Bakkt Holdings Inc (BKKT) rating initates by Wells Fargo

In a filing, Bakkt Holdings Inc revealed its General Counsel & Secretary D’Annunzio Marc unloaded Company’s shares for reported $10179.0 on Jul 15 ’25. In the deal valued at $18.21 per share,559 shares were sold. As a result of this transaction, D’Annunzio Marc now holds 69,248 shares worth roughly $1.65 million.

Then, Main Andrew A sold 14,440 shares, generating $262,952 in total proceeds. Upon selling the shares at $18.21, the Co-CEO & President now owns 431,963 shares.

Before that, Alexander Karen sold 671 shares. Bakkt Holdings Inc shares valued at $12,219 were divested by the Chief Financial Officer at a price of $18.21 per share. As a result of the transaction, Alexander Karen now holds 69,768 shares, worth roughly $1.67 million.

Wells Fargo initiated its Bakkt Holdings Inc [BKKT] rating to an Equal weight in a research note published on September 29, 2022; the price target was $2.50. A number of analysts have revised their coverage, including Citigroup’s analysts, who began to cover the stock in mid July with a ‘”a Neutral”‘ rating. Jefferies began covering BKKT with “Hold” recommendation on November 11, 2021.

Price Performance Review of BKKT

On Monday, Bakkt Holdings Inc [NYSE:BKKT] saw its stock jump 4.83% to $23.87. Over the last five days, the stock has gained 29.31%. Bakkt Holdings Inc shares have risen nearly 14.21% since the year began. Nevertheless, the stocks have fallen -3.63% over the past one year.

How much short interest is there in Bakkt Holdings Inc?

A steep rise in short interest was recorded in Bakkt Holdings Inc stocks on 2025-06-13, dropping by 33493.0 shares to a total of 1.42 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 1.45 million shares. There was a decline of -2.36%, which implies that there is a negative sentiment for the stock.

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