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Cantaloupe, Inc. Chairman and CEO Increase Ownership in Company Stock

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Cantaloupe, Inc. (Nasdaq: CTLP), a global provider of end-to-end technology solutions for self-service commerce, announced that its Chairman Douglas Bergeron and CEO Ravi Venkatesan have increased their ownership in the company's stock. Bergeron purchased an additional 285,000 shares, bringing his direct ownership to over one million shares across various investment vehicles. He also holds shares through his former role at Hudson Executive Capital, Cantaloupe's largest shareholder. Venkatesan has also increased his personal stake in the company.

Both executives expressed confidence in Cantaloupe's market position and growth potential. Venkatesan stated, "I have never been more confident of our market position and our growth vectors. These investments signal our belief in the company's strategic direction and growth potential."

Cantaloupe, Inc. (Nasdaq: CTLP), un fornitore globale di soluzioni tecnologiche complete per il commercio self-service, ha annunciato che il suo Presidente Douglas Bergeron e il CEO Ravi Venkatesan hanno aumentato la loro partecipazione nelle azioni della società. Bergeron ha acquistato ulteriori 285.000 azioni, portando la sua proprietà diretta a oltre un milione di azioni tramite vari veicoli di investimento. Detiene anche azioni attraverso il suo precedente ruolo in Hudson Executive Capital, il maggiore azionista di Cantaloupe. Anche Venkatesan ha incrementato la sua partecipazione personale nella società.

Entrambi i dirigenti hanno espresso fiducia nella posizione di mercato e nel potenziale di crescita di Cantaloupe. Venkatesan ha dichiarato: "Non sono mai stato così sicuro della nostra posizione di mercato e delle nostre direttrici di crescita. Questi investimenti segnano la nostra convinzione nella direzione strategica della società e nel suo potenziale di crescita."

Cantaloupe, Inc. (Nasdaq: CTLP), un proveedor global de soluciones tecnológicas de extremo a extremo para el comercio de autoservicio, anunció que su Presidente Douglas Bergeron y el CEO Ravi Venkatesan han aumentado su participación en las acciones de la empresa. Bergeron compró 285,000 acciones adicionales, lo que eleva su propiedad directa a más de un millón de acciones a través de varios vehículos de inversión. También posee acciones a través de su anterior papel en Hudson Executive Capital, el mayor accionista de Cantaloupe. Venkatesan también ha incrementado su participación personal en la compañía.

Ambos ejecutivos expresaron confianza en la posición de mercado y el potencial de crecimiento de Cantaloupe. Venkatesan declaró: "Nunca he estado tan seguro de nuestra posición en el mercado y de nuestros vectores de crecimiento. Estas inversiones señalan nuestra creencia en la dirección estratégica de la compañía y su potencial de crecimiento."

캔탈루프, Inc. (Nasdaq: CTLP)는 셀프 서비스 상거래를 위한 포괄적인 기술 솔루션을 제공하는 글로벌 기업으로, 회장 더글라스 버저론과 CEO 라비 벤카테산이 회사의 주식 소유를 증가시켰다고 발표했다. 버저론은 추가로 285,000주를 구입하여 그의 직접 소유량을 백만 주 이상으로 늘렸다. 그는 또한 캔탈루프의 최대 주주인 허드슨 이그제큐티브 캐피탈을 통해 주식을 보유하고 있다. 벤카테산 또한 회사에 대한 개인의 지분을 증가시켰다.

두 임원 모두 캔탈루프의 시장 위치와 성장 가능성에 대한 자신감을 표현했다. 벤카테산은 "나는 우리 시장 위치와 성장 벡터에 그 어느 때보다 자신감이 있다. 이러한 투자는 회사의 전략적 방향 및 성장 가능성에 대한 우리의 믿음을 나타낸다"고 말했다.

Cantaloupe, Inc. (Nasdaq: CTLP), un fournisseur mondial de solutions technologiques de bout en bout pour le commerce en libre-service, a annoncé que son Président Douglas Bergeron et son CEO Ravi Venkatesan ont augmenté leur participation dans les actions de l'entreprise. Bergeron a acheté 285 000 actions supplémentaires, portant ainsi sa propriété directe à plus d'un million d'actions à travers divers véhicules d'investissement. Il détient également des actions par le biais de son ancien rôle chez Hudson Executive Capital, le principal actionnaire de Cantaloupe. Venkatesan a également augmenté sa participation personnelle dans l'entreprise.

Les deux dirigeants ont exprimé leur confiance dans la position de marché et le potentiel de croissance de Cantaloupe. Venkatesan a déclaré : "Je n'ai jamais été aussi confiant dans notre position sur le marché et nos vecteurs de croissance. Ces investissements signalent notre croyance dans la direction stratégique de l'entreprise et son potentiel de croissance."

Cantaloupe, Inc. (Nasdaq: CTLP), ein globaler Anbieter von Ende-zu-Ende-Technologielösungen für den Selbstbedienungs-Handel, gab bekannt, dass Vorsitzender Douglas Bergeron und CEO Ravi Venkatesan ihren Eigentumanteil an den Aktien des Unternehmens erhöht haben. Bergeron erwarb zusätzlich 285.000 Aktien, wodurch sein direkter Besitz auf über eine Million Aktien in verschiedenen Anlagevehikeln steigt. Er hält auch Aktien aus seiner früheren Rolle bei Hudson Executive Capital, dem größten Aktionär von Cantaloupe. Venkatesan hat ebenfalls seinen persönlichen Anteil am Unternehmen erhöht.

