Aeva Technologies, Inc. (NYSE:AEVA - Get Free Report) major shareholder Sylebra Capital Llc acquired 1,068,297 shares of the stock in a transaction on Monday, March 31st. The shares were acquired at an average price of $6.77 per share, with a total value of $7,232,370.69. Following the transaction, the insider now directly owns 16,228,553 shares of the company's stock, valued at $109,867,303.81. The trade was a 7.05 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Major shareholders that own 10% or more of a company's stock are required to disclose their sales and purchases with the SEC.
Sylebra Capital Llc also recently made the following trade(s):
- On Friday, March 28th, Sylebra Capital Llc bought 1,333,188 shares of Aeva Technologies stock. The shares were acquired at an average price of $6.70 per share, for a total transaction of $8,932,359.60.
- On Wednesday, March 26th, Sylebra Capital Llc purchased 821,610 shares of Aeva Technologies stock. The stock was bought at an average price of $5.48 per share, with a total value of $4,502,422.80.
- On Monday, March 24th, Sylebra Capital Llc acquired 990,411 shares of Aeva Technologies stock. The shares were bought at an average price of $4.36 per share, for a total transaction of $4,318,191.96.
Aeva Technologies Stock Performance
Shares of AEVA stock opened at $7.00 on Tuesday. The stock has a 50 day moving average price of $4.01 and a 200 day moving average price of $4.02. Aeva Technologies, Inc. has a 52-week low of $2.20 and a 52-week high of $7.07. The firm has a market capitalization of $383.00 million, a P/E ratio of -2.27 and a beta of 1.41.
Analyst Ratings Changes
Several equities analysts have recently weighed in on AEVA shares. Morgan Stanley boosted their target price on Aeva Technologies from $4.87 to $5.22 and gave the company an "equal weight" rating in a research report on Friday, March 21st. Oppenheimer boosted their price objective on shares of Aeva Technologies from $5.00 to $6.00 and gave the company an "outperform" rating in a research report on Thursday, March 20th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, Aeva Technologies currently has a consensus rating of "Moderate Buy" and an average price target of $5.81.
View Our Latest Report on AEVA
Institutional Trading of Aeva Technologies
Institutional investors and hedge funds have recently made changes to their positions in the business. PFG Investments LLC purchased a new position in Aeva Technologies in the 4th quarter worth about $48,000. Intech Investment Management LLC bought a new position in Aeva Technologies in the 4th quarter worth about $52,000. Squarepoint Ops LLC purchased a new position in shares of Aeva Technologies during the fourth quarter worth approximately $54,000. Susquehanna Fundamental Investments LLC purchased a new position in shares of Aeva Technologies during the fourth quarter worth approximately $63,000. Finally, Advisory Services Network LLC bought a new stake in shares of Aeva Technologies during the fourth quarter valued at approximately $78,000. 62.92% of the stock is currently owned by institutional investors.
About Aeva Technologies
(
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.
Further Reading
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