Quantinno Capital Management LP Has $863,000 Stock Position in Evolv Technologies Holdings, Inc. $EVLV

Quantinno Capital Management LP increased its holdings in shares of Evolv Technologies Holdings, Inc. (NASDAQ:EVLV) by 196.1% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 142,572 shares of the company’s stock after buying an additional 94,428 shares during the quarter. Quantinno Capital Management LP owned 0.08% of Evolv Technologies worth $863,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of EVLV. Stoic Point Capital Management LLC acquired a new position in Evolv Technologies during the fourth quarter worth about $40,724,000. Millennium Management LLC boosted its stake in shares of Evolv Technologies by 194.6% in the 3rd quarter. Millennium Management LLC now owns 4,187,604 shares of the company’s stock valued at $31,616,000 after purchasing an additional 2,766,335 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of Evolv Technologies by 15.0% during the 4th quarter. Vanguard Group Inc. now owns 13,784,926 shares of the company’s stock valued at $98,700,000 after purchasing an additional 1,802,928 shares during the last quarter. Peregrine Capital Management LLC bought a new stake in shares of Evolv Technologies during the 1st quarter valued at approximately $9,722,000. Finally, Mittelman Wealth Management acquired a new position in Evolv Technologies during the 3rd quarter worth approximately $11,415,000. 66.65% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

EVLV has been the subject of several research reports. Weiss Ratings raised shares of Evolv Technologies from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Thursday, July 2nd. Craig Hallum reiterated a “buy” rating and set a $11.25 price target on shares of Evolv Technologies in a report on Wednesday, August 12th. TD Cowen reiterated a “buy” rating and issued a $10.00 price target on shares of Evolv Technologies in a research note on Tuesday, June 9th. Finally, Zacks Research downgraded Evolv Technologies from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 26th. Three analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $10.42.

Evolv Technologies Stock Down 5.7%

Shares of NASDAQ EVLV opened at $5.47 on Tuesday. The company has a 50 day simple moving average of $5.79 and a 200 day simple moving average of $5.91. The firm has a market cap of $990.78 million, a PE ratio of -182.33 and a beta of 1.80. Evolv Technologies Holdings, Inc. has a 1 year low of $4.86 and a 1 year high of $8.81. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.18 and a quick ratio of 1.11.

Evolv Technologies (NASDAQ:EVLV) last posted its earnings results on Tuesday, August 11th. The company reported ($0.05) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.02). Evolv Technologies had a negative return on equity of 4.53% and a negative net margin of 3.05%.The business had revenue of $43.75 million for the quarter, compared to the consensus estimate of $41.80 million. On average, research analysts forecast that Evolv Technologies Holdings, Inc. will post -0.18 EPS for the current year.

Evolv Technologies Profile

Evolv Technologies, Inc is a publicly traded American security technology company that develops and markets AI-driven weapons detection and screening solutions. The company’s proprietary platform combines advanced sensors, computer vision software and machine learning algorithms to identify potential threats—such as firearms and knives—while minimizing false positives and preserving high throughput. Evolv’s systems are designed to replace or supplement traditional metal detectors and manual bag checks in high-traffic venues.

The company’s flagship product, Evolv Express, integrates seamlessly into existing security checkpoints, allowing guests to pass through without stopping or emptying their pockets.