In a filing, Enovix Corporation revealed its Director Reichow Gregory unloaded Company’s shares for reported $53408.0 on May 02 ’25. In the deal valued at $6.57 per share,8,129 shares were sold. As a result of this transaction, Reichow Gregory now holds 0 shares worth roughly $0.0.
Then, Talluri Rajendra K sold 300,000 shares, generating $2,805,000 in total proceeds. Upon selling the shares at $9.35, the President and CEO now owns 2,045,301 shares.
Before that, Talluri Rajendra K bought 300,000 shares. Enovix Corporation shares valued at $2,889,000 were divested by the Officer at a price of $9.63 per share.
JP Morgan downgraded its Enovix Corporation [ENVX] rating to a Neutral from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including TD Cowen’s analysts, who remained covering the stock and in early July has reiterated a ‘”a Hold”‘ rating for it. Janney also remained covering ENVX and has decreased its forecast on October 31, 2024 with a “Neutral” recommendation from previously “Buy” rating. The Benchmark Company started covering the stock on July 22, 2024. It rated ENVX as “a Buy”.
Price Performance Review of ENVX
On Monday, Enovix Corporation [NASDAQ:ENVX] saw its stock jump 2.66% to $10.99. Over the last five days, the stock has lost -27.03%. Enovix Corporation shares have fallen nearly -23.73% since the year began. Nevertheless, the stocks have risen 1.10% over the past one year.
How much short interest is there in Enovix Corporation?
A steep rise in short interest was recorded in Enovix Corporation stocks on 2025-07-15, dropping by -1.66 million shares to a total of 44.16 million shares. Yahoo Finance data shows the prior-month short interest on 2025-06-13 was 45.83 million shares. There was a decline of -3.77%, which implies that there is a negative sentiment for the stock.
