Rhumbline Advisers Increases Stake in Aeva Technologies, Inc. (NYSE:AEVA)

Rhumbline Advisers raised its holdings in Aeva Technologies, Inc. (NYSE:AEVA) by 13.2% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 53,617 shares of the company’s stock after buying an additional 6,238 shares during the period. Rhumbline Advisers owned approximately 0.10% of Aeva Technologies worth $255,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Geode Capital Management LLC raised its stake in shares of Aeva Technologies by 14.2% in the third quarter. Geode Capital Management LLC now owns 611,873 shares of the company’s stock valued at $2,013,000 after acquiring an additional 76,044 shares in the last quarter. State Street Corp increased its holdings in Aeva Technologies by 5.5% during the 3rd quarter. State Street Corp now owns 452,309 shares of the company’s stock worth $1,488,000 after purchasing an additional 23,593 shares during the period. Charles Schwab Investment Management Inc. increased its holdings in Aeva Technologies by 3.9% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 211,452 shares of the company’s stock worth $696,000 after purchasing an additional 8,007 shares during the period. Barclays PLC raised its position 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 in the last quarter. Finally, PFG Investments LLC purchased a new position in shares of Aeva Technologies in the 4th quarter valued at about $48,000. Hedge funds and other institutional investors own 62.92% of the company’s stock.

Insider Buying and Selling

In related news, Director Stephen Paul Zadesky sold 14,851 shares of the company’s stock in a transaction dated Friday, February 28th. The stock was sold at an average price of $3.50, for a total value of $51,978.50. Following the completion of the sale, the director now directly owns 83,764 shares of the company’s stock, valued at $293,174. This represents a 15.06 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 29.10% of the stock is owned by company insiders.

Aeva Technologies Stock Up 1.3 %

Shares of NYSE:AEVA opened at $3.13 on Monday. Aeva Technologies, Inc. has a fifty-two week low of $2.20 and a fifty-two week high of $7.25. The firm’s 50 day moving average price is $4.17 and its 200 day moving average price is $3.88. The stock has a market cap of $168.65 million, a price-to-earnings ratio of -1.01 and a beta of 1.41.

Aeva Technologies 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.