Boothbay Fund Management LLC Trims Holdings in Evolv Technologies Holdings, Inc. (NASDAQ:EVLV)

Boothbay Fund Management LLC reduced its holdings in shares of Evolv Technologies Holdings, Inc. (NASDAQ:EVLV - Free Report) by 56.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 271,403 shares of the company's stock after selling 349,022 shares during the period. Boothbay Fund Management LLC owned 0.17% of Evolv Technologies worth $1,072,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in EVLV. Price T Rowe Associates Inc. MD increased its holdings in shares of Evolv Technologies by 25.3% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 53,225 shares of the company's stock valued at $211,000 after acquiring an additional 10,748 shares in the last quarter. MetLife Investment Management LLC increased its stake in Evolv Technologies by 12.4% during the 4th quarter. MetLife Investment Management LLC now owns 86,630 shares of the company's stock valued at $342,000 after purchasing an additional 9,575 shares in the last quarter. Dimensional Fund Advisors LP purchased a new position in Evolv Technologies in the fourth quarter worth about $899,000. Marshall Wace LLP lifted its stake in shares of Evolv Technologies by 317.1% in the fourth quarter. Marshall Wace LLP now owns 3,275,025 shares of the company's stock worth $12,936,000 after buying an additional 2,489,825 shares in the last quarter. Finally, NewEdge Advisors LLC purchased a new stake in shares of Evolv Technologies during the fourth quarter valued at approximately $76,000. 66.65% of the stock is owned by institutional investors.

Evolv Technologies Trading Up 6.9 %

Shares of EVLV opened at $4.16 on Tuesday. The company has a market cap of $655.41 million, a price-to-earnings ratio of -29.71 and a beta of 1.68. The business's fifty day simple moving average is $3.26 and its two-hundred day simple moving average is $3.46. Evolv Technologies Holdings, Inc. has a 12 month low of $2.01 and a 12 month high of $4.71.

Evolv Technologies (NASDAQ:EVLV - Get Free Report) last released its quarterly earnings data on Monday, April 28th. The company reported ($0.10) EPS for the quarter. Evolv Technologies had a negative return on equity of 28.57% and a negative net margin of 21.42%. As a group, research analysts forecast that Evolv Technologies Holdings, Inc. will post -0.27 EPS for the current year.

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.

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