Third Avenue Management opened a $4.1M position in Cantaloupe, Inc.
Marty Whitman of Third Avenue Management has invested $4.1 million in Cantaloupe, Inc., reflecting the firm's strategic focus on technology sector opportunities. The investment was filed on August 13, 2025, and pertains to holdings as of June 30, 2025.
Third Avenue Management Opens $4.1M Position in Cantaloupe, Inc.
Marty Whitman, the renowned value investor at Third Avenue Management, has revealed a new investment in Cantaloupe, Inc.. The filing, submitted on 2025-08-13, indicates a position worth $4.1 million in the technology sector company.
Significance of the Investment
This move underscores Third Avenue Management's strategic focus on identifying undervalued opportunities within the tech industry. Cantaloupe, Inc., known for its mobile payments and digital transformation solutions, appears to align with Whitman's value investing philosophy.
Portfolio Allocation and Market Context
The $4.1 million investment represents approximately 0.84% of Third Avenue Management's portfolio, highlighting the firm's confidence in Cantaloupe's growth potential. The technology sector remains competitive, with Cantaloupe operating in a space marked by rapid innovation and evolving consumer demands.