Aeva Technologies, Inc. (NASDAQ:AEVA – Get Free Report) CTO Mina Rezk sold 100,000 shares of the stock in a transaction on Monday, August 10th. The shares were sold at an average price of $24.01, for a total value of $2,401,000.00. Following the completion of the sale, the chief technology officer owned 1,606,669 shares in the company, valued at approximately $38,576,122.69. This trade represents a 5.86% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Mina Rezk also recently made the following trade(s):
- On Monday, July 27th, Mina Rezk sold 10,304 shares of Aeva Technologies stock. The shares were sold at an average price of $15.40, for a total value of $158,681.60.
- On Wednesday, July 8th, Mina Rezk sold 64,821 shares of Aeva Technologies stock. The stock was sold at an average price of $21.16, for a total transaction of $1,371,612.36.
- On Tuesday, June 16th, Mina Rezk sold 350,000 shares of Aeva Technologies stock. The stock was sold at an average price of $24.57, for a total transaction of $8,599,500.00.
Aeva Technologies Price Performance
NASDAQ:AEVA opened at $23.28 on Friday. The company has a market cap of $1.47 billion, a P/E ratio of -8.53 and a beta of 2.47. The firm’s fifty day moving average price is $21.38 and its two-hundred day moving average price is $17.96. Aeva Technologies, Inc. has a one year low of $8.83 and a one year high of $31.30. The company has a debt-to-equity ratio of 3.52, a current ratio of 7.85 and a quick ratio of 7.63.
Institutional Trading of Aeva Technologies
Analyst Ratings Changes
AEVA has been the subject of a number of research analyst reports. Canaccord Genuity Group boosted their price objective on Aeva Technologies from $24.00 to $26.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Wall Street Zen lowered Aeva Technologies from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 8th. Oppenheimer reissued an “outperform” rating and set a $42.00 price target on shares of Aeva Technologies in a report on Thursday, August 6th. Morgan Stanley boosted their price target on Aeva Technologies from $18.50 to $27.00 and gave the company an “equal weight” rating in a research note on Friday, August 7th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Aeva Technologies in a report on Friday, August 7th. Two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $31.67.
Read Our Latest Analysis on Aeva Technologies
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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