Barclays PLC Acquires 21,964 Shares of Aeva Technologies, Inc. (NYSE:AEVA)

Barclays PLC boosted its position in Aeva Technologies, Inc. (NYSE:AEVAFree Report) by 276.4% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 29,910 shares of the company’s stock after purchasing an additional 21,964 shares during the period. Barclays PLC owned about 0.06% of Aeva Technologies worth $98,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. American Century Companies Inc. bought a new stake in Aeva Technologies in the 2nd quarter worth about $38,000. Sei Investments Co. bought a new stake in Aeva Technologies in the 2nd quarter worth about $39,000. Susquehanna Fundamental Investments LLC grew its position in Aeva Technologies by 82.3% in the 2nd quarter. Susquehanna Fundamental Investments LLC now owns 27,083 shares of the company’s stock worth $68,000 after purchasing an additional 12,227 shares in the last quarter. Dimensional Fund Advisors LP bought a new stake in Aeva Technologies in the 2nd quarter worth about $118,000. Finally, Bank of New York Mellon Corp boosted its stake in Aeva Technologies by 40.3% in the second quarter. Bank of New York Mellon Corp now owns 76,107 shares of the company’s stock valued at $192,000 after acquiring an additional 21,865 shares during the last quarter. 62.92% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on AEVA shares. Craig Hallum boosted their target price on shares of Aeva Technologies from $5.00 to $6.00 and gave the company a “buy” rating in a research note on Thursday, November 7th. Roth Mkm upped their price target on shares of Aeva Technologies from $5.00 to $6.00 and gave the company a “buy” rating in a research note on Thursday, November 7th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $10.53.

Read Our Latest Stock Report on AEVA

Insiders Place Their Bets

In other Aeva Technologies news, CEO Soroush Salehian Dardashti sold 107,795 shares of the stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $4.49, for a total value of $483,999.55. Following the sale, the chief executive officer now directly owns 4,097,013 shares in the company, valued at $18,395,588.37. This represents a 2.56 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CTO Mina Rezk sold 70,000 shares of the stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of $4.12, for a total transaction of $288,400.00. Following the completion of the sale, the chief technology officer now owns 8,766,669 shares in the company, valued at $36,118,676.28. This represents a 0.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 29.10% of the company’s stock.

Aeva Technologies Price Performance

NYSE AEVA opened at $4.46 on Friday. Aeva Technologies, Inc. has a 1 year low of $2.20 and a 1 year high of $7.25. The stock has a market capitalization of $240.52 million, a PE ratio of -1.44 and a beta of 1.40. The company’s 50 day simple moving average is $4.41 and its two-hundred day simple moving average is $3.69.

Aeva 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.

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Institutional Ownership by Quarter for Aeva Technologies (NYSE:AEVA)

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