Aeva Technologies, Inc. (NYSE:AEVA) CEO Soroush Salehian Dardashti Sells 107,795 Shares

Aeva Technologies, Inc. (NYSE:AEVA) CEO Soroush Salehian Dardashti sold 107,795 shares of Aeva Technologies stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $4.49, for a total transaction of $483,999.55. Following the completion of the sale, the chief executive officer now 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 is accessible through this hyperlink.

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 Trading Up 1.9 %

Shares of Aeva Technologies stock opened at $4.39 on Thursday. The company’s 50-day moving average price is $3.87 and its two-hundred day moving average price is $3.29. Aeva Technologies, Inc. has a 52 week low of $2.20 and a 52 week high of $7.25. The stock has a market cap of $236.53 million, a PE ratio of -1.41 and a beta of 1.43.

Analyst Upgrades and Downgrades

A number of research firms have commented on AEVA. Westpark Capital reaffirmed a “hold” rating on shares of Aeva Technologies in a report on Wednesday, August 7th. Craig Hallum lifted their price objective on shares of 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 lifted their price objective on shares of 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 given a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $10.53.

Institutional Investors Weigh In On Aeva Technologies

Hedge funds and other institutional investors have recently bought and sold shares of the business. American Century Companies Inc. bought a new stake in Aeva Technologies in the second quarter worth about $38,000. Sei Investments Co. acquired a new stake in Aeva Technologies during the 2nd quarter worth about $39,000. Susquehanna Fundamental Investments LLC raised its holdings in Aeva Technologies by 82.3% during the 2nd quarter. Susquehanna Fundamental Investments LLC now owns 27,083 shares of the company’s stock worth $68,000 after buying an additional 12,227 shares during the period. Barclays PLC raised its holdings in 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 during the period. Finally, Dimensional Fund Advisors LP acquired a new stake in Aeva Technologies during the 2nd quarter worth about $118,000. 62.92% of the stock is currently owned by institutional investors.

About Aeva Technologies

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.