Aeva Technologies, Inc. (NASDAQ:AEVA – Get Free Report) Director Stephen Paul Zadesky sold 2,984 shares of the business’s stock in a transaction on Monday, June 22nd. The stock was sold at an average price of $25.41, for a total transaction of $75,823.44. Following the completion of the transaction, the director owned 92,898 shares of the company’s stock, valued at approximately $2,360,538.18. This trade represents a 3.11% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Aeva Technologies Stock Performance
Shares of AEVA opened at $19.96 on Thursday. The company has a debt-to-equity ratio of 7.32, a quick ratio of 3.89 and a current ratio of 4.09. The stock has a market capitalization of $1.26 billion, a P/E ratio of -4.00 and a beta of 2.41. The company’s fifty day moving average is $20.75 and its two-hundred day moving average is $16.75. Aeva Technologies, Inc. has a 1 year low of $8.83 and a 1 year high of $38.80.
Institutional Investors Weigh In On Aeva Technologies
A number of institutional investors have recently made changes to their positions in the company. Duquesne Family Office LLC acquired a new position in Aeva Technologies during the third quarter worth about $26,670,000. Millennium Management LLC bought a new position in shares of Aeva Technologies during the 3rd quarter valued at about $25,751,000. Delta Global Management LP bought a new position in shares of Aeva Technologies during the 3rd quarter valued at about $18,139,000. Handelsbanken Fonder AB grew its stake in shares of Aeva Technologies by 158.3% in the 4th quarter. Handelsbanken Fonder AB now owns 1,445,409 shares of the company’s stock worth $19,202,000 after purchasing an additional 885,774 shares during the last quarter. Finally, Invesco Ltd. raised its holdings in shares of Aeva Technologies by 1,223.8% in the 2nd quarter. Invesco Ltd. now owns 614,411 shares of the company’s stock worth $23,219,000 after purchasing an additional 567,998 shares in the last quarter. 62.92% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
Get Our Latest Stock Analysis on AEVA
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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