Jump Financial LLC increased its position in Cantaloupe, Inc. (NASDAQ:CTLP – Free Report) by 34.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 72,200 shares of the technology company’s stock after buying an additional 18,400 shares during the quarter. Jump Financial LLC owned about 0.10% of Cantaloupe worth $412,000 at the end of the most recent reporting period.
Several other large investors have also bought and sold shares of CTLP. Swiss National Bank lifted its holdings in Cantaloupe by 7.1% in the 1st quarter. Swiss National Bank now owns 125,800 shares of the technology company’s stock valued at $852,000 after acquiring an additional 8,300 shares during the last quarter. Principal Financial Group Inc. acquired a new stake in Cantaloupe during the first quarter valued at approximately $72,000. JPMorgan Chase & Co. boosted its holdings in Cantaloupe by 20.7% during the first quarter. JPMorgan Chase & Co. now owns 27,566 shares of the technology company’s stock worth $187,000 after buying an additional 4,719 shares in the last quarter. Bank of New York Mellon Corp grew its position in Cantaloupe by 1.2% in the first quarter. Bank of New York Mellon Corp now owns 221,974 shares of the technology company’s stock worth $1,503,000 after buying an additional 2,611 shares during the last quarter. Finally, Rhumbline Advisers increased its holdings in shares of Cantaloupe by 14.7% in the first quarter. Rhumbline Advisers now owns 57,608 shares of the technology company’s stock valued at $390,000 after buying an additional 7,401 shares in the last quarter. Institutional investors own 74.44% of the company’s stock.
Analysts Set New Price Targets
Several equities research analysts have recently weighed in on CTLP shares. TheStreet raised Cantaloupe from a “d+” rating to a “c-” rating in a research note on Monday, June 12th. Craig Hallum lifted their price target on Cantaloupe from $8.00 to $9.00 in a research note on Friday, May 5th.
Cantaloupe Stock Performance
Shares of NASDAQ:CTLP opened at $7.44 on Tuesday. Cantaloupe, Inc. has a 52 week low of $2.77 and a 52 week high of $8.28. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.11 and a current ratio of 1.49. The firm has a 50 day simple moving average of $7.53 and a 200 day simple moving average of $6.33.
About Cantaloupe
Cantaloupe, Inc, a digital payments and software services company, provides technology solutions for the unattended retail market. The company offers integrated solutions for payments processing, logistics, and back-office management. It also provides ePort, an integrated payment device that is deployed in self-service, unattended market applications, such as vending, micro-markets, amusement, arcade, commercial laundry, air/vacuum, car wash, and others, which facilitates digital payments; and integrated software services for payment or asset tracking devices.
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