Vanguard Group Inc. Raises Holdings in Evolv Technologies Holdings, Inc. $EVLV

Vanguard Group Inc. boosted its stake in shares of Evolv Technologies Holdings, Inc. (NASDAQ:EVLV) by 15.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,784,926 shares of the company’s stock after acquiring an additional 1,802,928 shares during the quarter. Vanguard Group Inc. owned 0.08% of Evolv Technologies worth $98,700,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of the stock. Arizona State Retirement System boosted its holdings in Evolv Technologies by 5.7% during the 3rd quarter. Arizona State Retirement System now owns 31,581 shares of the company’s stock valued at $238,000 after acquiring an additional 1,694 shares during the period. CW Advisors LLC boosted its holdings in Evolv Technologies by 19.0% during the 2nd quarter. CW Advisors LLC now owns 12,614 shares of the company’s stock valued at $79,000 after acquiring an additional 2,014 shares during the period. Victory Capital Management Inc. boosted its holdings in Evolv Technologies by 16.5% during the 3rd quarter. Victory Capital Management Inc. now owns 15,601 shares of the company’s stock valued at $118,000 after acquiring an additional 2,206 shares during the period. Jones Financial Companies Lllp boosted its holdings in Evolv Technologies by 29.1% during the 3rd quarter. Jones Financial Companies Lllp now owns 10,065 shares of the company’s stock valued at $77,000 after acquiring an additional 2,266 shares during the period. Finally, FNY Investment Advisers LLC boosted its holdings in Evolv Technologies by 48.3% during the 4th quarter. FNY Investment Advisers LLC now owns 8,897 shares of the company’s stock valued at $63,000 after acquiring an additional 2,897 shares during the period. 66.65% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages recently weighed in on EVLV. Weiss Ratings restated a “sell (d-)” rating on shares of Evolv Technologies in a report on Tuesday, April 21st. Zacks Research upgraded Evolv Technologies from a “hold” rating to a “strong-buy” rating in a report on Monday, April 27th. Two investment analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Buy” and a consensus price target of $9.13.

Evolv Technologies Price Performance

Shares of EVLV stock opened at $6.02 on Thursday. The firm has a market cap of $1.08 billion, a P/E ratio of -26.17 and a beta of 1.82. Evolv Technologies Holdings, Inc. has a fifty-two week low of $4.16 and a fifty-two week high of $8.91. The business’s 50 day moving average price is $6.09 and its 200-day moving average price is $6.33. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.15 and a current ratio of 1.23.

Evolv Technologies (NASDAQ:EVLV) last issued its quarterly earnings data on Tuesday, May 12th. The company reported ($0.03) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.03. The firm had revenue of $46.33 million for the quarter, compared to analyst estimates of $44.23 million. Evolv Technologies had a negative return on equity of 34.80% and a negative net margin of 22.75%. On average, equities research analysts anticipate that Evolv Technologies Holdings, Inc. will post -0.18 earnings per share for the current year.

Key Evolv Technologies News

Here are the key news stories impacting Evolv Technologies this week:

• Positive Sentiment: Evolv reported Q1 EPS of about -$0.02 to -$0.03, beating estimates, and revenue of $46.33 million, also ahead of forecasts. Article Title
• Positive Sentiment: The company raised its 2026 revenue guidance to $175 million-$180 million, slightly above consensus, signaling management confidence in growth. Article Title
• Positive Sentiment: Bank of America Stadium highlighted efficient game-day operations using Evolv Express, and announced a renewal/upgrade, which supports product adoption and customer retention. Article Title
• Positive Sentiment: Management announced an Investor Day on June 9, which could help showcase strategy, growth plans, and product momentum. Article Title
• Neutral Sentiment: Traders bought an unusually high number of call options, suggesting increased speculation and potential for elevated trading activity. Article Title
• Negative Sentiment: Evolv also clarified that some market data websites misrepresented its Q1 results, which may have created confusion and added short-term pressure on the stock. Article Title

Insider Buying and Selling at Evolv Technologies

In other news, Director Michael Ellenbogen sold 91,771 shares of Evolv Technologies stock in a transaction that occurred 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 sale, the director directly owned 2,083,961 shares in the company, valued at approximately $10,628,201.10. This trade represents a 4.22% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed 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.