In a filing, Cantaloupe Inc revealed 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 $0.77 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 $3.64 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 Monday, Cantaloupe Inc [NASDAQ:CTLP] saw its stock jump 3.96% to $7.87. Over the last five days, the stock has lost -0.51%. Cantaloupe Inc shares have fallen nearly -17.25% since the year began. Nevertheless, the stocks have risen 21.83% over the past one year. While a 52-week high of $11.36 was reached on 02/25/25, a 52-week low of $5.74 was recorded on 03/31/25. SMA at 50 days reached $8.93, while 200 days put it at $8.18.
Levels Of Support And Resistance For CTLP Stock
The 24-hour chart illustrates a support level at 7.44, which if violated will result in even more drops to 7.01. On the upside, there is a resistance level at 8.17. A further resistance level may holdings at 8.48. The Relative Strength Index (RSI) on the 14-day chart is 40.08, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.02, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 31.71%. Stochastics %K at 32.24% indicates the stock is a holding.
How much short interest is there in Cantaloupe Inc?
A steep rise in short interest was recorded in Cantaloupe Inc stocks on 2025-03-14, dropping by -0.24 million shares to a total of 2.41 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 2.64 million shares. There was a decline of -9.77%, which implies that there is a negative sentiment for the stock.
