Geode Capital Management LLC trimmed its stake in shares of Bakkt Holdings, Inc. (NYSE:BKKT - Free Report) by 55.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 64,514 shares of the company's stock after selling 81,271 shares during the quarter. Geode Capital Management LLC owned approximately 0.48% of Bakkt worth $618,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other large investors have also bought and sold shares of the stock. International Assets Investment Management LLC bought a new stake in shares of Bakkt in the third quarter worth about $2,020,000. Cubist Systematic Strategies LLC bought a new stake in shares of Bakkt in the 2nd quarter worth approximately $132,000. Point72 DIFC Ltd purchased a new position in shares of Bakkt during the second quarter valued at approximately $118,000. Barclays PLC purchased a new position in shares of Bakkt during the third quarter valued at approximately $28,000. Finally, Headlands Technologies LLC bought a new position in shares of Bakkt during the second quarter valued at approximately $54,000. 11.11% of the stock is owned by hedge funds and other institutional investors.
Bakkt Price Performance
NYSE:BKKT traded down $0.47 during trading hours on Friday, hitting $24.94. The company had a trading volume of 162,291 shares, compared to its average volume of 302,745. The stock has a 50-day moving average price of $23.92 and a 200 day moving average price of $17.38. The company has a market capitalization of $340.95 million, a PE ratio of -2.04 and a beta of 5.48. Bakkt Holdings, Inc. has a 52 week low of $5.57 and a 52 week high of $49.50.
Bakkt Company Profile
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Free Report)
Bakkt Holdings, Inc offers software as a service and application programming interface solutions for crypto and loyalty, powering engagement, and performance. The company operates Bakkt Marketplace, a platform that enables consumers to buy, sell, and store crypto in an embedded web experience; Bakkt Crypto, a platform that supports clients with a range of crypto solutions; and Bakkt Trust, institutional-grade qualified custody solution for market participants.
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