ChargePoint (CHPT) General Counsel Eric Sells $42K of Stock

Eric Batill, the General Counsel of ChargePoint Holdings, Inc. (NYSE: CHPT), sold 4,302 shares on September 22, 2026, for about $42,418. The shares were sold at a price of $9.86 each. This transaction was disclosed in a filing after the trade and is part of Batill's ongoing management of his stock holdings.

Inside Batill's Trade

Batill's sale of 4,302 shares represents a personal decision to liquidate part of his stake in ChargePoint. The transaction was not part of a planned sale, and it reflects his current outlook on the stock. The sale comes as ChargePoint's shares are trading significantly below their 52-week high of $12.61, indicating a challenging market environment.

Other Institutional Activity in ChargePoint

Several other institutional investors have also been active with ChargePoint. Blackrock Inc. increased its holdings by 1,318,622 shares, bringing its total to 1,861,913 shares worth about $12.98 million. Vanguard Capital Management LLC added 81,469 shares, ending with 975,753 shares valued around $6.8 million. Geode Capital Management, LLC grew its stake by 388,835 shares to 590,127 shares, valued at approximately $4.11 million. Goldman Sachs Group Inc. increased its holdings by 147,221 shares, totaling 283,284 shares worth about $1.97 million, while State Street Corporation added 153,920 shares, resulting in 254,877 shares valued at about $1.78 million.

ChargePoint Holdings, Inc. Stock Down 32.8%

ChargePoint's shares closed at $10.32 on the day prior to Batill's sale. The stock is currently trading below its 50-day moving average of about $6.61, suggesting it has been under pressure recently. Investors will be watching how the stock performs in the coming weeks, especially in light of the upcoming earnings report.

Recent Earnings

ChargePoint reported revenue of $432.9 million, with a revenue growth rate of 17.7%. However, the company posted a loss with an EPS of -$7.16. The next earnings report is scheduled for December 2, 2026, which could provide further insight into the company's financial health.

Analysts Set New Price Targets

On September 22, 2026, UBS maintained a "Neutral" rating with a price target of $9.00, up from a prior target of $8.00. B. Riley Securities also maintained a "Neutral" rating, raising its target to $8.00 from $6.00 on September 4, 2026. Needham reiterated a "Hold" rating on September 3, 2026, but did not set a new target. The consensus price target for ChargePoint is currently $7.30, based on five analyst opinions.

About ChargePoint Holdings, Inc.

ChargePoint Holdings, Inc. provides electric vehicle (EV) charging solutions in the U.S. and internationally. The company offers a variety of networked charging systems and related services. As the EV market expands, ChargePoint's performance will be closely watched by investors and analysts alike.

Bottom Line

Investors should keep an eye on ChargePoint's upcoming earnings on December 2, 2026, as well as any further insider transactions. Batill's recent sale is a reminder that insider trades can reflect personal financial decisions rather than the company's outlook. The recent 13F filings show a mix of institutional activity, highlighting ongoing interest in ChargePoint despite its recent stock performance.