In the last trading session, 1.04 million shares of the Bakkt Holdings Inc (NYSE:BKKT) were traded, and its beta was 5.25. Most recently the company’s share price was $18.06, and it changed around -$2.97 or -14.12% from the last close, which brings the market valuation of the company to $255.58M. BKKT currently trades at a discount to its 52-week high of $37.21, offering almost -106.04% off that amount. The share price’s 52-week low was $6.81, which indicates that the current value has risen by an impressive 62.29% since then. We note from Bakkt Holdings Inc’s average daily trading volume that its 10-day average is 0.78 million shares, with the 3-month average coming to 543.91K.
Bakkt Holdings Inc (NYSE:BKKT) trade information
Instantly BKKT has showed a red trend with a performance of -14.12% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 25.65 on recent trading dayincreased the stock’s daily price by 29.59%. The company’s shares are currently down -5.05% year-to-date, but still down -20.69% over the last five days. On the other hand, Bakkt Holdings Inc (NYSE:BKKT) is 39.68% up in the 30-day period. We can see from the shorts that 1.76 million shares have been sold at a short interest cover period of 2.68 day(s).
The consensus price target as assigned by Wall Street analysts is $2, which translates to bulls needing to decrease their stock price by -803.0% from its current value. Analyst projections state that BKKT is forecast to be at a low of $2 and a high of $2.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -14.18%.
BKKT Dividends
Bakkt Holdings Inc’s next quarterly earnings report is expected to be released on 2024-Nov-14.
Bakkt Holdings Inc (NYSE:BKKT)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 23.64% of Bakkt Holdings Inc shares, and 20.72% of them are in the hands of institutional investors. The stock currently has a share float of 27.13%. Bakkt Holdings Inc stock is held by 67.0 institutions, with HORIZON KINETICS ASSET MANAGEMENT LLC being the largest institutional investor. By 2024-06-30, it held 7.2908% of the shares, which is about 0.45 million shares worth $8.5 million.
SUSQUEHANNA INTERNATIONAL GROUP, LLP, with 5.3167% or 0.33 million shares worth $6.2 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and Fidelity Covington TRT-Fidelity Crypto Industry and Digital Payments E were the top two Mutual Funds as of Mar 31, 2025 . The former held 146.48 shares worth $2.65 million, making up 2.10% of all outstanding shares. On the other hand, Fidelity Covington TRT-Fidelity Crypto Industry and Digital Payments E held roughly 115.69 shares worth around $2.09 million, which represents about 1.66% of the total shares outstanding.
