Bakkt Holdings Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NYSE:BKKT Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
12 Nov 25	SellUS$5,415	Joe Henderson	Individual	264	US$21.50
22 Aug 25	BuyUS$1,474,404	Akshay Naheta	Individual	180,000	US$8.55
15 Jul 25	SellUS$262,952	Andrew Main	Individual	14,440	US$18.21
15 Jul 25	SellUS$12,219	Karen Alexander	Individual	671	US$18.21
15 Jul 25	SellUS$10,179	Marc D’Annunzio	Individual	559	US$18.21
14 May 25	SellUS$247,530	De’Ana Dow	Individual	19,200	US$12.89
14 May 25	SellUS$142,082	Marc D’Annunzio	Individual	10,000	US$14.21

Insider Trading Volume

Insider Buying: BKKT insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of BKKT?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	849,693	3.53%
General Public	10,202,668	42.4%
Institutions	12,986,073	54%

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 128.3%.

Top Shareholders

Top 25 shareholders own 54.52% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
31%	Intercontinental Exchange, Inc.	7,453,112	US$164.3m	1,050%	26.73%
3.65%	BlackRock, Inc.	877,895	US$19.4m	146%	no data
3.38%	Weiss Asset Management, LLC	812,640	US$17.9m	0%	0.29%
2.76%	The Vanguard Group, Inc.	664,561	US$14.7m	131%	no data
2.24%	Susquehanna International Group, LLP	538,276	US$11.9m	5,060%	0.01%
1.8%	Geode Capital Management, LLC	432,518	US$9.5m	75%	no data
1.46%	Marshall Wace LLP	349,930	US$7.7m	0%	0.01%
1.37%	Horizon Kinetics Holding Corporation	328,529	US$7.2m	-2.01%	0.07%
1.18%	Akshay Naheta	283,290	US$6.2m	57.4%	no data
0.87%	State Street Global Advisors, Inc.	209,875	US$4.6m	238%	no data
0.66%	Private Advisor Group, LLC	157,730	US$3.5m	0%	0.01%
0.61%	Jeffrey Sprecher	146,366	US$3.2m	0%	no data
0.57%	Mirae Asset Global Investments Co., Ltd.	137,430	US$3.0m	65.7%	no data
0.51%	Andrew Main	123,702	US$2.7m	14.9%	no data
0.36%	Citadel Advisors LLC	87,690	US$1.9m	0%	no data
0.36%	Northern Trust Global Investments	87,511	US$1.9m	106%	no data
0.29%	Northcrest Asset Management LLC	70,000	US$1.5m	0%	0.03%
0.29%	Marc D’Annunzio	68,884	US$1.5m	262%	no data
0.19%	Stratos Wealth Advisors LLC	44,962	US$991.3k	0%	0.04%
0.18%	Commonwealth Equity Services, LLC	42,958	US$947.2k	0%	no data
0.17%	Michael Alfred	40,000	US$881.9k	0%	no data
0.17%	Alpine Fox Capital LLC	40,000	US$881.9k	0%	0.54%
0.16%	Millennium Management LLC	37,518	US$827.2k	0%	no data
0.15%	UBS Asset Management AG	35,809	US$789.5k	914%	no data
0.14%	Simplex Trading, LLC	34,162	US$753.2k	0%	0.01%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/11/20 06:28
End of Day Share Price	2025/11/20 00:00
Earnings	2025/09/30
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Bakkt Holdings, Inc. is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Mark Palmer	Benchmark Company
Peter Christiansen	Citigroup Inc
Jeffrey Cantwell	Wells Fargo Securities, LLC