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Don't Ignore The Insider Selling In ChargePoint Holdings

Simply Wall St ·  Dec 26 20:41

Investors may wish to note that the Chief Legal Officer & Corporate Secretary of ChargePoint Holdings, Inc., Rebecca Chavez, recently netted US$70k from selling stock, receiving an average price of US$1.14. It might not be a huge sale, but it did reduce their holding size 15%, hardly encouraging.

ChargePoint Holdings Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider sale was by the Chief Accounting Officer, Henrik Gerdes, for US$80k worth of shares, at about US$1.51 per share. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. The silver lining is that this sell-down took place above the latest price (US$1.16). So it may not tell us anything about how insiders feel about the current share price.

ChargePoint Holdings insiders didn't buy any shares over the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

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NYSE:CHPT Insider Trading Volume December 26th 2024

For those who like to find hidden gems this free list of small cap companies with recent insider purchasing, could be just the ticket.

Insider Ownership Of ChargePoint Holdings

Many investors like to check how much of a company is owned by insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. From our data, it seems that ChargePoint Holdings insiders own 1.7% of the company, worth about US$8.6m. We do generally prefer see higher levels of insider ownership.

So What Does This Data Suggest About ChargePoint Holdings Insiders?

Insiders haven't bought ChargePoint Holdings stock in the last three months, but there was some selling. And there weren't any purchases to give us comfort, over the last year. Insiders own relatively few shares in the company, and when you consider the sales, we're not particularly excited about the stock. So we're not rushing to buy, to say the least. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing ChargePoint Holdings. Every company has risks, and we've spotted 3 warning signs for ChargePoint Holdings you should know about.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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