Jane J. Thompson Acquires 20,000 Shares of Katapult Holdings, Inc. (NASDAQ:KPLT) Stock

Katapult Holdings, Inc. (NASDAQ:KPLTGet Rating) Director Jane J. Thompson acquired 20,000 shares of the business’s stock in a transaction that occurred on Monday, December 5th. The shares were purchased at an average cost of $1.24 per share, with a total value of $24,800.00. Following the transaction, the director now directly owns 248,134 shares of the company’s stock, valued at $307,686.16. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website.

Katapult Trading Up 1.6 %

KPLT opened at $1.24 on Friday. Katapult Holdings, Inc. has a twelve month low of $0.77 and a twelve month high of $4.14. The company has a 50-day simple moving average of $0.97 and a 200 day simple moving average of $1.16. The company has a quick ratio of 7.65, a current ratio of 7.65 and a debt-to-equity ratio of 4.67. The stock has a market capitalization of $122.08 million, a price-to-earnings ratio of -7.29 and a beta of 1.17.

Institutional Investors Weigh In On Katapult

Several institutional investors and hedge funds have recently bought and sold shares of the company. State Street Corp lifted its position in Katapult by 5.5% during the first quarter. State Street Corp now owns 186,975 shares of the company’s stock worth $445,000 after purchasing an additional 9,775 shares during the period. BlackRock Inc. lifted its holdings in shares of Katapult by 1.0% in the first quarter. BlackRock Inc. now owns 961,874 shares of the company’s stock worth $2,289,000 after acquiring an additional 9,971 shares during the last quarter. Brown Brothers Harriman & Co. bought a new position in shares of Katapult in the first quarter worth about $27,000. Cresset Asset Management LLC bought a new position in shares of Katapult in the first quarter worth about $30,000. Finally, ExodusPoint Capital Management LP bought a new position in shares of Katapult in the second quarter worth about $25,000. Institutional investors own 27.20% of the company’s stock.

Katapult Company Profile

(Get Rating)

Katapult Holdings, Inc, an e-commerce focused financial technology company, provides e-commerce point-of-sale lease-purchase options for nonprime consumers in the United States. The company's technology platform provides nonprime consumers with a lease purchase option to enable them to obtain durable goods from its network of e-commerce merchants.

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