Allot (NASDAQ:ALLT) CEO Sells $257,993.16 in Stock

Allot Ltd. (NASDAQ:ALLT) CEO Eyal Harari sold 28,923 shares of the stock in a transaction on Monday, November 9th. The shares were sold at an average price of $8.92, for a total value of $257,993.16. Following the completion of the transaction, the chief executive officer directly owned 1,070,195 shares in the company, valued at approximately $9,546,139.40. This represents a 2.63% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Allot Stock Down 13.3%

NASDAQ ALLT opened at $7.78 on Friday. The stock’s 50-day simple moving average is $8.44 and its two-hundred day simple moving average is $7.96. Allot Ltd. has a twelve month low of $6.12 and a twelve month high of $11.92. The company has a market capitalization of $383.55 million, a price-to-earnings ratio of 35.37 and a beta of 1.51.

Allot (NASDAQ:ALLT) last issued its quarterly earnings results on Thursday, November 12th. The communications equipment provider reported $0.09 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.09. The firm had revenue of $30.59 million during the quarter, compared to analyst estimates of $30.03 million. Allot had a return on equity of 9.64% and a net margin of 9.40%. On average, equities analysts expect that Allot Ltd. will post 0.23 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

ALLT has been the subject of several research reports. Northland Securities set a $17.00 target price on Allot in a research note on Thursday, August 13th. Weiss Ratings reissued a “sell (d+)” rating on shares of Allot in a research note on Tuesday, September 22nd. Four analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $13.38.

Institutional Trading of Allot

Hedge funds have recently added to or reduced their stakes in the business. Squarepoint Ops LLC boosted its position in Allot by 36.0% during the second quarter. Squarepoint Ops LLC now owns 14,775 shares of the communications equipment provider’s stock valued at $131,000 after buying an additional 3,908 shares during the period. R Squared Ltd bought a new stake in shares of Allot in the 3rd quarter valued at about $146,000. Hennion & Walsh Asset Management Inc. boosted its holdings in Allot by 24.4% during the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 96,833 shares of the communications equipment provider’s stock valued at $857,000 after acquiring an additional 19,013 shares during the period. Eurizon Capital SGR S.p.A. purchased a new stake in Allot during the 3rd quarter valued at about $247,000. Finally, Kanen Wealth Management LLC boosted its holdings in Allot by 1.1% during the 1st quarter. Kanen Wealth Management LLC now owns 4,653,697 shares of the communications equipment provider’s stock valued at $30,994,000 after acquiring an additional 51,029 shares during the period. 51.50% of the stock is owned by institutional investors.

Key Stories Impacting Allot

Here are a few of the latest stories about ALLT:

• Positive Sentiment: Q3 revenue rose 16% year over year to $30.59 million, exceeding the $30.03 million consensus estimate. Security-as-a-Service (SECaaS) annual recurring revenue increased 41% year over year. Allot Announces Third Quarter 2026 Financial Results
• Positive Sentiment: Quarterly EPS was $0.09, above Zacks’ $0.08 estimate, although it was below $0.10 a year earlier. Allot Q3 Earnings and Revenues Surpass Estimates
• Negative Sentiment: CEO Eyal Harari sold 28,923 shares for approximately $258,000 on Nov. 9. He retained more than 1.07 million shares, but the sale could weigh on sentiment. CEO Share Sale

Allot Company Profile

Allot Ltd. develops network intelligence, optimization and cybersecurity solutions for communications service providers, enterprises and public-sector organizations. Its software and platforms help customers manage network traffic, monitor service performance and protect users and networks from online threats. Its offerings include network traffic management and analytics, as well as security services such as protection against distributed denial-of-service attacks and threats delivered through domain name system (DNS) traffic.