN ASSET MANAGEMENT LLC made a notable increase of 697,738 shares, raising its total to 2,071,973 shares valued at $13.8 million.
Analysts Set New Price Targets
Analysts have been closely following ALLT, with Needham maintaining a 'buy' rating and setting a price target of $10.5 on May 13, 2026. Earlier in the year, Cantor Fitzgerald initiated coverage with a 'buy' rating and a target of $15.0 on January 12, 2026. The consensus among analysts remains positive, with a general 'buy' recommendation and price targets ranging from $10.5 to $15.0.
Bottom Line
Mark Shteiman's recent sale of ALLT shares is part of a pattern of insider selling, though it was not pre-planned. Institutional investors continue to show interest in ALLT, with several funds adjusting their holdings. Analysts maintain a positive outlook on ALLT, reflected in recent 'buy' ratings and favorable price targets. As always, these insider and institutional activities provide insights but reflect past actions rather than current positions.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.
