Aeva Technologies, Inc. (NYSE:AEVA – Get 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
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.
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