S Squared Technology LLC reduced its holdings in Cantaloupe, Inc. (NASDAQ:CTLP – Get Rating) by 6.3% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 223,457 shares of the technology company’s stock after selling 15,000 shares during the quarter. Cantaloupe makes up about 0.9% of S Squared Technology LLC’s portfolio, making the stock its 26th largest holding. S Squared Technology LLC’s holdings in Cantaloupe were worth $1,251,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CTLP. Lazard Asset Management LLC acquired a new position in Cantaloupe in the 1st quarter valued at approximately $40,000. Pinnacle Wealth Planning Services Inc. acquired a new position in Cantaloupe in the 2nd quarter valued at approximately $72,000. Principal Financial Group Inc. acquired a new position in Cantaloupe in the 1st quarter valued at approximately $72,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in Cantaloupe in the 2nd quarter valued at approximately $92,000. Finally, Jane Street Group LLC acquired a new position in Cantaloupe in the 1st quarter valued at approximately $96,000. 80.46% of the stock is currently owned by institutional investors and hedge funds.
Cantaloupe Stock Up 2.7 %
Shares of Cantaloupe stock traded up $0.09 during trading hours on Thursday, reaching $3.40. The company’s stock had a trading volume of 218,680 shares, compared to its average volume of 404,695. Cantaloupe, Inc. has a one year low of $2.77 and a one year high of $9.46. The company has a market capitalization of $242.15 million, a P/E ratio of -24.28 and a beta of 1.90. The stock’s fifty day simple moving average is $3.46 and its two-hundred day simple moving average is $4.79. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.26 and a current ratio of 1.54.
Wall Street Analysts Forecast Growth
Separately, Craig Hallum decreased their price objective on shares of Cantaloupe to $8.00 in a research report on Tuesday, November 15th.
Cantaloupe Company Profile
Cantaloupe, Inc, a digital payments and software services company, provides technology solutions for the unattended retail market. The company offers integrated solutions for payments processing, logistics, and back-office management. It also provides ePort, an integrated payment device that is deployed in self-service, unattended market applications, such as vending, micro-markets, amusement, arcade, commercial laundry, air/vacuum, car wash, and others, which facilitates digital payments; and integrated software services for payment or asset tracking devices.
- Get a free copy of the StockNews.com research report on Cantaloupe (CTLP)
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