UBS Group AG Sells 168,913 Shares of Evolv Technologies Holdings, Inc. $EVLV

UBS Group AG decreased its position in Evolv Technologies Holdings, Inc. (NASDAQ:EVLV) by 18.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 734,356 shares of the company’s stock after selling 168,913 shares during the quarter. UBS Group AG owned about 0.42% of Evolv Technologies worth $5,258,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in EVLV. State of Alaska Department of Revenue bought a new stake in shares of Evolv Technologies in the 3rd quarter valued at approximately $60,000. FNY Investment Advisers LLC grew its stake in shares of Evolv Technologies by 48.3% in the 4th quarter. FNY Investment Advisers LLC now owns 8,897 shares of the company’s stock valued at $63,000 after buying an additional 2,897 shares in the last quarter. Pekin Hardy Strauss Inc. bought a new stake in shares of Evolv Technologies in the 3rd quarter valued at approximately $76,000. Jones Financial Companies Lllp grew its stake in shares of Evolv Technologies by 29.1% in the 3rd quarter. Jones Financial Companies Lllp now owns 10,065 shares of the company’s stock valued at $77,000 after buying an additional 2,266 shares in the last quarter. Finally, Concurrent Investment Advisors LLC bought a new stake in shares of Evolv Technologies in the 4th quarter valued at approximately $79,000. Institutional investors own 66.65% of the company’s stock.

Insiders Place Their Bets

In related news, Director Michael Ellenbogen sold 91,771 shares of the business’s stock in a transaction that occurred on Friday, March 6th. The stock was sold at an average price of $5.10, for a total value of $468,032.10. Following the completion of the sale, the director directly owned 2,083,961 shares in the company, valued at approximately $10,628,201.10. The trade was a 4.22% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 11.30% of the company’s stock.

Analyst Ratings Changes

EVLV has been the subject of several recent research reports. Weiss Ratings cut Evolv Technologies from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Wednesday, May 13th. Zacks Research raised Evolv Technologies from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 27th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $9.67.

Evolv Technologies Stock Up 1.9%

EVLV opened at $6.00 on Friday. The business has a 50 day moving average price of $6.16 and a 200 day moving average price of $6.24. Evolv Technologies Holdings, Inc. has a twelve month low of $4.86 and a twelve month high of $8.91. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.14 and a current ratio of 1.21. The firm has a market cap of $1.08 billion, a P/E ratio of -26.09 and a beta of 1.82.

Evolv Technologies (NASDAQ:EVLV) last posted its earnings results on Tuesday, May 12th. The company reported ($0.03) earnings per share for the quarter, topping the consensus estimate of ($0.06) by $0.03. Evolv Technologies had a negative return on equity of 33.53% and a negative net margin of 22.75%.The firm had revenue of $46.33 million during the quarter, compared to analyst estimates of $44.23 million. Research analysts forecast that Evolv Technologies Holdings, Inc. will post -0.18 EPS for the current year.

Evolv Technologies Company Profile

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.