Summary by Moomoo AI
The Vanguard Group has filed an amended Schedule 13G with the Securities and Exchange Commission on September 30, 2024, indicating a significant ownership stake in ChargePoint Holdings Inc. The filing reveals that The Vanguard Group now beneficially owns 38,169,053 shares of ChargePoint's common stock, which represents 8.84% of the company's class of securities. This ownership includes both sole and shared dispositive power over millions of shares, with The Vanguard Group having sole dispositive power over 37,256,931 shares and shared dispositive power over 912,122 shares. The Vanguard Group, a Pennsylvania-based investment advisor, has reported this stake as part of its regulatory requirements, and the filing indicates that its clients have the right to receive dividends or proceeds from the sale of these securities.