Mariner LLC Acquires 3,639 Shares of Evolv Technologies Holdings, Inc. (NASDAQ:EVLV)

Mariner LLC lifted its stake in shares of Evolv Technologies Holdings, Inc. (NASDAQ:EVLV) by 15.9% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 26,532 shares of the company’s stock after buying an additional 3,639 shares during the quarter. Mariner LLC’s holdings in Evolv Technologies were worth $105,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of the stock. JPMorgan Chase & Co. grew its holdings in Evolv Technologies by 2,428.1% in the fourth quarter. JPMorgan Chase & Co. now owns 1,527,979 shares of the company’s stock worth $6,036,000 after purchasing an additional 1,467,538 shares during the period. Vanguard Group Inc. boosted its position in shares of Evolv Technologies by 2.8% during the 4th 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. MIG Capital LLC acquired a new stake in shares of Evolv Technologies in the 4th quarter valued at about $375,000. Barclays PLC increased its position in Evolv Technologies by 352.3% in the 3rd quarter. Barclays PLC now owns 211,551 shares of the company’s stock valued at $856,000 after buying an additional 164,775 shares in the last quarter. Finally, CenterBook Partners LP raised its stake in Evolv Technologies by 15.0% during the 4th quarter. CenterBook Partners LP now owns 3,008,643 shares of the company’s stock worth $11,884,000 after buying an additional 393,563 shares during the period. Institutional investors own 66.65% of the company’s stock.

Analyst Ratings Changes

Separately, Lake Street Capital raised their price objective on Evolv Technologies from $2.75 to $4.00 and gave the company a “hold” rating in a research note on Wednesday, April 30th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat, Evolv Technologies has an average rating of “Hold” and a consensus target price of $5.31.

Evolv Technologies Price Performance

EVLV opened at $4.09 on Friday. Evolv Technologies Holdings, Inc. has a fifty-two week low of $2.01 and a fifty-two week high of $4.65. The firm has a market capitalization of $668.59 million, a PE ratio of -29.21 and a beta of 1.61. The company’s 50-day moving average is $3.36 and its 200 day moving average is $3.47.

Evolv Technologies Company 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.