Janus Henderson Group PLC Purchases 930,061 Shares of Cantaloupe, Inc. (NASDAQ:CTLP)

Janus Henderson Group PLC grew its position in shares of Cantaloupe, Inc. (NASDAQ:CTLP - Free Report) by 600.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,085,046 shares of the technology company's stock after purchasing an additional 930,061 shares during the quarter. Janus Henderson Group PLC owned approximately 1.49% of Cantaloupe worth $10,303,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Renaissance Technologies LLC boosted its stake in Cantaloupe by 18.8% in the fourth quarter. Renaissance Technologies LLC now owns 95,300 shares of the technology company's stock worth $906,000 after buying an additional 15,100 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Cantaloupe by 340.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 111,394 shares of the technology company's stock worth $824,000 after acquiring an additional 86,109 shares during the last quarter. SG Americas Securities LLC boosted its stake 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 purchasing an additional 5,612 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of Cantaloupe during the 4th quarter valued at $908,000. Finally, Charles Schwab Investment Management Inc. grew its holdings in shares of 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 purchasing an additional 3,888 shares during the last quarter. 75.75% of the stock is owned by hedge funds and other institutional investors.

Cantaloupe Trading Up 2.8%

Shares of NASDAQ CTLP traded up $0.23 during mid-day trading on Thursday, hitting $8.65. The stock had a trading volume of 135,620 shares, compared to its average volume of 412,438. 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 1 year low of $5.82 and a 1 year high of $11.36. The business has a 50 day moving average price of $7.85 and a two-hundred day moving average price of $8.74. The firm has a market cap of $632.17 million, a P/E ratio of 43.32 and a beta of 1.08.

Cantaloupe (NASDAQ:CTLP - Get Free Report) last announced its quarterly earnings results on Thursday, May 8th. The technology company reported $0.08 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.10 by ($0.02). Cantaloupe had a return on equity of 8.36% and a net margin of 5.40%. The firm had revenue of $75.43 million during the quarter, compared to the consensus estimate of $79.83 million. On average, equities analysts anticipate that Cantaloupe, Inc. will post 0.32 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts have weighed in on the stock. Barrington Research reissued an "outperform" rating and issued a $14.00 price target on shares of Cantaloupe in a research note on Wednesday. Benchmark lifted their price objective on Cantaloupe from $11.00 to $13.00 and gave the stock a "buy" rating in a report on Wednesday, February 26th. Finally, Wall Street Zen lowered Cantaloupe from a "strong-buy" rating to a "buy" rating in a research note on Thursday. Five analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock currently has an average rating of "Buy" and an average price target of $12.50.

Cantaloupe 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.