CTO Singal Gaurav sold 200,000 shares of CTLP at $10.63, reducing stake by 83.1% to 40.5K shares
Chief Technology Officer Singal Gaurav executed a substantial reduction in his CANTALOUPE, INC. holdings, selling 200,000 shares at $10.63 on 2025-09-18 for a total value of $2,126,000.00, leaving him with 40.5K shares post-transaction. This represents a -83.1% reduction relative to his pre-transaction holdings of 240.5K shares. The sale price of $10.63 sits -4.7% from the 52-week high of $11.15, within the 52-week range of $6.33–$11.15. The company's recent fundamentals show strong profitability—$49.2M net income on $75.4M quarterly revenue with +12.6% annual revenue growth and a P/E of 6.95—suggesting operational health, but the magnitude of the CTO's stake reduction (from 240.5K to 40.5K shares) warrants investor attention to understand the rationale behind such a material portfolio adjustment.