Energous (NASDAQ:WATT) CEO Mallorie Sara Burak Purchases 1,867 Shares of Stock

Posted by Brenda Bartman on May 28th, 2026

Energous Corporation (NASDAQ:WATT – Get Free Report) CEO Mallorie Sara Burak acquired 1,867 shares of the stock in a transaction dated Wednesday, May 27th. The shares were bought at an average cost of $26.47 per share, with a total value of $49,419.49. Following the transaction, the chief executive officer directly owned 26,999 shares of the company’s stock, valued at $714,663.53. This represents a 7.43% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Energous Stock Performance

NASDAQ WATT traded up $1.08 on Thursday, reaching $27.45. The company had a trading volume of 149,769 shares, compared to its average volume of 458,789. The firm has a market capitalization of $150.98 million, a price-to-earnings ratio of -6.70 and a beta of 1.61. Energous Corporation has a 1-year low of $3.62 and a 1-year high of $36.98. The company’s fifty day moving average is $22.52 and its 200-day moving average is $12.83.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of WATT. Flagship Harbor Advisors LLC acquired a new position in Energous during the third quarter valued at approximately $87,000. Armistice Capital LLC acquired a new position in Energous during the third quarter valued at approximately $1,202,000. Geode Capital Management LLC boosted its position in Energous by 85.4% during the fourth quarter. Geode Capital Management LLC now owns 18,713 shares of the industrial products company’s stock valued at $75,000 after purchasing an additional 8,619 shares during the last quarter. 3Chopt Investment Partners LLC acquired a new position in Energous during the first quarter valued at approximately $282,000. Finally, AIGH Capital Management LLC acquired a new position in Energous during the first quarter valued at approximately $3,373,000. 4.35% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on WATT shares. Zacks Research raised Energous to a “hold” rating in a research report on Friday, March 27th. Weiss Ratings cut Energous from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Wednesday, April 29th. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Energous presently has an average rating of “Reduce”.

Get Our Latest Analysis on Energous

Energous Company Profile

(Get Free Report)

Energous Corporation develops and commercializes radio frequency (RF)–based wireless charging technology designed to deliver power over the air to compatible devices. Its WattUp platform includes near‐field and far‐field transmitters that emit targeted RF energy and receiver modules that convert that energy into electrical power. The company’s solutions aim to eliminate the need for cables and charging pads by enabling contactless power delivery to a range of products, from wearables and IoT sensors to medical devices and consumer electronics.