SoundThinking, Inc. (NASDAQ:SSTI – Free Report) – Equities researchers at William Blair issued their FY2026 EPS estimates for SoundThinking in a research note issued on Wednesday, February 26th. William Blair analyst L. Dipalma forecasts that the company will earn $0.05 per share for the year. The consensus estimate for SoundThinking’s current full-year earnings is ($0.42) per share.
SoundThinking (NASDAQ:SSTI – Get Free Report) last issued 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). The firm had revenue of $23.41 million during the quarter, compared to the consensus estimate of $26.65 million. SoundThinking had a negative return on equity of 8.74% and a negative net margin of 1.39%.
Read Our Latest Research Report on SSTI
SoundThinking Stock Up 23.6 %
Shares of SoundThinking stock 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’s 50 day moving average is $13.39 and its 200 day moving average is $12.83. SoundThinking has a twelve month low of $9.33 and a twelve month high of $18.70.
Insider Transactions at SoundThinking
In other news, CEO Ralph A. Clark sold 5,933 shares of the stock in a transaction on Monday, December 16th. The shares were sold at an average price of $11.61, for a total value of $68,882.13. Following the completion of the sale, the chief executive officer now directly owns 520,774 shares of the company’s stock, valued at $6,046,186.14. This represents a 1.13 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Alan R. Stewart sold 15,000 shares of the firm’s stock in a transaction on 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 directly owns 138,851 shares of the company’s stock, valued at $1,936,971.45. The trade was a 9.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 24,632 shares of company stock valued at $325,036 over the last three months. Corporate insiders own 9.20% of the company’s stock.
Hedge Funds Weigh In On SoundThinking
A number of institutional investors and hedge funds have recently made changes to their positions in the business. Trexquant Investment LP grew its stake in shares of SoundThinking by 3.2% in the 4th quarter. Trexquant Investment LP now owns 56,422 shares of the company’s stock worth $737,000 after buying an additional 1,745 shares in the last quarter. Geode Capital Management LLC grew its stake 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 buying an additional 2,547 shares in the last quarter. Sherbrooke Park Advisers LLC grew its stake in shares of SoundThinking by 18.2% in the 4th 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. Hsbc Holdings PLC grew its stake in shares of SoundThinking by 13.2% in the 4th quarter. Hsbc Holdings PLC now owns 41,782 shares of the company’s stock worth $555,000 after buying an additional 4,886 shares in the last quarter. Finally, BNP Paribas Financial Markets grew its stake in shares of SoundThinking by 145.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 8,843 shares of the company’s stock worth $102,000 after buying an additional 5,236 shares in the last quarter. 60.74% of the stock is owned by hedge funds and other institutional investors.
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.
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