BKKT

Bakkt, Inc.
NYSEUSDEQUITY Technology DELAYED
Last price
7.35
▼ 0.22 (2.91%)
MARKET · —

Price

1D — H — L — Range — Vol —
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
7.36
Prev close
7.57
Day high
7.81
Day low
7.32
Volume
893.92K
Market cap
$331.26M
P/E (TTM)
—
52W range
6.71 – 47.18

Day trading desk

Current session · delayed
Gap from prior close
-2.77%
Prior close 7.57
VWAP
—
—
Relative volume
0.00×
Quiet session
Session range
0.27%
7.35 – 7.37
Position in range
0%
Near session low
ATR (14D)
0.68
9.28% of price
Prior day high
7.91
PDH
Prior day low
7.48
PDL
Bid / ask spread
—
Quote not published
Session volume
—
Avg 1.25M

VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.

Trailing performance

Price return · vs SPY
Returnvs SPY
1W
-9.26% -11.2%
1M
-11.76% -12.9%
3M
-12.08% -16.6%
6M
-3.67% -21.9%
YTD
-26.79% -41.0%
1Y
-81.80% -98.2%
3Y
-74.87% -157.1%
5Y
— —

Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.

Unusual options activity

Account required
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
Free account required

Contracts trading at or above their open interest, ranked by notional and where the print landed.

Free account

5 more panels on BKKT open with an account.

Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.

Insider net activity

6m · Form 4 rollup
Net shares
+9.10M
Net buying
Buy transactions
8
9.13M shares
Sell transactions
11
23.55K shares
Net transactions
+19
Buys less sells
Sell : buy shares
0.0 : 1
Mixed
Insider-held shares
18.13M
Total on file
Bought 9.13MSold 23.55K

Insider transactions

Account required
DateInsiderAction SharesValueHeld
Aug 18, 26
ALFRED MICHAEL
Director
BUY 296.57K $2.11M Indirect
Jul 15, 26
D'ANNUNZIO MARC
General Counsel
SELL 539 $4.55K Direct
Jul 15, 26
ALEXANDER KAREN
Chief Financial Officer
SELL 657 $5.54K Direct
Jul 15, 26
HENDERSON JOSEPH SEAN-WALSH
Officer
SELL 94 $783 Direct
Jun 26, 26
D'ANNUNZIO MARC
General Counsel
SELL 2.92K $22.85K Direct
Jun 25, 26
ALEXANDER KAREN
Chief Financial Officer
SELL 1.91K $15.12K Direct
Jun 25, 26
HENDERSON JOSEPH SEAN-WALSH
Officer
SELL 349 $2.77K Direct
Jun 25, 26
BAES NICHOLAS
Chief Operating Officer
SELL 1.56K $12.39K Direct
Jun 10, 26
ALFRED MICHAEL
Director
BUY 280.00K $2.17M Indirect
May 18, 26
ALFRED MICHAEL
Director
BUY 585.00K $4.85M Indirect
May 15, 26
D'ANNUNZIO MARC
General Counsel
CONVERSION 1.68K $16.77K Direct
May 15, 26
ALEXANDER KAREN
Chief Financial Officer
CONVERSION 335 $3.35K Direct
May 15, 26
BAES NICHOLAS
Chief Operating Officer
CONVERSION 671 $6.71K Direct
May 15, 26
NAHETA AKSHAY SUDHIR
Chief Executive Officer
CONVERSION 33.56K $335.57K Direct
What this is, and what it is not

These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.

A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.

This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.

Free account required

Officer and director trades in their own stock, straight from Form 4 filings.

Insider holders

10 reporting
NameRelationShares heldLatest
ALEXANDER KAREN
Chief Financial Officer 53.54K Sale
ALFRED MICHAEL
Director — Purchase
BAES NICHOLAS
Chief Operating Officer 105.38K Sale
COLLINS SEAN ROBERTS
Director 63.43K Stock Award(Grant)
D'ANNUNZIO MARC
General Counsel 108.28K Sale
DOW DE'ANA
Director 39.27K Stock Award(Grant)
INTERCONTINENTAL EXCHANGE, INC.
Beneficial Owner of more than 10% of a Class of Security — Conversion of Exercise of derivative security
MAIN ANDREW A
Chief Executive Officer 431.96K Sale
NAHETA AKSHAY SUDHIR
Chief Executive Officer 9.09M Conversion of Exercise of derivative security
WATSON GORDON
Director 46.91K Stock Award(Grant)

Fundamentals

TTM · reported
Market cap$331.26M
Enterprise value$279.47M
Revenue (TTM)$1.12B
Gross profit$-109.89M
EBITDA$-117.95M
Net income$-2.83M
EPS (TTM)$-3.67
Free cash flow$-33.94M
Total cash$51.85M
Total debt$63.00K
Book value / share$7.87
Shares outstanding45.07M
Float35.92M
Short % of float26.04%
Dividend yield0.00%
Beta (5Y)6.07

Valuation & profitability ratios

Account required
Trailing P/E—
Forward P/E7.66
PEG ratio—
Price / sales—
Price / book0.93
EV / revenue0.25
EV / EBITDA-2.37
Gross margin-9.85%
Operating margin-10.79%
Profit margin-2.78%
Return on equity-10.17%
Return on assets-25.01%
Debt / equity0.02
Current ratio3.14
Free account required

Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.

