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BlackRock Adds New Stake in Energy Vault Holdings Shares

BlackRock logoBlackRock
Sig1.90Sen+1.20Env0.00Soc0.00Gov0.00
Energy Vault logoEnergy Vault
Sig1.65Sen+1.35Env0.00Soc0.00Gov0.00

BlackRock bought 11,179,762 Energy Vault shares worth about $52.66 million, adding to existing holdings; Millennium Management and Marshall Wace also increased positions. After the transactions, company insiders held 17.20% of shares. Analyst firms reiterated or raised buy ratings and price targets, while Energy Vault’s market cap was reported at about $620.07 million.

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