Barclays PLC Takes Position in Bakkt Holdings, Inc. (NYSE:BKKT)

Barclays PLC purchased a new stake in shares of Bakkt Holdings, Inc. (NYSE:BKKT) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 2,936 shares of the company’s stock, valued at approximately $28,000.

Other large investors have also recently added to or reduced their stakes in the company. Headlands Technologies LLC acquired a new position in Bakkt in the 2nd quarter valued at approximately $54,000. Point72 DIFC Ltd bought a new stake in Bakkt in the second quarter worth approximately $118,000. Cubist Systematic Strategies LLC bought a new stake in Bakkt in the second quarter worth approximately $132,000. Finally, International Assets Investment Management LLC bought a new stake in Bakkt in the third quarter worth approximately $2,020,000. Institutional investors and hedge funds own 11.11% of the company’s stock.

Bakkt Stock Down 1.8 %

BKKT stock opened at $24.94 on Friday. The company has a market capitalization of $340.95 million, a price-to-earnings ratio of -2.04 and a beta of 5.48. Bakkt Holdings, Inc. has a 12 month low of $5.57 and a 12 month high of $49.50. The firm has a 50 day moving average of $23.92 and a two-hundred day moving average of $17.39.

Bakkt Profile

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.