Marc D'Annunzio Sells Bakkt Shares
Bakkt's General Counsel, Marc D'Annunzio, sold 1,562 shares in a planned transaction.
Key Points
- Marc D'Annunzio, Bakkt's General Counsel, sold 1,562 shares at $7.93 each, totaling $12,386.66, on June 25, 2026.
- Bakkt shares traded near $8.44 on Tuesday, with a market cap of $377.3 million and a forward P/E of 8.79.
- BlackRock increased its Bakkt stake by 164,229 shares, while Alyeska Investment Group opened a new position with 1,023,810 shares.
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On June 25, 2026, Marc D'Annunzio, General Counsel and Secretary of Bakkt, Inc. (NYSE:BKKT), sold 1,562 shares of the company. The shares were sold at an average price of $7.93, amounting to a total transaction value of $12,386.66. This sale was part of a planned transaction.
Insider Buying and Selling at Bakkt, Inc.
Marc D'Annunzio, in his capacity as General Counsel & Secretary, executed a planned sale of 1,562 shares on June 25, 2026, at $7.93 per share. This transaction followed another planned sale by D'Annunzio on June 26, 2026, where he sold 1,357 shares at $7.71 per share. Other recent insider transactions include sales by Karen Alexander, the CFO, who sold 1,907 shares at $7.93 on June 25, 2026, and Nicholas Baes, COO, who sold 1,562 shares at the same price and date.
Other Institutional Activity in Bakkt, Inc.
In recent institutional activity, BlackRock, Inc. increased its holdings in Bakkt by 164,229 shares, bringing its total to 1,153,865 shares, valued at approximately $8.49 million. Alyeska Investment Group, L.P. established a new position with 1,023,810 shares worth about $7.54 million. Tidal Investments LLC significantly boosted its stake by 817,424 shares, totaling 947,547 shares valued at $6.97 million. Meanwhile, Weiss Asset Management LP trimmed its holdings by 134,110 shares to 678,530 shares, valued at $4.99 million. Vanguard Capital Management LLC also opened a new position with 623,335 shares, valued at $4.59 million.
Bakkt, Inc. Stock Up 7.7%
Shares of Bakkt, Inc. (NYSE:BKKT) traded near $8.44 on Tuesday. The company has a market capitalization of approximately $377.3 million and a forward P/E ratio of 8.79. Bakkt's stock has experienced significant volatility, with a 52-week range between $6.87 and $49.79. The stock's 50-day moving average is $9.16, while the 200-day moving average stands at $14.52. Bakkt maintains a strong liquidity position with a current ratio of 4.13 and a quick ratio of 2.97, alongside a low debt-to-equity ratio of 0.046.
$BKKT stock price
Daily closing prices, year to date. Not investment advice.
Analysts Set New Price Targets
Recent analyst activity includes Clear Street maintaining a 'buy' rating with a price target of $21.00 on March 20, 2026. Benchmark also maintained its 'buy' rating with a target of $22.00 on March 18, 2026. The consensus among analysts is a 'buy' rating, with a mean target price of $19.00, based on one analyst opinion.
About Bakkt, Inc.
Bakkt, Inc., headquartered in Atlanta, Georgia, operates in the technology sector, focusing on software infrastructure. The company provides digital financial infrastructure, enabling institutions to offer secure digital asset brokerage, trading, and payment capabilities. Bakkt serves a diverse clientele, including financial institutions, hedge funds, and retailers, offering its services across the United States, Latin America, Europe, and Asia. Founded in 2018, Bakkt has grown its reach through strategic investments and partnerships.
Bottom Line
Marc D'Annunzio's planned sale of Bakkt shares is part of routine insider trading activity, which investors often monitor for insights into company sentiment. Bakkt's volatile stock performance and recent institutional interest highlight its dynamic position in the digital financial infrastructure space. As always, it's important to remember that insider transactions are disclosed after they occur and may not reflect the current sentiment or future performance forecasts.
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This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.