Nuvve Holding Corp. (NASDAQ:NVVE – Get Free Report) COO Ted C. Smith acquired 3,928 shares of the company’s stock in a transaction on Thursday, December 19th. The shares were bought at an average cost of $2.75 per share, with a total value of $10,802.00. Following the acquisition, the chief operating officer now directly owns 5,700 shares in the company, valued at approximately $15,675. The trade was a 221.67 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website.
Nuvve Trading Up 1.4 %
NASDAQ:NVVE opened at $2.87 on Friday. The company has a market capitalization of $2.50 million, a P/E ratio of -0.03 and a beta of 1.90. The business’s 50-day moving average is $3.63 and its 200 day moving average is $5.02. Nuvve Holding Corp. has a 12 month low of $2.71 and a 12 month high of $72.70.
Institutional Trading of Nuvve
An institutional investor recently bought a new position in Nuvve stock. Partners Group Holding AG purchased a new position in Nuvve Holding Corp. (NASDAQ:NVVE – Free Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 6,316,290 shares of the company’s stock, valued at approximately $33,666,000. Nuvve comprises approximately 2.3% of Partners Group Holding AG’s holdings, making the stock its 21st biggest position. Partners Group Holding AG owned about 971.74% of Nuvve as of its most recent SEC filing. Institutional investors and hedge funds own 19.01% of the company’s stock.
About Nuvve
Nuvve Holding Corp., a green energy technology company, provides commercial vehicle-to-grid (V2G) technology platform in the United States, the United Kingdom, France, and Denmark. The company offers Grid Integrated Vehicle platform, which enables electric vehicle (EV) batteries to store and resell unused energy back to the local electric grid and provide other grid services, as well as allows EV owners to meet the energy demands of individual vehicles and entire fleets.
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