SG Americas Securities LLC Boosts Stock Holdings in Evolv Technologies Holdings, Inc. $EVLV

SG Americas Securities LLC lifted its position in Evolv Technologies Holdings, Inc. (NASDAQ:EVLV) by 637.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 693,269 shares of the company’s stock after acquiring an additional 599,215 shares during the quarter. SG Americas Securities LLC owned approximately 0.40% of Evolv Technologies worth $4,964,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. State of Alaska Department of Revenue purchased a new position in Evolv Technologies during the third quarter worth about $60,000. Pekin Hardy Strauss Inc. purchased a new stake in Evolv Technologies in the 3rd quarter valued at about $76,000. Jones Financial Companies Lllp lifted its position in shares of Evolv Technologies by 29.1% during the 3rd quarter. Jones Financial Companies Lllp now owns 10,065 shares of the company’s stock worth $77,000 after buying an additional 2,266 shares in the last quarter. Legacy Advisors LLC purchased a new position in shares of Evolv Technologies in the 3rd quarter worth approximately $81,000. Finally, Quarry LP bought a new position in shares of Evolv Technologies in the third quarter valued at approximately $91,000. Hedge funds and other institutional investors own 66.65% of the company’s stock.

Insider Activity

In other Evolv Technologies news, Director Michael Ellenbogen sold 91,771 shares of the business’s stock in a transaction 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 sale, the director directly owned 2,083,961 shares in the company, valued at $10,628,201.10. The trade was a 4.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders sold 253,261 shares of company stock valued at $1,410,326 in the last 90 days. Insiders own 11.30% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Evolv Technologies in a report on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $9.13.

Evolv Technologies Stock Down 0.5%

EVLV opened at $6.02 on Thursday. Evolv Technologies Holdings, Inc. has a twelve month low of $2.64 and a twelve month high of $8.91. The company’s 50-day moving average price is $5.61 and its two-hundred day moving average price is $6.63. The stock has a market cap of $1.08 billion, a price-to-earnings ratio of -28.67 and a beta of 1.78. The company has a quick ratio of 1.15, a current ratio of 1.23 and a debt-to-equity ratio of 0.24.

Evolv Technologies (NASDAQ:EVLV) last posted its quarterly earnings results on Tuesday, March 10th. The company reported $0.06 EPS for the quarter, topping analysts’ consensus estimates of ($0.08) by $0.14. Evolv Technologies had a negative net margin of 22.71% and a negative return on equity of 30.45%. The company had revenue of $38.50 million for the quarter, compared to analysts’ expectations of $36.44 million. As a group, equities analysts expect that Evolv Technologies Holdings, Inc. will post -0.27 earnings per share 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.