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

Barclays PLC grew its holdings in Aeva Technologies, Inc. (NYSE:AEVA) by 276.4% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 29,910 shares of the company’s stock after acquiring an additional 21,964 shares during the period. Barclays PLC owned 0.06% of Aeva Technologies worth $98,000 as of its most recent SEC filing.

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

Insider Buying and Selling at Aeva Technologies

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

Wall Street Analyst Weigh In

AEVA has been the subject of several recent analyst reports. Roth Mkm upped their price objective on shares of Aeva Technologies from $5.00 to $6.00 and gave the stock a “buy” rating in a report on Thursday, November 7th. Craig Hallum upped their price objective on shares of Aeva Technologies from $5.00 to $6.00 and gave the stock a “buy” rating in a report on Thursday, November 7th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $10.53.

Aeva Technologies Price Performance

Shares of Aeva Technologies stock opened at $4.50 on Thursday. Aeva Technologies, Inc. has a fifty-two week low of $2.20 and a fifty-two week high of $7.25. The firm has a fifty day moving average price of $4.33 and a two-hundred day moving average price of $3.55. The company has a market cap of $242.47 million, a PE ratio of -1.46 and a beta of 1.40.

About Aeva Technologies

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.