Vanguard Group Inc. Has $90.46 Million Holdings in Evolv Technologies Holdings, Inc. $EVLV

Vanguard Group Inc. increased its position in shares of Evolv Technologies Holdings, Inc. (NASDAQ:EVLV) by 17.1% during the third quarter, Holdings Channel.com reports. The institutional investor owned 11,981,998 shares of the company’s stock after purchasing an additional 1,750,073 shares during the period. Vanguard Group Inc. owned 0.07% of Evolv Technologies worth $90,464,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in EVLV. State of Alaska Department of Revenue acquired a new stake in Evolv Technologies in the third quarter valued at $60,000. Jones Financial Companies Lllp raised its holdings 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 purchasing an additional 2,266 shares during the period. CW Advisors LLC lifted its stake in Evolv Technologies by 19.0% in the 2nd 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. BNP Paribas Financial Markets lifted its stake in Evolv Technologies by 38.3% in the 2nd quarter. BNP Paribas Financial Markets now owns 12,985 shares of the company’s stock valued at $81,000 after purchasing an additional 3,596 shares during the last quarter. Finally, Farther Finance Advisors LLC grew its holdings in Evolv Technologies by 214.8% during the third quarter. Farther Finance Advisors LLC now owns 12,304 shares of the company’s stock worth $93,000 after purchasing an additional 8,396 shares during the period. 66.65% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts have issued reports on EVLV shares. Lake Street Capital upped their price objective on Evolv Technologies from $9.00 to $10.00 and gave the company a “buy” rating in a research note on Friday, November 14th. Weiss Ratings restated a “sell (d-)” rating on shares of Evolv Technologies in a research note on Thursday, January 22nd. One research 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 assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $9.13.

Insider Transactions at Evolv Technologies

In related news, Director Michael Ellenbogen sold 80,745 shares of the business’s stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $5.47, for a total value of $441,675.15. Following the completion of the sale, the director directly owned 2,083,961 shares in the company, valued at $11,399,266.67. The trade was a 3.73% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 11.30% of the stock is owned by company insiders.

Evolv Technologies Trading Down 1.7%

Shares of NASDAQ:EVLV opened at $5.19 on Friday. Evolv Technologies Holdings, Inc. has a 12-month low of $2.64 and a 12-month high of $8.91. The business has a 50 day moving average of $6.09 and a 200-day moving average of $6.98. The company has a quick ratio of 1.20, a current ratio of 1.27 and a debt-to-equity ratio of 0.28. The stock has a market cap of $906.28 million, a PE ratio of -14.03 and a beta of 1.89.

Evolv Technologies 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.