Wallbox (NYSE:WBX) Director Pedro Alonso Aguera Acquires 501,361 Shares

Wallbox N.V. (NYSE:WBXGet Free Report) Director Pedro Alonso Aguera purchased 501,361 shares of the stock in a transaction dated Tuesday, June 30th. The shares were acquired at an average price of $2.72 per share, for a total transaction of $1,363,701.92. Following the acquisition, the director directly owned 1,394,705 shares of the company’s stock, valued at $3,793,597.60. This represents a 56.12% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Wallbox Price Performance

NYSE:WBX opened at $4.21 on Friday. The business’s fifty day moving average price is $3.11 and its 200 day moving average price is $2.97. Wallbox N.V. has a 1-year low of $2.30 and a 1-year high of $7.83.

Wallbox (NYSE:WBXGet Free Report) last announced its quarterly earnings data on Thursday, May 7th. The company reported ($1.31) EPS for the quarter, topping analysts’ consensus estimates of ($1.81) by $0.50. The firm had revenue of $34.38 million during the quarter, compared to analyst estimates of $40.64 million. Wallbox had a negative return on equity of 6,451.74% and a negative net margin of 70.12%.

Analyst Ratings Changes

Separately, UBS Group reiterated a “neutral” rating and issued a $4.00 price objective (up from $3.00) on shares of Wallbox in a research note on Tuesday. Two equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $5.33.

Get Our Latest Report on Wallbox

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Wallbox stock. GM Advisory Group LLC purchased a new position in shares of Wallbox N.V. (NYSE:WBXFree Report) in the first quarter, according to its most recent disclosure with the SEC. The firm purchased 17,500 shares of the company’s stock, valued at approximately $43,000. GM Advisory Group LLC owned approximately 0.10% of Wallbox at the end of the most recent reporting period. Hedge funds and other institutional investors own 36.94% of the company’s stock.

About Wallbox

(Get Free Report)

Wallbox is a global provider of electric vehicle (EV) charging solutions, offering hardware and software designed to simplify and optimize the charging experience for residential, commercial and public applications. The company’s product lineup includes smart home chargers, DC fast chargers for fleet and commercial use, and energy management systems that integrate with solar panels and battery storage. Through its myWallbox software platform, users can remotely monitor and control charging sessions, track energy consumption and set custom charging schedules.

Headquartered in Barcelona, Spain, Wallbox has expanded its operations across Europe, North America, Asia and Australia, establishing regional offices and service centers to support customers and channel partners.

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