KD Logo

Chief Engineering Officer Ladwa Akshay sale 26,698 shares of Energy Vault Holdings Inc [NRGV]

NUE

The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Energy Vault Holdings Inc shares valued at $18,846 were sold by Ladwa Akshay on Apr 04 ’25. At $0.71 per share, Ladwa Akshay sold 26,698 shares. The insider’s holdings dropped to 2,270,651 shares worth approximately $1.48 million following the completion of this transaction.

Also, Piconi Robert sold 16,594 shares, netting a total of over 11,714 in proceeds. Following the sale of shares at $0.71 each, the insider now holds 20,094,264 shares.

Before that, Wiese Christopher had sold 20,530 shares from its account. In a trade valued at $14,492, the Chief Operating Officer traded Energy Vault Holdings Inc shares for $0.71 each. Upon closing the transaction, the insider’s holdings decreased to 20,530 shares, worth approximately $0.78 million.

As published in a research note from TD Cowen on March 18, 2025, Energy Vault Holdings Inc [NRGV] has been retained to a Buy and the price target has been revised to $2. Analysts at Chardan Capital Markets downgraded the stock from ‘”a Buy”‘ to ‘”a Sell”‘ outlook in a report released in early April. As of March 13, 2024, TD Cowen has reiterated its “an Outperform” rating for NRGV. Earlier on January 16, 2024, ROTH MKM initiated its rating. Their recommendation was “a Buy” for NRGV stock.

Analyzing NRGV Stock Performance

During the last five days, there has been a drop of approximately -7.75%. Over the course of the year, Energy Vault Holdings Inc shares have dropped approximately -71.67%. Shares of the company reached a 52-week high of $2.6950 on 01/07/25 and a 52-week low of $0.5959 on 04/21/25. A 50-day SMA is recorded $1.0556, while a 200-day SMA reached $1.3510.

Support And Resistance Levels for Energy Vault Holdings Inc (NRGV)

According to the 24-hour chart, there is a support level at 0.6058, which, if violated, would cause prices to drop to 0.5656. In the upper region, resistance lies at 0.7131. The next price resistance is at 0.7802. RSI (Relative Strength Index) is 37.25 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.0371, which suggests the price will decrease in the coming days. Percent R is at 80.21%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.

Most Popular