Insider Selling: Aeva Technologies, Inc. (NYSE:AEVA) CTO Sells $195,300.00 in Stock

Aeva Technologies, Inc. (NYSE:AEVAGet Free Report) CTO Mina Rezk sold 70,000 shares of the stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $2.79, for a total value of $195,300.00. Following the completion of the sale, the chief technology officer now directly owns 8,696,669 shares in the company, valued at $24,263,706.51. This represents a 0.80 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Aeva Technologies Stock Performance

AEVA stock opened at $2.59 on Friday. The company’s 50 day moving average price is $4.00 and its 200 day moving average price is $3.85. The firm has a market capitalization of $139.56 million, a price-to-earnings ratio of -0.84 and a beta of 1.41. Aeva Technologies, Inc. has a fifty-two week low of $2.20 and a fifty-two week high of $5.54.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. PFG Investments LLC purchased a new stake in shares of Aeva Technologies during the 4th quarter worth $48,000. Intech Investment Management LLC acquired a new stake in Aeva Technologies in the fourth quarter valued at $52,000. Squarepoint Ops LLC acquired a new stake in Aeva Technologies in the fourth quarter valued at $54,000. Susquehanna Fundamental Investments LLC purchased a new stake in Aeva Technologies during the 4th quarter worth about $63,000. Finally, Advisory Services Network LLC acquired a new position in shares of Aeva Technologies during the 4th quarter worth about $78,000. Institutional investors and hedge funds own 62.92% of the company’s stock.

Aeva Technologies Company Profile

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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.

Further Reading

Insider Buying and Selling by Quarter for Aeva Technologies (NYSE:AEVA)

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