This Beaten-Down Fintech Stock Landed a Massive $102 Million Vote of Confidence

North Reef Capital Management disclosed a major $102.21 million investment in Alkami Technology, acquiring 5.55 million shares in Q1 2026. Despite the stock declining 46% over the past year, the investment signals confidence in Alkami's digital banking platform and growth prospects. The company showed strong Q1 fundamentals with 29% revenue growth and improved profitability metrics.

05/16/2026, 12:06 PM • The Motley Fool

Surgery Partners Stock Down 39% as One Fund Slashes Stake by $19 Million

Irenic Capital Management sold 1,047,583 shares of Surgery Partners (SGRY) in Q4 2025, reducing its stake to just 0.09% of assets. The stock has declined 39.7% over the past year, underperforming the S&P 500 by 51.61 percentage points. While the company's operations remain solid with 6.6% revenue growth, concerns center on high leverage with net debt to EBITDA at 4.2x-4.6x in a higher rate environment.

02/23/2026, 3:03 PM • The Motley Fool

Irenic Dumps Most Papa John's Shares

Irenic Capital Management LP significantly reduced its Papa John's International position by approximately 70%, selling 748,592 shares in Q4 and retaining only 325,108 shares valued at $12.5 million. The stake now represents just 0.8% of the fund's AUM, dropping out of its top five holdings. Papa John's stock has underperformed the market, declining 30.7% over the past year while the S&P 500 gained 16.4%, amid struggling North American same-store sales.

02/22/2026, 10:08 AM • The Motley Fool

Alkami (ALKT) Q2 Revenue Jumps 36%

Alkami Technology reported strong Q2 2025 financial results, with GAAP revenue of $112.1 million, a 36.4% year-over-year increase. The company exceeded analyst estimates, demonstrated growth in registered users, and continued integrating the MANTL acquisition.

07/31/2025, 9:07 AM • The Motley Fool