Evolv Technologies Holdings, Inc. (NASDAQ:EVLV) Holdings Boosted by Legal & General Group Plc

Legal & General Group Plc grew its holdings in Evolv Technologies Holdings, Inc. (NASDAQ:EVLV) by 21.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 125,398 shares of the company’s stock after purchasing an additional 22,442 shares during the period. Legal & General Group Plc owned approximately 0.08% of Evolv Technologies worth $495,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the business. JPMorgan Chase & Co. lifted its stake in Evolv Technologies by 2,428.1% in the 4th quarter. JPMorgan Chase & Co. now owns 1,527,979 shares of the company’s stock worth $6,036,000 after acquiring an additional 1,467,538 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Evolv Technologies by 14.4% in the 3rd quarter. Geode Capital Management LLC now owns 2,820,747 shares of the company’s stock valued at $11,426,000 after purchasing an additional 355,611 shares during the period. Vanguard Group Inc. lifted its position in shares of Evolv Technologies by 2.8% in the fourth quarter. Vanguard Group Inc. now owns 8,925,592 shares of the company’s stock worth $35,256,000 after purchasing an additional 238,963 shares in the last quarter. Barclays PLC boosted its holdings in shares of Evolv Technologies by 352.3% during the third quarter. Barclays PLC now owns 211,551 shares of the company’s stock worth $856,000 after purchasing an additional 164,775 shares during the period. Finally, MIG Capital LLC purchased a new position in Evolv Technologies during the fourth quarter valued at approximately $375,000. Institutional investors and hedge funds own 66.65% of the company’s stock.

Evolv Technologies Stock Down 1.4 %

EVLV stock opened at $4.10 on Wednesday. The company has a 50 day moving average of $3.26 and a two-hundred day moving average of $3.46. The company has a market cap of $645.96 million, a price-to-earnings ratio of -29.28 and a beta of 1.68. Evolv Technologies Holdings, Inc. has a 12-month low of $2.01 and a 12-month high of $4.65.

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.