Energy Vault director Stephanie Unwin sells $426,983 in shares

Director Stephanie Unwin of Energy Vault Holdings, Inc. (NRGV) divested 115,000 shares, totaling $426,983, on August 26, 2026. The shares were exchanged at a weighted average price of $3.7129 per share, with individual sales ranging from $3.615 to $3.905. The transaction aimed to meet Unwin's Australian tax obligations arising from the vesting of restricted stock units.

Currently, Energy Vault's stock is trading at $3.54, indicating a 75% return over the past year. Following her sale, Unwin directly owns 182,245 shares of the company. InvestingPro analysis suggests the stock is currently trading at Fair Value, with 12 ProTips available to subscribers for further insight. For a comprehensive analysis, investors can consult the Pro Research Report, available for NRGV and 1,400+ other US equities.

Energy Vault's second-quarter 2026 results surpassed Wall Street estimates, generating $17.36 million in revenue, compared to $8.5 million in the same period last year, marking a 104% increase. While the loss per share widened to $0.15, up from the expected $0.14, the company managed to enhance its gross margin to 38.6%. Despite this, Energy Vault has increased its full-year 2026 revenue guidance to a range of $270 million to $310 million.

The company's backlog has reached approximately $2 billion, with projections to reach $3 billion by year-end. Improvements in execution across Energy Vault's project pipeline, particularly in Australia, and the growing demand for fast power deployment have been key factors driving this success. These developments underscore the company's strategic emphasis on data centers and large users necessitating behind-the-meter solutions.