Nuvve Holding Corp. (NASDAQ:NVVE) COO Buys $10,802.00 in Stock

Nuvve Holding Corp. (NASDAQ:NVVE) COO Ted C. Smith acquired 3,928 shares of the company’s stock in a transaction that occurred 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 purchase, the chief operating officer now owns 5,700 shares in the company, valued at $15,675. This represents a 221.67 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Nuvve Price Performance

Shares of Nuvve stock opened at $2.87 on Monday. Nuvve Holding Corp. has a 1-year low of $2.71 and a 1-year high of $72.70. The stock has a market cap of $2.51 million, a P/E ratio of -0.03 and a beta of 1.90. The stock’s 50 day simple moving average is $3.63 and its 200-day simple moving average is $5.02.

Institutional Trading of Nuvve

A hedge fund recently bought a new stake in Nuvve stock. Partners Group Holding AG purchased a new stake in shares of Nuvve Holding Corp. (NASDAQ:NVVE) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 6,316,290 shares of the company’s stock, valued at approximately $33,666,000. Nuvve comprises approximately 2.3% of Partners Group Holding AG’s portfolio, making the stock its 21st biggest holding. Partners Group Holding AG owned approximately 971.74% of Nuvve as of its most recent filing with the SEC. Institutional investors and hedge funds own 19.01% of the company’s stock.

About Nuvve

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.