ChargePoint (NYSE:CHPT) General Counsel Eric Batill Sells 4,302 Shares of Stock

Posted by Brenda Bartman on Sep 23rd, 2026

ChargePoint Holdings, Inc. (NYSE:CHPT – Get Free Report) General Counsel Eric Batill sold 4,302 shares of ChargePoint stock in a transaction dated Tuesday, September 22nd. The stock was sold at an average price of $9.86, for a total transaction of $42,417.72. Following the transaction, the general counsel directly owned 139,329 shares of the company’s stock, valued at approximately $1,373,783.94. This represents a 3.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

ChargePoint Stock Performance

ChargePoint stock opened at $9.85 on Wednesday. The company has a debt-to-equity ratio of 10.73, a current ratio of 1.07 and a quick ratio of 0.57. The firm has a market capitalization of $264.39 million, a P/E ratio of -1.37 and a beta of 1.77. ChargePoint Holdings, Inc. has a 1-year low of $4.44 and a 1-year high of $12.61. The company’s 50-day moving average is $6.77 and its 200 day moving average is $6.43.

ChargePoint (NYSE:CHPT – Get Free Report) last announced its earnings results on Wednesday, September 2nd. The company reported ($1.35) earnings per share (EPS) for the quarter, beating the consensus estimate of ($1.57) by $0.22. The business had revenue of $116.08 million during the quarter, compared to analyst estimates of $105.21 million. ChargePoint had a negative return on equity of 3,366.29% and a negative net margin of 40.59%. Research analysts forecast that ChargePoint Holdings, Inc. will post -3.75 EPS for the current year.

Hedge Funds Weigh In On ChargePoint

Several institutional investors have recently bought and sold shares of the business. Rothschild Investment LLC raised its stake in ChargePoint by 233.3% in the fourth quarter. Rothschild Investment LLC now owns 5,000 shares of the company’s stock worth $33,000 after buying an additional 3,500 shares in the last quarter. R Squared Ltd purchased a new position in shares of ChargePoint in the 1st quarter valued at $59,000. Hsbc Holdings PLC raised its position in shares of ChargePoint by 40.0% in the 1st quarter. Hsbc Holdings PLC now owns 15,220 shares of the company’s stock worth $75,000 after acquiring an additional 4,352 shares in the last quarter. Squarepoint Ops LLC raised its position in shares of ChargePoint by 70.8% in the 2nd quarter. Squarepoint Ops LLC now owns 25,242 shares of the company’s stock worth $149,000 after acquiring an additional 10,464 shares in the last quarter. Finally, Bank of New York Mellon Corp purchased a new stake in shares of ChargePoint during the 2nd quarter worth $344,000. 37.77% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on CHPT shares. UBS Group reiterated a “neutral” rating and issued a $9.00 target price (up from $8.00) on shares of ChargePoint in a research note on Tuesday. Oppenheimer restated a “market perform” rating on shares of ChargePoint in a report on Thursday, September 3rd. Weiss Ratings restated a “sell (e+)” rating on shares of ChargePoint in a research note on Friday, July 17th. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $6.50 price target on shares of ChargePoint in a research note on Thursday, June 4th. Finally, TD Cowen reissued a “hold” rating on shares of ChargePoint in a research note on Thursday, September 3rd. Seven research analysts have rated the stock with a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Reduce” and a consensus price target of $7.07.

Check Out Our Latest Stock Report on ChargePoint

Key Headlines Impacting ChargePoint

Here are the key news stories impacting ChargePoint this week:

Neutral Sentiment: UBS raised its ChargePoint price target to $9 from $8 and increased its fiscal 2027–2029 revenue forecasts after the company reported second-quarter revenue of $116 million, ahead of both consensus and UBS estimates. The brokerage also noted that adjusted EBITDA losses were significantly narrower than expected, suggesting progress toward profitability, but it maintained a “neutral” rating. The new target is also below the stock’s recent trading level, limiting the bullish impact. ChargePoint gets price target raise from UBS after strong second-quarter results
Neutral Sentiment: ChargePoint General Counsel Eric Batill sold 4,302 shares, CFO Mansi Khetani sold 4,931 shares, insider Jagdeep Singh sold 5,965 shares, and Chief Accounting Officer Natella Novruzova sold 1,484 shares. The combined sales were valued at approximately $164,500. Each filing stated that the shares were sold to cover tax-withholding obligations when equity awards vested, reducing the likelihood that the transactions reflect diminished confidence in the business. ChargePoint insider transaction filings

About ChargePoint

(Get Free Report)

ChargePoint Holdings, Inc operates an electric vehicle (EV) charging network and provides charging hardware, software and related services. Its platform is designed to support drivers, businesses, fleet operators, property owners and other organizations managing EV charging infrastructure.

The company offers Level 2 and DC fast-charging stations, cloud-based software for monitoring and managing charging activity, payment and access tools, and services such as installation, maintenance and customer support.