Key Points
- Director Michael Ellenbogen sold 80,745 shares on Feb. 17 at an average price of $5.47 (≈$441,675), trimming his holding to 2,083,961 shares—a 3.73% reduction.
- Evolv opened at $5.46, trades in a 52‑week range of $2.64–$8.91 with a market cap of about $953M and a negative P/E (−14.76); its 50‑day and 200‑day moving averages are $6.46 and $7.14.
- Analysts are mixed but the consensus is a Moderate Buy with an average price target of $9.13, and institutions/hedge funds own roughly 66.65% of the stock.
Evolv Technologies Holdings, Inc. (NASDAQ:EVLV - Get Free Report) Director Michael Ellenbogen sold 80,745 shares of the stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $5.47, for a total transaction of $441,675.15. Following the completion of the transaction, the director owned 2,083,961 shares of the company's stock, valued at $11,399,266.67. This represents a 3.73% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
Michael Ellenbogen also recently made the following trade(s):
- On Friday, January 16th, Michael Ellenbogen sold 80,745 shares of Evolv Technologies stock. The shares were sold at an average price of $6.20, for a total value of $500,619.00.
Evolv Technologies Price Performance
Shares of Evolv Technologies stock opened at $5.46 on Thursday. Evolv Technologies Holdings, Inc. has a 52 week low of $2.64 and a 52 week high of $8.91. The company has a current ratio of 1.27, a quick ratio of 1.20 and a debt-to-equity ratio of 0.28. The stock has a market cap of $953.43 million, a PE ratio of -14.76 and a beta of 1.86. The company's 50-day moving average price is $6.46 and its two-hundred day moving average price is $7.14.
Wall Street Analyst Weigh In
Several analysts have issued reports on the company. Weiss Ratings restated a "sell (d-)" rating on shares of Evolv Technologies in a report on Thursday, January 22nd. Lake Street Capital upped their price target on shares of Evolv Technologies from $9.00 to $10.00 and gave the company a "buy" rating in a research report on Friday, November 14th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $9.13.
Read Our Latest Stock Report on EVLV
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Arizona State Retirement System boosted its stake in shares of Evolv Technologies by 5.7% during the 3rd quarter. Arizona State Retirement System now owns 31,581 shares of the company's stock valued at $238,000 after buying an additional 1,694 shares during the period. CW Advisors LLC boosted its position in Evolv Technologies by 19.0% during the second quarter. CW Advisors LLC now owns 12,614 shares of the company's stock valued at $79,000 after purchasing an additional 2,014 shares during the last quarter. Victory Capital Management Inc. grew its stake in Evolv Technologies by 16.5% in the third quarter. Victory Capital Management Inc. now owns 15,601 shares of the company's stock valued at $118,000 after purchasing an additional 2,206 shares in the last quarter. Jones Financial Companies Lllp increased its position in Evolv Technologies by 29.1% in the 3rd quarter. Jones Financial Companies Lllp now owns 10,065 shares of the company's stock worth $77,000 after purchasing an additional 2,266 shares during the last quarter. Finally, Advisory Services Network LLC raised its stake in shares of Evolv Technologies by 13.2% during the 4th quarter. Advisory Services Network LLC now owns 22,694 shares of the company's stock worth $162,000 after purchasing an additional 2,651 shares in the last quarter. 66.65% of the stock is owned by hedge funds and other institutional investors.
Evolv Technologies Company Profile
(
Get Free Report)
Evolv Technologies, Inc is a publicly traded American security technology company that develops and markets AI-driven weapons detection and screening solutions. The company’s proprietary platform combines advanced sensors, computer vision software and machine learning algorithms to identify potential threats—such as firearms and knives—while minimizing false positives and preserving high throughput. Evolv’s systems are designed to replace or supplement traditional metal detectors and manual bag checks in high-traffic venues.
The company’s flagship product, Evolv Express, integrates seamlessly into existing security checkpoints, allowing guests to pass through without stopping or emptying their pockets.
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