Y Intercept Hong Kong Ltd Invests $1.30 Million in Evolv Technologies Holdings, Inc. $EVLV

Y Intercept Hong Kong Ltd acquired a new stake in shares of Evolv Technologies Holdings, Inc. (NASDAQ:EVLV) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 172,436 shares of the company’s stock, valued at approximately $1,302,000. Y Intercept Hong Kong Ltd owned about 0.10% of Evolv Technologies as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the company. State of Alaska Department of Revenue bought a new stake in shares of Evolv Technologies during the 3rd quarter valued at about $60,000. CW Advisors LLC boosted its holdings in shares of Evolv Technologies by 19.0% in 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. BNP Paribas Financial Markets grew its position in Evolv Technologies by 38.3% during the second quarter. BNP Paribas Financial Markets now owns 12,985 shares of the company’s stock valued at $81,000 after buying an additional 3,596 shares during the period. Farther Finance Advisors LLC grew its position in Evolv Technologies by 214.8% during the third quarter. Farther Finance Advisors LLC now owns 12,304 shares of the company’s stock valued at $93,000 after buying an additional 8,396 shares during the period. Finally, Prudential Financial Inc. purchased a new stake in Evolv Technologies during the second quarter valued at approximately $94,000. Institutional investors own 66.65% of the company’s stock.

Insider Buying and Selling

In other Evolv Technologies news, Director Kevin M. Charlton purchased 15,000 shares of the stock in a transaction that occurred on Friday, November 21st. The shares were bought at an average cost of $5.68 per share, with a total value of $85,200.00. Following the acquisition, the director owned 44,081 shares in the company, valued at approximately $250,380.08. This trade represents a 51.58% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Richard A. Shapiro acquired 30,000 shares of the business’s stock in a transaction on Thursday, November 20th. The shares were bought at an average cost of $6.00 per share, with a total value of $180,000.00. Following the completion of the acquisition, the director owned 52,515 shares in the company, valued at approximately $315,090. This represents a 133.24% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last three months, insiders have acquired 61,300 shares of company stock valued at $363,326. Corporate insiders own 11.30% of the company’s stock.

Wall Street Analysts Forecast Growth

EVLV has been the subject of a number of recent research reports. Weiss Ratings reissued a “sell (d-)” rating on shares of Evolv Technologies in a research report on Thursday, January 22nd. Lake Street Capital boosted their price target on Evolv Technologies from $9.00 to $10.00 and gave the company a “buy” rating in a report on Friday, November 14th. Finally, Zacks Research upgraded Evolv Technologies from a “strong sell” rating to a “hold” rating in a research report on Friday, October 17th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Evolv Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $9.13.

Evolv Technologies Stock Down 2.7%

EVLV opened at $6.19 on Friday. The stock has a market cap of $1.08 billion, a price-to-earnings ratio of -16.73 and a beta of 1.85. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.20 and a current ratio of 1.27. The firm’s fifty day moving average is $6.67 and its 200 day moving average is $7.20. Evolv Technologies Holdings, Inc. has a fifty-two week low of $2.64 and a fifty-two week high of $8.91.

Evolv Technologies (NASDAQ:EVLV) last posted its quarterly earnings results on Thursday, November 13th. The company reported ($0.01) EPS for the quarter, beating analysts’ consensus estimates of ($0.07) by $0.06. The business had revenue of $42.85 million for the quarter, compared to analysts’ expectations of $33.73 million. Evolv Technologies had a negative return on equity of 55.11% and a negative net margin of 43.76%. On average, sell-side analysts forecast that Evolv Technologies Holdings, Inc. will post -0.27 earnings per share for the current fiscal year.

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.