Atala Financial Inc Makes New $31,000 Investment in Energy Vault Holdings, Inc. (NYSE:NRGV)

Atala Financial Inc bought a new position in shares of Energy Vault Holdings, Inc. (NYSE:NRGV) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 13,387 shares of the company’s stock, valued at approximately $31,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Charles Schwab Investment Management Inc. grew its stake in shares of Energy Vault by 44.2% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 889,493 shares of the company’s stock worth $2,028,000 after buying an additional 272,465 shares during the last quarter. Truist Financial Corp bought a new stake in shares of Energy Vault during the fourth quarter worth $27,000. Rhumbline Advisers grew its stake in shares of Energy Vault by 4.9% in the fourth quarter. Rhumbline Advisers now owns 146,881 shares of the company’s stock worth $335,000 after purchasing an additional 6,851 shares during the last quarter. Root Financial Partners LLC grew its stake in shares of Energy Vault by 35.0% in the fourth quarter. Root Financial Partners LLC now owns 30,404 shares of the company’s stock worth $69,000 after purchasing an additional 7,876 shares during the last quarter. Finally, PFG Investments LLC bought a new stake in shares of Energy Vault in the fourth quarter worth $42,000. Institutional investors own 40.03% of the company’s stock.

Energy Vault Stock Down 1.3 %

Shares of Energy Vault stock opened at $1.15 on Friday. Energy Vault Holdings, Inc. has a twelve month low of $0.78 and a twelve month high of $2.70. The stock has a market cap of $174.18 million, a price-to-earnings ratio of -1.76 and a beta of 0.45. The company’s fifty day moving average is $1.67 and its 200 day moving average is $1.56.

Energy Vault Profile

Energy Vault Holdings, Inc develops and sells energy storage solutions. The company offers B-Vault, an electrochemical battery energy storage systems for shorter-duration energy storage needs; G-Vault, a proprietary gravity energy storage solution, including EVx solution; and H-Vault, a hybrid energy storage systems including systems that integrate green hydrogen.