Energy Vault Holdings Inc’s filing revealed that its Chief Executive Officer Piconi Robert unloaded Company’s shares for reported $17743.0 on Dec 13 ’24. In the deal valued at $1.83 per share,9,697 shares were sold. As a result of this transaction, Piconi Robert now holds 17,613,664 shares worth roughly $43.51 million.
Then, Ladwa Akshay sold 23,557 shares, generating $43,102 in total proceeds. Upon selling the shares at $1.83, the Chief Engineering Officer now owns 1,462,364 shares.
Before that, Wiese Christopher sold 9,854 shares. Energy Vault Holdings Inc shares valued at $18,030 were divested by the Chief Operating Officer at a price of $1.83 per share. As a result of the transaction, Wiese Christopher now holds 968,073 shares, worth roughly $2.39 million.
Chardan Capital Markets downgraded its Energy Vault Holdings Inc [NRGV] rating to a Sell from a a Buy in a research note published recently. A number of analysts have revised their coverage, including TD Cowen’s analysts, who remained covering the stock and in mid March has reiterated a ‘”an Outperform”‘ rating for it. ROTH MKM began covering NRGV with “Buy” recommendation on January 16, 2024. Guggenheim revised its rating on March 06, 2023. It rated NRGV as “a Neutral” which previously was an “a Buy”.
Price Performance Review of NRGV
On Monday, Energy Vault Holdings Inc [NYSE:NRGV] saw its stock fall -2.37% to $2.47. Over the last five days, the stock has gained 9.78%. Energy Vault Holdings Inc shares have risen nearly 8.33% since the year began. Nevertheless, the stocks have risen 18.75% over the past one year. While a 52-week high of $2.56 was reached on 01/06/25, a 52-week low of $0.78 was recorded on 01/02/25. SMA at 50 days reached $1.86, while 200 days put it at $1.33.
Levels Of Support And Resistance For NRGV Stock
The 24-hour chart illustrates a support level at 2.36, which if violated will result in even more drops to 2.25. On the upside, there is a resistance level at 2.60. A further resistance level may holdings at 2.73. The Relative Strength Index (RSI) on the 14-day chart is 64.61, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.40, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 12.82%. Stochastics %K at 87.37% indicates the stock is a selling.
How much short interest is there in Energy Vault Holdings Inc?
A steep rise in short interest was recorded in Energy Vault Holdings Inc stocks on 2024-12-13, dropping by -0.72 million shares to a total of 17.81 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 18.53 million shares. There was a decline of -4.02%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on June 29, 2022 when Chardan Capital Markets began covering the stock and recommended ‘”a Buy”‘ rating along with a $13 price target.
