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 firm’s stock in a transaction dated Thursday, December 19th. The shares were acquired at an average price of $2.75 per share, with a total value of $10,802.00. Following the completion of the transaction, the chief operating officer now owns 5,700 shares of the company’s stock, valued at approximately $15,675. The trade was a 221.67 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Nuvve Price Performance

NVVE stock opened at $2.87 on Friday. Nuvve Holding Corp. has a 12 month low of $2.71 and a 12 month high of $72.70. The firm’s 50-day moving average is $3.63 and its 200 day moving average is $5.02. The company has a market capitalization of $2.51 million, a PE ratio of -0.03 and a beta of 1.90.

Hedge Funds Weigh In On Nuvve

A hedge fund recently bought a new stake in Nuvve stock. Partners Group Holding AG acquired a new position in Nuvve Holding Corp. (NASDAQ:NVVE) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 6,316,290 shares of the company’s stock, valued at approximately $33,666,000. Nuvve makes up about 2.3% of Partners Group Holding AG’s investment portfolio, making the stock its 21st biggest holding. Partners Group Holding AG owned approximately 971.74% of Nuvve as of its most recent SEC filing. 19.01% of the stock is currently owned by hedge funds and other 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.