Insider Buying: NeoVolta (NASDAQ:NEOV) EVP Acquires 47,000 Shares of Stock

Posted by on May 20th, 2026

NeoVolta, Inc. (NASDAQ:NEOV – Get Free Report) EVP Steve Bond purchased 47,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 19th. The stock was acquired at an average price of $2.09 per share, with a total value of $98,230.00. Following the purchase, the executive vice president owned 797,000 shares in the company, valued at $1,665,730. This represents a 6.27% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

NeoVolta Stock Performance

Shares of NeoVolta stock traded up $0.24 on Wednesday, hitting $2.26. The company’s stock had a trading volume of 757,016 shares, compared to its average volume of 791,515. NeoVolta, Inc. has a 1 year low of $1.36 and a 1 year high of $7.13. The firm has a fifty day moving average price of $3.15 and a 200-day moving average price of $3.66. The company has a market capitalization of $96.52 million, a price-to-earnings ratio of -6.85 and a beta of -0.81.

NeoVolta (NASDAQ:NEOV – Get Free Report) last announced its quarterly earnings results on Thursday, May 14th. The company reported ($0.08) earnings per share for the quarter, beating the consensus estimate of ($0.15) by $0.07. NeoVolta had a negative return on equity of 141.89% and a negative net margin of 63.35%.The firm had revenue of $2.02 million during the quarter, compared to analyst estimates of $3.41 million. As a group, analysts forecast that NeoVolta, Inc. will post -0.53 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts recently weighed in on NEOV shares. Wall Street Zen lowered NeoVolta from a “hold” rating to a “strong sell” rating in a research note on Saturday, February 21st. Weiss Ratings restated a “sell (e+)” rating on shares of NeoVolta in a research note on Thursday, January 22nd. Finally, Zacks Research upgraded NeoVolta to a “hold” rating in a research note on Tuesday, April 21st. Two research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Reduce”.

View Our Latest Analysis on NeoVolta

Institutional Investors Weigh In On NeoVolta

Several large investors have recently bought and sold shares of NEOV. Qube Research & Technologies Ltd purchased a new stake in NeoVolta during the 3rd quarter worth approximately $48,000. Virtu Financial LLC purchased a new stake in NeoVolta during the 4th quarter worth approximately $49,000. Millennium Management LLC purchased a new stake in NeoVolta during the 3rd quarter worth approximately $53,000. Bank of America Corp DE increased its stake in NeoVolta by 4,929.4% during the 3rd quarter. Bank of America Corp DE now owns 14,736 shares of the company’s stock worth $66,000 after buying an additional 14,443 shares in the last quarter. Finally, Truist Financial Corp acquired a new position in NeoVolta during the fourth quarter worth about $129,000. 5.11% of the stock is currently owned by hedge funds and other institutional investors.

NeoVolta Company Profile

(Get Free Report)

NeoVolta, Inc is a clean-energy technology company that designs, manufactures and markets integrated battery storage systems for residential and light-commercial applications. Headquartered in San Jose, California, the company develops hardware and software solutions aimed at enhancing the value of rooftop solar installations, providing backup power and enabling homeowners to optimize time-of-use rate plans. NeoVolta’s modular approach to energy storage allows customers to scale capacity to match their changing needs.

The company’s flagship product family combines lithium-ion battery modules, a hybrid inverter and an energy management platform under a single enclosure.

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