Also, CEO Pasquale Romano sold 10,000 shares of the company’s stock in a transaction on Thursday, June 15th. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The shares were sold at an average price of $8.60, for a total value of $2,323,393.20. In related news, insider Michael Linse sold 270,162 shares of ChargePoint stock in a transaction on Thursday, April 13th. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Following the completion of the sale, the chief executive officer now directly owns 4,148,054 shares of the company’s stock, valued at $37,705,810.86. The shares were sold at an average price of $9.09, for a total value of $90,900.00. In other ChargePoint news, CEO Pasquale Romano sold 10,000 shares of ChargePoint stock in a transaction on Thursday, June 15th. will post -0.7 earnings per share for the current fiscal year. Analysts forecast that ChargePoint Holdings, Inc. The firm’s revenue was up 59.3% on a year-over-year basis. During the same quarter last year, the firm posted ($0.26) earnings per share. The business had revenue of $130.00 million during the quarter, compared to analysts’ expectations of $128.27 million. ChargePoint had a negative return on equity of 88.36% and a negative net margin of 64.78%. The company reported ($0.15) EPS for the quarter, topping the consensus estimate of ($0.19) by $0.04.
Get ChargePoint alerts:ĬhargePoint ( NYSE:CHPT – Get Rating) last released its earnings results on Thursday, June 1st. According to data from, ChargePoint presently has a consensus rating of “Moderate Buy” and a consensus price target of $16.60. Four investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Finally, DA Davidson lowered their price objective on ChargePoint from $18.00 to $15.00 in a research note on Monday, June 5th. They issued a “neutral” rating and a $10.00 target price for the company. The Goldman Sachs Group started coverage on ChargePoint in a research report on Tuesday, March 21st. Stifel Nicolaus reduced their price objective on ChargePoint from $25.00 to $17.00 in a research report on Tuesday, April 25th. Citigroup decreased their target price on shares of ChargePoint from $13.00 to $10.80 in a research note on Tuesday.
Riley reduced their price target on shares of ChargePoint from $18.00 to $12.00 in a research note on Monday, May 8th. Wall Street Analysts Forecast GrowthĬHPT has been the topic of a number of research analyst reports. Approximately 4,338,087 shares changed hands during mid-day trading, a decline of 55% from the previous session’s volume of 9,719,512 shares.The stock last traded at $7.94 and had previously closed at $8.20. ( NYSE:CHPT – Get Rating) saw unusually-strong trading volume on Wednesday.
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