Geode Capital Management LLC Purchases 35,426 Shares of Evolv Technologies Holdings, Inc. (NASDAQ:EVLV)

Geode Capital Management LLC grew its position in shares of Evolv Technologies Holdings, Inc. (NASDAQ:EVLV) by 1.3% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,856,173 shares of the company’s stock after buying an additional 35,426 shares during the quarter. Geode Capital Management LLC owned 1.81% of Evolv Technologies worth $11,284,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. JPMorgan Chase & Co. lifted its holdings in Evolv Technologies by 8.5% during the third quarter. JPMorgan Chase & Co. now owns 60,441 shares of the company’s stock worth $245,000 after acquiring an additional 4,756 shares during the period. Platform Technology Partners increased its position in shares of Evolv Technologies by 3.0% during the 4th quarter. Platform Technology Partners now owns 185,451 shares of the company’s stock valued at $733,000 after purchasing an additional 5,431 shares during the last quarter. Blue Trust Inc. raised its stake in shares of Evolv Technologies by 11.0% during the 4th quarter. Blue Trust Inc. now owns 81,197 shares of the company’s stock worth $329,000 after purchasing an additional 8,068 shares during the period. Autumn Glory Partners LLC bought a new stake in shares of Evolv Technologies during the 4th quarter worth $40,000. Finally, Cibc World Markets Corp purchased a new position in shares of Evolv Technologies in the 4th quarter worth about $49,000. Hedge funds and other institutional investors own 66.65% of the company’s stock.

Evolv Technologies Stock Performance

NASDAQ EVLV opened at $3.19 on Wednesday. The company has a market capitalization of $502.58 million, a PE ratio of -22.78 and a beta of 1.68. Evolv Technologies Holdings, Inc. has a 52-week low of $2.01 and a 52-week high of $4.65. The company has a 50-day simple moving average of $3.28 and a 200 day simple moving average of $3.47.

Evolv Technologies Profile

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.