Free Trial

Aeva Technologies, Inc. (NASDAQ:AEVA) CFO Sells $678,956.67 in Stock

Aeva Technologies logo with Auto/Tires/Trucks background

Aeva Technologies, Inc. (NASDAQ:AEVA - Get Free Report) CFO Saurabh Sinha sold 22,239 shares of the company's stock in a transaction dated Monday, July 7th. The shares were sold at an average price of $30.53, for a total transaction of $678,956.67. Following the sale, the chief financial officer directly owned 970,710 shares in the company, valued at approximately $29,635,776.30. This trade represents a 2.24% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Saurabh Sinha also recently made the following trade(s):

  • On Tuesday, July 1st, Saurabh Sinha sold 10,123 shares of Aeva Technologies stock. The stock was sold at an average price of $31.09, for a total transaction of $314,724.07.

Aeva Technologies Stock Down 5.5%

Shares of AEVA stock traded down $1.71 during trading on Thursday, hitting $29.21. The company had a trading volume of 2,975,170 shares, compared to its average volume of 1,582,515. The stock's 50-day moving average is $21.16 and its two-hundred day moving average is $10.51. The stock has a market capitalization of $1.61 billion, a price-to-earnings ratio of -10.32 and a beta of 1.95. Aeva Technologies, Inc. has a 52 week low of $2.36 and a 52 week high of $38.80.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Sylebra Capital LLC grew its position in Aeva Technologies by 56.4% during the first quarter. Sylebra Capital LLC now owns 16,228,553 shares of the company's stock valued at $113,600,000 after acquiring an additional 5,849,249 shares during the last quarter. Jones Financial Companies Lllp grew its position in Aeva Technologies by 27,345.0% during the first quarter. Jones Financial Companies Lllp now owns 5,489 shares of the company's stock valued at $38,000 after acquiring an additional 5,469 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Aeva Technologies by 4.8% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,722 shares of the company's stock valued at $96,000 after acquiring an additional 630 shares during the last quarter. AQR Capital Management LLC grew its position in Aeva Technologies by 29.2% during the first quarter. AQR Capital Management LLC now owns 20,849 shares of the company's stock valued at $146,000 after acquiring an additional 4,707 shares during the last quarter. Finally, American Century Companies Inc. grew its position in Aeva Technologies by 81.5% during the first quarter. American Century Companies Inc. now owns 46,623 shares of the company's stock valued at $326,000 after acquiring an additional 20,934 shares during the last quarter. 62.92% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Oppenheimer increased their price target on shares of Aeva Technologies from $9.00 to $18.00 and gave the stock an "outperform" rating in a report on Thursday, May 15th. Morgan Stanley increased their price target on shares of Aeva Technologies from $5.22 to $11.00 and gave the stock an "equal weight" rating in a report on Monday, May 12th. Canaccord Genuity Group upped their price objective on shares of Aeva Technologies from $9.50 to $16.00 and gave the stock a "buy" rating in a research report on Thursday, May 15th. Roth Capital upped their price objective on shares of Aeva Technologies from $17.00 to $30.00 and gave the stock a "buy" rating in a research report on Tuesday, June 17th. Finally, Wall Street Zen upgraded shares of Aeva Technologies from a "sell" rating to a "hold" rating in a research report on Saturday, June 14th. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $14.50.

Get Our Latest Stock Report on AEVA

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.

Featured Stories

Insider Buying and Selling by Quarter for Aeva Technologies (NASDAQ:AEVA)

Should You Invest $1,000 in Aeva Technologies Right Now?

Before you consider Aeva Technologies, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Aeva Technologies wasn't on the list.

While Aeva Technologies currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Ten Starter Stocks For Beginners to Buy Now Cover

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Don’t Miss These Top 3 Defense Stocks Set To Gain
Triple-Digit Gains: These 4 Nuclear Stocks Have Even More Upside Ahead
3 Made in America Stocks Under $20 You Need to See!

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines