Enovix Corporation [ENVX] Shares Fall -0.89 % on Thursday

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Enovix Corporation shares valued at $53,408 were sold by Reichow Gregory on May 02 ’25. At $6.57 per share, Reichow Gregory sold 8,129 shares. The insider’s holdings dropped to 0 shares worth approximately $0.0 following the completion of this transaction.

Also, Talluri Rajendra K sold 300,000 shares, netting a total of over 2,805,000 in proceeds. Following the sale of shares at $9.35 each, the insider now holds 2,045,301 shares.

Before that, Talluri Rajendra K had added 300,000 shares to its account. In a trade valued at $2,889,000, the Officer bought Enovix Corporation shares for $9.63 each.

As published in a research note from JP Morgan on July 24, 2025, Enovix Corporation [ENVX] has been rated down from an Overweight to a Neutral and the price target has been revised to $12. Analysts at TD Cowen resumed the stock at ‘”a Hold”‘ outlook in a report released in early July. As of October 31, 2024, Janney has decreased its “Buy” rating to a “Neutral” for ENVX. Earlier on July 22, 2024, The Benchmark Company initiated its rating. Their recommendation was “a Buy” for ENVX stock.

Analyzing ENVX Stock Performance

On last trading session,, Enovix Corporation [NASDAQ: ENVX] plunged -0.89% to $14.43. The stock’s lowest price that day was $13.72, but it reached a high of $14.96 in the same session. During the last five days, there has been a drop of approximately -9.42%. Over the course of the year, Enovix Corporation shares have dropped approximately -5.38%. Shares of the company reached a 52-week high of $16.49 on 07/18/25 and a 52-week low of $5.27 on 04/08/25.

Support And Resistance Levels for Enovix Corporation (ENVX)

According to the 24-hour chart, there is a support level at 13.78, which, if violated, would cause prices to drop to 13.13. In the upper region, resistance lies at 15.02. The next price resistance is at 15.61. RSI (Relative Strength Index) is 66.14 on the 14-day chart, showing neutral technical sentiment.

Is Enovix Corporation subject to short interest?

Stocks of Enovix Corporation saw a sharp steep in short interest on 2025-06-30 dropping by -1.22 million shares to 44.61 million. Data from Yahoo Finance shows that the short interest on 2025-05-30 was 45.83 million shares. A decline of -2.74% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 9.43 of the overall float, the days-to-cover ratio (short ratio) decline to 9.43.

Which companies own the most shares of Enovix Corporation (ENVX)?

In terms of Enovix Corporation share price expectations, FactSet research, analysts set an average price target of 22 in the next 12 months, up nearly 51.1% from the previous closing price of $14.56. Analysts anticipate Enovix Corporation stock to reach 36 by 2025, with the lowest price target being 5. In spite of this, 9 analysts ranked Enovix Corporation stock as Buy at the end of 2025.

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