Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Enovix Corporation shares valued at $53,431 were purchased by Talluri Rajendra K on Aug 15 ’25. At $1.77 per share, Talluri Rajendra K acquired 30,187 shares.
Also, Reichow Gregory sold 8,129 shares, netting a total of over 53,408 in proceeds. Following the sale of shares at $6.57 each, the insider now holds 0 shares.
Before that, Talluri Rajendra K had sold 300,000 shares from its account. In a trade valued at $2,805,000, the President and CEO traded Enovix Corporation shares for $9.35 each. Upon closing the transaction, the insider’s holdings decreased to 300,000 shares, worth approximately $21.01 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] rose 1.78% to $10.27. The stock’s lowest price that day was $10.0, but it reached a high of $10.34 in the same session. During the last five days, there has been a drop of approximately -2.19%. Over the course of the year, Enovix Corporation shares have jumped approximately 1.38%. 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 10.07, which, if violated, would cause prices to drop to 9.86. In the upper region, resistance lies at 10.41. The next price resistance is at 10.54. RSI (Relative Strength Index) is 37.59 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 2025-07-31 dropping by -1.66 million shares to 42.95 million. Data from Yahoo Finance shows that the short interest on 2025-06-30 was 44.61 million shares. A decline of -3.86% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 4.08 of the overall float, the days-to-cover ratio (short ratio) decline to 4.08.
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 118.04% from the previous closing price of $10.09. 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.
