Geode Capital Management LLC Sells 5,695 Shares of Cantaloupe, Inc. (NASDAQ:CTLP) (2025)

Posted by Defense World Staff on Apr 22nd, 2025

Geode Capital Management LLC lessened its stake in shares of Cantaloupe, Inc. (NASDAQ:CTLP – Free Report) by 0.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,360,339 shares of the technology company’s stock after selling 5,695 shares during the period. Geode Capital Management LLC owned approximately 1.86% of Cantaloupe worth $12,940,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. Rhumbline Advisers lifted its holdings in shares of Cantaloupe by 4.1% during the fourth quarter. Rhumbline Advisers now owns 80,973 shares of the technology company’s stock valued at $770,000 after purchasing an additional 3,221 shares in the last quarter. New York State Common Retirement Fund lifted 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 valued at $75,000 after acquiring an additional 3,400 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in Cantaloupe by 0.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 479,346 shares of the technology company’s stock valued at $4,559,000 after acquiring an additional 3,888 shares during the period. Harvest Fund Management Co. Ltd purchased a new stake in shares of Cantaloupe during the 4th quarter valued at about $40,000. Finally, Parkside Financial Bank & Trust bought a new stake in shares of Cantaloupe in the fourth quarter worth approximately $47,000. Hedge funds and other institutional investors own 75.75% of the company’s stock.

Analyst Upgrades and Downgrades

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

Get Our Latest Stock Report on Cantaloupe

Cantaloupe Stock Down 1.9 %

CTLP opened at $7.39 on Tuesday. Cantaloupe, Inc. has a 1-year low of $5.75 and a 1-year high of $11.36. The firm’s 50 day simple moving average is $8.58 and its two-hundred day simple moving average is $8.87. The company has a current ratio of 1.81, a quick ratio of 1.12 and a debt-to-equity ratio of 0.19. The company has a market capitalization of $539.73 million, a PE ratio of 36.95 and a beta of 1.45.

Cantaloupe (NASDAQ:CTLP – Get Free Report) last released its earnings results on Thursday, February 6th. The technology company reported $0.07 earnings per share for the quarter, beating 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 quarter in the prior year, the firm earned $0.04 EPS. As a group, equities analysts forecast that Cantaloupe, Inc. will post 0.32 EPS for the current 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.