Allot (NASDAQ:ALLT) CEO Sells $222,408.04 in Stock

Allot Ltd. (NASDAQ:ALLT) CEO Eyal David Harari sold 29,111 shares of Allot stock in a transaction dated Thursday, August 6th. The shares were sold at an average price of $7.64, for a total transaction of $222,408.04. Following the sale, the chief executive officer owned 1,099,118 shares of the company’s stock, valued at $8,397,261.52. The trade was a 2.58% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Allot Price Performance

Allot stock opened at $7.70 on Thursday. The stock has a market cap of $374.61 million, a price-to-earnings ratio of 59.24 and a beta of 1.48. The firm has a 50-day moving average of $7.84 and a two-hundred day moving average of $7.86. Allot Ltd. has a 1 year low of $6.12 and a 1 year high of $11.92.

Allot (NASDAQ:ALLT) last issued its earnings results on Wednesday, August 12th. The communications equipment provider reported $0.09 EPS for the quarter, topping analysts’ consensus estimates of $0.06 by $0.03. Allot had a net margin of 5.68% and a return on equity of 7.38%. The business had revenue of $27.74 million for the quarter, compared to analyst estimates of $27.45 million. Research analysts expect that Allot Ltd. will post 0.21 earnings per share for the current year.

Allot declared that its Board of Directors has initiated a stock repurchase program on Tuesday, June 23rd that permits the company to repurchase $40.00 million in outstanding shares. This repurchase authorization permits the communications equipment provider to buy up to 11.7% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s leadership believes its shares are undervalued.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. Needham & Company LLC upped their target price on Allot from $8.50 to $10.50 and gave the stock a “buy” rating in a report on Wednesday, May 13th. Wall Street Zen upgraded Allot from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $15.00 price objective on shares of Allot in a research note on Wednesday, May 13th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Allot in a research note on Friday, June 26th. Five analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $13.62.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. JPMorgan Chase & Co. bought a new position in shares of Allot in the 2nd quarter worth $2,225,000. Russell Investments Group Ltd. bought a new stake in Allot during the second quarter valued at about $350,000. Arrowstreet Capital Limited Partnership bought a new stake in Allot during the second quarter valued at about $156,000. Walleye Capital LLC bought a new position in Allot in the second quarter worth about $256,000. Finally, Marshall Wace LLP bought a new position in Allot in the second quarter worth about $2,320,000. 51.50% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Allot

Here are the key news stories impacting Allot this week:

• Positive Sentiment: Allot reported second-quarter 2026 adjusted earnings of $0.09 per share, above the $0.06 analyst consensus and up from $0.03 a year earlier. Revenue of $27.74 million also exceeded expectations of $27.45 million. Allot Communications Tops Q2 Earnings Estimates
• Positive Sentiment: Management raised full-year 2026 revenue guidance to $115 million–$118 million, indicating continued confidence in demand for its network intelligence and security solutions. The range is broadly consistent with the $115.9 million consensus estimate. Allot Announces Second Quarter 2026 Financial Results
• Positive Sentiment: Allot’s previously authorized $40 million share-repurchase program, covering up to 11.7% of outstanding shares, provides potential support for the stock and signals that the board considers the shares undervalued.
• Neutral Sentiment: Several analysts remain constructive, with a reported consensus rating of “Moderate Buy” and an average price target of $13.62. New institutional positions from JPMorgan, Marshall Wace, and others also indicate some professional-investor interest.
• Negative Sentiment: CEO Eyal David Harari sold 29,111 shares for approximately $222,000, reducing his direct ownership by 2.58%. Although he retains a substantial stake, the transaction may weigh on sentiment.
• Negative Sentiment: The guidance increase appears modest relative to expectations, while Allot’s valuation remains demanding at roughly 59 times earnings. Investors may therefore be taking profits or waiting for stronger forward growth despite the quarterly beat. Allot Q2 2026 Earnings Call Transcript

Allot Company Profile

Allot Ltd. is a provider of network intelligence and security solutions designed for service providers and enterprises worldwide. The company delivers software and cloud-based services that enable customers to gain real-time visibility into network traffic, enforce security policies and optimize bandwidth usage. Its platforms support a wide range of applications, from DDoS protection and threat prevention to subscriber experience management and network analytics.

Allot’s product portfolio includes managed solutions for mobile and fixed-line operators, as well as cloud-native services that can be deployed across private, public and hybrid environments.