Northland Capmk Lowers Earnings Estimates for SoundThinking

SoundThinking, Inc. (NASDAQ:SSTI) – Equities researchers at Northland Capmk cut their Q1 2025 EPS estimates for shares of SoundThinking in a research note issued to investors on Tuesday, February 25th. Northland Capmk analyst M. Latimore now forecasts that the company will earn ($0.33) per share for the quarter, down from their previous forecast of ($0.11). The consensus estimate for SoundThinking’s current full-year earnings is ($0.42) per share. Northland Capmk also issued estimates for SoundThinking’s Q2 2025 earnings at ($0.03) EPS, Q3 2025 earnings at $0.08 EPS, Q4 2025 earnings at $0.08 EPS and FY2025 earnings at ($0.21) EPS.

A number of other brokerages have also recently commented on SSTI. Craig Hallum upgraded SoundThinking from a “hold” rating to a “buy” rating in a research report on Tuesday, February 18th. JMP Securities reduced their target price on shares of SoundThinking from $25.00 to $19.00 and set a “market outperform” rating for the company in a report on Wednesday, November 13th. Finally, Cantor Fitzgerald restated an “overweight” rating and set a $20.00 target price on shares of SoundThinking in a research note on Wednesday. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $21.20.

SoundThinking Stock Performance

Shares of SoundThinking stock opened at $16.26 on Friday. The stock has a market cap of $204.70 million, a P/E ratio of -135.49 and a beta of 1.18. The stock’s fifty day moving average is $13.47 and its 200 day moving average is $12.86. SoundThinking has a one year low of $9.33 and a one year high of $18.39.

SoundThinking (NASDAQ:SSTI) last released its quarterly earnings results on Tuesday, February 25th. The company reported ($0.32) earnings per share for the quarter, missing the consensus estimate of ($0.02) by ($0.30). The business 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%.

Hedge Funds Weigh In On SoundThinking

Several institutional investors have recently bought and sold shares of SSTI. Pullen Investment Management LLC boosted its holdings in shares of SoundThinking by 61.1% during the 4th quarter. Pullen Investment Management LLC now owns 142,040 shares of the company’s stock valued at $1,855,000 after purchasing an additional 53,888 shares during the last quarter. Mackenzie Financial Corp purchased a new stake in shares of SoundThinking in the fourth quarter worth about $560,000. Two Sigma Advisers LP boosted its stake in SoundThinking by 80.6% during the fourth quarter. Two Sigma Advisers LP now owns 18,600 shares of the company’s stock valued at $243,000 after buying an additional 8,300 shares during the last quarter. Two Sigma Investments LP grew its holdings in SoundThinking by 18.6% during the 4th quarter. Two Sigma Investments LP now owns 48,719 shares of the company’s stock valued at $636,000 after buying an additional 7,636 shares in the last quarter. Finally, Sherbrooke Park Advisers LLC increased its stake in 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 acquiring an additional 3,589 shares during the last quarter. 60.74% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, CEO Ralph A. Clark sold 5,933 shares of the business’s stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $11.61, for a total value 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. The trade was a 1.13 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Alan R. Stewart sold 15,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 10th. The stock was sold at an average price of $13.95, for a total value of $209,250.00. Following the completion of the transaction, 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 ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 23,350 shares of company stock worth $308,032 over the last ninety days. Corporate insiders own 9.20% of the company’s stock.

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.