Enovix Corporation’s recently made public that 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.
Janney downgraded its Enovix Corporation [ENVX] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including The Benchmark Company’s analysts, who began to cover the stock in late July with a ‘”a Buy”‘ rating. William Blair began covering ENVX with “an Outperform” recommendation on December 18, 2023. TD Cowen revised its rating on July 21, 2023. It rated ENVX as “a Market perform” which previously was an “an Outperform”.
Price Performance Review of ENVX
On Monday, Enovix Corporation [NASDAQ:ENVX] saw its stock jump 3.37% to $8.59. Over the last five days, the stock has gained 13.03%. Enovix Corporation shares have fallen nearly -20.98% since the year began. Nevertheless, the stocks have fallen -20.83% over the past one year. While a 52-week high of $18.68 was reached on 01/07/25, a 52-week low of $5.27 was recorded on 04/08/25. SMA at 50 days reached $7.05, while 200 days put it at $9.23.
Levels Of Support And Resistance For ENVX Stock
The 24-hour chart illustrates a support level at 8.37, which if violated will result in even more drops to 8.16. On the upside, there is a resistance level at 8.90. A further resistance level may holdings at 9.22. The Relative Strength Index (RSI) on the 14-day chart is 61.41, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.34, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 22.16%. Stochastics %K at 71.58% indicates the stock is a holding.
The most recent change occurred on January 11, 2023 when Canaccord Genuity began covering the stock and recommended ‘”a Buy”‘ rating along with a $20 price target.
