Aeva Technologies, Inc. (NYSE:AEVA - Get Free Report) CTO Mina Rezk sold 7,300 shares of the business's stock in a transaction on Tuesday, April 1st. The stock was sold at an average price of $7.50, for a total transaction of $54,750.00. Following the sale, the chief technology officer now owns 8,689,369 shares in the company, valued at $65,170,267.50. The trade was a 0.08 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.
Mina Rezk also recently made the following trade(s):
- On Monday, March 10th, Mina Rezk sold 70,000 shares of Aeva Technologies stock. The shares were sold at an average price of $2.79, for a total transaction of $195,300.00.
Aeva Technologies Stock Performance
AEVA stock opened at $7.31 on Friday. The company has a 50 day moving average price of $4.18 and a two-hundred day moving average price of $4.10. The stock has a market capitalization of $399.96 million, a P/E ratio of -2.37 and a beta of 1.41. Aeva Technologies, Inc. has a one year low of $2.20 and a one year high of $7.53.
Wall Street Analyst Weigh In
Several brokerages have weighed in on AEVA. Oppenheimer increased their target price on shares of Aeva Technologies from $5.00 to $6.00 and gave the company an "outperform" rating in a report on Thursday, March 20th. Canaccord Genuity Group started coverage on Aeva Technologies in a report on Tuesday. They issued a "buy" rating and a $9.50 target price on the stock. Finally, Morgan Stanley increased their price objective on shares of Aeva Technologies from $4.87 to $5.22 and gave the company an "equal weight" rating in a research note on Friday, March 21st. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $6.54.
Read Our Latest Research Report on Aeva Technologies
Hedge Funds Weigh In On Aeva Technologies
Several institutional investors have recently added to or reduced their stakes in AEVA. PFG Investments LLC purchased a new stake in Aeva Technologies in the 4th quarter valued at about $48,000. Intech Investment Management LLC purchased a new stake in Aeva Technologies in the fourth quarter valued at approximately $52,000. Squarepoint Ops LLC acquired a new position in Aeva Technologies during the fourth quarter worth approximately $54,000. Susquehanna Fundamental Investments LLC purchased a new position in Aeva Technologies during the fourth quarter worth approximately $63,000. Finally, Advisory Services Network LLC acquired a new position in shares of Aeva Technologies in the 4th quarter valued at $78,000. 62.92% of the stock is currently owned by institutional investors and hedge funds.
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.
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