ChargePoint (NYSE:CHPT) CAO Sells 2,242 Shares

Posted by Francis Steltz on Jun 23rd, 2026

ChargePoint Holdings, Inc. (NYSE:CHPT – Get Free Report) CAO Natella Fakhradovna Novruzova sold 2,242 shares of the firm’s stock in a transaction on Tuesday, June 23rd. The stock was sold at an average price of $7.13, for a total transaction of $15,985.46. Following the completion of the sale, the chief accounting officer directly owned 29,315 shares in the company, valued at approximately $209,015.95. This trade represents a 7.10% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

ChargePoint Trading Down 14.2%

Shares of CHPT stock traded down $1.13 during mid-day trading on Tuesday, reaching $6.80. The stock had a trading volume of 958,363 shares, compared to its average volume of 661,641. The firm has a market capitalization of $166.06 million, a PE ratio of -0.78 and a beta of 1.74. The stock’s 50-day moving average price is $6.92 and its two-hundred day moving average price is $6.59. The company has a current ratio of 1.15, a quick ratio of 0.56 and a debt-to-equity ratio of 10.73. ChargePoint Holdings, Inc. has a 52-week low of $4.44 and a 52-week high of $16.20.

ChargePoint (NYSE:CHPT – Get Free Report) last posted its earnings results on Wednesday, June 3rd. The company reported ($1.75) earnings per share for the quarter, missing analysts’ consensus estimates of ($1.11) by ($0.64). The firm had revenue of $101.82 million for the quarter, compared to analysts’ expectations of $95.64 million. ChargePoint had a negative return on equity of 504.42% and a negative net margin of 49.66%. Equities analysts expect that ChargePoint Holdings, Inc. will post -5.48 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on CHPT shares. Needham & Company LLC restated a “hold” rating on shares of ChargePoint in a report on Thursday, June 4th. UBS Group reissued a “neutral” rating and set a $8.00 price objective (up from $7.00) on shares of ChargePoint in a research report on Tuesday. TD Cowen restated a “hold” rating and issued a $7.50 price objective (up from $7.00) on shares of ChargePoint in a report on Wednesday, June 17th. JPMorgan Chase & Co. dropped their target price on shares of ChargePoint from $8.00 to $5.00 and set an “underweight” rating for the company in a research report on Thursday, March 5th. Finally, Weiss Ratings reiterated a “sell (e+)” rating on shares of ChargePoint in a research report on Monday, April 20th. One analyst has rated the stock with a Buy rating, six have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, ChargePoint currently has a consensus rating of “Reduce” and a consensus price target of $8.31.

Get Our Latest Report on CHPT

Institutional Investors Weigh In On ChargePoint

Hedge funds have recently made changes to their positions in the company. Rothschild Investment LLC grew 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 purchasing an additional 3,500 shares during the period. Pilgrim Partners Asia Pte Ltd lifted its position in ChargePoint by 56.4% during the fourth quarter. Pilgrim Partners Asia Pte Ltd now owns 8,600 shares of the company’s stock valued at $57,000 after buying an additional 3,100 shares during the period. Hsbc Holdings PLC bought a new stake in shares of ChargePoint during the 4th quarter valued at $73,000. EFG International AG purchased a new stake in shares of ChargePoint in the 4th quarter worth about $72,000. Finally, R Squared Ltd purchased a new stake in shares of ChargePoint in the 1st quarter worth about $59,000. 37.77% of the stock is currently owned by institutional investors.

About ChargePoint

(Get Free Report)

ChargePoint (NYSE: CHPT) is a leading provider of electric vehicle (EV) charging solutions that designs, develops and markets charging hardware, software and services. The company’s portfolio includes Level 2 AC charging stations for residential, commercial and fleet applications, as well as DC fast charging systems suited for retail, hospitality and public use. ChargePoint’s integrated platform enables site hosts to manage charging infrastructure through cloud-based monitoring, analytics and billing tools, while EV drivers access and control charging sessions via a mobile app or RFID card.

Since its founding in 2007 and headquarters in Campbell, California, ChargePoint has built one of the largest open EV charging networks in the world.