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Cantaloupe Inc NASDAQ:CTLP Chief Financial Officer Stewart Scott Matthew sold 62,830 shares of common stock on September 18, 2025, at a price of $10.63, for a total transaction value of $667,882. The transaction occurred as CTLP shares have seen a substantial 26.3% price increase over the past six months, with the current price at $10.71.
According to a Form 4 filing with the Securities and Exchange Commission, the transaction resulted in Stewart’s direct ownership following the transaction being 53,009 shares. With a market capitalization of $789 million and a P/E ratio of 13.35, Cantaloupe currently trades slightly below its Fair Value according to InvestingPro analysis, which also rates the company’s overall financial health as "GREAT." Investors seeking deeper insights can access comprehensive Pro Research Reports covering CTLP and 1,400+ other US equities through InvestingPro.
In other recent news, Cantaloupe, Inc. announced that Gaurav Singal, the company’s Chief Technology Officer, will be departing effective October 7 to pursue another opportunity. The company clarified that his departure is not due to any disagreement regarding its operations or policies. Meanwhile, Cantaloupe and 365 Retail Markets, LLC have received a second request from the U.S. Federal Trade Commission for additional information concerning their proposed merger. This request extends the regulatory review period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976. The waiting period will continue until 30 days after both companies comply with the FTC’s request unless terminated earlier. In related industry news, ConstructConnect has appointed Gaurav Singal as its new Chief Technology Officer. Singal will oversee product development, IT, security, quality assurance, and development operations at ConstructConnect. These developments highlight significant leadership changes and regulatory processes impacting Cantaloupe, Inc.
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