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Evolv Technologies Holdings Inc [EVLV] Founder & Chief Innovation Ofc makes an insider sale of 56,263 shares worth $0.19 million.

In a filing, Evolv Technologies Holdings Inc revealed its Founder & Chief Innovation Ofc Ellenbogen Michael unloaded Company’s shares for reported $0.19 million on Mar 03 ’25. In the deal valued at $3.30 per share,56,263 shares were sold. As a result of this transaction, Ellenbogen Michael now holds 2,083,961 shares worth roughly $6.92 million.

Then, Chitkara Anil sold 72,148 shares, generating $238,088 in total proceeds. Upon selling the shares at $3.30, the Founder & Chief Growth Officer now owns 1,275,100 shares.

Before that, Muelhoefer Jay sold 80,959 shares. Evolv Technologies Holdings Inc shares valued at $178,919 were divested by the Chief Commercial Officer at a price of $2.21 per share. As a result of the transaction, Muelhoefer Jay now holds 175,148 shares, worth roughly $0.58 million.

Northland Capital downgraded its Evolv Technologies Holdings Inc [EVLV] rating to a Market perform from a an Outperform in a research note published recently. Lake Street also remained covering EVLV and has decreased its forecast on May 10, 2024 with a “Hold” recommendation from previously “Buy” rating. Lake Street started covering the stock on November 21, 2023. It rated EVLV as “a Buy”.

Price Performance Review of EVLV

On Tuesday, Evolv Technologies Holdings Inc [NASDAQ:EVLV] saw its stock jump 0.45% to $3.32. Over the last five days, the stock has lost -4.19%. Evolv Technologies Holdings Inc shares have fallen nearly -16.08% since the year began. Nevertheless, the stocks have fallen -30.50% over the past one year. While a 52-week high of $5.28 was reached on 01/24/25, a 52-week low of $2.01 was recorded on 01/13/25. SMA at 50 days reached $3.72, while 200 days put it at $3.39.

Levels Of Support And Resistance For EVLV Stock

The 24-hour chart illustrates a support level at 3.21, which if violated will result in even more drops to 3.11. On the upside, there is a resistance level at 3.41. A further resistance level may holdings at 3.51. The Relative Strength Index (RSI) on the 14-day chart is 35.36, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.28, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 81.57%. Stochastics %K at 19.28% indicates the stock is a buying.

The most recent change occurred on April 28, 2023 when Craig Hallum began covering the stock and recommended ‘”a Buy”‘ rating along with a $6 price target.

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