Evolv Technologies Holdings, Inc. (NASDAQ:EVLV) Shares Sold by Corbin Capital Partners L.P.

Corbin Capital Partners L.P. lessened its holdings in Evolv Technologies Holdings, Inc. (NASDAQ:EVLV - Free Report) by 42.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 353,000 shares of the company's stock after selling 259,000 shares during the quarter. Evolv Technologies accounts for approximately 2.3% of Corbin Capital Partners L.P.'s investment portfolio, making the stock its 6th biggest position. Corbin Capital Partners L.P. owned about 0.22% of Evolv Technologies worth $1,394,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of EVLV. Intech Investment Management LLC boosted its holdings in Evolv Technologies by 39.2% in the 4th quarter. Intech Investment Management LLC now owns 57,364 shares of the company's stock valued at $227,000 after purchasing an additional 16,150 shares during the period. Cibc World Markets Corp bought a new stake in shares of Evolv Technologies in the fourth quarter valued at approximately $49,000. Avantax Advisory Services Inc. acquired a new stake in Evolv Technologies during the fourth quarter worth approximately $82,000. Clare Market Investments LLC bought a new position in Evolv Technologies during the 4th quarter worth $71,000. Finally, Roberts Glore & Co. Inc. IL raised its holdings in Evolv Technologies by 62.2% in the 4th quarter. Roberts Glore & Co. Inc. IL now owns 79,500 shares of the company's stock valued at $314,000 after acquiring an additional 30,500 shares in the last quarter. 66.65% of the stock is currently owned by institutional investors and hedge funds.

Evolv Technologies Stock Down 1.9 %

Shares of NASDAQ:EVLV traded down $0.06 during trading on Tuesday, reaching $3.09. 692,863 shares of the company traded hands, compared to its average volume of 1,754,961. Evolv Technologies Holdings, Inc. has a 52 week low of $2.01 and a 52 week high of $5.28. The firm has a market capitalization of $486.83 million, a PE ratio of -22.07 and a beta of 1.68. The company's 50 day moving average is $3.56 and its two-hundred day moving average is $3.60.

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Evolv Technologies Profile

Evolv Technologies Holdings, Inc provides artificial intelligence (AI)-based weapons detection for security screening in the United States and internationally. Its products include Evolv Express, a touchless security screening system designed to detect firearms, improvised explosive devices, and tactical knives; and Evolv Insights that provides self-serve access, insights regarding visitor flow and arrival curves, location specific performance, system detection performance, and alarm statistics.