Aeva Technologies, Inc. (NYSE:AEVA) Shares Bought by Rhumbline Advisers

Rhumbline Advisers increased its position in Aeva Technologies, Inc. (NYSE:AEVA) by 13.2% during the fourth quarter, HoldingsChannel.com reports. The fund owned 53,617 shares of the company’s stock after acquiring an additional 6,238 shares during the quarter. Rhumbline Advisers’ holdings in Aeva Technologies were worth $255,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Geode Capital Management LLC boosted its position in Aeva Technologies by 14.2% during the third quarter. Geode Capital Management LLC now owns 611,873 shares of the company’s stock worth $2,013,000 after purchasing an additional 76,044 shares in the last quarter. State Street Corp raised its stake in shares of 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 buying an additional 23,593 shares during the last quarter. Barclays PLC boosted its position in shares of Aeva Technologies by 276.4% in the 3rd quarter. Barclays PLC now owns 29,910 shares of the company’s stock worth $98,000 after buying an additional 21,964 shares in the last quarter. PFG Investments LLC acquired a new stake in Aeva Technologies in the 4th quarter valued at about $48,000. Finally, 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 valued at $696,000 after acquiring an additional 8,007 shares in the last quarter. 62.92% of the stock is owned by hedge funds and other institutional investors.

Aeva Technologies Stock Up 1.3 %

NYSE AEVA opened at $3.13 on Monday. 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, Inc. has a fifty-two week low of $2.20 and a fifty-two week high of $7.25. The business has a fifty day moving average of $4.17 and a 200-day moving average of $3.88.

Insider Activity

In related news, Director Stephen Paul Zadesky sold 14,851 shares of the firm’s stock in a transaction on Friday, February 28th. The shares were sold at an average price of $3.50, for a total transaction 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 approximately $293,174. This trade represents a 15.06 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 29.10% of the company’s stock.

Aeva Technologies Company 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.