Roberts Glore & Co. Inc. IL Increases Stake in Evolv Technologies Holdings, Inc. (NASDAQ:EVLV)

Roberts Glore & Co. Inc. IL lifted its stake in shares of Evolv Technologies Holdings, Inc. (NASDAQ:EVLV) by 62.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 79,500 shares of the company’s stock after acquiring an additional 30,500 shares during the period. Roberts Glore & Co. Inc. IL’s holdings in Evolv Technologies were worth $314,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. Raymond James Financial Inc. purchased a new position in shares of Evolv Technologies during the 4th quarter worth about $84,000. Charles Schwab Investment Management Inc. lifted its holdings in shares of Evolv Technologies by 5.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 974,520 shares of the company’s stock worth $3,849,000 after acquiring an additional 50,367 shares during the period. Cutter & CO Brokerage Inc. purchased a new position in shares of Evolv Technologies during the 4th quarter worth about $211,000. Bank of New York Mellon Corp lifted its holdings in shares of Evolv Technologies by 4.0% during the 4th quarter. Bank of New York Mellon Corp now owns 360,420 shares of the company’s stock worth $1,424,000 after acquiring an additional 13,870 shares during the period. Finally, Edge Capital Group LLC raised its holdings in Evolv Technologies by 0.8% in the fourth quarter. Edge Capital Group LLC now owns 4,835,206 shares of the company’s stock valued at $19,099,000 after buying an additional 36,400 shares during the period. 66.65% of the stock is currently owned by hedge funds and other institutional investors.

Evolv Technologies Stock Performance

NASDAQ EVLV opened at $3.17 on Friday. Evolv Technologies Holdings, Inc. has a one year low of $2.01 and a one year high of $5.28. The company’s 50 day moving average price is $3.67 and its 200 day moving average price is $3.66. The firm has a market capitalization of $499.43 million, a price-to-earnings ratio of -22.64 and a beta of 1.68.

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.