Aviv Hillo Sells 10,000 Shares of Blink Charging Co. (NASDAQ:BLNK) Stock

Blink Charging Co. (NASDAQ:BLNKGet Rating) General Counsel Aviv Hillo sold 10,000 shares of the company’s stock in a transaction dated Thursday, September 15th. The stock was sold at an average price of $23.77, for a total transaction of $237,700.00. Following the completion of the transaction, the general counsel now owns 115,026 shares of the company’s stock, valued at approximately $2,734,168.02. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Blink Charging Stock Performance

Shares of Blink Charging stock traded down $0.24 during mid-day trading on Wednesday, hitting $19.96. The stock had a trading volume of 835,414 shares, compared to its average volume of 1,200,346. The firm has a 50-day moving average of $21.31 and a two-hundred day moving average of $20.44. Blink Charging Co. has a 12-month low of $13.60 and a 12-month high of $49.00.

Analysts Set New Price Targets

Several research firms recently weighed in on BLNK. Stifel Nicolaus upped their price target on shares of Blink Charging from $19.00 to $23.00 and gave the stock a “hold” rating in a research report on Tuesday, August 16th. Needham & Company LLC upped their price objective on shares of Blink Charging from $25.00 to $27.00 and gave the company a “buy” rating in a research note on Wednesday, June 15th. DA Davidson upped their price objective on shares of Blink Charging to $19.00 in a research note on Monday, August 15th. Finally, B. Riley assumed coverage on shares of Blink Charging in a research note on Friday, June 17th. They set a “neutral” rating and a $15.00 price objective for the company. Six equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $29.67.

Institutional Trading of Blink Charging

Hedge funds have recently made changes to their positions in the company. Koshinski Asset Management Inc. boosted its position in shares of Blink Charging by 32.8% during the 1st quarter. Koshinski Asset Management Inc. now owns 3,238 shares of the company’s stock worth $86,000 after purchasing an additional 800 shares during the period. Spire Wealth Management boosted its position in shares of Blink Charging by 16.1% during the 2nd quarter. Spire Wealth Management now owns 7,144 shares of the company’s stock worth $118,000 after purchasing an additional 992 shares during the period. Rockefeller Capital Management L.P. boosted its position in shares of Blink Charging by 83.3% during the 4th quarter. Rockefeller Capital Management L.P. now owns 2,200 shares of the company’s stock worth $58,000 after purchasing an additional 1,000 shares during the period. Hexagon Capital Partners LLC boosted its position in shares of Blink Charging by 14,328.6% during the 1st quarter. Hexagon Capital Partners LLC now owns 1,010 shares of the company’s stock worth $27,000 after purchasing an additional 1,003 shares during the period. Finally, Commonwealth Equity Services LLC boosted its position in shares of Blink Charging by 4.2% during the 2nd quarter. Commonwealth Equity Services LLC now owns 29,896 shares of the company’s stock worth $494,000 after purchasing an additional 1,205 shares during the period. Hedge funds and other institutional investors own 36.30% of the company’s stock.

About Blink Charging

(Get Rating)

Blink Charging Co, through its subsidiaries, owns, operates, and provides electric vehicle (EV) charging equipment and networked EV charging services in the United States and internationally. The company offers residential and commercial EV charging equipment that enable EV drivers to recharge at various location types.

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