Beide Führungskräfte äußerten ihr Vertrauen in die Marktposition und das Wachstumspotenzial von Cantaloupe. Venkatesan erklärte: "Ich war noch nie so zuversichtlich hinsichtlich unserer Marktposition und unserer Wachstumsrichtungen. Diese Investitionen signalisieren unseren Glauben an die strategische Ausrichtung und das Wachstumspotenzial des Unternehmens."

Positive
  • Chairman Douglas Bergeron purchased 285,000 additional shares
  • CEO Ravi Venkatesan increased his personal stake in the company
  • Executives express strong confidence in company's market position and growth potential
Negative
  • None.

Insights

The increased stock purchases by Cantaloupe's Chairman and CEO are a strong vote of confidence in the company's future. Douglas Bergeron's acquisition of 285,000 additional shares, bringing his direct ownership to over 1 million shares, is particularly significant. This level of insider buying often signals management's belief in undervaluation or positive future prospects.

However, without specific financial figures or growth projections, it's challenging to quantify the impact. The market cap of 541,557,396 suggests Cantaloupe is a small-cap company, where insider transactions can have a more pronounced effect on investor sentiment. While this news is generally positive, investors should also consider broader financial metrics and industry trends before making investment decisions.

The fact that the CEO, Ravi Venkatesan, has also increased his stake adds weight to the bullish signal. His statement about confidence in the company's market position and growth vectors suggests potential upcoming positive developments, but without concrete details, it remains speculative.

Increased Stock Position Solidifies Confidence in Cantaloupe’s Market Position and Growth Potential

MALVERN, Pa.--(BUSINESS WIRE)-- Cantaloupe, Inc. (Nasdaq: CTLP), a global leading provider of end-to-end technology solutions for self-service commerce, announced that its Chairman of the Board Douglas Bergeron, and CEO Ravi Venkatesan, have recently increased their respective positions of the company's stock, reinforcing their confidence in the company's future growth and market position.

Bergeron has purchased an additional 285,000 shares of Cantaloupe, Inc. stock, bringing his direct ownership across various investment vehicles to more than one million shares. Additionally, Bergeron holds shares through his former role as co-Managing Partner of Hudson Executive Capital, Cantaloupe’s largest shareholder.

Additionally, Cantaloupe, Inc. CEO Ravi Venkatesan has increased his personal stake in the company. “I have never been more confident of our market position and our growth vectors, These investments by both Bergeron and myself signal our belief in the company’s strategic direction and growth potential,” said Venkatesan.

To learn more about Cantaloupe, Inc., visit cantaloupe.com.

About Cantaloupe, Inc.

Cantaloupe, Inc. (Nasdaq: CTLP), is a global technology leader powering self-service commerce. Cantaloupe offers a comprehensive suite of solutions including micro-payment processing, self-checkout kiosks, mobile ordering, connected point of sale systems, and enterprise cloud software. Handling more than a billion transactions annually, Cantaloupe’s solutions enhance operational efficiency and consumer engagement across sectors like food & beverage markets, smart automated retail, hospitality, entertainment venues and more. Committed to innovation, Cantaloupe drives advancements in digital payments and business optimization, serving over 30,000 customers in the U.S., U.K., EU countries, Australia, and Mexico. For more information, visit cantaloupe.com or follow us on LinkedIn, Twitter (X), Facebook, Instagram or YouTube.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements about the company’s future growth, market position, and investment strategies. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those anticipated in these statements. Factors that could cause or contribute to such differences include, but are not limited to, general economic conditions, competitive conditions, and other risks described in Cantaloupe, Inc.’s filings with the Securities and Exchange Commission. The company undertakes no obligation to update any forward-looking statements as a result of new information, future events, or otherwise.

Cashtag $CTLP

G-CTLP

Jenifer Howard | 202-273-4246

jhoward@jhowardpr.com

media@cantaloupe.com

Source: Cantaloupe, Inc.

FAQ

How many additional shares did Cantaloupe's Chairman Douglas Bergeron purchase?

Douglas Bergeron purchased an additional 285,000 shares of Cantaloupe, Inc. (CTLP) stock.

What is Douglas Bergeron's total direct ownership in Cantaloupe (CTLP) after the recent purchase?

After the recent purchase, Douglas Bergeron's direct ownership across various investment vehicles is more than one million shares of Cantaloupe, Inc. (CTLP).

Did Cantaloupe's CEO Ravi Venkatesan also increase his stake in the company?

Yes, Cantaloupe's CEO Ravi Venkatesan has also increased his personal stake in the company, although the specific amount was not disclosed.

What does the increased stock ownership by Cantaloupe's executives signify?

The increased stock ownership by Cantaloupe's executives signifies their confidence in the company's market position, strategic direction, and growth potential.

Cantaloupe, Inc.

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Information Technology Services
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