12,557 Shares in Cantaloupe, Inc. (NASDAQ:CTLP) Bought by ExodusPoint Capital Management LP

ExodusPoint Capital Management LP acquired a new stake in Cantaloupe, Inc. (NASDAQ:CTLP) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 12,557 shares of the technology company’s stock, valued at approximately $119,000.

Several other hedge funds also recently made changes to their positions in the company. Barclays PLC boosted its position in shares of Cantaloupe by 272.2% in the 3rd quarter. Barclays PLC now owns 113,920 shares of the technology company’s stock valued at $843,000 after purchasing an additional 83,316 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of Cantaloupe by 340.6% in the third quarter. JPMorgan Chase & Co. now owns 111,394 shares of the technology company’s stock valued at $824,000 after acquiring an additional 86,109 shares during the period. Geode Capital Management LLC grew its position in shares of Cantaloupe by 3.5% during the third quarter. Geode Capital Management LLC now owns 1,366,034 shares of the technology company’s stock worth $10,111,000 after acquiring an additional 46,518 shares during the last quarter. State Street Corp increased its holdings in shares of Cantaloupe by 2.4% in the 3rd quarter. State Street Corp now owns 1,237,888 shares of the technology company’s stock valued at $9,160,000 after acquiring an additional 29,460 shares during the period. Finally, SG Americas Securities LLC increased its holdings in shares of Cantaloupe by 25.3% in the 4th quarter. SG Americas Securities LLC now owns 27,817 shares of the technology company’s stock valued at $265,000 after acquiring an additional 5,612 shares during the period. Hedge funds and other institutional investors own 75.75% of the company’s stock.

Cantaloupe Stock Down 1.2 %

Shares of Cantaloupe stock opened at $7.66 on Tuesday. The company has a market cap of $559.45 million, a P/E ratio of 38.30 and a beta of 1.45. The firm has a fifty day moving average of $8.81 and a two-hundred day moving average of $8.88. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.12 and a current ratio of 1.81. Cantaloupe, Inc. has a one year low of $5.75 and a one year high of $11.36.

Cantaloupe (NASDAQ:CTLP) last announced its quarterly earnings data on Thursday, February 6th. The technology company reported $0.07 EPS for the quarter, beating analysts’ consensus estimates of $0.06 by $0.01. Cantaloupe had a net margin of 5.40% and a return on equity of 8.36%. During the same period in the prior year, the company earned $0.04 earnings per share. On average, analysts forecast that Cantaloupe, Inc. will post 0.32 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on CTLP. Benchmark raised their price objective on shares of Cantaloupe from $11.00 to $13.00 and gave the stock a “buy” rating in a research report on Wednesday, February 26th. Barrington Research restated an “outperform” rating and issued a $14.00 price target on shares of Cantaloupe in a research report on Thursday, March 27th.

Cantaloupe Company Profile

Cantaloupe, Inc, a digital payments and software services company, provides technology solutions for self-service commerce market. The company offers integrated solutions for payments processing, logistics, and back-office management. It also provides G11 cashless and pulse kits that are 4G LTE digital payment devices for payment and consumer engagement applications; G11 chip kit, a digital reader that accepts contact EMV and contactless EMV payment methods; Engage series comprising Engage and Engage Combo, which are digital touchscreen devices that offers networking, security, and interactivity payment methods; and card touchscreen card readers, including P66, P100, P100Pro, and P30.