ChargePoint Holdings Inc’s recent filing unveils that its CLO and Corp Secretary Chavez Rebecca unloaded Company’s shares for reported $69648.0 on Dec 23 ’24. In the deal valued at $1.14 per share,60,849 shares were sold. As a result of this transaction, Chavez Rebecca now holds 1,198,062 shares worth roughly $1.46 million.
Then, Singh Jagdeep CA sold 36,574 shares, generating $41,863 in total proceeds. Upon selling the shares at $1.14, the CCXO now owns 1,161,430 shares.
Before that, Gerdes Henrik sold 28,536 shares. ChargePoint Holdings Inc shares valued at $32,665 were divested by the Chief Accounting Officer at a price of $1.14 per share. As a result of the transaction, Gerdes Henrik now holds 362,060 shares, worth roughly $0.44 million.
Needham downgraded its ChargePoint Holdings Inc [CHPT] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including JP Morgan’s analysts, who decreased its forecast for the stock in early October from “an Overweight” to “an Underweight”. TD Cowen revised its rating on September 05, 2024. It rated CHPT as “a Hold” which previously was an “a Buy”.
Price Performance Review of CHPT
On Tuesday, ChargePoint Holdings Inc [NYSE:CHPT] saw its stock jump 1.67% to $1.22. Over the last five days, the stock has gained 9.91%. ChargePoint Holdings Inc shares have risen nearly 14.02% since the year began. Nevertheless, the stocks have fallen -45.29% over the past one year. While a 52-week high of $2.44 was reached on 01/07/25, a 52-week low of $1.05 was recorded on 01/02/25. SMA at 50 days reached $1.1956, while 200 days put it at $1.5337.
Levels Of Support And Resistance For CHPT Stock
The 24-hour chart illustrates a support level at 1.1667, which if violated will result in even more drops to 1.1133. On the upside, there is a resistance level at 1.2867. A further resistance level may holdings at 1.3533. The Relative Strength Index (RSI) on the 14-day chart is 53.34, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.0369, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 33.33%. Stochastics %K at 55.56% indicates the stock is a holding.
How much short interest is there in ChargePoint Holdings Inc?
A steep rise in short interest was recorded in ChargePoint Holdings Inc stocks on 2024-11-15, growing by 16.19 million shares to a total of 129.64 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 113.45 million shares. There was a rise of 12.49%, which implies that there is a positive sentiment for the stock.
