Energy Vault (NYSE:NRGV) CFO Michael Thomas Beer Sells 65,000 Shares

Posted by Brian Himes on Jul 8th, 2026

Energy Vault Holdings, Inc. (NYSE:NRGV – Get Free Report) CFO Michael Thomas Beer sold 65,000 shares of the firm’s stock in a transaction on Monday, July 6th. The shares were sold at an average price of $4.08, for a total transaction of $265,200.00. Following the completion of the transaction, the chief financial officer directly owned 1,021,806 shares in the company, valued at approximately $4,168,968.48. This represents a 5.98% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Energy Vault Stock Down 6.1%

Energy Vault stock traded down $0.23 during trading on Wednesday, reaching $3.56. 4,223,665 shares of the company’s stock were exchanged, compared to its average volume of 4,522,736. The company’s 50-day moving average is $4.75 and its two-hundred day moving average is $4.33. The company has a debt-to-equity ratio of 4.94, a quick ratio of 1.44 and a current ratio of 1.44. Energy Vault Holdings, Inc. has a 52-week low of $0.75 and a 52-week high of $6.64. The firm has a market cap of $634.57 million, a price-to-earnings ratio of -5.01 and a beta of 1.17.

Energy Vault (NYSE:NRGV – Get Free Report) last announced its quarterly earnings results on Tuesday, May 5th. The company reported ($0.20) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.15) by ($0.05). Energy Vault had a negative net margin of 52.97% and a negative return on equity of 171.09%. The company had revenue of $21.88 million during the quarter, compared to analyst estimates of $20.72 million. On average, analysts predict that Energy Vault Holdings, Inc. will post -0.61 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. Fundamental Research set a $6.05 target price on Energy Vault and gave the company a “buy” rating in a report on Tuesday, March 24th. The Goldman Sachs Group increased their price objective on shares of Energy Vault from $1.75 to $2.00 and gave the company a “sell” rating in a research report on Thursday, March 19th. Citigroup initiated coverage on shares of Energy Vault in a research note on Thursday, June 11th. They set a “neutral” rating and a $5.25 price objective on the stock. Wall Street Zen cut shares of Energy Vault from a “hold” rating to a “sell” rating in a research report on Saturday, May 23rd. Finally, Zacks Research raised shares of Energy Vault from a “strong sell” rating to a “hold” rating in a report on Monday. Two equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $5.08.

Read Our Latest Stock Analysis on NRGV

Institutional Trading of Energy Vault

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. AQR Capital Management LLC boosted its stake in Energy Vault by 381.1% during the 1st quarter. AQR Capital Management LLC now owns 105,296 shares of the company’s stock valued at $73,000 after acquiring an additional 83,410 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Energy Vault by 201.9% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 177,395 shares of the company’s stock worth $125,000 after purchasing an additional 118,641 shares during the last quarter. Goldman Sachs Group Inc. increased its position in shares of Energy Vault by 4.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 398,476 shares of the company’s stock worth $277,000 after purchasing an additional 16,101 shares during the last quarter. Jane Street Group LLC raised its stake in shares of Energy Vault by 613.7% in the 1st quarter. Jane Street Group LLC now owns 139,129 shares of the company’s stock valued at $97,000 after purchasing an additional 119,636 shares in the last quarter. Finally, XTX Topco Ltd acquired a new stake in shares of Energy Vault in the 2nd quarter valued at about $39,000. Institutional investors own 40.03% of the company’s stock.

Energy Vault Company Profile

(Get Free Report)

Energy Vault is a global energy storage technology company specializing in long-duration, gravity-based energy storage solutions. Founded in 2017 and headquartered in Lugano, Switzerland, the firm has developed a modular system that uses large composite blocks and a proprietary crane system to convert excess renewable energy into gravitational potential energy. When energy demand peaks, the system lowers the blocks to generate electricity through regenerative braking, offering a dispatchable, carbon-free alternative to traditional battery storage.

The company’s flagship product line, EVx, integrates advanced materials science, software-driven controls and artificial intelligence to optimize charge and discharge cycles.