Aeva Technologies, Inc. (NYSE:AEVA - Get Free Report) CEO Soroush Salehian Dardashti sold 107,795 shares of Aeva Technologies stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $4.49, for a total value of $483,999.55. Following the completion of the sale, the chief executive officer now directly owns 4,097,013 shares of the company's stock, valued at approximately $18,395,588.37. This trade represents a 2.56 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Soroush Salehian Dardashti also recently made the following trade(s):
- On Thursday, September 5th, Soroush Salehian Dardashti sold 49,678 shares of Aeva Technologies stock. The stock was sold at an average price of $2.55, for a total transaction of $126,678.90.
Aeva Technologies Price Performance
AEVA opened at $4.31 on Wednesday. The firm has a market capitalization of $232.22 million, a P/E ratio of -1.39 and a beta of 1.43. Aeva Technologies, Inc. has a one year low of $2.20 and a one year high of $7.25. The company has a fifty day moving average price of $3.85 and a 200-day moving average price of $3.28.
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Several research analysts recently commented on the stock. Westpark Capital reaffirmed a "hold" rating on shares of Aeva Technologies in a report on Wednesday, August 7th. Craig Hallum raised their price target on Aeva Technologies from $5.00 to $6.00 and gave the stock a "buy" rating in a report on Thursday, November 7th. Finally, Roth Mkm boosted their price objective on Aeva Technologies from $5.00 to $6.00 and gave the company a "buy" rating in a research note on Thursday, November 7th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat, Aeva Technologies has an average rating of "Moderate Buy" and an average price target of $10.53.
Get Our Latest Stock Analysis on AEVA
Hedge Funds Weigh In On Aeva Technologies
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Geode Capital Management LLC boosted its position in shares of Aeva Technologies by 14.2% during the 3rd quarter. Geode Capital Management LLC now owns 611,873 shares of the company's stock valued at $2,013,000 after acquiring an additional 76,044 shares during the last quarter. State Street Corp raised its stake in Aeva Technologies by 5.5% in the third quarter. State Street Corp now owns 452,309 shares of the company's stock valued at $1,488,000 after purchasing an additional 23,593 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in Aeva Technologies by 3.9% in the third quarter. Charles Schwab Investment Management Inc. now owns 211,452 shares of the company's stock valued at $696,000 after purchasing an additional 8,007 shares in the last quarter. Bank of New York Mellon Corp lifted its position in Aeva Technologies by 40.3% during the second quarter. Bank of New York Mellon Corp now owns 76,107 shares of the company's stock valued at $192,000 after purchasing an additional 21,865 shares during the last quarter. Finally, Dimensional Fund Advisors LP purchased a new position in Aeva Technologies in the 2nd quarter worth approximately $118,000. 62.92% of the stock is currently owned by hedge funds and other institutional investors.
Aeva Technologies Company Profile
(
Get Free Report)
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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