Aeva Technologies, Inc. (NASDAQ:AEVA – Get Free Report) CEO Soroush Salehian Dardashti sold 225,349 shares of Aeva Technologies stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $24.57, for a total value of $5,536,824.93. Following the transaction, the chief executive officer owned 1,659,957 shares in the company, valued at approximately $40,785,143.49. This represents a 11.95% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.
Soroush Salehian Dardashti also recently made the following trade(s):
- On Tuesday, June 16th, Soroush Salehian Dardashti sold 50,000 shares of Aeva Technologies stock. The stock was sold at an average price of $24.57, for a total value of $1,228,500.00.
- On Tuesday, May 5th, Soroush Salehian Dardashti sold 41,083 shares of Aeva Technologies stock. The stock was sold at an average price of $15.04, for a total value of $617,888.32.
Aeva Technologies Trading Down 1.8%
AEVA stock traded down $0.44 during midday trading on Wednesday, hitting $23.49. 1,400,715 shares of the company’s stock were exchanged, compared to its average volume of 2,563,026. The stock’s fifty day moving average price is $19.71 and its 200-day moving average price is $16.36. 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 company has a market cap of $1.48 billion, a PE ratio of -4.71 and a beta of 2.41. Aeva Technologies, Inc. has a one year low of $8.83 and a one year high of $38.80.
Analyst Upgrades and Downgrades
Check Out Our Latest Stock Report on Aeva Technologies
Hedge Funds Weigh In On Aeva Technologies
Several institutional investors and hedge funds have recently made changes to their positions in the company. Duquesne Family Office LLC acquired a new position in shares of Aeva Technologies in the third quarter valued at approximately $26,670,000. Millennium Management LLC bought a new stake in shares of Aeva Technologies in the third quarter valued at approximately $25,751,000. Delta Global Management LP boosted its stake in shares of Aeva Technologies by 29.7% in the fourth quarter. Delta Global Management LP now owns 1,623,148 shares of the company’s stock valued at $21,555,000 after buying an additional 372,159 shares during the period. Vanguard Group Inc. boosted its stake in shares of Aeva Technologies by 12.5% in the third quarter. Vanguard Group Inc. now owns 1,576,930 shares of the company’s stock valued at $22,865,000 after buying an additional 175,482 shares during the period. Finally, Handelsbanken Fonder AB boosted its stake in shares of Aeva Technologies by 158.3% in the fourth quarter. Handelsbanken Fonder AB now owns 1,445,409 shares of the company’s stock valued at $19,202,000 after buying an additional 885,774 shares during the period. Institutional investors and hedge funds own 62.92% of the company’s stock.
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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