Stephen Paul Zadesky Sells 14,851 Shares of Aeva Technologies, Inc. (NYSE:AEVA) Stock

Aeva Technologies, Inc. (NYSE:AEVA) Director Stephen Paul Zadesky sold 14,851 shares of the stock in a transaction dated Friday, February 28th. The shares were sold at an average price of $3.50, for a total transaction of $51,978.50. Following the completion of the transaction, the director now owns 83,764 shares of the company’s stock, valued at $293,174. This represents a 15.06 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Aeva Technologies Price Performance

NYSE AEVA opened at $3.09 on Friday. The company has a market capitalization of $166.50 million, a P/E ratio of -1.00 and a beta of 1.41. Aeva Technologies, Inc. has a 12 month low of $2.20 and a 12 month high of $7.25. The company’s 50 day simple moving average is $4.20 and its 200 day simple moving average is $3.86.

Analysts Set New Price Targets

AEVA has been the topic of a number of research analyst reports. Roth Mkm raised their price objective on shares of Aeva Technologies from $5.00 to $6.00 and gave the company a “buy” rating in a research note on Thursday, November 7th. Craig Hallum lifted their price target on Aeva Technologies from $5.00 to $6.00 and gave the company a “buy” rating in a research report on Thursday, November 7th.

Institutional Investors Weigh In On Aeva Technologies

Institutional investors and hedge funds have recently modified their holdings of the stock. Charles Schwab Investment Management Inc. grew its holdings in shares of Aeva Technologies by 3.9% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 211,452 shares of the company’s stock worth $696,000 after acquiring an additional 8,007 shares during the last quarter. State Street Corp grew its position in Aeva Technologies by 5.5% during the 3rd quarter. State Street Corp now owns 452,309 shares of the company’s stock worth $1,488,000 after purchasing an additional 23,593 shares in the last quarter. Barclays PLC raised its stake in Aeva Technologies by 276.4% during the 3rd quarter. Barclays PLC now owns 29,910 shares of the company’s stock valued at $98,000 after purchasing an additional 21,964 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Aeva Technologies by 14.2% in the third quarter. Geode Capital Management LLC now owns 611,873 shares of the company’s stock valued at $2,013,000 after purchasing an additional 76,044 shares in the last quarter. Finally, PFG Investments LLC purchased a new stake in shares of Aeva Technologies in the fourth quarter valued at $48,000. Institutional investors and hedge funds own 62.92% of the company’s stock.

Aeva Technologies Company 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.