ChargePoint Holdings Inc’s recently made public 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 $0.75 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 $0.23 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 fall -2.59% to $0.63. Over the last five days, the stock has lost -24.28%. ChargePoint Holdings Inc shares have fallen nearly -41.27% since the year began. Nevertheless, the stocks have fallen -67.27% over the past one year. While a 52-week high of $2.44 was reached on 01/07/25, a 52-week low of $0.62 was recorded on 02/25/25. SMA at 50 days reached $1.0031, while 200 days put it at $1.4241.
Levels Of Support And Resistance For CHPT Stock
The 24-hour chart illustrates a support level at 0.5723, which if violated will result in even more drops to 0.5163. On the upside, there is a resistance level at 0.6697. A further resistance level may holdings at 0.7111. The Relative Strength Index (RSI) on the 14-day chart is 28.16, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.1015, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 81.96%. Stochastics %K at 18.82% indicates the stock is a buying.
