4 hours Ago By Defense World Staff
Renaissance Technologies LLC lifted its holdings in shares of Cantaloupe, Inc. ( NASDAQ:CTLP – Free Report ) by 18.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC).
The institutional investor owned 95,300 shares of the technology company’s stock after purchasing an additional 15,100 shares during the period. Renaissance Technologies LLC owned 0.13% of Cantaloupe worth $906,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently made changes to their positions in the business. Harvest Fund Management Co. Ltd acquired a new position in Cantaloupe during the 4th quarter worth approximately $40,000.
Parkside Financial Bank & Trust acquired a new position in Cantaloupe during the 4th quarter worth approximately $47,000. New York State Common Retirement Fund raised its stake in Cantaloupe by 75.8% during the 4th quarter.
New York State Common Retirement Fund now owns 7,884 shares of the technology company’s stock worth $75,000 after buying an additional 3,400 shares during the period. KLP Kapitalforvaltning AS acquired a new position in Cantaloupe during the 4th quarter worth approximately $91,000. Finally, Truist Financial Corp acquired a new position in Cantaloupe during the 4th quarter worth approximately $111,000.
Institutional investors own 75.75% of the company’s stock. Analyst Ratings Changes A number of research analysts recently weighed in on the company.
Benchmark upped their price target on Cantaloupe from $11.00 to $13.00 and gave the stock a “buy” rating in a research note on Wednesday, February 26th.
Barrington Research reaffirmed an “outperform” rating and set a $14.00 price target on shares of Cantaloupe in a research note on Thursday, March 27th. Cantaloupe Stock Performance Shares of Cantaloupe stock opened at $8.
00 on Thursday. The company has a market cap of $584.28 million, a PE ratio of 40.
00 and a beta of 1.45. Cantaloupe, Inc.
has a 52 week low of $5.78 and a 52 week high of $11.36.
The business has a 50 day moving average price of $8.16 and a 200-day moving average price of $8.83.
The company has a quick ratio of 1.12, a current ratio of 1.81 and a debt-to-equity ratio of 0.
19. Cantaloupe ( NASDAQ:CTLP – Get Free Report ) last issued its quarterly earnings data on Thursday, February 6th. The technology company reported $0.
07 EPS for the quarter, topping the consensus estimate of $0.06 by $0.01.
Cantaloupe had a return on equity of 8.36% and a net margin of 5.40%.
During the same period in the prior year, the firm earned $0.04 earnings per share. Equities analysts anticipate that Cantaloupe, Inc.
will post 0.32 earnings per share for the current fiscal year. Cantaloupe Profile ( Free Report ) 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. See Also Five stocks we like better than Cantaloupe How to Invest in Insurance Companies: A Guide Why D-Wave’s Project With Davidson Is a Game-Changer For Quantum Health Care Stocks Explained: Why You Might Want to Invest Hims & Hers Stock Soars on Novo Nordisk Collaboration What Are Growth Stocks and Investing in Them Amazon’s Earnings Will Make or Break the Stock’s Comeback Want to see what other hedge funds are holding CTLP? Visit HoldingsChannel.
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