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

Nuvve Holding Corp. (NASDAQ:NVVE) COO Ted C. Smith bought 3,928 shares of Nuvve stock in a transaction that occurred on Thursday, December 19th. The stock was purchased at an average price of $2.75 per share, with a total value of $10,802.00. Following the purchase, the chief operating officer now directly owns 5,700 shares in the company, valued at $15,675. The trade was a 221.67 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Nuvve Trading Up 1.4 %

Shares of NVVE stock traded up $0.04 during mid-day trading on Friday, reaching $2.87. The stock had a trading volume of 20,582 shares, compared to its average volume of 301,321. The business’s fifty day moving average is $3.63 and its 200-day moving average is $5.02. The firm has a market cap of $2.50 million, a price-to-earnings ratio of -0.03 and a beta of 1.90. Nuvve Holding Corp. has a 1-year low of $2.71 and a 1-year high of $72.70.

Hedge Funds Weigh In On Nuvve

An institutional investor recently bought a new position in Nuvve stock. Partners Group Holding AG bought a new position in shares of Nuvve Holding Corp. (NASDAQ:NVVE) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 6,316,290 shares of the company’s stock, valued at approximately $33,666,000. Nuvve makes up approximately 2.3% of Partners Group Holding AG’s portfolio, making the stock its 21st biggest position. Partners Group Holding AG owned 971.74% of Nuvve as of its most recent SEC filing. 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.