Barclays PLC Has $98,000 Stock Position in Aeva Technologies, Inc. (NYSE:AEVA)

Barclays PLC increased its position in shares of Aeva Technologies, Inc. (NYSE:AEVAFree Report) by 276.4% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 29,910 shares of the company’s stock after purchasing an additional 21,964 shares during the quarter. Barclays PLC’s holdings in Aeva Technologies were worth $98,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the company. Charles Schwab Investment Management Inc. increased its position in shares of 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 in the last quarter. Susquehanna Fundamental Investments LLC increased its position 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 purchasing an additional 12,227 shares in the last quarter. American Century Companies Inc. acquired a new stake in shares of Aeva Technologies during the 2nd quarter worth about $38,000. Sei Investments Co. acquired a new stake in shares of Aeva Technologies during the 2nd quarter worth about $39,000. Finally, Bank of New York Mellon Corp increased its position 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 purchasing an additional 21,865 shares in the last quarter. Institutional investors and hedge funds own 62.92% of the company’s stock.

Analysts Set New Price Targets

AEVA has been the subject of a number of recent analyst reports. Craig Hallum increased their target price on shares of Aeva Technologies from $5.00 to $6.00 and gave the stock a “buy” rating in a research report on Thursday, November 7th. Roth Mkm increased 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 equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, Aeva Technologies currently has an average rating of “Moderate Buy” and an average target price of $10.53.

View Our Latest Stock Analysis on Aeva Technologies

Aeva Technologies Stock Down 9.8 %

Shares of NYSE:AEVA opened at $4.50 on Thursday. Aeva Technologies, Inc. has a 12 month low of $2.20 and a 12 month high of $7.25. The company’s 50-day moving average price is $4.33 and its two-hundred day moving average price is $3.55. The firm has a market cap of $242.47 million, a P/E ratio of -1.46 and a beta of 1.40.

Insiders Place Their Bets

In other news, CTO Mina Rezk sold 70,000 shares of the firm’s stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $4.12, for a total value of $288,400.00. Following the transaction, the chief technology officer now owns 8,766,669 shares of the company’s stock, valued at approximately $36,118,676.28. This trade represents a 0.79 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Soroush Salehian Dardashti sold 107,795 shares of the firm’s stock in a transaction dated 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 directly owns 4,097,013 shares in the company, valued at $18,395,588.37. This trade 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.

About Aeva Technologies

(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.

See Also

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

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