NYSE · BKKT

Bakkt, Inc.

Closing price · Nov 13, 2026 $3.38

Last insider buy price $7.12 Paid by Director Michael Alfred on Aug 18, 2026 (Form 4). Not today's price.

Latest quarter · ended Sep 30, 2026

Cash got weaker

descriptionFiled Nov 9, 2026

Cash from operationsBetter

−$17.9M

Dec '24Sep '26

vs. −$46.7M a year ago

Share countDiluting

+47.7%

Dec '24Sep '26

45.13M shares vs. 30.56M a year ago

Numbers come from the company's own 10-Q and 10-K reports filed with the SEC. Each bar is one quarter, oldest on the left. The colored bar is the latest. Hover over or tap a bar to see its number.

Smart money pulse

What insiders and funds are doing

Mixed Insiders: as of Nov 13 Funds: as of Jun 30, 2026

account_balance
1 fund bought, 1 sold in the quarter ended Jun 30, 2026, counting funds that hold 500 stocks or fewer and $1M+ of this one. Index funds and banks are left out.
info
13 real insider sales in 12 months. $160K in total, not counting planned sales.

−100 means everyone selling, +100 everyone buying. This is data, not advice.

How the Pulse works

Pulse runs from −100 (everyone selling) to +100 (everyone buying). Half comes from insiders: real buyers vs. real sellers in the last 90 days (Form 4). Half comes from funds: funds that bought vs. funds that sold last quarter (13F). 13F is a snapshot of long positions on the last day of the quarter, filed up to 45 days later. It does not show short positions or trades since then.

Who owns it

101 funds report owning BKKT, down from 104

Holdings as of Jun 30, 2026

New19

Added49

Held11

Trimmed22

Sold out22

Last quarter

Who bought and who sold

Apr–Jun 2026

Alpine Fox Capital LLC

+2162%

Horizon Kinetics Asset Management LLC

−12%

Change in shares held from Mar 31 to Jun 30, 2026, biggest holdings first. Only funds that hold 500 stocks or fewer and $1M+ of this one: index funds and banks own almost everything, so their changes say little. Bars stop at ±100%.

Insider trades · last 12 months

Real buys and sales

● Open-market buy● Open-market sale

Last 6 months. A wider screen shows 12.

Showing 18 real trades. Hidden: 5 stock grants, 4 option exercises, 6 planned 10b5-1 sales. Those happen on a schedule and say little about what an insider thinks. Bigger dot means a bigger trade.

Real trades, newest first

Sep 23 Nicholas Baes COO Open-market sale $11K 1,272 sh at $8.61 Sold 1% of stake

Sep 23 Marc D'Annunzio General Counsel & Secretary Open-market sale $11K 1,272 sh at $8.61 Sold 1% of stake

Sep 23 Joseph Henderson Chief Accounting Officer Open-market sale $2.43K 282 sh at $8.61 Sold 2% of stake

Aug 18 Michael Alfred Director Open-market buy $2.11M 296,567 sh at $7.12

Jul 15 Karen Alexander CFO Open-market sale $5.55K 657 sh at $8.44 Sold 1% of stake

Jul 15 Marc D'Annunzio General Counsel & Secretary Open-market sale $4.55K 539 sh at $8.44 Sold 1% of stake

Jul 15 Joseph Henderson Chief Accounting Officer Open-market sale $783 94 sh at $8.33 Sold 1% of stake

Jun 25 Karen Alexander CFO Open-market sale $15.1K 1,907 sh at $7.93 Sold 3% of stake

Jun 25 Nicholas Baes COO Open-market sale $12.4K 1,562 sh at $7.93 Sold 1% of stake

Jun 25 Joseph Henderson Chief Accounting Officer Open-market sale $2.77K 349 sh at $7.93 Sold 3% of stake

Show 8 older real trades

Jun 10 Michael Alfred Director Open-market buy $783K 100,000 sh at $7.83

Jun 9 Michael Alfred Director Open-market buy $1.39M 180,000 sh at $7.71

May 18 Michael Alfred Director Open-market buy $1.8M 220,000 sh at $8.20

May 15 Michael Alfred Director Open-market buy $3.04M 365,000 sh at $8.34

Apr 28 Karen Alexander CFO Open-market sale $42.8K 4,684 sh at $9.13 Sold 8% of stake

Apr 28 Nicholas Baes COO Open-market sale $21.5K 2,352 sh at $9.13 Sold 2% of stake

Apr 6 Nicholas Baes COO Open-market sale $5.38K 711 sh at $7.56 Sold 1% of stake

Dec 19 Joseph Henderson Chief Accounting Officer Open-market sale $24.6K 2,461 sh at $10.01 Sold 18% of stake

Showing every filing. Dashed circles are routine: grants, tax withholding, option exercises and planned sales.

Big bets

Funds with a big share of their money in BKKT

As of Jun 30, 2026

Fund	Of fund	Owns	Value	Change
Alpine Fox Capital LLC	4%	2.0%	$7.07M	+2162%

Funds that hold 150 stocks or fewer, where this stock is 3% or more of what they reported. "Of fund" is its share of the fund's 13F value.

"Owns" is shares reported divided by shares outstanding.