Evolv Technologies Holdings Inc (NASDAQ: EVLV) is -16.20% lower on its value in year-to-date trading and has touched a low of $2.01 and a high of $4.65 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 $3.35 in the last trading session, with the day’s loss setting it -0.04%.
Currently trading at $3.31, the stock is 5.10% and -1.46% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.51 million and changing -1.19% at the moment leaves the stock -5.06% off its SMA200. EVLV registered -15.99% loss for a year compared to 6-month loss of -17.25%. The firm has a 50-day simple moving average (SMA 50) of $3.3591 and a 200-day simple moving average (SMA200) of $3.486525.
The stock witnessed a 7.12% gain in the last 1 month and extending the period to 3 months gives it a 7.82%, and is 3.44% 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 6.46% over the week and 7.38% over the month.
Profit margin for the company is -21.38%. Distance from 52-week low is 64.68% and -28.82% from its 52-week high. The company has generated returns on investments over the last 12 months (-12.41%).
with sales reaching $26.4M over the same period.The EPS is expected to grow by 37.04% this year, but quarterly earnings will post 26.36% year-over-year. Quarterly sales are estimated to grow 30.76% in year-over-year returns.
Evolv Technologies Holdings Inc (EVLV) Top Institutional Holders
242.0 institutions hold shares in Evolv Technologies Holdings Inc (EVLV), with institutional investors hold 68.46% of the company’s shares. The shares outstanding are 157.47M, and float is at 108.31M with Short Float at 14.47%. Institutions hold 56.76% 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 6.8997% 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 6.1872 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 8.63 million shares representing 5.5179% 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 sale by Ellenbogen Michael, the company’s Founder & Chief Innovation Ofc. SEC filings show that Ellenbogen Michael sold 56,263 shares of the company’s common stock on Mar 03 ’25 at a price of $3.30 per share for a total of $0.19 million. Following the sale, the insider now owns 2.08 million shares.
Evolv Technologies Holdings Inc disclosed in a document filed with the SEC on Mar 03 ’25 that Chitkara Anil (Founder & Chief Growth Officer) sold a total of 72,148 shares of the company’s common stock. The trade occurred on Mar 03 ’25 and was made at $3.30 per share for $0.24 million. Following the transaction, the insider now directly holds 1.28 million shares of the EVLV stock.
Still, SEC filings show that on Nov 04 ’24, Muelhoefer Jay (Chief Commercial Officer) disposed off 80,959 shares at an average price of $2.21 for $0.18 million. The insider now directly holds 175,148 shares of Evolv Technologies Holdings Inc (EVLV).
