Jane Street Group LLC Has $3.08 Million Holdings in Aeva Technologies, Inc. (NYSE:AEVA)

Jane Street Group LLC raised its position in shares of Aeva Technologies, Inc. (NYSE:AEVA - Free Report) by 2,490.3% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 648,942 shares of the company's stock after purchasing an additional 623,889 shares during the period. Jane Street Group LLC owned 1.20% of Aeva Technologies worth $3,082,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Barclays PLC grew its position in Aeva Technologies by 16.3% in the 4th quarter. Barclays PLC now owns 34,800 shares of the company's stock worth $166,000 after purchasing an additional 4,890 shares during the last quarter. Rhumbline Advisers grew its position in Aeva Technologies by 13.2% in the 4th quarter. Rhumbline Advisers now owns 53,617 shares of the company's stock worth $255,000 after purchasing an additional 6,238 shares during the last quarter. American Century Companies Inc. grew its position in Aeva Technologies by 34.9% in the 4th quarter. American Century Companies Inc. now owns 25,689 shares of the company's stock worth $122,000 after purchasing an additional 6,640 shares during the last quarter. Geode Capital Management LLC grew its position in Aeva Technologies by 1.5% in the 4th quarter. Geode Capital Management LLC now owns 621,191 shares of the company's stock worth $2,951,000 after purchasing an additional 9,318 shares during the last quarter. Finally, Northern Trust Corp grew its position in Aeva Technologies by 5.0% in the 4th quarter. Northern Trust Corp now owns 208,287 shares of the company's stock worth $989,000 after purchasing an additional 9,984 shares during the last quarter. Institutional investors own 62.92% of the company's stock.

Insider Transactions at Aeva Technologies

In other Aeva Technologies news, major shareholder Sylebra Capital Llc bought 1,333,188 shares of the business's stock in a transaction that occurred on Friday, March 28th. The stock was acquired at an average cost of $6.70 per share, with a total value of $8,932,359.60. Following the completion of the purchase, the insider now directly owns 15,160,256 shares in the company, valued at approximately $101,573,715.20. This trade represents a 9.64% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this link. Also, CTO Mina Rezk sold 70,000 shares of the stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $2.79, for a total transaction of $195,300.00. Following the sale, the chief technology officer now directly owns 8,696,669 shares of the company's stock, valued at approximately $24,263,706.51. This represents a 0.80% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders purchased 4,213,506 shares of company stock valued at $24,985,345 and sold 652,079 shares valued at $3,947,397. Company insiders own 27.20% of the company's stock.

Analysts Set New Price Targets

AEVA has been the subject of several recent analyst reports. Roth Capital upped their target price on shares of Aeva Technologies from $6.00 to $17.00 and gave the stock a "buy" rating in a research report on Thursday. Canaccord Genuity Group upped their target price on shares of Aeva Technologies from $9.50 to $16.00 and gave the stock a "buy" rating in a research report on Thursday. Oppenheimer upped their price target on shares of Aeva Technologies from $9.00 to $18.00 and gave the stock an "outperform" rating in a research note on Thursday. Finally, Morgan Stanley upped their price target on shares of Aeva Technologies from $5.22 to $11.00 and gave the stock an "equal weight" rating in a research note on Monday, May 12th. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $12.33.

Aeva Technologies Stock Performance

Shares of NYSE:AEVA traded up $1.41 during trading on Friday, reaching $18.44. The company had a trading volume of 4,104,561 shares, compared to its average volume of 603,673. The firm's fifty day moving average is $7.36 and its 200 day moving average is $5.26. The firm has a market capitalization of $1.01 billion, a PE ratio of -5.97 and a beta of 1.07. Aeva Technologies, Inc. has a twelve month low of $2.20 and a twelve month high of $18.74.

Aeva Technologies Profile

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.