Bakkt director Michael Alfred acquires $2.11m in Class A stock
Bakkt Director Michael Alfred recently acquired 296,567 shares of the company's Class A Common Stock, totaling $2.11 million. This insider purchase took place on August 18, 2026, as the stock price hovered near its 52-week low of $6.75, reflecting a 33% decrease over the past six months. The Fair Value analysis suggests the stock is currently undervalued. Alfred, who beneficially owns 1,201,567 shares through Alpine Fox LP, acquired these shares at a weighted-average price of $7.12 per share, ranging from $6.88 to $7.32.
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