Evolv Technologies Holdings, Inc. (NASDAQ:EVLV) Given Average Recommendation of “Moderate Buy” by Analysts

Evolv Technologies Holdings, Inc. (NASDAQ:EVLV) has earned an average rating of “Moderate Buy” from the six research firms that are currently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $9.1250.

EVLV has been the topic of several research analyst reports. Lake Street Capital raised their target price on shares of Evolv Technologies from $9.00 to $10.00 and gave the stock a “buy” rating in a research report on Friday, November 14th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Evolv Technologies in a report on Thursday, January 22nd.

Insider Buying and Selling at Evolv Technologies

In other Evolv Technologies news, Director Michael Ellenbogen sold 80,745 shares of the business’s stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $5.47, for a total transaction of $441,675.15. Following the transaction, the director owned 2,083,961 shares in the company, valued at $11,399,266.67. The trade was a 3.73% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 11.30% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. IFC & Insurance Marketing Inc. acquired a new stake in shares of Evolv Technologies in the 4th quarter valued at about $28,000. Caitong International Asset Management Co. Ltd grew its stake in Evolv Technologies by 471.0% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 6,806 shares of the company’s stock worth $49,000 after purchasing an additional 5,614 shares in the last quarter. State of Alaska Department of Revenue bought a new stake in Evolv Technologies in the third quarter valued at about $60,000. FNY Investment Advisers LLC raised its stake in Evolv Technologies by 48.3% during the fourth 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. Finally, Pekin Hardy Strauss Inc. bought a new position in Evolv Technologies during the 3rd quarter worth approximately $76,000. Hedge funds and other institutional investors own 66.65% of the company’s stock.

Evolv Technologies Stock Performance

Shares of NASDAQ EVLV opened at $5.03 on Friday. The company has a 50-day simple moving average of $6.39 and a 200-day simple moving average of $7.11. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.27 and a quick ratio of 1.20. The company has a market cap of $878.34 million, a PE ratio of -13.59 and a beta of 1.86. Evolv Technologies has a 12 month low of $2.64 and a 12 month high of $8.91.

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.