Mina Rezk Sells 70,000 Shares of Aeva Technologies, Inc. (NYSE:AEVA) Stock

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

Aeva Technologies Price Performance

NYSE:AEVA opened at $2.68 on Tuesday. The company's 50-day simple moving average is $4.13 and its 200 day simple moving average is $3.87. The firm has a market capitalization of $144.41 million, a P/E ratio of -0.87 and a beta of 1.41. Aeva Technologies, Inc. has a one year low of $2.20 and a one year high of $7.05.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Parkwood LLC lifted its stake in shares of Aeva Technologies by 415.7% in the fourth quarter. Parkwood LLC now owns 1,426,627 shares of the company's stock worth $6,776,000 after buying an additional 1,150,000 shares in the last quarter. Jane Street Group LLC lifted its stake in shares of Aeva Technologies by 2,490.3% in the fourth quarter. Jane Street Group LLC now owns 648,942 shares of the company's stock worth $3,082,000 after buying an additional 623,889 shares in the last quarter. Geode Capital Management LLC lifted its stake in shares of Aeva Technologies by 1.5% in the fourth quarter. Geode Capital Management LLC now owns 621,191 shares of the company's stock worth $2,951,000 after buying an additional 9,318 shares in the last quarter. State Street Corp lifted its stake in shares of Aeva Technologies by 5.5% in the third quarter. State Street Corp now owns 452,309 shares of the company's stock worth $1,488,000 after buying an additional 23,593 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of Aeva Technologies by 14.6% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 242,376 shares of the company's stock worth $1,151,000 after buying an additional 30,924 shares in the last quarter. Institutional investors 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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