Evolv Technologies Holdings, Inc. (NASDAQ:EVLV - Get Free Report) was the recipient of some unusual options trading activity on Tuesday. Investors acquired 5,513 call options on the company. This is an increase of 1,690% compared to the typical daily volume of 308 call options.
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Evolv Technologies by 4.6% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 74,878 shares of the company's stock worth $296,000 after purchasing an additional 3,276 shares during the period. Mariner LLC lifted its stake in Evolv Technologies by 15.9% during the 4th quarter. Mariner LLC now owns 26,532 shares of the company's stock valued at $105,000 after acquiring an additional 3,639 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of Evolv Technologies by 8.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 60,441 shares of the company's stock valued at $245,000 after acquiring an additional 4,756 shares during the last quarter. MetLife Investment Management LLC increased its stake in shares of Evolv Technologies by 7.1% in the third quarter. MetLife Investment Management LLC now owns 77,055 shares of the company's stock worth $312,000 after acquiring an additional 5,090 shares during the period. Finally, Platform Technology Partners raised its holdings in shares of Evolv Technologies by 3.0% during the fourth quarter. Platform Technology Partners now owns 185,451 shares of the company's stock worth $733,000 after purchasing an additional 5,431 shares during the last quarter. 66.65% of the stock is owned by institutional investors and hedge funds.
Evolv Technologies Stock Performance
Shares of NASDAQ EVLV traded down $0.12 during mid-day trading on Friday, hitting $2.85. The stock had a trading volume of 1,440,937 shares, compared to its average volume of 1,697,836. The firm has a market cap of $449.02 million, a PE ratio of -20.36 and a beta of 1.68. The company has a 50 day moving average of $3.50 and a two-hundred day moving average of $3.54. Evolv Technologies has a twelve month low of $2.01 and a twelve month high of $4.83.
About Evolv Technologies
(
Get Free Report)
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.
See Also
Before you consider Evolv Technologies, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Evolv Technologies wasn't on the list.
While Evolv Technologies currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering when you'll finally be able to invest in SpaceX, Starlink, or X.AI? Enter your email address to learn when Elon Musk will let these companies finally IPO.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
