Michael Alfred, Director at Bakkt, Inc. (BKKT), bought 585,000 shares at $8.34 ($4.8M) on 2026-05-15, disclosed to the SEC on 2026-05-18.
Director Michael Alfred purchased 365,000 shares for $3.04M at $8.34, marking the largest insider purchase in the company's history. This significant capital commitment comes as the stock has dropped 15% over the last 90 days, potentially signaling confidence in the current valuation.
The stock is trading at $8.72, down 12.01% over the past five days and 15.01% over the last three months, despite being 26.93% above its 52-week low of $6.87.
Nothing distinguishes this filing.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $8.34 | 365,000 | $3.0M | 62.8% |
| 2 | $8.20 | 220,000 | $1.8M | 37.2% |
| Total | $8.29 avg | 585,000 | $4.8M | 100% |
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