1 day Ago By Defense World Staff
Bank of New York Mellon Corp boosted its stake in shares of ChargePoint Holdings, Inc. ( NYSE:CHPT – Free Report ) by 60.1% in the 2nd quarter, according to its most recent Form 13F filing with the SEC.
The fund owned 1,298,289 shares of the company’s stock after purchasing an additional 487,262 shares during the period. Bank of New York Mellon Corp owned 0.31% of ChargePoint worth $1,960,000 as of its most recent filing with the SEC.
Several other large investors have also recently bought and sold shares of CHPT. Balentine LLC acquired a new stake in shares of ChargePoint in the fourth quarter valued at approximately $26,000. Bridgecreek Investment Management LLC bought a new position in ChargePoint during the fourth quarter worth $33,000.
CreativeOne Wealth LLC acquired a new position in shares of ChargePoint in the first quarter valued at $30,000. PDS Planning Inc acquired a new position in shares of ChargePoint in the first quarter valued at $31,000. Finally, Dynamic Technology Lab Private Ltd bought a new position in shares of ChargePoint in the fourth quarter valued at about $42,000.
37.77% of the stock is owned by institutional investors and hedge funds. ChargePoint Price Performance CHPT stock opened at $1.
52 on Wednesday. The company has a debt-to-equity ratio of 1.24, a quick ratio of 1.
45 and a current ratio of 2.03. The firm has a 50 day moving average price of $1.
81 and a 200-day moving average price of $1.73. ChargePoint Holdings, Inc.
has a 52-week low of $1.21 and a 52-week high of $5.65.
The firm has a market capitalization of $656.00 million, a price-to-earnings ratio of -1.29 and a beta of 1.
70. Insiders Place Their Bets Wall Street Analyst Weigh In A number of research analysts recently commented on CHPT shares. Needham & Company LLC decreased their price target on shares of ChargePoint from $3.
00 to $2.00 and set a “buy” rating on the stock in a research note on Thursday, September 5th. Royal Bank of Canada decreased their target price on ChargePoint from $3.
00 to $2.50 and set a “sector perform” rating on the stock in a research report on Thursday, September 5th. The Goldman Sachs Group lowered their target price on ChargePoint from $1.
50 to $1.25 and set a “sell” rating on the stock in a research note on Friday, September 6th. Benchmark restated a “buy” rating and issued a $3.
00 price target on shares of ChargePoint in a research note on Thursday, September 5th. Finally, B. Riley upgraded ChargePoint to a “hold” rating in a research report on Tuesday, June 25th.
One investment analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $3.
39. Check Out Our Latest Analysis on CHPT About ChargePoint ( Free Report ) ChargePoint Holdings, Inc, together with its subsidiaries, provides electric vehicle (EV) charging networks and charging solutions in the North America and Europe. The company serves commercial, such as retail, workplace, hospitality, parking, recreation, municipal, education, and highway fast charge; fleet, which include delivery, take home, logistics, motor pool, transit, and shared mobility; and residential including single family homes and multi-family apartments and condominiums customers.
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