Key Points
- Insider purchase: Akshay Ladwa bought 4,000 shares on March 2 at an average price of $3.08 (total $12,320), bringing his direct stake to 1,824,384 shares — a 0.22% increase valued at about $5.62 million.
- Market snapshot: NRGV recently traded around $3.23 with a market cap of ~$542 million, a negative P/E, a 1‑year range of $0.60–$6.35, and a MarketBeat consensus rating of "Hold" with a $2.67 target.
- Institutional positioning: Major funds have been increasing exposure (e.g., State Street massively expanded its stake), and institutional investors now own roughly 40% of the stock.
Energy Vault Holdings, Inc. (NYSE:NRGV - Get Free Report) insider Akshay Ladwa purchased 4,000 shares of the company's stock in a transaction on Monday, March 2nd. The shares were bought at an average price of $3.08 per share, for a total transaction of $12,320.00. Following the completion of the transaction, the insider directly owned 1,824,384 shares in the company, valued at $5,619,102.72. This represents a 0.22% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Energy Vault Price Performance
NRGV traded down $0.12 during trading on Thursday, reaching $3.23. The stock had a trading volume of 1,610,063 shares, compared to its average volume of 3,526,226. The stock has a 50 day moving average of $4.50 and a two-hundred day moving average of $3.67. The company has a quick ratio of 0.59, a current ratio of 0.63 and a debt-to-equity ratio of 0.39. The firm has a market capitalization of $541.96 million, a price-to-earnings ratio of -3.40 and a beta of 0.98. Energy Vault Holdings, Inc. has a 1-year low of $0.60 and a 1-year high of $6.35.
Institutional Investors Weigh In On Energy Vault
A number of institutional investors have recently bought and sold shares of NRGV. State Street Corp lifted its position in shares of Energy Vault by 1,004.0% in the fourth quarter. State Street Corp now owns 5,697,735 shares of the company's stock worth $26,267,000 after purchasing an additional 5,181,624 shares in the last quarter. Legal & General Group Plc acquired a new position in Energy Vault in the 4th quarter valued at approximately $18,217,000. Millennium Management LLC lifted its position in Energy Vault by 141.2% in the 3rd quarter. Millennium Management LLC now owns 5,858,734 shares of the company's stock worth $17,400,000 after buying an additional 3,430,094 shares in the last quarter. Invesco Ltd. purchased a new position in shares of Energy Vault during the 4th quarter valued at $11,454,000. Finally, Marshall Wace LLP increased its stake in shares of Energy Vault by 132.7% in the fourth quarter. Marshall Wace LLP now owns 3,194,205 shares of the company's stock worth $14,725,000 after acquiring an additional 1,821,462 shares during the last quarter. 40.03% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several equities analysts have recently weighed in on NRGV shares. The Goldman Sachs Group raised their price objective on shares of Energy Vault from $1.50 to $2.00 and gave the company a "sell" rating in a research report on Wednesday, November 12th. Fundamental Research set a $5.19 target price on shares of Energy Vault and gave the company a "buy" rating in a research note on Tuesday, November 18th. Weiss Ratings restated a "sell (e+)" rating on shares of Energy Vault in a report on Friday, January 9th. Finally, Zacks Research cut Energy Vault from a "hold" rating to a "strong sell" rating in a report on Tuesday, February 17th. Three investment analysts have rated the stock with a Buy rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, Energy Vault currently has a consensus rating of "Hold" and a consensus target price of $2.67.
View Our Latest Stock Analysis on Energy Vault
Energy Vault Company Profile
(
Get Free Report)
Energy Vault is a global energy storage technology company specializing in long-duration, gravity-based energy storage solutions. Founded in 2017 and headquartered in Lugano, Switzerland, the firm has developed a modular system that uses large composite blocks and a proprietary crane system to convert excess renewable energy into gravitational potential energy. When energy demand peaks, the system lowers the blocks to generate electricity through regenerative braking, offering a dispatchable, carbon-free alternative to traditional battery storage.
The company's flagship product line, EVx, integrates advanced materials science, software-driven controls and artificial intelligence to optimize charge and discharge cycles.
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