
CEO says: not done yet
ChargePoint CEO Richard Wilmer just added 46,847 shares of CHPT for about $249,999 on April 13, paying an average of $5.3365 a share. That’s the kind of move that says, “I’m willing to eat my own cooking,” which investors tend to notice.
Why this matters
When a CEO buys stock with personal money—especially after a brutal stretch—it can be a small but meaningful vote of confidence. And CHPT has had a rough ride: the stock was trading near its 52-week low of $4.44 and had fallen 55% over the past year.
The catch: one buy doesn’t fix the fundamentals
ChargePoint is still juggling the classic EV-charging-company problem set:
- revenue is growing, but
- profitability is still elusive, and
- the market is basically asking, “Cool story, but when do we get margin?”
The company’s recent Q4 2026 results showed $109 million in revenue, which landed at the high end of guidance, but it also posted a $18 million non-GAAP adjusted EBITDA loss. So yes, the top line is moving in the right direction. The profit line is still doing its best impression of a limbo bar.
Big picture
Insider buys don’t guarantee a turnaround, but they can tell you management thinks the stock is undervalued—or at least not broken beyond repair. For CHPT shareholders, that’s not a cure. It is, however, a little more fuel for the “maybe the worst is priced in” debate.
