Biondo Investment Advisors LLC Sells 5,000 Shares of Evolv Technologies Holdings, Inc. (NASDAQ:EVLV)

Biondo Investment Advisors LLC cut its stake in shares of Evolv Technologies Holdings, Inc. (NASDAQ:EVLV) by 13.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 32,500 shares of the company’s stock after selling 5,000 shares during the quarter. Biondo Investment Advisors LLC’s holdings in Evolv Technologies were worth $128,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in EVLV. Vanguard Group Inc. boosted 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 during the period. Edge Capital Group LLC boosted its holdings in Evolv Technologies by 0.8% in the 4th quarter. Edge Capital Group LLC now owns 4,835,206 shares of the company’s stock worth $19,099,000 after buying an additional 36,400 shares during the period. Geode Capital Management LLC increased its stake in Evolv Technologies by 14.4% in the 3rd quarter. Geode Capital Management LLC now owns 2,820,747 shares of the company’s stock worth $11,426,000 after buying an additional 355,611 shares in the last quarter. State Street Corp raised its holdings in Evolv Technologies by 3.0% during the third quarter. State Street Corp now owns 2,663,078 shares of the company’s stock valued at $10,785,000 after acquiring an additional 78,775 shares during the period. Finally, JPMorgan Chase & Co. lifted its position in shares of Evolv Technologies by 2,428.1% in the fourth quarter. JPMorgan Chase & Co. now owns 1,527,979 shares of the company’s stock valued at $6,036,000 after acquiring an additional 1,467,538 shares in the last quarter. 66.65% of the stock is owned by hedge funds and other institutional investors.

Evolv Technologies Stock Down 5.0 %

NASDAQ EVLV opened at $3.02 on Friday. The business has a 50-day moving average price of $3.55 and a 200-day moving average price of $3.59. The firm has a market cap of $475.80 million, a price-to-earnings ratio of -21.57 and a beta of 1.68. Evolv Technologies Holdings, Inc. has a twelve month low of $2.01 and a twelve month high of $5.28.

About Evolv Technologies

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.