<div id="readability-page-1"><p>ChargePoint Holdings, Inc. (NYSE:CHPT - Get Free Report) insider Jagdeep Ca Singh sold 4,832 shares of ChargePoint stock in a transaction on Tuesday, December 23rd. The stock was sold at an average price of $6.99, for a total transaction of $33,775.68. Following the completion of the transaction, the insider directly owned 124,627 shares in the company, valued at approximately $871,142.73. The trade was a 3.73% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities &amp; Exchange Commission, which can be accessed through the SEC website.</p><h2>ChargePoint Stock Down 2.7%</h2><ul><li>ChargePoint's Comeback Story: Why This EV Stock Is Charging Up Again</li></ul><p>CHPT stock traded down $0.20 on Tuesday, reaching $7.11. 1,002,854 shares of the company traded hands, compared to its average volume of 622,462. The company has a debt-to-equity ratio of 8.38, a current ratio of 1.59 and a quick ratio of 0.93. The firm has a fifty day simple moving average of $9.20 and a 200-day simple moving average of $11.10. ChargePoint Holdings, Inc. has a one year low of $6.90 and a one year high of $26.00. The company has a market cap of $168.03 million, a P/E ratio of -0.69 and a beta of 1.43. </p><p>ChargePoint (NYSE:CHPT - Get Free Report) last released its quarterly earnings data on Thursday, December 4th. The company reported ($2.23) earnings per share for the quarter, missing analysts' consensus estimates of ($1.35) by ($0.88). ChargePoint had a negative return on equity of 209.46% and a negative net margin of 59.54%.The business had revenue of $105.67 million during the quarter, compared to the consensus estimate of $96.51 million. During the same period last year, the company earned ($1.94) EPS.  Research analysts anticipate that  ChargePoint Holdings, Inc. will post -0.57 earnings per share for the current year. </p><h2>Institutional Inflows and Outflows</h2><ul><li>EVgo's 37% Revenue Growth: Forget the Car, Buy the Gas Station</li></ul><p>A number of hedge funds and other institutional investors have recently modified their holdings of CHPT. BNP Paribas Financial Markets lifted its stake in  ChargePoint by 26.8% in the 3rd quarter. BNP Paribas Financial Markets now owns 43,534 shares of the company's stock worth $475,000 after purchasing an additional 9,208 shares in the last quarter.  First Trust Advisors LP purchased a new stake in shares of  ChargePoint during the third quarter valued at about $600,000.  Pilgrim Partners Asia Pte Ltd purchased a new position in  ChargePoint during the 3rd quarter worth approximately $60,000.  Sullivan Wood Capital Management LLC purchased a new stake in  ChargePoint during the third quarter worth $355,000.  Finally, Corient Private Wealth LLC lifted its stake in  ChargePoint by 57.1% in the 2nd quarter. Corient Private Wealth LLC now owns 67,345 shares of the company's stock valued at $47,000 after buying an additional 24,470 shares in the last quarter. 37.77% of the stock is owned by institutional investors. </p><h2>Wall Street Analyst Weigh In</h2><p>A number of equities analysts have recently commented on CHPT shares. Needham &amp; Company LLC  reaffirmed a &#34;hold&#34; rating on shares of ChargePoint in a report on Thursday, September 4th. Royal Bank Of Canada  reaffirmed a &#34;sector perform&#34; rating and set a $9.00 target price (down previously from $10.00) on shares of ChargePoint in a report on Friday, December 5th. UBS Group  reiterated a &#34;neutral&#34; rating and set a $9.00 price objective (down previously from $12.00) on shares of ChargePoint in a research note on Monday. Benchmark decreased their target price on shares of ChargePoint from $40.00 to $20.00 and set a &#34;buy&#34; rating for the company in a research note on Friday, September 5th. Finally, B. Riley decreased their price target on ChargePoint from $12.50 to $11.00 and set a &#34;neutral&#34; rating on the stock in a research note on Wednesday, December 10th. One analyst  has rated the stock with a Buy rating, eight have given a Hold rating and three have issued  a Sell rating to the stock. According to MarketBeat, the stock  has a consensus rating of &#34;Reduce&#34; and a consensus target price of $12.65.</p><ul><li>ChargePoint Recalibrates: What’s Really Under the Hood</li></ul><p><b>View Our Latest Analysis on ChargePoint</b></p><h2>About ChargePoint</h2> (Get Free Report)<p>ChargePoint <span>NYSE: CHPT<span></span></span> 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.  </p><p>Since its founding in 2007 and headquarters in Campbell, California, ChargePoint has built one of the largest open EV charging networks in the world.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than ChargePoint</li><li>Do not delete, read immediately</li><li>INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting Off</li><li>Can Any Expenses Be Deducted From Capital Gains Tax?</li><li>Buffett, Gates and Bezos Quietly Dumping Stocks—Here's Why</li><li>Forget AI, This Will Be the Next Big Tech Breakthrough</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/InsiderTradesChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUNIUFQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/InsiderTradesChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUNIUFQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in ChargePoint Right Now?</h2><p>Before you consider ChargePoint, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ChargePoint wasn't on the list.</p><p>While ChargePoint currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

CHPT

<p>ChargePoint Holdings insider Jagdeep Ca Singh sold 4,832 shares for $33,775.68, reducing his ownership by 3.73%. The stock was sold at $6.99 per share. Post-sale, Singh owns 124,627 shares valued at $871,142.73. The transaction was disclosed in an SEC filing. ChargePoint's stock decreased by 2.7% to $7.11. The company reported a quarterly loss, missing analyst estimates, and has a market cap of $168.03 million. Institutional investors have adjusted their holdings, and analysts have mixed ratings on the stock.</p>

Insider Selling: ChargePoint (NYSE:CHPT) Insider Sells $33,775.68 in Stock