Katapult Holdings, Inc. (NASDAQ:KPLT – Get Free Report) was the recipient of unusually large options trading on Wednesday. Traders acquired 21,767 put options on the company. This represents an increase of approximately 1,055% compared to the average volume of 1,884 put options.
Hedge Funds Weigh In On Katapult
An institutional investor recently bought a new position in Katapult stock. Boston Partners acquired a new stake in Katapult Holdings, Inc. (NASDAQ:KPLT – Free Report) during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 20,257 shares of the company’s stock, valued at approximately $207,000. Boston Partners owned approximately 0.50% of Katapult at the end of the most recent quarter. Hedge funds and other institutional investors own 26.81% of the company’s stock.
Katapult Stock Down 0.2 %
Shares of KPLT opened at $8.90 on Thursday. The business’s 50 day moving average price is $12.22 and its 200-day moving average price is $11.20. Katapult has a 52 week low of $8.26 and a 52 week high of $24.76. The stock has a market cap of $36.22 million, a P/E ratio of -0.99 and a beta of 1.79.
Katapult Company Profile
Katapult Holdings, Inc, an e-commerce focused financial technology company, provides e-commerce point-of-sale lease-purchase options for nonprime consumers in the United States. The company's technology platform provides nonprime consumers with a lease purchase option to enable them to obtain durable goods from its network of e-commerce retailers.
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