MIG Capital LLC Acquires Shares of 94,979 Evolv Technologies Holdings, Inc. (NASDAQ:EVLV)

MIG Capital LLC purchased a new stake in shares of Evolv Technologies Holdings, Inc. (NASDAQ:EVLV) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 94,979 shares of the company’s stock, valued at approximately $375,000. Evolv Technologies accounts for about 0.0% of MIG Capital LLC’s portfolio, making the stock its 24th biggest holding. MIG Capital LLC owned about 0.06% of Evolv Technologies at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in EVLV. Intech Investment Management LLC bought a new stake in Evolv Technologies during the 3rd quarter worth about $167,000. Charles Schwab Investment Management Inc. raised its stake in shares of Evolv Technologies by 20.8% during the third quarter. Charles Schwab Investment Management Inc. now owns 924,153 shares of the company’s stock worth $3,743,000 after buying an additional 158,877 shares during the last quarter. MetLife Investment Management LLC lifted its holdings in Evolv Technologies by 7.1% in the third quarter. MetLife Investment Management LLC now owns 77,055 shares of the company’s stock valued at $312,000 after buying an additional 5,090 shares during the period. Verition Fund Management LLC boosted its stake in Evolv Technologies by 147.4% in the third quarter. Verition Fund Management LLC now owns 40,715 shares of the company’s stock valued at $165,000 after acquiring an additional 24,259 shares during the last quarter. Finally, HighTower Advisors LLC grew its holdings in Evolv Technologies by 3.1% during the 3rd quarter. HighTower Advisors LLC now owns 202,680 shares of the company’s stock worth $820,000 after acquiring an additional 6,183 shares during the period. Institutional investors own 66.65% of the company’s stock.

Evolv Technologies Stock Performance

Shares of Evolv Technologies stock opened at $2.85 on Friday. Evolv Technologies Holdings, Inc. has a 52 week low of $2.01 and a 52 week high of $4.83. The stock has a market capitalization of $449.02 million, a price-to-earnings ratio of -20.36 and a beta of 1.68. The firm has a fifty day moving average of $3.50 and a two-hundred day moving average of $3.55.

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.