The director's buy is a modest positive signal but lacks the scale or C-suite participation to be a strong catalyst. Monitor for any C-suite purchases or a material increase in buy volume; the stock's 90% analyst bullishness suggests the market already prices in upside. The next quarterly filing will be key for fundamental validation.
Price Chart
Executive Summary
Director Richard Shapiro purchased 29,000 shares of Evolv Technologies for ~$162K at ~$4.96/share across two days, adding to his prior cluster buys. This is a conviction open-market buy by a board member, but the dollar amount is modest relative to the $918M market cap (~0.02%). The filing is neutral given the small scale and lack of C-suite participation, though it adds to a pattern of insider accumulation.
Key Financial Metrics
Key Facts
- Director Richard Shapiro purchased 29,000 shares for ~$162K at ~$4.96/share on 2026-09-04.
- Total insider purchases in the last 30 days are ~$296K across 6 buys, with only 1 sale of $451K.
- The purchase is ~0.02% of the $918M market cap, below the 0.1% threshold for materiality.
- No C-suite executives participated; the buyer is a director.
- The stock trades at ~$4.96, well below the 52-week high, and analyst consensus is 90% bullish (9 Buy/1 Hold).
Financial Impact
Director purchased ~$162K worth of shares, representing ~0.02% of market cap.
Risk Factors
- Insider buying is small relative to market cap and may be routine portfolio rebalancing.
- No C-suite participation reduces the signal strength of the buy.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| INSIDER-BUY Data (Synthetic) | 0001648814-26-000004 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 9, 2026 6w ago | Insider Buy | $4.97 $4.58 | ▼ −7.85% | ▼ −9.97% | $4.57 (−8.15%) |
Aug 19, 2026 9w ago | Insider Cluster | $5.40 $5.01 | ▼ −7.22% | ▼ −7.10% | $4.57 (−15.46%) |
Aug 18, 2026 9w ago | Insider Cluster | $5.64 $5.04 | ▼ −10.64% | ▼ −9.80% | $4.57 (−19.06%) |
Aug 10, 2026 11w ago | 8-K | $5.86 $5.07 | ▼ −13.48% | ▼ −12.57% | $4.57 (−22.10%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers