Mon Sep 23 22:48:43 UTC 2024: ## Blink Charging Director Sells Shares Amidst Mixed Analyst Opinions

**New York, NY** – Blink Charging Co. (NASDAQ: BLNK) Director Kristina A. Peterson sold 24,077 shares of the company’s stock on September 19th for a total of $43,338.60, according to a recent SEC filing. This insider transaction comes amidst mixed analyst opinions and recent stock activity.

While Blink Charging’s stock traded down slightly on Monday, several hedge funds and institutional investors have recently acquired new positions in the company. Notable among them are BCGM Wealth Management LLC, HSBC Holdings PLC, Principal Financial Group Inc., Victory Capital Management Inc., and Private Advisor Group LLC. Institutional ownership in Blink Charging currently stands at 44.64%.

Analysts have issued mixed ratings for BLNK, with Stifel Nicolaus lowering their price target to $3.50 and setting a “hold” rating, while Benchmark initiated coverage with a “buy” rating and a $5.00 target price. Other analysts, such as Needham & Company LLC and HC Wainwright, also revised their price targets downward, while B. Riley upgraded the stock to a “hold” rating.

Despite the mixed opinions, the stock has an average rating of “Moderate Buy” and a consensus target price of $6.00, according to MarketBeat.

Blink Charging, through its subsidiaries, provides electric vehicle (EV) charging equipment and services in the United States and internationally. The company offers both residential and commercial charging solutions.

**Note:** This news article is a summary of the provided text and does not constitute financial advice.

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