ChargePoint (NYSE:CHPT) Shares Down 7.2% After Insider Selling

ChargePoint Holdings, Inc. (NYSE:CHPT – Get Rating)’s share price fell 7.2% during trading on Monday after an insider sold shares in the company. The stock traded as low as $11.63 and last traded at $11.66. 194,366 shares were traded during trading, a decline of 98% from the average session volume of 9,629,471 shares. The stock had previously closed at $12.56.Specifically, CAO Henrik Gerdes sold 31,142 shares of the firm’s stock in a transaction dated Thursday, September 8th. The shares were sold at an average price of $16.69, for a total value of $519,759.98. Following the completion of the sale, the chief accounting officer now owns 94,253 shares in the company, valued at $1,573,082.57. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other ChargePoint news, CAO Henrik Gerdes sold 31,142 shares of the firm’s stock in a transaction dated Thursday, September 8th. The shares were sold at an average price of $16.69, for a total transaction of $519,759.98. Following the completion of the transaction, the chief accounting officer now directly owns 94,253 shares in the company, valued at approximately $1,573,082.57. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Eric Sidle sold 33,442 shares of the company’s stock in a transaction dated Friday, August 12th. The shares were sold at an average price of $18.55, for a total transaction of $620,349.10. Following the completion of the sale, the insider now directly owns 584,561 shares in the company, valued at approximately $10,843,606.55. The disclosure for this sale can be found here. Insiders have sold 177,572 shares of company stock valued at $2,969,102 over the last quarter. Company insiders own 23.64% of the company’s stock.

BlackBerry Limited (NYSE:BB) CEO Sells $2,373,713.68 in Stock

BlackBerry Limited (NYSE:BB – Get Rating) CEO John S. Chen sold 554,606 shares of the company’s stock in a transaction dated Thursday, November 3rd. The stock was sold at an average price of $4.28, for a total transaction of $2,373,713.68. Following the completion of the sale, the chief executive officer now owns 6,447,738 shares in the company, valued at approximately $27,596,318.64. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

DigitalOcean (NASDAQ:DOCN) Issues Q4 Earnings Guidance

DigitalOcean (NASDAQ:DOCN – Get Rating) issued an update on its fourth quarter earnings guidance on Monday morning. The company provided EPS guidance of $0.18-$0.19 for the period, compared to the consensus EPS estimate of $0.27. The company issued revenue guidance of $160-$162 million, compared to the consensus revenue estimate of $167.96 million. DigitalOcean also updated its FY 2022 guidance to $0.79-$0.80 EPS.

Block (NYSE:SQ) Stock Price Up 6% on Analyst Upgrade

Block, Inc. (NYSE:SQ – Get Rating)’s share price rose 6% on Monday after BMO Capital Markets raised their price target on the stock from $117.00 to $120.00. BMO Capital Markets currently has an outperform rating on the stock. Block traded as high as $63.88 and last traded at $63.73. Approximately 163,950 shares changed hands during mid-day trading, a decline of 99% from the average daily volume of 17,591,385 shares. The stock had previously closed at $60.11.

Quaker Chemical (NYSE:KWR) Issues Quarterly Earnings Results

Quaker Chemical (NYSE:KWR – Get Rating) issued its quarterly earnings results on Friday. The specialty chemicals company reported $1.74 EPS for the quarter, beating the consensus estimate of $1.43 by $0.31, Briefing.com reports. Quaker Chemical had a net margin of 4.10% and a return on equity of 7.54%. The company had revenue of $492.20 million during the quarter, compared to analysts’ expectations of $482.70 million. During the same quarter last year, the company posted $1.63 EPS. The firm’s revenue was up 9.6% compared to the same quarter last year.

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