Cantaloupe Inc’s filing revealed that its Director Baird Lisa P. acquired Company’s shares for reported $44520.0 on Sep 27 ’24. In the deal valued at $7.42 per share,6,000 shares were bought. As a result of this transaction, Baird Lisa P. now holds 97,319 shares worth roughly $0.79 million.
Then, Bergeron Douglas bought 234,134 shares, generating $1,734,933 in total proceeds. Upon buying the shares at $7.41, the Director now owns 426,319 shares.
Before that, Bergeron Douglas bought 36,000 shares. Cantaloupe Inc shares valued at $266,760 were divested by the Director at a price of $7.41 per share. As a result of the transaction, Bergeron Douglas now holds 462,319 shares, worth roughly $3.77 million.
The Benchmark Company initiated its Cantaloupe Inc [CTLP] rating to a Buy in a research note published on February 23, 2024; the price target was $10. A number of analysts have revised their coverage, including Berenberg’s analysts, who began to cover the stock in early October with a ‘”a Buy”‘ rating. B. Riley Securities began covering CTLP with “Buy” recommendation on August 17, 2023.
Price Performance Review of CTLP
On Friday, Cantaloupe Inc [NASDAQ:CTLP] saw its stock jump 0.49% to $8.15. Over the last five days, the stock has lost -2.04%. Cantaloupe Inc shares have fallen nearly -14.30% since the year began. Nevertheless, the stocks have risen 24.05% over the past one year. While a 52-week high of $10.48 was reached on 01/02/25, a 52-week low of $5.74 was recorded on 01/14/25. SMA at 50 days reached $9.14, while 200 days put it at $7.56.
Levels Of Support And Resistance For CTLP Stock
The 24-hour chart illustrates a support level at 8.06, which if violated will result in even more drops to 7.97. On the upside, there is a resistance level at 8.23. A further resistance level may holdings at 8.32. The Relative Strength Index (RSI) on the 14-day chart is 32.64, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.67, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.01%. Stochastics %K at 7.36% indicates the stock is a buying.
How much short interest is there in Cantaloupe Inc?
A steep rise in short interest was recorded in Cantaloupe Inc stocks on 2024-12-31, growing by 38348.0 shares to a total of 2.21 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 2.17 million shares. There was a rise of 1.73%, which implies that there is a positive sentiment for the stock.
