Jane Street Group LLC Has $271,000 Position in Cantaloupe, Inc. (NASDAQ:CTLP)

Jane Street Group LLC lessened its position in Cantaloupe, Inc. (NASDAQ:CTLP) by 53.1% in the third quarter, Holdings Channel.com reports. The firm owned 36,588 shares of the technology company’s stock after selling 41,398 shares during the quarter. Jane Street Group LLC’s holdings in Cantaloupe were worth $271,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Charles Schwab Investment Management Inc. grew its position in shares of Cantaloupe by 4.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 475,458 shares of the technology company’s stock valued at $3,518,000 after buying an additional 21,938 shares during the last quarter. First Eagle Investment Management LLC bought a new stake in shares of Cantaloupe in the 2nd quarter valued at about $2,276,000. State Street Corp grew its position in shares of Cantaloupe by 2.4% in the 3rd quarter. State Street Corp now owns 1,237,888 shares of the technology company’s stock valued at $9,160,000 after buying an additional 29,460 shares during the last quarter. GSA Capital Partners LLP bought a new stake in shares of Cantaloupe in the 3rd quarter valued at about $153,000. Finally, Inspire Investing LLC bought a new stake in shares of Cantaloupe in the 3rd quarter valued at about $416,000. Institutional investors and hedge funds own 75.75% of the company’s stock.

Wall Street Analysts Forecast Growth

CTLP has been the topic of a number of analyst reports. Barrington Research reiterated an “outperform” rating and issued a $10.00 price target on shares of Cantaloupe in a research report on Monday, November 4th. Benchmark upped their price target on Cantaloupe from $10.00 to $11.00 and gave the company a “buy” rating in a research report on Friday, November 8th. Finally, Northland Securities upped their price target on Cantaloupe from $10.00 to $12.00 and gave the company an “outperform” rating in a research report on Monday, November 11th.

Cantaloupe Stock Down 4.6 %

Shares of Cantaloupe stock opened at $8.32 on Friday. Cantaloupe, Inc. has a one year low of $5.74 and a one year high of $10.48. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.60 and a quick ratio of 1.03. The stock’s 50-day moving average is $9.25 and its 200 day moving average is $8.01. The firm has a market cap of $607.24 million, a price-to-earnings ratio of 48.94 and a beta of 1.64.

Cantaloupe (NASDAQ:CTLP) last announced its earnings results on Thursday, November 7th. The technology company reported $0.04 EPS for the quarter, meeting the consensus estimate of $0.04. Cantaloupe had a return on equity of 7.53% and a net margin of 4.90%. The company had revenue of $70.84 million for the quarter, compared to analyst estimates of $70.54 million. During the same quarter in the prior year, the company earned $0.02 EPS. Equities research analysts anticipate that Cantaloupe, Inc. will post 0.32 EPS for the current year.

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.