Soroush Salehian Dardashti Sells 33,147 Shares of Aeva Technologies, Inc. (NYSE:AEVA) Stock

Aeva Technologies, Inc. (NYSE:AEVA) CEO Soroush Salehian Dardashti sold 33,147 shares of the firm’s stock in a transaction that occurred on Monday, March 25th. The shares were sold at an average price of $3.95, for a total value of $130,930.65. Following the completion of the sale, the chief executive officer now directly owns 4,525,554 shares of the company’s stock, valued at $17,875,938.30. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Soroush Salehian Dardashti also recently made the following trade(s):

• On Friday, March 22nd, Soroush Salehian Dardashti sold 67,791 shares of Aeva Technologies stock. The stock was sold at an average price of $4.03, for a total value of $273,197.73.
• On Wednesday, March 20th, Soroush Salehian Dardashti sold 75,791 shares of Aeva Technologies stock. The stock was sold at an average price of $4.65, for a total value of $352,428.15.

Aeva Technologies Stock Up 1.7 %

Shares of AEVA stock opened at $3.54 on Thursday. Aeva Technologies, Inc. has a fifty-two week low of $2.33 and a fifty-two week high of $7.60. The stock’s fifty day moving average price is $4.80 and its two-hundred day moving average price is $4.02.

Analysts Set New Price Targets

AEVA has been the topic of a number of recent research reports. Morgan Stanley raised their price objective on Aeva Technologies to $5.10 and gave the stock an “equal weight” rating in a research note on Tuesday, March 19th. Oppenheimer restated an “outperform” rating and set a $25.00 price objective on shares of Aeva Technologies in a research note on Wednesday, March 6th. Finally, Roth Mkm raised their price objective on Aeva Technologies from $5.00 to $7.50 and gave the stock a “buy” rating in a research note on Wednesday, January 10th. Two analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Aeva Technologies currently has an average rating of “Moderate Buy” and a consensus target price of $11.90.

Institutional Investors Weigh In On Aeva Technologies

Several hedge funds have recently modified their holdings of the company. Vanguard Group Inc. boosted its holdings in shares of Aeva Technologies by 1.2% during the 4th quarter. Vanguard Group Inc. now owns 7,987,060 shares of the company’s stock valued at $6,052,000 after acquiring an additional 91,832 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in Aeva Technologies by 70.1% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 141,769 shares of the company’s stock worth $108,000 after buying an additional 58,400 shares during the period. Sylebra Capital LLC lifted its holdings in Aeva Technologies by 91.5% during the 4th quarter. Sylebra Capital LLC now owns 51,896,560 shares of the company’s stock worth $39,322,000 after buying an additional 24,795,027 shares during the period. Barclays PLC lifted its holdings in Aeva Technologies by 722.9% during the 4th quarter. Barclays PLC now owns 110,396 shares of the company’s stock worth $84,000 after buying an additional 96,980 shares during the period. Finally, Parkwood LLC lifted its holdings in Aeva Technologies by 78.4% during the 4th quarter. Parkwood LLC now owns 609,825 shares of the company’s stock worth $462,000 after buying an additional 268,046 shares during the period. Institutional investors and hedge funds own 62.92% of the company’s stock.

About Aeva Technologies

Aeva Technologies, Inc engages in the design, manufacturing, and sale of LiDAR sensing systems, and related perception and autonomy-enabling software solutions in the United States, Thailand, Europe, the Middle East, and Asia. The company develops its products using frequency modulated continuous wave sensing technology.