In a filing, Evolv Technologies Holdings Inc revealed its Founder & Chief Growth Officer Chitkara Anil unloaded Company’s shares for reported $0.25 million on Apr 01 ’24. In the deal valued at $5.00 per share,50,000 shares were sold. As a result of this transaction, Chitkara Anil now holds 1,200,157 shares worth roughly $4.78 million.
Then, Gonzales David Mounts bought 50,000 shares, generating $193,000 in total proceeds. Upon buying the shares at $3.86, the Director now owns 50,000 shares.
Before that, George Peter Gustav sold 132,173 shares. Evolv Technologies Holdings Inc shares valued at $479,788 were divested by the President & CEO at a price of $3.63 per share. As a result of the transaction, George Peter Gustav now holds 947,587 shares, worth roughly $3.77 million.
Lake Street initiated its Evolv Technologies Holdings Inc [EVLV] rating to a Buy in a research note published on November 21, 2023; the price target was $6. A number of analysts have revised their coverage, including Craig Hallum’s analysts, who began to cover the stock in late April with a ‘”a Buy”‘ rating. Cantor Fitzgerald began covering EVLV with “an Overweight” recommendation on February 08, 2023. Stifel revised its rating on March 15, 2022. It rated EVLV as “a Hold” which previously was an “a Buy”.
Price Performance Review of EVLV
On Monday, Evolv Technologies Holdings Inc [NASDAQ:EVLV] saw its stock fall -1.73% to $3.98. Over the last five days, the stock has lost -15.50%. Evolv Technologies Holdings Inc shares have fallen nearly -15.68% since the year began. Nevertheless, the stocks have risen 24.37% over the past one year. While a 52-week high of $8.30 was reached on 02/13/24, a 52-week low of $2.96 was recorded on 03/19/24. SMA at 50 days reached $4.30, while 200 days put it at $4.92. A total of 0.98 million shares were traded, compared to the trading of 1.02 million shares in the previous session.
Levels Of Support And Resistance For EVLV Stock
The 24-hour chart illustrates a support level at 3.85, which if violated will result in even more drops to 3.72. On the upside, there is a resistance level at 4.14. A further resistance level may holdings at 4.30. The Relative Strength Index (RSI) on the 14-day chart is 43.90, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.32, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 73.45%. Stochastics %K at 34.27% indicates the stock is a holding.
The most recent change occurred on August 26, 2021 when Stifel began covering the stock and recommended ‘”a Buy”‘ rating along with a $12 price target.
