Insider Selling: Aeva Technologies (NASDAQ:AEVA) CEO Sells 41,083 Shares of Stock

Key Points

• CEO Soroush Salehian Dardashti sold 41,083 shares at an average price of $15.04 (about $617,888) to cover tax withholding on vested equity, trimming his stake by 2.33% to 1,725,329 shares.
• Commercial progress: Aeva delivered production‑intent Atlas sensors to Daimler Truck, provided Atlas Ultra C‑samples to a top‑10 European OEM, and expanded its CityOS pilot to 30 Atlanta intersections — milestones that validate programs and could drive revenue if OEM ramps proceed.
• Market and financials: Shares plunged about 17.6% to $13.66 on heavy volume despite Q1 revenue beating expectations ($6.26M); the company remains unprofitable with a market cap near $860M and a consensus analyst rating of "Hold" (avg. target $26.50).

Aeva Technologies, Inc. (NASDAQ:AEVA - Get Free Report) CEO Soroush Salehian Dardashti sold 41,083 shares of the business's stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $15.04, for a total transaction of $617,888.32. Following the sale, the chief executive officer owned 1,725,329 shares in the company, valued at $25,948,948.16. This trade represents a 2.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Aeva Technologies Stock Down 17.6%

Shares of AEVA traded down $2.91 during mid-day trading on Thursday, hitting $13.66. 5,760,919 shares of the company's stock were exchanged, compared to its average volume of 1,294,886. The stock's 50-day moving average is $14.60 and its 200-day moving average is $14.33. The company has a debt-to-equity ratio of 7.32, a quick ratio of 4.12 and a current ratio of 4.28. Aeva Technologies, Inc. has a fifty-two week low of $8.83 and a fifty-two week high of $38.80. The company has a market cap of $860.31 million, a price-to-earnings ratio of -2.74 and a beta of 2.20.

Institutional Trading of Aeva Technologies

Several hedge funds have recently added to or reduced their stakes in AEVA. Quantbot Technologies LP purchased a new position in Aeva Technologies in the second quarter worth approximately $36,000. Zurcher Kantonalbank Zurich Cantonalbank acquired a new stake in shares of Aeva Technologies in the 4th quarter valued at $33,000. Daiwa Securities Group Inc. acquired a new stake in shares of Aeva Technologies in the 2nd quarter valued at $100,000. Caitong International Asset Management Co. Ltd acquired a new position in shares of Aeva Technologies during the fourth quarter worth $47,000. Finally, KLP Kapitalforvaltning AS purchased a new position in Aeva Technologies in the third quarter valued at $57,000. Institutional investors and hedge funds own 62.92% of the company's stock.

More Aeva Technologies News

Here are the key news stories impacting Aeva Technologies this week:

• Positive Sentiment: Major customer milestones: Aeva says it delivered production‑intent Atlas sensors to Daimler Truck and highlighted progress toward series production for autonomous Class 8 trucks — a clear commercial validation and revenue pathway if OEM programs scale. Aeva Reports First Quarter 2026 Results
• Positive Sentiment: Product and customer traction: Aeva delivered Atlas Ultra C‑samples to a Top‑10 European passenger OEM for vehicle integration and AV stack work — plus CityOS smart‑infrastructure expansion (30 Atlanta intersections) that can help software/services adoption and validation. Aeva outlines 2027 Daimler Truck launch path and 2028 passenger SOP as CityOS expands to 30 Atlanta intersections
• Neutral Sentiment: Quarterly results: Q1 EPS was a loss of $0.41 and revenue was $6.26M; EPS beat consensus (estimates ranged around larger losses) and revenue topped expectations — signs of improving execution but still early‑stage commercialization. Aeva Technologies, Inc. (AEVA) Reports Q1 Loss, Beats Revenue Estimates
• Neutral Sentiment: Earnings call/transcript available: Management discussed commercialization milestones, Daimler timelines and CityOS expansion — read the call for details on program timing, supply readiness and expected revenue cadence. Aeva (AEVA) Q1 2026 Earnings Call Transcript
• Negative Sentiment: Profitability and balance‑sheet context: Despite beats, Aeva remains unprofitable with steep negative margins and a large negative ROE; leverage and cash burn remain investor risks until OEM production ramps. (See Q1 results and company metrics.) AEVA Market Profile & Metrics
• Negative Sentiment: Street sentiment cautious: Analysts’ consensus rating is roughly a “Hold,” indicating limited near‑term upside in broker views despite the program progress. Aeva Technologies, Inc. NASDAQ: AEVA Receives Average Recommendation of "Hold" from Analysts

Analyst Ratings Changes

Several equities analysts have commented on AEVA shares. Weiss Ratings reissued a "sell (e+)" rating on shares of Aeva Technologies in a research report on Friday, March 27th. Wall Street Zen upgraded Aeva Technologies from a "sell" rating to a "hold" rating in a research note on Saturday, April 4th. Three equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $26.50.

Aeva Technologies Company Profile

Aeva Technologies, Inc is a technology company specializing in the development and commercialization of advanced sensing and perception solutions based on frequency-modulated continuous wave (FMCW) LiDAR. Headquartered in Mountain View, California, Aeva's core products include solid-state LiDAR sensors and perception software designed to provide high-resolution, long-range 4D data for automotive, industrial and robotic applications. The company's FMCW approach enables simultaneous measurement of both object velocity and distance, distinguishing Aeva's systems from traditional time-of-flight LiDAR solutions.

Founded in 2016 by Soroush Salehian and Mina Rezk, Aeva began as Aeon Imaging before adopting its current name in 2019.

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