In last trading session, Bakkt Holdings Inc (NYSE:BKKT) saw 1.88 million shares changing hands with its beta currently measuring 5.29. Company’s recent per share price level of $18.90 trading at -$7.46 or -28.30% at ring of the bell on the day assigns it a market valuation of $258.39M. That closing price of BKKT’s stock is at a discount of -110.32% from its 52-week high price of $39.75 and is indicating a premium of 70.53% from its 52-week low price of $5.57. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.42 million shares which gives us an average trading volume of 988.74K if we extend that period to 3-months.
For Bakkt Holdings Inc (BKKT), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 3.00. Splitting up the data highlights that, out of 3 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0 in the current quarter.
Bakkt Holdings Inc (NYSE:BKKT) trade information
Upright in the red during last session for losing -28.30%, in the last five days BKKT remained trading in the red while hitting it’s week-highest on Friday, 01/24/25 when the stock touched $18.90 price level, adding 40.47% to its value on the day. Bakkt Holdings Inc’s shares saw a change of -23.70% in year-to-date performance and have moved -35.19% in past 5-day. Bakkt Holdings Inc (NYSE:BKKT) showed a performance of -37.85% in past 30-days. Number of shares sold short was 0.8 million shares which calculate 8.61 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 2 to the stock, which implies a fall of -845.0% to its current value. Analysts have been projecting 2 as a low price target for the stock while placing it at a high target of 2. It follows that stock’s current price would jump 89.42% in reaching the projected high whereas dropping to the targeted low would mean a gain of 89.42% for stock’s current value.
Bakkt Holdings Inc (NYSE:BKKT)’s Major holders
Insiders are in possession of 24.42% of company’s total shares while institution are holding 23.64 percent of that, with stock having share float percentage of 31.27%. Investors also watch the number of corporate investors in a company very closely, which is 23.64% institutions for Bakkt Holdings Inc that are currently holding shares of the company. CWM, LLC is the top institutional holder at BKKT for having 262.0 shares of worth $5000.0. And as of 2024-06-30, it was holding 0.006 of the company’s outstanding shares.
The second largest institutional holder is IFP ADVISORS, INC, which was holding about 33.0 shares on 2024-06-30. The number of shares represents firm’s hold over 0.0008 of outstanding shares, having a total worth of $329.0.
On the other hand, Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024 , the former fund manager was holding 127.18 shares of worth $2.4 million or 1.96% of the total outstanding shares. The later fund manager was in possession of 115.14 shares on Sep 30, 2024 , making its stake of worth around $2.18 million in the company or a holder of 1.78% of company’s stock.
