Evolv Technologies Holdings Inc (NASDAQ: EVLV) is -15.47% lower on its value in year-to-date trading and has touched a low of $2.01 and a high of $6.51 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The EVLV stock was last observed hovering at around $3.94 in the last trading session, with the day’s gains setting it 0.05%.
Currently trading at $3.99, the stock is 5.40% and 18.65% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.07 million and changing 1.27% at the moment leaves the stock 5.81% off its SMA200. EVLV registered -32.94% loss for a year compared to 6-month loss of 10.53%.
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The stock witnessed a 30.82% gain in the last 1 month and extending the period to 3 months gives it a 66.25%, and is 10.53% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.55% over the week and 7.90% over the month.
Evolv Technologies Holdings Inc (EVLV) has around 293 employees, a market worth around $628.62M and $89.22M in sales. Profit margin for the company is -21.38%. Distance from 52-week low is 98.51% and -38.71% from its 52-week high. The company has generated returns on investments over the last 12 months (-12.41%).
The EPS is expected to grow by 27.08% this year.
Evolv Technologies Holdings Inc (EVLV) Top Institutional Holders
217.0 institutions hold shares in Evolv Technologies Holdings Inc (EVLV), with institutional investors hold 64.51% of the company’s shares. The shares outstanding are 151.31M, and float is at 107.85M with Short Float at 13.07%. Institutions hold 53.56% of the Float.
The top institutional shareholder in the company is GENERAL CATALYST GROUP MANAGEMENT, LLC with over 10.8 million shares valued at $27.53 million. The investor’s holdings represent 7.0528% of the EVLV Shares outstanding. As of 2024-06-30, the second largest holder is DATA COLLECTIVE IV GP, LLC with 9.68 million shares valued at $24.69 million to account for 6.3245 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 8.63 million shares representing 5.6403% and valued at over $22.02 million, while VANGUARD GROUP INC holds 5.0006 of the shares totaling 7.65 million with a market value of $19.52 million.
Evolv Technologies Holdings Inc (EVLV) Insider Activity
The most recent transaction is an insider purchase by Glat Neil, the company’s Director. SEC filings show that Glat Neil bought 8,333 shares of the company’s common stock on Aug 14 ’24 at a price of $3.00 per share for a total of $24999.0. Following the purchase, the insider now owns 0.16 million shares.
Evolv Technologies Holdings Inc disclosed in a document filed with the SEC on Aug 13 ’24 that Gonzales David Mounts (Director) bought a total of 50,000 shares of the company’s common stock. The trade occurred on Aug 13 ’24 and was made at $3.00 per share for $0.15 million. Following the transaction, the insider now directly holds 0.12 million shares of the EVLV stock.
Still, SEC filings show that on Jun 13 ’24, Saintil Merline (Director) disposed off 7,754 shares at an average price of $2.37 for $18377.0. The insider now directly holds 81,086 shares of Evolv Technologies Holdings Inc (EVLV).
