Skandinaviska Enskilda Banken AB publ grew its holdings in ChargePoint Holdings, Inc. (NYSE:CHPT – Free Report) by 62.0% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,623,836 shares of the company’s stock after acquiring an additional 621,536 shares during the period. Skandinaviska Enskilda Banken AB publ owned 0.38% of ChargePoint worth $2,452,000 as of its most recent SEC filing.
Several other hedge funds also recently modified their holdings of the business. Hsbc Holdings PLC boosted its holdings in ChargePoint by 41.4% in the second quarter. Hsbc Holdings PLC now owns 26,397 shares of the company’s stock worth $39,000 after purchasing an additional 7,723 shares in the last quarter. Vanguard Personalized Indexing Management LLC boosted its stake in shares of ChargePoint by 152.0% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 25,462 shares of the company’s stock worth $38,000 after acquiring an additional 15,358 shares in the last quarter. Perennial Investment Advisors LLC increased its holdings in shares of ChargePoint by 74.4% during the 2nd quarter. Perennial Investment Advisors LLC now owns 24,380 shares of the company’s stock valued at $37,000 after acquiring an additional 10,400 shares during the last quarter. PFG Investments LLC raised its stake in shares of ChargePoint by 32.2% in the 2nd quarter. PFG Investments LLC now owns 34,102 shares of the company’s stock valued at $51,000 after acquiring an additional 8,297 shares in the last quarter. Finally, Rhumbline Advisers lifted its holdings in ChargePoint by 28.6% in the 2nd quarter. Rhumbline Advisers now owns 521,677 shares of the company’s stock worth $788,000 after purchasing an additional 116,037 shares during the last quarter. Institutional investors and hedge funds own 37.77% of the company’s stock.
ChargePoint Stock Performance
NYSE CHPT opened at $1.35 on Tuesday. ChargePoint Holdings, Inc. has a twelve month low of $1.21 and a twelve month high of $5.23. 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 stock has a market cap of $571.54 million, a P/E ratio of -1.14 and a beta of 1.70. The company’s 50-day simple moving average is $1.78 and its 200 day simple moving average is $1.71.
Analyst Ratings Changes
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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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