Aeva Technologies, Inc. (NYSE:AEVA - Get Free Report) Director Stephen Paul Zadesky sold 14,851 shares of the firm's stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of $3.50, for a total transaction of $51,978.50. Following the transaction, the director now directly owns 83,764 shares in the company, valued at $293,174. This represents a 15.06 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.
Aeva Technologies Trading Down 2.4 %
NYSE AEVA opened at $3.25 on Wednesday. Aeva Technologies, Inc. has a 1 year low of $2.20 and a 1 year high of $7.25. The firm has a market capitalization of $175.12 million, a price-to-earnings ratio of -1.05 and a beta of 1.39. The firm's 50 day simple moving average is $4.26 and its 200 day simple moving average is $3.87.
Analysts Set New Price Targets
AEVA has been the topic of a number of analyst reports. Roth Mkm increased their price target on Aeva Technologies from $5.00 to $6.00 and gave the stock a "buy" rating in a research report on Thursday, November 7th. Craig Hallum increased their target price on Aeva Technologies from $5.00 to $6.00 and gave the stock a "buy" rating in a report on Thursday, November 7th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $10.53.
Read Our Latest Analysis on AEVA
Institutional Investors Weigh In On Aeva Technologies
A number of large investors have recently modified their holdings of the business. Barclays PLC raised its holdings in shares of Aeva Technologies by 276.4% during the 3rd quarter. Barclays PLC now owns 29,910 shares of the company's stock worth $98,000 after buying an additional 21,964 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position 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 acquiring an additional 8,007 shares during the last quarter. PFG Investments LLC acquired a new position in Aeva Technologies during the fourth quarter worth about $48,000. Geode Capital Management LLC lifted its holdings in shares of Aeva Technologies by 14.2% in the third quarter. Geode Capital Management LLC now owns 611,873 shares of the company's stock worth $2,013,000 after acquiring an additional 76,044 shares during the last quarter. Finally, State Street Corp boosted its stake in shares of Aeva Technologies by 5.5% in the 3rd 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. Institutional investors and hedge funds own 62.92% of the company's stock.
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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