Cantaloupe, Inc. (CTLP)

Cantaloupe, Inc.'s stock traded between a 52-week high of $11.36 and a low of $7.01. As of February 6, 2026, the closing stock price was $10.66. In June 2025, Cantaloupe announced a definitive agreement to be acquired by 365 Retail Markets for $848 million, with 365 Retail agreeing to pay $11.20 per share. In September 2025, Cantaloupe received a second request from the Federal Trade Commission (FTC) regarding this planned sale. In November 2025, the stock dropped by 1.3% following a report on the FTC's review, which cited third-party complaints about interoperability and bundling. Cantaloupe delivered a strong Q2 FY2025, exceeding expectations with a 13% year-over-year increase in total revenue to $73.7 million and a 26% year-over-year increase in Adjusted EBITDA to $10.7 million.

Information directly detailing the demand seasonality for Cantaloupe, Inc.'s products and services is not explicitly provided. The company operates within the unattended retail market, which includes vending machines, micro markets, and self-service kiosks. The broader vending and micro market industry experienced a 12% growth in total revenue in 2022, with an increase in serviced locations. The expansion into new verticals suggests a diversification of customer base that might help mitigate any specific seasonal fluctuations tied to a single type of location.

Cantaloupe, Inc. is a technology solutions provider modernizing the unattended retail industry. It operates in the Technology sector, specifically Information Technology Services, and focuses on how consumers access goods and services outside traditional brick-and-mortar environments. Cantaloupe offers integrated hardware and software to enhance the efficiency, profitability, and customer experience for operators of vending machines, self-checkout kiosks, laundromats, and other unattended retail points. Its major products and services include payment processing and management solutions, the Seed Software Platform, ePort Devices, Smart Stores, and expansion into sports, festival, and entertainment venues through the acquisition of Cheq Lifestyle Technologies.

Cantaloupe, Inc. has a significant market presence across North America. The company also has an expanding global reach, with solutions used in Europe and Australia. Its European capabilities were further boosted by the acquisition of SB Software in the UK.

Cantaloupe's brand reputation appears to be largely positive, driven by its innovative technology and strong financial performance. The Seed platform has a reputation for providing innovative software features and functionality. The successful launch and positive reception of new products like Smart Stores have also contributed to a favorable image. A partnership with Mastercard for the Priceless Planet Coalition further demonstrates effective brand engagement. However, the Federal Trade Commission's (FTC) review of Cantaloupe's planned acquisition by 365 Retail Markets could potentially introduce some reputational challenges, particularly concerning competition in the micro markets sector.

As of September 2025, Cantaloupe, Inc. had 174 active institutional owners and shareholders, with institutional ownership rising to 94.4% from 81.8% in June 2025. These institutions collectively increased their stake to 69.24 million shares. Hudson Executive Capital LP held the largest shareholding position with over 9.27 million shares, representing 12.64% of total outstanding shares. Ravi Venkatesan, the Chief Executive Officer appointed in October 2022, directly owns approximately 1.66% of the company's shares as of November 2025.