94,979 Shares in Evolv Technologies Holdings, Inc. (NASDAQ:EVLV) Bought by MIG Capital LLC

MIG Capital LLC acquired a new stake in Evolv Technologies Holdings, Inc. (NASDAQ:EVLV - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 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 investment portfolio, making the stock its 24th biggest holding. MIG Capital LLC owned 0.06% of Evolv Technologies 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. Autumn Glory Partners LLC purchased a new position in shares of Evolv Technologies during the fourth quarter worth about $40,000. Cibc World Markets Corp purchased a new position in shares of Evolv Technologies during the fourth quarter worth approximately $49,000. Virtu Financial LLC purchased a new stake in Evolv Technologies in the 3rd quarter valued at $63,000. Clare Market Investments LLC purchased a new position in Evolv Technologies during the 4th quarter worth $71,000. Finally, KLP Kapitalforvaltning AS acquired a new position in Evolv Technologies in the fourth quarter valued at $73,000. Hedge funds and other institutional investors own 66.65% of the company's stock.

Evolv Technologies Stock Up 0.8 %

EVLV stock traded up $0.03 during trading on Friday, hitting $3.23. The company had a trading volume of 491,737 shares, compared to its average volume of 1,702,803. The firm has a 50-day moving average price of $3.40 and a 200-day moving average price of $3.50. The firm has a market cap of $508.10 million, a PE ratio of -23.11 and a beta of 1.68. Evolv Technologies Holdings, Inc. has a 1-year low of $2.01 and a 1-year high of $4.65.

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.