Director Bergeron Douglas purchased 284,000 shares at blended average $7.40 across 3 transactions, increasing stake to 462,319 shares (+159.3%)
Bergeron Douglas, a Director at Cantaloupe Inc., executed 3 separate purchases totaling 284,000 shares for $2,100,834.84 between September 26 and September 30, 2024. The blended average purchase price of $7.40 is aligned with the current market price of $7.40 and sits within the 52-week range of $5.79–$7.83. The purchases more than doubled his holding from 178,319 shares to 462,319 shares, representing a 159.3% increase in his equity stake. The company is currently valued at $540.1M market cap with trailing P/E of 22.42 and reported latest-quarter revenue of $67.9M with net income of $4.7M, indicating profitability and a 10.2% year-over-year revenue growth rate.