108,140 Shares in Cantaloupe, Inc. (NASDAQ:CTLP) Acquired by EAM Investors LLC

EAM Investors LLC acquired a new stake in shares of Cantaloupe, Inc. (NASDAQ:CTLP - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 108,140 shares of the technology company's stock, valued at approximately $1,028,000. EAM Investors LLC owned about 0.15% of Cantaloupe as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in CTLP. Invesco Ltd. increased its position in Cantaloupe by 1,768.2% during the 4th quarter. Invesco Ltd. now owns 397,299 shares of the technology company's stock valued at $3,778,000 after purchasing an additional 376,033 shares during the period. Royce & Associates LP boosted its position in Cantaloupe by 99.6% during the 4th quarter. Royce & Associates LP now owns 563,000 shares of the technology company's stock valued at $5,354,000 after acquiring an additional 281,000 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of Cantaloupe by 220.5% in the 4th quarter. JPMorgan Chase & Co. now owns 356,973 shares of the technology company's stock worth $3,395,000 after acquiring an additional 245,579 shares in the last quarter. Vanguard Group Inc. boosted its position in Cantaloupe by 6.4% during the fourth quarter. Vanguard Group Inc. now owns 3,539,115 shares of the technology company's stock valued at $33,657,000 after purchasing an additional 212,456 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership purchased a new stake in shares of Cantaloupe during the fourth quarter valued at about $2,011,000. 75.75% of the stock is owned by institutional investors.

Cantaloupe Stock Performance

CTLP stock traded up $0.13 during trading on Tuesday, reaching $7.52. The company had a trading volume of 57,545 shares, compared to its average volume of 391,911. The company has a market cap of $548.86 million, a price-to-earnings ratio of 37.40 and a beta of 1.45. Cantaloupe, Inc. has a twelve month low of $5.75 and a twelve month high of $11.36. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.12 and a current ratio of 1.81. The firm has a 50-day simple moving average of $8.58 and a 200-day simple moving average of $8.87.

Cantaloupe (NASDAQ:CTLP - Get Free Report) last posted 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 net margin of 5.40% and a return on equity of 8.36%. During the same quarter in the prior year, the company earned $0.04 earnings per share. As a group, sell-side analysts expect that Cantaloupe, Inc. will post 0.32 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts recently commented on the stock. Barrington Research reiterated an "outperform" rating and set a $14.00 price objective on shares of Cantaloupe in a research note on Thursday, March 27th. Benchmark increased their price objective on Cantaloupe from $11.00 to $13.00 and gave the company a "buy" rating in a report on Wednesday, February 26th.

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.