Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Evolv Technologies Holdings Inc shares valued at $185,668 were sold by Ellenbogen Michael on Mar 03 ’25. At $3.30 per share, Ellenbogen Michael sold 56,263 shares. The insider’s holdings dropped to 2,083,961 shares worth approximately $7.36 million following the completion of this transaction.
Also, Chitkara Anil sold 72,148 shares, netting a total of over 238,088 in proceeds. Following the sale of shares at $3.30 each, the insider now holds 1,275,100 shares.
Before that, Muelhoefer Jay had sold 80,959 shares from its account. In a trade valued at $178,919, the Chief Commercial Officer traded Evolv Technologies Holdings Inc shares for $2.21 each. Upon closing the transaction, the insider’s holdings decreased to 80,959 shares, worth approximately $0.62 million.
As published in a research note from Northland Capital on October 28, 2024, Evolv Technologies Holdings Inc [EVLV] has been rated down from an Outperform to a Market perform. As of May 10, 2024, Lake Street has decreased its “Buy” rating to a “Hold” for EVLV. Earlier on November 21, 2023, Lake Street initiated its rating. Their recommendation was “a Buy” for EVLV stock.
Analyzing EVLV Stock Performance
During the last five days, there has been a surge of approximately 5.37%. Over the course of the year, Evolv Technologies Holdings Inc shares have dropped approximately -10.63%. Shares of the company reached a 52-week high of $4.30 on 01/24/25 and a 52-week low of $2.64 on 04/07/25. A 50-day SMA is recorded $3.30, while a 200-day SMA reached $3.50.
Support And Resistance Levels for Evolv Technologies Holdings Inc (EVLV)
According to the 24-hour chart, there is a support level at 3.33, which, if violated, would cause prices to drop to 3.14. In the upper region, resistance lies at 3.63. The next price resistance is at 3.74. RSI (Relative Strength Index) is 60.45 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.09, which suggests the price will decrease in the coming days. Percent R is at 1.11%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
