William Blair Weighs in on SoundThinking Q1 Earnings

SoundThinking, Inc. (NASDAQ:SSTI) – Investment analysts at William Blair issued their Q1 2025 earnings estimates for shares of SoundThinking in a research report issued to clients and investors on Wednesday, February 26th. William Blair analyst L. Dipalma forecasts that the company will post earnings of $0.15 per share for the quarter. The consensus estimate for SoundThinking’s current full-year earnings is ($0.42) per share. William Blair also issued estimates for SoundThinking’s Q2 2025 earnings at ($0.03) EPS, Q3 2025 earnings at ($0.03) EPS, Q4 2025 earnings at ($0.03) EPS and FY2025 earnings at $0.06 EPS.

A number of other brokerages have also recently weighed in on SSTI. Cantor Fitzgerald reiterated an “overweight” rating and issued a $20.00 price target on shares of SoundThinking in a research report on Wednesday. Craig Hallum raised shares of SoundThinking from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. Finally, JMP Securities cut their price target 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. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, SoundThinking presently has a consensus rating of “Moderate Buy” and a consensus price target of $21.20.

SoundThinking Trading Down 3.8 %

Shares of SSTI opened at $16.26 on Friday. The stock has a market cap of $204.70 million, a PE ratio of -135.49 and a beta of 1.18. SoundThinking has a 1 year low of $9.33 and a 1 year high of $18.39. The stock has a 50 day simple moving average of $13.47 and a 200-day simple moving average of $12.86.

SoundThinking (NASDAQ:SSTI) last posted its earnings results on Tuesday, February 25th. The company reported ($0.32) earnings per share for the quarter, missing analysts’ consensus estimates 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 net margin of 1.39% and a negative return on equity of 8.74%.

Hedge Funds Weigh In On SoundThinking

Several hedge funds have recently added to or reduced their stakes in SSTI. R Squared Ltd acquired a new position in SoundThinking during the 4th quarter valued at about $70,000. BNP Paribas Financial Markets raised its stake in shares of SoundThinking by 145.2% during the third 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 during the last quarter. Diversified Investment Strategies LLC bought a new position in SoundThinking in the fourth quarter valued at approximately $131,000. WINTON GROUP Ltd acquired a new stake in SoundThinking during the 4th quarter worth $228,000. Finally, Two Sigma Advisers LP grew its holdings in SoundThinking by 80.6% during the 4th quarter. Two Sigma Advisers LP now owns 18,600 shares of the company’s stock worth $243,000 after acquiring an additional 8,300 shares during the period. Institutional investors own 60.74% of the company’s stock.

Insider Transactions at SoundThinking

In other news, CEO Ralph A. Clark sold 5,933 shares of the company’s stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $11.61, for a total transaction of $68,882.13. Following the transaction, the chief executive officer now directly owns 520,774 shares in the company, valued at approximately $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 Securities & Exchange Commission, which is accessible through this link. Also, CFO Alan R. Stewart sold 15,000 shares of the stock in a transaction that occurred 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 sale, the chief financial officer now directly owns 138,851 shares in the company, valued at $1,936,971.45. This trade represents a 9.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 23,350 shares of company stock worth $308,032. 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.