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 $241,982 were sold by Marathe Ajay on Oct 08 ’25. At $13.00 per share, Marathe Ajay sold 18,614 shares. The insider’s holdings dropped to 1,002,684 shares worth approximately $12.58 million following the completion of this transaction.
Also, AJAY M MARATHE purchased 120,000 shares, netting a total of over 1,555,200 in proceeds.
Before that, Marathe Ajay had sold 120,000 shares from its account. In a trade valued at $1,441,200, the Chief Operating Officer traded Enovix Corporation shares for $12.01 each. Upon closing the transaction, the insider’s holdings decreased to 120,000 shares, worth approximately $12.89 million.
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 -0.87% to $12.55. The stock’s lowest price that day was $12.49, but it reached a high of $12.895 in the same session. During the last five days, there has been a surge of approximately 7.73%. Over the course of the year, Enovix Corporation shares have jumped approximately 3.63%. 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 12.39, which, if violated, would cause prices to drop to 12.24. In the upper region, resistance lies at 12.80. The next price resistance is at 13.05. RSI (Relative Strength Index) is 67.62 on the 14-day chart, showing neutral technical sentiment.
Is Enovix Corporation subject to short interest?
Stocks of Enovix Corporation saw a sharp rise in short interest on 2025-09-15 jumping by 9.1 million shares to 54.4 million. Data from Yahoo Finance shows that the short interest on 2025-08-15 was 45.3 million shares. A jump of 16.72% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 6.74 of the overall float, the days-to-cover ratio (short ratio) jumped to 6.74.
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 73.78% from the previous closing price of $12.66. 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.
