UBS Group AG Has $5.26 Million Holdings in Evolv Technologies Holdings, Inc. $EVLV

UBS Group AG cut its holdings in shares of Evolv Technologies Holdings, Inc. (NASDAQ:EVLV) by 18.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 734,356 shares of the company’s stock after selling 168,913 shares during the quarter. UBS Group AG’s holdings in Evolv Technologies were worth $5,258,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Arizona State Retirement System lifted its holdings in shares of Evolv Technologies by 5.7% during the third quarter. Arizona State Retirement System now owns 31,581 shares of the company’s stock worth $238,000 after buying an additional 1,694 shares during the last quarter. CW Advisors LLC lifted its holdings in shares of Evolv Technologies by 19.0% during the second 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. Victory Capital Management Inc. lifted its holdings in shares of Evolv Technologies by 16.5% during the third quarter. Victory Capital Management Inc. now owns 15,601 shares of the company’s stock worth $118,000 after buying an additional 2,206 shares during the last quarter. Jones Financial Companies Lllp lifted its holdings in shares of Evolv Technologies by 29.1% during the third quarter. Jones Financial Companies Lllp now owns 10,065 shares of the company’s stock worth $77,000 after buying an additional 2,266 shares during the last quarter. Finally, FNY Investment Advisers LLC lifted its holdings in shares of Evolv Technologies by 48.3% during the fourth quarter. FNY Investment Advisers LLC now owns 8,897 shares of the company’s stock worth $63,000 after buying an additional 2,897 shares during the last quarter. 66.65% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Evolv Technologies

In related news, Director Michael Ellenbogen sold 91,771 shares of the company’s stock in a transaction on Friday, March 6th. The stock was sold at an average price of $5.10, for a total value of $468,032.10. Following the completion of the transaction, the director directly owned 2,083,961 shares in the company, valued at approximately $10,628,201.10. This represents a 4.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 11.30% of the company’s stock.

Wall Street Analyst Weigh In

EVLV has been the subject of a number of research analyst reports. Weiss Ratings lowered Evolv Technologies from a “sell (d-)” rating to a “sell (e+)” rating in a report on Wednesday, May 13th. Zacks Research upgraded Evolv Technologies from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 27th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $9.67.

Evolv Technologies Stock Performance

Shares of NASDAQ EVLV opened at $6.00 on Friday. The business has a fifty day simple moving average of $6.16 and a 200 day simple moving average of $6.24. The company has a current ratio of 1.21, a quick ratio of 1.14 and a debt-to-equity ratio of 0.24. The firm has a market capitalization of $1.08 billion, a price-to-earnings ratio of -26.09 and a beta of 1.82. Evolv Technologies Holdings, Inc. has a one year low of $4.86 and a one year high of $8.91.

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

About Evolv Technologies

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.