Aeva Technologies, Inc. (NYSE:AEVA - Get Free Report) CTO Mina Rezk sold 70,000 shares of Aeva Technologies stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $4.12, for a total value of $288,400.00. Following the transaction, the chief technology officer now owns 8,766,669 shares in the company, valued at $36,118,676.28. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Aeva Technologies Trading Down 5.4 %
Aeva Technologies stock opened at $3.85 on Thursday. The company has a fifty day simple moving average of $3.49 and a 200 day simple moving average of $3.21. Aeva Technologies, Inc. has a 1-year low of $2.20 and a 1-year high of $7.25. The company has a market cap of $207.44 million, a P/E ratio of -1.25 and a beta of 1.37.
Institutional Trading of Aeva Technologies
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. BNP Paribas Financial Markets bought a new position in shares of Aeva Technologies in the first quarter valued at about $31,000. American Century Companies Inc. bought a new position in Aeva Technologies in the 2nd quarter valued at about $38,000. Sei Investments Co. bought a new stake in shares of Aeva Technologies during the second quarter worth approximately $39,000. Susquehanna Fundamental Investments LLC bought a new stake in Aeva Technologies in the 1st quarter valued at $58,000. Finally, Dimensional Fund Advisors LP acquired a new position in shares of Aeva Technologies in the second quarter valued at about $118,000. Institutional investors and hedge funds own 62.92% of the company's stock.
Wall Street Analysts Forecast Growth
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AEVA has been the topic of a number of research reports. Roth Mkm lifted their price target on shares of Aeva Technologies from $5.00 to $6.00 and gave the company a "buy" rating in a research note on Thursday, November 7th. Westpark Capital reiterated a "hold" rating on shares of Aeva Technologies in a report on Wednesday, August 7th. Finally, Craig Hallum boosted their price target on Aeva Technologies from $5.00 to $6.00 and gave the company a "buy" rating in a report on Thursday, November 7th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to MarketBeat.com, Aeva Technologies has a consensus rating of "Moderate Buy" and an average price target of $10.53.
Get Our Latest Stock Analysis on Aeva Technologies
Aeva Technologies Company Profile
(
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Aeva Technologies, Inc engages in the design, development, manufacture, and sale of LiDAR sensing systems, and related perception and autonomy-enabling software solutions in North America, Europe, the Middle East, Africa, and Asia. The company develops its products using frequency modulated continuous wave (FMCW) sensing technology.
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