Aeva Technologies (NYSE:AEVA) CEO sold 200,000 shares at $5.36 each but still holds a significant stake in the company.
The company’s stock has seen a 9.5% increase in the last trading session, with a 24.1% gain over the past month.
Aeva reported a loss of 49 cents per share, better than expected, and exceeded revenue expectations with $3 million.
Aeva Technologies (NYSE:AEVA) is a company that specializes in developing advanced sensing and perception systems, primarily for autonomous vehicles. The company is known for its innovative 4D LiDAR technology, which enhances the capabilities of self-driving cars. Aeva competes with other tech firms in the autonomous vehicle space, striving to provide cutting-edge solutions that improve safety and efficiency.
On March 26, 2025, Dardashti Soroush Salehian, the CEO of Aeva, sold 200,000 shares of the company’s common stock at approximately $5.36 each. Despite this sale, Salehian still holds a substantial 3,764,808 shares. This transaction is part of the company’s ongoing activities and can be reviewed in detail on the SEC website.
Aeva’s stock has been on an upward trajectory, with a notable 9.5% increase in the last trading session, closing at $5.19. This surge was fueled by a higher-than-average trading volume. Over the past month, the stock has gained 24.1%, reflecting positive investor sentiment following the company’s quarterly results and a significant contract announcement.
Financially, Aeva reported a loss of 49 cents per share, which was better than the expected 58-cent loss, as highlighted by Zacks. The company also exceeded revenue expectations, reporting $3 million compared to the anticipated $2 million. This performance indicates a positive trend, with plans to increase production to 100,000 sensor units by year-end, suggesting strong growth potential for 2026.
Currently, AEVA’s stock is priced at $5.80, marking an 11.75% increase. The stock has fluctuated between $5.09 and $5.81 today, with the latter being its highest price in the past year. The company’s market capitalization is approximately $317.3 million, supported by a trading volume of 2,728,083 shares. This performance underscores Aeva’s resilience and potential in the competitive tech market.
