2 weeks Ago By Defense World Staff
LPL Financial LLC bought a new stake in shares of Aeva Technologies, Inc. (NYSE:AEVA – Free Report) in the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 94,929 shares of the company’s stock, valued at approximately $451,000.
LPL Financial LLC owned approximately 0.18% of Aeva Technologies at the end of the most recent quarter. Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company.
Geode Capital Management LLC lifted its stake in Aeva Technologies by 14.2% in the 3rd quarter. Geode Capital Management LLC now owns 611,873 shares of the company’s stock valued at $2,013,000 after buying an additional 76,044 shares in the last quarter.
State Street Corp boosted its stake in shares of Aeva Technologies by 5.5% during the third quarter. State Street Corp now owns 452,309 shares of the company’s stock valued at $1,488,000 after acquiring an additional 23,593 shares during the last quarter.
Charles Schwab Investment Management Inc. boosted its stake in shares of Aeva Technologies by 14.6% during the fourth quarter.
Charles Schwab Investment Management Inc. now owns 242,376 shares of the company’s stock valued at $1,151,000 after acquiring an additional 30,924 shares during the last quarter. Rhumbline Advisers increased its position in Aeva Technologies by 13.
2% during the 4th quarter. Rhumbline Advisers now owns 53,617 shares of the company’s stock worth $255,000 after purchasing an additional 6,238 shares in the last quarter. Finally, Barclays PLC raised its stake in Aeva Technologies by 276.
4% in the 3rd quarter. Barclays PLC now owns 29,910 shares of the company’s stock valued at $98,000 after purchasing an additional 21,964 shares during the last quarter. Institutional investors and hedge funds own 62.
92% of the company’s stock. Aeva Technologies Trading Down 2.3 %Shares of Aeva Technologies stock opened at $7.
32 on Friday. The business’s fifty day moving average price is $5.19 and its 200 day moving average price is $4.
56. Aeva Technologies, Inc. has a twelve month low of $2.
20 and a twelve month high of $8.12. The stock has a market capitalization of $400.
51 million, a P/E ratio of -2.37 and a beta of 1.03.
Insider Transactions at Aeva TechnologiesIn other Aeva Technologies news, CTO Mina Rezk sold 125,000 shares of the firm’s stock in a transaction dated Monday, April 21st. The stock was sold at an average price of $6.34, for a total value of $792,500.
00. Following the transaction, the chief technology officer now directly owns 8,421,669 shares of the company’s stock, valued at $53,393,381.46.
This trade represents a 1.46 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.
Also, major shareholder Sylebra Capital Llc bought 990,411 shares of the stock in a transaction dated Monday, March 24th. The stock was bought at an average price of $4.36 per share, with a total value of $4,318,191.
96. Following the purchase, the insider now owns 11,369,715 shares of the company’s stock, valued at approximately $49,571,957.40.
This represents a 9.54 % increase in their position. The disclosure for this purchase can be found here.
In the last three months, insiders have bought 4,213,506 shares of company stock worth $24,985,345 and have sold 527,079 shares worth $3,000,979. Company insiders own 29.10% of the company’s stock.
Analysts Set New Price TargetsA number of equities research analysts have recently commented on AEVA shares. Canaccord Genuity Group initiated coverage on shares of Aeva Technologies in a report on Tuesday, April 1st. They set a “buy” rating and a $9.
50 price target for the company. Morgan Stanley increased their price target on Aeva Technologies from $4.87 to $5.
22 and gave the stock an “equal weight” rating in a research note on Friday, March 21st. Finally, Oppenheimer lifted their price objective on Aeva Technologies from $6.00 to $9.
00 and gave the company an “outperform” rating in a research report on Monday, April 21st. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.
com, the stock has an average rating of “Moderate Buy” and an average price target of $7.14.Get Our Latest Research Report on Aeva TechnologiesAeva Technologies Profile (Free Report)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.Read MoreFive stocks we like better than Aeva TechnologiesHealth Care Stocks Explained: Why You Might Want to InvestShort Sellers Gave Up on These 3 Names RecentlyWhy Special Dividends Can be a Delightful Surprise for Income Investors3 Boring Stocks Outperforming the Market This YearBank Stocks – Best Bank Stocks to Invest InIf You Wanted To Buy AbbVie and Didn’t, There’s Still Time To Buy.
