Mittelman Wealth Management acquired 1,511,866 shares of Evolv Technologies Holdings, valued at $11.41 million, representing 7.47% of reportable assets under management (AUM). This move places Evolv just outside the firm’s top five holdings. The company provides AI-based touchless security screening systems and has experienced significant growth, with sales increasing from $23 million in 2021 to $137 million in the last year. Trading at 7 times sales, Evolv presents a promising investment opportunity with positive growth prospects. Mittelman’s investment in Evolv signifies confidence in the company’s potential for future success.

Read more at Nasdaq: Mittelman Wealth Opens Large Evolv Technologies Stake: Is the Growth Stock a Buy?