<div id="readability-page-1"><p>ChargePoint Holdings, Inc. (NYSE:CHPT - Get Free Report) General Counsel Eric Batill sold 2,976 shares of the firm's stock in a transaction on Tuesday, December 23rd. The shares were sold at an average price of $6.98, for a total transaction of $20,772.48. Following the completion of the transaction, the general counsel directly owned 81,305 shares of the company's stock, valued at approximately $567,508.90. This trade represents a 3.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.</p><h2>ChargePoint Trading Down 2.7%</h2><ul><li>ChargePoint's Comeback Story: Why This EV Stock Is Charging Up Again</li></ul><p>Shares of CHPT traded down $0.20 during midday trading on Tuesday, hitting $7.11. The stock had a trading volume of 1,002,854 shares, compared to its average volume of 622,462. The stock's 50 day moving average is $9.20 and its 200 day moving average is $11.10. ChargePoint Holdings, Inc. has a 1 year low of $6.90 and a 1 year high of $26.00. 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 market cap of $168.03 million, a PE ratio of -0.69 and a beta of 1.43. </p><p>ChargePoint (NYSE:CHPT - Get Free Report) last announced its quarterly earnings data on Thursday, December 4th. The company reported ($2.23) earnings per share (EPS) for the quarter, missing the consensus estimate 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 firm 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.  As a group, analysts forecast that  ChargePoint Holdings, Inc. will post -0.57 EPS for the current fiscal year. </p><h2>Analyst Upgrades and Downgrades</h2><ul><li>EVgo's 37% Revenue Growth: Forget the Car, Buy the Gas Station</li></ul><p>Several analysts recently weighed in on the stock. Benchmark reduced their target price on shares of ChargePoint from $40.00 to $20.00 and set a &#34;buy&#34; rating on the stock in a report on Friday, September 5th. Royal Bank Of Canada  reissued a &#34;sector perform&#34; rating and set a $9.00 price target (down previously from $10.00) on shares of ChargePoint in a research note on Friday, December 5th. The Goldman Sachs Group  reiterated a &#34;sell&#34; rating and set a $10.00 price objective (up previously from $9.00) on shares of ChargePoint in a research note on Monday, December 8th. TD Cowen reduced their price objective on ChargePoint from $30.00 to $11.00 and set a &#34;hold&#34; rating on the stock in a research note on Thursday, September 4th. Finally, UBS Group  reissued a &#34;neutral&#34; rating and set a $9.00 price target (down from $12.00) on shares of ChargePoint in a report on Monday. One research analyst  has rated the stock with a Buy rating, eight have issued  a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, ChargePoint presently has an average rating of &#34;Reduce&#34; and an average price target of $12.65.</p><p><b>View Our Latest Report on CHPT</b></p><h2>Institutional Investors Weigh In On ChargePoint</h2><ul><li>ChargePoint Recalibrates: What’s Really Under the Hood</li></ul><p>A number of large investors have recently bought and sold shares of the business. Catalyst Funds Management Pty Ltd bought a new position in  ChargePoint in the second quarter valued at approximately $161,000.  XTX Topco Ltd raised its position in shares of  ChargePoint by 75.5% in the second quarter. XTX Topco Ltd now owns 856,654 shares of the company's stock valued at $602,000 after buying an additional 368,418 shares in the last quarter.  Soviero Asset Management LP bought a new stake in shares of  ChargePoint during the 2nd quarter worth approximately $633,000.  International Assets Investment Management LLC acquired a new stake in shares of  ChargePoint in the 2nd quarter valued at approximately $27,000.  Finally, IQ EQ FUND MANAGEMENT IRELAND Ltd bought a new position in  ChargePoint in the second quarter valued at about $98,000. 37.77% of the stock is currently owned by institutional investors. </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 Articles</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' General Counsel Eric Batill sold 2,976 shares at $6.98 each, totaling $20,772.48. Post-sale, Batill owns 81,305 shares valued at $567,508.90, a 3.53% decrease in his position. The sale was disclosed in an SEC filing. ChargePoint's stock traded down 2.7%, closing at $7.11. The company reported a quarterly EPS of ($2.23), missing estimates, with revenue of $105.67 million. Analysts have mixed ratings on the stock, with an average price target of $12.65. Institutional investors hold 37.77% of the stock.</p>

ChargePoint (NYSE:CHPT) General Counsel Eric Batill Sells 2,976 Shares