Financial statements

As reported · 5 years · 6 quarters
Blank means not reported, not zero
Line item2025202420232022YoY
Total revenue $2.34B$3.44B$726.99M$56.22M -32.1%
Operating revenue $2.34B$3.44B$726.99M$56.22M -32.1%
Cost of revenue $2.31B$3.40B$718.51M$1.66M -32.2%
Gross profit $26.85M$37.85M$8.48M$54.57M -29.1%
Selling, general & admin $122.56M$86.37M$99.03M$203.03M +41.9%
Total operating expense $168.57M$111.37M$119.41M$231.89M +51.4%
Operating income -$141.71M-$73.52M-$110.93M-$177.32M -92.8%
Net interest income $791.00K$4.32M$4.34M$1.88M -81.7%
Pre-tax income -$97.38M-$94.30M-$153.30M-$2.00B -3.3%
Tax provision -$49.00K$110.00K$355.00K-$11.32M -144.5%
Net income -$107.21M-$46.66M-$74.85M-$578.11M -129.8%
Net income to common -$107.21M-$46.66M-$74.85M-$578.11M -129.8%
Basic EPS -8.87-7.97-21.01-203.08 -11.3%
Diluted EPS -8.87-7.97-21.01-203.08 -11.3%
EBIT -$141.71M-$73.52M-$110.93M-$177.32M -92.8%
EBITDA -$141.11M-$73.18M-$97.00M-$151.97M -92.8%
Basic shares 25.52M5.86M3.56M2.85M +335.6%
Diluted shares 25.52M5.86M3.56M2.85M +335.6%

Options analytics

Account required
Put / call volume
0.10
Call-heavy session
Put / call open interest
—
Positioning, not flow
Max pain
1.00
-86.4% from spot
ATM implied vol
6.3%
Nearest strike to spot
Skew (10% OTM)
0.0%
Calls bid over puts
Call volume
473
Contracts, this expiry
Put volume
46
Contracts, this expiry
Heaviest call OI
1.00
0 contracts
Heaviest put OI
7.00
0 contracts

Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.

Free account required

Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.

Earnings

History & consensus estimates
Reported vs expected · EPS
QuarterEst.ActualSurprise
Jun 2026 0.07-0.34 -586.6%
Mar 2026 -0.10-0.58 -475.4%
Dec 2025 -0.47-6.40 -1,260.7%
Sep 2025 -0.502.47 +593.7%
Forward consensus
PeriodEPSAnalystsRevenueGrowth
Current quarter 0.50 1 $375.51M -6.6%
Next quarter 0.52 1 $410.75M +37.3%
Current year 2.55 1 $1.20B -48.6%
Next year — — $0 —

Analyst targets & ownership

Account required
Mean target$12.00
High target$12.00
Low target$12.00
Implied upside63.27%
Analyst count1
ConsensusNONE
Strong buy / Buy0 / 1
Hold0
Sell / Strong sell0 / 0
Held by insiders40.22%
Held by institutions28.53%
Institutions holding153
Free account required

Price targets, consensus spread, insider and institutional ownership.

Moving averages & technicals

Computed from 2Y daily closes
SMA 10
8.07
-8.90% from price
SMA 20
8.16
-9.89% from price
SMA 50
7.86
-6.48% from price
SMA 100
8.34
-11.89% from price
SMA 200
9.55
-23.03% from price
EMA 12
7.95
-7.50% from price
EMA 26
8.04
-8.53% from price
EMA 50
8.06
-8.85% from price
RSI (14)
42.4
Neutral
MACD (12,26,9)
-0.09
Hist -0.14
ATR (14)
0.68
9.28% of price
Realised vol 30D
89.8%
Annualised
Bollinger upper
9.44
20, 2σ
Bollinger lower
6.87
20, 2σ
50 / 200 cross
Death
7.86 vs 9.55
Trend bias
Below 200
-23.03%

Options chain

Account required
Expiry
Spot 7.35
Calls
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Puts
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Free account required

Every listed expiry, both sides of the book, with volume, open interest and implied volatility.

Risk profile

Daily returns · 1Y window
Beta vs SPY
4.16
More volatile than market
Correlation to SPY
0.48
Loosely linked
Realised vol 30D
89.8%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-84.8%
Peak to trough
Max drawdown 5Y
-99.4%
Peak to trough
ATR 14
0.68
9.28% of price
Beta (reported)
6.07
5Y monthly, from filing

Short interest

Semi-monthly exchange report · lags by ~2 weeks
Shares short
6.13M
Prior 6.14M
Change vs prior
-0.2%
Shorts covering
% of float
26.04%
Heavily shorted
% of shares out
13.61%
Against total outstanding
Days to cover
4.1
Liquid
Float
35.92M
Freely tradeable shares

Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.

Rating changes

18 on file
DateFirm ActionFromTo
Aug 12, 26 Benchmark MAINTAINED Buy Buy
Mar 20, 26 Clear Street MAINTAINED Buy Buy
Mar 18, 26 Benchmark MAINTAINED Buy Buy
Sep 8, 25 Benchmark INITIATED — Buy
Mar 27, 24 Citigroup MAINTAINED Sell Sell
Mar 26, 24 Rosenblatt MAINTAINED Buy Buy
Mar 1, 24 Rosenblatt MAINTAINED Buy Buy
Nov 15, 23 Rosenblatt MAINTAINED Buy Buy
Aug 11, 23 Rosenblatt MAINTAINED Buy Buy
May 12, 23 Rosenblatt MAINTAINED Buy Buy
Mar 31, 23 Rosenblatt MAINTAINED — Buy
Mar 10, 23 Rosenblatt MAINTAINED — Buy

Dividends & splits

Declared · from the issuer
Forward rate—
Forward yield0.00%
5-year avg yield—
Payout ratio—
Ex-dividend date—
Next pay date—
Last split1:25
Split dateApr 29, 2024

PRIVATE STRATEGY · BY QUALIFICATION

The same data. A different seat.

The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.