Delap Wealth Advisory LLC bought a new stake in shares of ChargePoint Holdings, Inc. (NYSE:CHPT – Free Report) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 20,520 shares of the company’s stock, valued at approximately $31,000.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Susquehanna Fundamental Investments LLC purchased a new stake in ChargePoint during the first quarter valued at approximately $258,000. Vanguard Group Inc. increased its holdings in ChargePoint by 26.3% during the first quarter. Vanguard Group Inc. now owns 36,688,672 shares of the company’s stock valued at $69,708,000 after buying an additional 7,645,210 shares during the last quarter. Public Employees Retirement System of Ohio increased its holdings in ChargePoint by 6.1% during the first quarter. Public Employees Retirement System of Ohio now owns 136,355 shares of the company’s stock valued at $259,000 after buying an additional 7,838 shares during the last quarter. CreativeOne Wealth LLC purchased a new stake in ChargePoint during the first quarter valued at approximately $30,000. Finally, Tidal Investments LLC increased its holdings in ChargePoint by 58.8% during the first quarter. Tidal Investments LLC now owns 333,866 shares of the company’s stock valued at $634,000 after buying an additional 123,597 shares during the last quarter. 37.77% of the stock is owned by hedge funds and other institutional investors.
ChargePoint Price Performance
CHPT stock opened at $1.37 on Friday. ChargePoint Holdings, Inc. has a 52 week low of $1.21 and a 52 week high of $5.24. The company has a quick ratio of 1.32, a current ratio of 2.03 and a debt-to-equity ratio of 1.24. The company has a fifty day simple moving average of $1.78 and a two-hundred day simple moving average of $1.72. The firm has a market capitalization of $580.00 million, a P/E ratio of -1.16 and a beta of 1.70.
Analyst Ratings Changes
Check Out Our Latest Stock Report on ChargePoint
ChargePoint Profile
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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