MetLife Investment Management LLC Has $107,000 Stock Holdings in Aeva Technologies, Inc. (NYSE:AEVA)

MetLife Investment Management LLC raised its stake in Aeva Technologies, Inc. (NYSE:AEVA – Get Rating) by 67.3% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 57,278 shares of the company’s stock after buying an additional 23,045 shares during the quarter. MetLife Investment Management LLC’s holdings in Aeva Technologies were worth $107,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Atom Investors LP acquired a new position in Aeva Technologies in the 3rd quarter valued at approximately $55,000. Hamilton Lane Advisors LLC increased its stake in shares of Aeva Technologies by 143.1% during the 3rd quarter. Hamilton Lane Advisors LLC now owns 133,584 shares of the company’s stock worth $250,000 after purchasing an additional 78,639 shares during the last quarter. Game Plan Financial Advisors LLC increased its stake in shares of Aeva Technologies by 43.2% during the 3rd quarter. Game Plan Financial Advisors LLC now owns 58,000 shares of the company’s stock worth $108,000 after purchasing an additional 17,500 shares during the last quarter. Quantbot Technologies LP increased its stake in shares of Aeva Technologies by 339.2% during the 3rd quarter. Quantbot Technologies LP now owns 92,205 shares of the company’s stock worth $172,000 after purchasing an additional 71,213 shares during the last quarter. Finally, Sylebra Capital Ltd increased its stake in shares of Aeva Technologies by 1.0% during the 2nd quarter. Sylebra Capital Ltd now owns 27,101,533 shares of the company’s stock worth $84,828,000 after purchasing an additional 273,133 shares during the last quarter. Institutional investors and hedge funds own 48.80% of the company’s stock.

Aeva Technologies Trading Up 9.7 %

NYSE AEVA opened at $1.92 on Monday. The company has a fifty day simple moving average of $1.63 and a 200 day simple moving average of $1.92. The company has a market cap of $419.00 million, a P/E ratio of -3.05 and a beta of 1.19. Aeva Technologies, Inc. has a 1 year low of $1.17 and a 1 year high of $4.72.

Analysts Set New Price Targets

Several brokerages have recently commented on AEVA. Morgan Stanley dropped their price target on shares of Aeva Technologies from $5.00 to $2.50 and set an “equal weight” rating on the stock in a research note on Wednesday, November 9th. Piper Sandler dropped their price target on shares of Aeva Technologies from $4.50 to $2.25 and set a “neutral” rating on the stock in a research note on Wednesday, November 9th. Finally, Roth Capital dropped their price target on shares of Aeva Technologies from $20.00 to $10.00 in a research note on Wednesday, November 9th.

Insider Buying and Selling

In related news, CEO Soroush Salehian Dardashti sold 362,849 shares of the company’s stock in a transaction on Thursday, February 2nd. The shares were sold at an average price of $2.04, for a total transaction of $740,211.96. Following the completion of the sale, the chief executive officer now directly owns 23,912,491 shares of the company’s stock, valued at approximately $48,781,481.64. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 34.70% of the stock is owned by insiders.

Aeva Technologies Profile

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Aeva Technologies, Inc, through its frequency modulated continuous wave (FMCW) sensing technology, designs a 4D LiDAR-on-chip that enables the adoption of LiDAR across various applications. from automated driving to consumer electronics, consumer health, industrial automation, and security application.