Nuvve Holding Corp. (NASDAQ:NVVE) COO Ted C. Smith Buys 3,928 Shares

Nuvve Holding Corp. (NASDAQ:NVVE) COO Ted C. Smith bought 3,928 shares of Nuvve stock in a transaction on Thursday, December 19th. The shares were acquired at an average cost of $2.75 per share, with a total value of $10,802.00. Following the completion of the acquisition, the chief operating officer now owns 5,700 shares of the company’s stock, valued at $15,675. The trade was a 221.67 % increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink.

Nuvve Price Performance

Shares of NVVE stock opened at $2.87 on Friday. Nuvve Holding Corp. has a 1 year low of $2.71 and a 1 year high of $72.70. The firm has a fifty day moving average price of $3.63 and a 200-day moving average price of $5.02. The company has a market cap of $2.50 million, a price-to-earnings ratio of -0.03 and a beta of 1.90.

Institutional Trading of Nuvve

A hedge fund recently bought a new stake in Nuvve stock. Partners Group Holding AG bought a new position in shares of Nuvve Holding Corp. (NASDAQ:NVVE) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 6,316,290 shares of the company’s stock, valued at approximately $33,666,000. Nuvve makes up 2.3% of Partners Group Holding AG’s investment portfolio, making the stock its 21st biggest position. Partners Group Holding AG owned approximately 971.74% of Nuvve at the end of the most recent reporting period. 19.01% of the stock is owned by hedge funds and other institutional investors.

Nuvve Company Profile

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.