Aeva Technologies, Inc. (NYSE:AEVA – Get Rating) CFO Saurabh Sinha sold 11,997 shares of Aeva Technologies stock in a transaction on Tuesday, September 13th. The stock was sold at an average price of $2.75, for a total transaction of $32,991.75. Following the sale, the chief financial officer now owns 192,797 shares in the company, valued at approximately $530,191.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Aeva Technologies Stock Performance
Shares of NYSE:AEVA opened at $2.71 on Friday. Aeva Technologies, Inc. has a 52 week low of $2.46 and a 52 week high of $10.75. The company's fifty day moving average is $3.36 and its 200-day moving average is $3.46. The company has a market capitalization of $590.24 million, a PE ratio of -4.59 and a beta of 0.90.
Get Aeva Technologies alerts:Aeva Technologies (NYSE:AEVA – Get Rating) last released its quarterly earnings results on Wednesday, August 3rd. The company reported ($0.16) earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of ($0.16). Aeva Technologies had a negative return on equity of 27.32% and a negative net margin of 1,407.47%. During the same period in the previous year, the business earned ($0.11) earnings per share. On average, analysts forecast that Aeva Technologies, Inc. will post -0.69 EPS for the current year.
Wall Street Analysts Forecast Growth
Separately, Piper Sandler lifted their price target on shares of Aeva Technologies from $3.00 to $4.50 and gave the stock a "neutral" rating in a research note on Thursday, August 4th.Institutional Trading of Aeva Technologies
Several institutional investors and hedge funds have recently added to or reduced their stakes in AEVA. Quantbot Technologies LP bought a new stake in Aeva Technologies during the 1st quarter worth about $35,000. Point72 Hong Kong Ltd bought a new stake in shares of Aeva Technologies in the 4th quarter valued at about $37,000. Itau Unibanco Holding S.A. bought a new stake in shares of Aeva Technologies in the 4th quarter valued at about $40,000. Independent Advisor Alliance bought a new stake in shares of Aeva Technologies in the 2nd quarter valued at about $41,000. Finally, Pictet Asset Management SA bought a new stake in shares of Aeva Technologies in the 2nd quarter valued at about $41,000. 47.10% of the stock is owned by institutional investors.
About Aeva Technologies
(Get Rating)
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.
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