ConnectM Technology Solutions (CNTM)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	1.88 mm	1.88 mm	1.88 mm	1.88 mm	1.88 mm	1.88 mm
Cash burn (monthly)	(no burn)	(no burn)	4.06 mm	2.41 mm	879.55 k	181.18 k
Cash used (since last report)	n/a	n/a	20.55 mm	12.22 mm	4.45 mm	917.36 k
Cash remaining	n/a	n/a	-18.67 mm	-10.34 mm	-2.57 mm	964.64 k
Runway (months of cash)	n/a	n/a	-4.6	-4.3	-2.9	5.3

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q4 2024

CNTM institutional ownership history Ownership history

20.6% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	17	1	+1600.0%
Opened positions	16	1	+1500.0%
Closed positions	0	0
Increased positions	0	0
Reduced positions	0	0

13F shares	Current	Prev Q	Change
Total value	2.84 bn	8.21 mm	+34476.2%
Total shares	5.99 mm	3.59 mm	+67.2%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Bhaskar Panigrahi	3.59 mm	$8.21 mm	0.0%
Meteora Capital	1.03 mm	$1.24 bn	NEW
TD The Toronto-Dominion Bank	503.11 k	$608.77 mm	NEW
Brighton Jones	273.84 k	$331.35 mm	NEW
Geode Capital Management	150.49 k	$182.09 mm	NEW
Polar Asset Management Partners	149.20 k	$107.93 mm	NEW
Choate Investment Advisors	98.82 k	$119.57 mm	NEW
Mangrove Partners	60.00 k	$62.22 mm	NEW
Yakira Capital Management	55.86 k	$67.59 mm	NEW
UBS UBS	38.19 k	$46.21 mm	NEW

Largest transactions	Shares	Bought/sold	Change
Meteora Capital	1.03 mm	+1.03 mm	NEW
TD The Toronto-Dominion Bank	503.11 k	+503.11 k	NEW
Brighton Jones	273.84 k	+273.84 k	NEW
Geode Capital Management	150.49 k	+150.49 k	NEW
Polar Asset Management Partners	149.20 k	+149.20 k	NEW
Choate Investment Advisors	98.82 k	+98.82 k	NEW
Mangrove Partners	60.00 k	+60.00 k	NEW
Yakira Capital Management	55.86 k	+55.86 k	NEW
UBS UBS	38.19 k	+38.19 k	NEW
XTX Topco	22.43 k	+22.43 k	NEW

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

CNTM insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
20 Dec 24	Bhaskar Panigrahi	Common Stock	Grant	Acquire A	Yes	No	9123	8,000	72.98 mm	4,421,553
20 Dec 24	Bhaskar Panigrahi	Common Stock	Grant	Acquire A	No	No	29643	28,589	847.46 mm	4,413,553
20 Dec 24	Mahesh Choudhury	Common Stock	Buy	Acquire P	No	No	30218	27,800	840.06 mm	259,768
19 Dec 24	Bhaskar Panigrahi	Common Stock	Grant	Acquire A	Yes	No	2460	3,000	7.38 mm	4,384,964
19 Dec 24	Bhaskar Panigrahi	Common Stock	Grant	Acquire A	Yes	No	2729	3,500	9.55 mm	4,381,964
19 Dec 24	Bhaskar Panigrahi	Common Stock	Grant	Acquire A	No	No	0.8194660194174758	103,000	84.41 k	4,378,464
19 Dec 24	Mahesh Choudhury	Common Stock	Buy	Acquire P	No	No	4513	4,300	19.41 mm	231,968
18 Dec 24	Bhaskar Panigrahi	Common Stock	Grant	Acquire A	Yes	No	2625	3,500	9.19 mm	4,275,464
18 Dec 24	Bhaskar Panigrahi	Common Stock	Grant	Acquire A	Yes	No	3722	5,000	18.61 mm	4,271,964
18 Dec 24	Bhaskar Panigrahi	Common Stock	Grant	Acquire A	No	No	0.7674529308448647	60,921	46.75 k	4,266,964