Energy Vault Holdings director Dylan Hixon purchased 85,518 shares. The transaction occurred on August 14th, as disclosed in an August 17th filing. Hixon acquired the shares at an average price of $3.74. This represented a total investment of approximately $319,837. He made the purchases indirectly, utilizing family trusts and his son.
This insider buying follows Energy Vault's second-quarter earnings report on August 11th. The company raised its full-year 2026 revenue guidance in the report. Energy Vault reported a quarterly loss. However, its revenue exceeded analyst expectations. The director's purchase signals confidence in the energy storage company's outlook, following the positive revenue forecast.