Investors Purchase Large Volume of Call Options on Evolv Technologies (NASDAQ:EVLV)

Evolv Technologies Holdings, Inc. (NASDAQ:EVLV - Get Free Report) saw some unusual options trading on Tuesday. Stock traders bought 5,513 call options on the stock. This is an increase of 1,690% compared to the typical daily volume of 308 call options.Get Evolv Technologies alerts:Insider Buying and Selling5 Small-Cap Stocks to Watch in 2026 as Investors Rotate Out of Big TechIn related news, Director Richard A. Shapiro bought 30,000 shares of the stock in a transaction dated Thursday, November 20th. The stock was acquired at an average price of $6.00 per share, for a total transaction of $180,000.00. Following the completion of the purchase, the director owned 52,515 shares in the company, valued at $315,090. This represents a 133.24% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Michael Ellenbogen sold 80,745 shares of the company's stock in a transaction that occurred on Wednesday, October 15th. The stock was sold at an average price of $8.26, for a total value of $666,953.70. Following the completion of the transaction, the director owned 2,083,961 shares of the company's stock, valued at approximately $17,213,517.86. This represents a 3.73% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders purchased 61,300 shares of company stock valued at $363,326 and sold 440,745 shares valued at $3,618,954. 11.30% of the stock is owned by company insiders. Institutional Investors Weigh In On Evolv TechnologiesSeveral institutional investors and hedge funds have recently bought and sold shares of EVLV. CW Advisors LLC acquired a new position in Evolv Technologies during the 1st quarter worth $33,000. PDT Partners LLC bought a new stake in shares of Evolv Technologies during the first quarter valued at about $57,000. State of Alaska Department of Revenue acquired a new stake in Evolv Technologies in the third quarter worth about $60,000. Pekin Hardy Strauss Inc. acquired a new stake in Evolv Technologies in the third quarter worth about $76,000. Finally, Jones Financial Companies Lllp grew its position in Evolv Technologies by 29.1% in the 3rd quarter. Jones Financial Companies Lllp now owns 10,065 shares of the company's stock valued at $77,000 after buying an additional 2,266 shares in the last quarter. Institutional investors and hedge funds own 66.65% of the company's stock. Evolv Technologies Stock PerformanceMarketBeat Week in Review – 10/28 - 11/1EVLV stock opened at $6.76 on Wednesday. The stock's 50 day simple moving average is $6.98 and its 200 day simple moving average is $7.03. Evolv Technologies has a 12-month low of $2.64 and a 12-month high of $8.91. The firm has a market cap of $1.18 billion, a P/E ratio of -18.27 and a beta of 1.85. The company has a current ratio of 1.27, a quick ratio of 1.20 and a debt-to-equity ratio of 0.28. Evolv Technologies (NASDAQ:EVLV - Get Free Report) last released its earnings results on Thursday, November 13th. The company reported ($0.01) earnings per share for the quarter, beating the consensus estimate of ($0.07) by $0.06. Evolv Technologies had a negative net margin of 43.76% and a negative return on equity of 55.11%. The firm had revenue of $42.85 million during the quarter, compared to analyst estimates of $33.73 million. As a group, equities research analysts predict that Evolv Technologies will post -0.27 EPS for the current year. Analyst Ratings ChangesCan Evolv Stock Recover From Its Massive Self-Inflicted Drop?A number of equities analysts have issued reports on EVLV shares. Zacks Research raised Evolv Technologies from a "strong sell" rating to a "hold" rating in a research report on Friday, October 17th. Lake Street Capital lifted their price target on shares of Evolv Technologies from $9.00 to $10.00 and gave the stock a "buy" rating in a research note on Friday, November 14th. Finally, Weiss Ratings reiterated a "sell (d-)" rating on shares of Evolv Technologies in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Evolv Technologies presently has a consensus rating of "Moderate Buy" and an average target price of $9.13.View Our Latest Report on EVLVEvolv Technologies Company Profile (Get Free Report)Evolv Technologies, Inc is a publicly traded American security technology company that develops and markets AI-driven weapons detection and screening solutions. The company’s proprietary platform combines advanced sensors, computer vision software and machine learning algorithms to identify potential threats—such as firearms and knives—while minimizing false positives and preserving high throughput. Evolv’s systems are designed to replace or supplement traditional metal detectors and manual bag checks in high-traffic venues. The company’s flagship product, Evolv Express, integrates seamlessly into existing security checkpoints, allowing guests to pass through without stopping or emptying their pockets.Featured StoriesFive stocks we like better than Evolv TechnologiesThe boring AI play that could pay up to $4,290 monthlyALERT: Drop these 5 stocks before January 2026!Trump’s “real estate deal for America” explainedA month before the crashPut $1,000 into this stock by Jan 1 [Not NVDA]This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Evolv Technologies Right Now?Before you consider Evolv Technologies, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Evolv Technologies wasn't on the list.While Evolv Technologies currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here