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 the business’s 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 purchase, 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Nuvve Trading Up 1.4 %

NASDAQ NVVE opened at $2.87 on Monday. The stock has a market cap of $2.51 million, a PE ratio of -0.03 and a beta of 1.90. Nuvve Holding Corp. has a twelve month low of $2.71 and a twelve month high of $72.70. The stock has a fifty day simple moving average of $3.63 and a 200-day simple moving average of $5.02.

Institutional Investors Weigh In On Nuvve

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

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.