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Director Thomas R. Ertel of Energy Vault Holdings , Inc. (NYSE:NRGV) purchased 13,300 shares of common stock on August 11, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The insider purchase comes as the stock has shown strong momentum, with InvestingPro data showing a 24.56% return over the past week.
The shares were bought in a single transaction at a price of $1.4399, for a total value of $19,150. Following the transaction, Ertel directly owns 188,006 shares of Energy Vault Holdings. The $229.83M market cap company currently trades near its purchase price, though InvestingPro analysis indicates the stock is overbought and shows high price volatility. InvestingPro subscribers have access to 15 additional key insights about NRGV, including detailed financial health metrics and growth projections.
In other recent news, Energy Vault Holdings Inc. reported its financial results for the second quarter of 2025, revealing a significant miss on both earnings and revenue forecasts. The company posted an earnings per share of -$0.22, which was below the forecasted -$0.11. Revenue was reported at $8.5 million, falling short of the expected $25.93 million. These results reflect a notable gap between the company’s performance and analyst expectations. There were no additional updates on mergers or acquisitions involving Energy Vault. Furthermore, there have been no recent analyst upgrades or downgrades reported. Investors may want to keep an eye on future announcements from Energy Vault for any strategic changes.
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