Aeva Technologies, Inc. (NYSE:AEVA - Get Free Report) CTO Mina Rezk sold 125,000 shares of Aeva Technologies stock in a transaction that occurred on Monday, April 21st. The shares were sold at an average price of $6.34, for a total transaction of $792,500.00. Following the completion of the transaction, the chief technology officer now directly owns 8,421,669 shares in the company, valued at approximately $53,393,381.46. The trade was a 1.46 % decrease in their position. 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 Tuesday, April 15th, Mina Rezk sold 88,916 shares of Aeva Technologies stock. The shares were sold at an average price of $7.61, for a total transaction of $676,650.76.
- On Thursday, April 10th, Mina Rezk sold 21,012 shares of Aeva Technologies stock. The shares were sold at an average price of $7.51, for a total value of $157,800.12.
- On Tuesday, April 1st, Mina Rezk sold 7,300 shares of Aeva Technologies stock. The stock was sold at an average price of $7.50, for a total value of $54,750.00.
- 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 value of $195,300.00.
Aeva Technologies Stock Performance
Shares of NYSE:AEVA opened at $6.30 on Tuesday. Aeva Technologies, Inc. has a 52-week low of $2.20 and a 52-week high of $8.12. The company has a market capitalization of $344.70 million, a P/E ratio of -2.04 and a beta of 1.03. The company has a 50-day simple moving average of $4.97 and a 200 day simple moving average of $4.47.
Wall Street Analysts Forecast Growth
A number of research analysts recently weighed in on the stock. Oppenheimer raised their target price on shares of Aeva Technologies from $6.00 to $9.00 and gave the company an "outperform" rating in a research report on Monday. Morgan Stanley upped their target price on Aeva Technologies from $4.87 to $5.22 and gave the stock an "equal weight" rating in a report on Friday, March 21st. Finally, Canaccord Genuity Group assumed coverage on Aeva Technologies in a research note on Tuesday, April 1st. They issued a "buy" rating and a $9.50 price target for the company. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $7.14.
View Our Latest Stock Analysis on Aeva Technologies
Institutional Trading of Aeva Technologies
A number of hedge funds have recently made changes to their positions in AEVA. PFG Investments LLC bought a new stake in Aeva Technologies in the 4th quarter valued at $48,000. Intech Investment Management LLC acquired a new position in shares of Aeva Technologies in the fourth quarter valued at $52,000. Squarepoint Ops LLC bought a new position in shares of Aeva Technologies in the fourth quarter valued at about $54,000. Susquehanna Fundamental Investments LLC acquired a new stake in shares of Aeva Technologies during the 4th quarter worth about $63,000. Finally, Advisory Services Network LLC bought a new stake in shares of Aeva Technologies during the 4th quarter worth about $78,000. 62.92% of the stock is 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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