Jefferies Financial Group Inc. Makes New $756,000 Investment in Energy Vault Holdings, Inc. $NRGV

Jefferies Financial Group Inc. purchased a new stake in Energy Vault Holdings, Inc. (NYSE:NRGV) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 160,481 shares of the company’s stock, valued at approximately $756,000. Jefferies Financial Group Inc. owned 0.09% of Energy Vault at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Forte Asset Management LLC acquired a new stake in shares of Energy Vault during the 1st quarter valued at about $33,000. Mercer Global Advisors Inc. ADV acquired a new position in Energy Vault in the third quarter worth about $36,000. XTX Topco Ltd acquired a new position in Energy Vault in the second quarter worth about $39,000. Banco BTG Pactual S.A. bought a new position in Energy Vault during the third quarter worth about $43,000. Finally, Calamos Advisors LLC bought a new position in Energy Vault during the first quarter worth about $48,000. Institutional investors and hedge funds own 40.03% of the company’s stock.

Insider Transactions at Energy Vault

In related news, Director Stephanie Unwin sold 115,000 shares of the firm’s stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $3.71, for a total transaction of $426,650.00. Following the completion of the sale, the director directly owned 182,245 shares of the company’s stock, valued at $676,128.95. This trade represents a 38.69% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Dylan Hixon acquired 85,518 shares of the business’s stock in a transaction on Friday, August 14th. The stock was acquired at an average price of $3.74 per share, with a total value of $319,837.32. Following the transaction, the director owned 31,864 shares in the company, valued at approximately $119,171.36. The trade was a -159.39% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 17.20% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. Zacks Research upgraded Energy Vault from a “strong sell” rating to a “hold” rating in a research note on Monday, July 6th. Weiss Ratings downgraded Energy Vault from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Wednesday, August 12th. Wall Street Zen lowered Energy Vault from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 15th. Citigroup boosted their price target on Energy Vault from $5.00 to $6.00 and gave the company a “buy” rating in a research note on Thursday, August 20th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and issued a $7.00 price target on shares of Energy Vault in a research report on Wednesday, August 12th. Four investment analysts have rated the stock with a Buy rating, one has given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $6.01.

Energy Vault Trading Up 1.4%

Shares of NRGV stock opened at $3.59 on Monday. Energy Vault Holdings, Inc. has a 12-month low of $1.73 and a 12-month high of $6.64. The company has a market capitalization of $652.81 million, a P/E ratio of -5.44 and a beta of 1.21. The firm has a 50-day moving average price of $3.58 and a 200 day moving average price of $3.87. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 24.07.

Energy Vault (NYSE:NRGV) last released its quarterly earnings results on Tuesday, August 11th. The company reported ($0.17) EPS for the quarter, missing analysts’ consensus estimates of ($0.14) by ($0.03). The firm had revenue of $17.37 million during the quarter, compared to analyst estimates of $14.24 million. Energy Vault had a negative net margin of 48.58% and a negative return on equity of 236.83%. Research analysts forecast that Energy Vault Holdings, Inc. will post -0.56 earnings per share for the current fiscal year.

Energy Vault Profile

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.