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 $0.96 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 $4.55 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 13.49% to $9.84. Over the last five days, the stock has gained 20.88%. Cantaloupe Inc shares have risen nearly 3.47% since the year began. Nevertheless, the stocks have risen 43.23% over the past one year. While a 52-week high of $10.48 was reached on 02/07/25, a 52-week low of $5.74 was recorded on 02/03/25. SMA at 50 days reached $8.97, while 200 days put it at $7.71.
Levels Of Support And Resistance For CTLP Stock
The 24-hour chart illustrates a support level at 9.15, which if violated will result in even more drops to 8.45. On the upside, there is a resistance level at 10.21. A further resistance level may holdings at 10.57. The Relative Strength Index (RSI) on the 14-day chart is 71.11, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.60, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 2.02%. Stochastics %K at 91.57% indicates the stock is a selling.
How much short interest is there in Cantaloupe Inc?
A steep rise in short interest was recorded in Cantaloupe Inc stocks on 2025-01-15, growing by 49805.0 shares to a total of 2.38 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 2.33 million shares. There was a rise of 2.1%, which implies that there is a positive sentiment for the stock.
