Cantaloupe Inc (CTLP) gets rating Downgrade from B. Riley Securities

Daniel Torres

Cantaloupe Inc’s recently made public that its Chief Financial Officer Stewart Scott Matthew unloaded Company’s shares for reported $0.67 million on Sep 18 ’25. In the deal valued at $10.63 per share,62,830 shares were sold. As a result of this transaction, Stewart Scott Matthew now holds 53,009 shares worth roughly $0.57 million.

Then, Singal Gaurav sold 14,544 shares, generating $154,312 in total proceeds. Upon selling the shares at $10.61, the Chief Technology Officer now owns 25,989 shares.

Before that, Singal Gaurav sold 200,000 shares. Cantaloupe Inc shares valued at $2,126,000 were divested by the Chief Technology Officer at a price of $10.63 per share. As a result of the transaction, Singal Gaurav now holds 40,533 shares, worth roughly $0.43 million.

B. Riley Securities downgraded its Cantaloupe Inc [CTLP] rating to a Neutral from a a Buy in a research note published on June 17, 2025; the price target was decreased to $11.20 from $11.50. A number of analysts have revised their coverage, including William Blair’s analysts, who decreased its forecast for the stock in mid June from “an Outperform” to “a Mkt perform”. The Benchmark Company began covering CTLP with “Buy” recommendation on February 23, 2024. Berenberg started covering the stock on October 03, 2023. It rated CTLP as “a Buy”.

Price Performance Review of CTLP

On Tuesday, Cantaloupe Inc [NASDAQ:CTLP] saw its stock jump 1.23% to $10.72. Over the last five days, the stock has gained 0.19%. Cantaloupe Inc shares have risen nearly 19.11% since the year began. Nevertheless, the stocks have risen 12.72% over the past one year. While a 52-week high of $11.36 was reached on 02/25/25, a 52-week low of $7.01 was recorded on 04/07/25.

Levels Of Support And Resistance For CTLP Stock

The 24-hour chart illustrates a support level at 10.63, which if violated will result in even more drops to 10.54. On the upside, there is a resistance level at 10.78. A further resistance level may holdings at 10.84.

How much short interest is there in Cantaloupe Inc?

A steep rise in short interest was recorded in Cantaloupe Inc stocks on 2025-11-14, dropping by -1.18 million shares to a total of 6.28 million shares. Yahoo Finance data shows the prior-month short interest on 2025-10-15 was 7.47 million shares. There was a decline of -18.85%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on August 17, 2023 when B. Riley Securities began covering the stock and recommended ‘”a Buy”‘ rating along with a $10.50 price target.

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