Sapient Capital LLC Reduces Stock Position in Evolv Technologies Holdings, Inc. $EVLV

Sapient Capital LLC cut its holdings in shares of Evolv Technologies Holdings, Inc. (NASDAQ:EVLV) by 47.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 381,423 shares of the company’s stock after selling 339,645 shares during the period. Sapient Capital LLC’s holdings in Evolv Technologies were worth $2,693,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Evolv Technologies by 6.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 79,928 shares of the company’s stock worth $249,000 after acquiring an additional 5,050 shares in the last quarter. Creative Planning purchased a new stake in shares of Evolv Technologies during the second quarter worth about $189,000. JPMorgan Chase & Co. grew its stake in Evolv Technologies by 192.6% during the second quarter. JPMorgan Chase & Co. now owns 221,915 shares of the company’s stock valued at $1,385,000 after acquiring an additional 146,067 shares in the last quarter. Prudential Financial Inc. bought a new stake in Evolv Technologies in the 2nd quarter worth approximately $94,000. Finally, CW Advisors LLC increased its holdings in shares of Evolv Technologies by 19.0% in the 2nd quarter. CW Advisors LLC now owns 12,614 shares of the company’s stock worth $79,000 after buying an additional 2,014 shares during the last quarter. Institutional investors own 66.65% of the company’s stock.

Evolv Technologies Price Performance

Shares of Evolv Technologies stock opened at $5.62 on Tuesday. The company has a quick ratio of 1.14, a current ratio of 1.21 and a debt-to-equity ratio of 0.24. The firm has a market cap of $1.01 billion, a PE ratio of -24.43 and a beta of 1.82. Evolv Technologies Holdings, Inc. has a twelve month low of $4.86 and a twelve month high of $8.91. The business has a 50-day moving average price of $6.12 and a 200 day moving average price of $6.28.

Evolv Technologies (NASDAQ:EVLV) last announced its earnings results on Tuesday, May 12th. The company reported ($0.03) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.06) by $0.03. Evolv Technologies had a negative net margin of 22.75% and a negative return on equity of 33.53%. The business had revenue of $46.33 million for the quarter, compared to analyst estimates of $44.23 million. Sell-side analysts predict that Evolv Technologies Holdings, Inc. will post -0.18 earnings per share for the current fiscal year.

Analyst Ratings Changes

EVLV has been the topic of several analyst reports. Weiss Ratings downgraded shares of Evolv Technologies from a “sell (d-)” rating to a “sell (e+)” rating in a report on Wednesday, May 13th. Zacks Research raised shares of Evolv Technologies from a “hold” rating to a “strong-buy” rating in a report on Monday, April 27th. Two analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $9.13.

Insider Activity at Evolv Technologies

In other Evolv Technologies news, Director Michael Ellenbogen sold 91,771 shares of the business’s stock in a transaction on Friday, March 6th. The stock was sold at an average price of $5.10, for a total transaction of $468,032.10. Following the transaction, the director owned 2,083,961 shares of the company’s stock, valued at approximately $10,628,201.10. The trade was a 4.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 11.30% of the company’s stock.

Evolv Technologies Company 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.