Aeva tech CEO Dardashti sells shares worth $2.69 million

Published 14/08/2025, 01:18
Aeva tech CEO Dardashti sells shares worth $2.69 million

Aeva Technologies NASDAQ:AEVA Chief Executive Officer Soroush Salehian Dardashti sold shares of the company’s common stock on August 13, 2025, for approximately $2.69 million. The transaction comes as the $775 million market cap company has seen its stock surge over 413% in the past year, though InvestingPro analysis indicates the stock is currently trading near its Fair Value.

The sales involved two transactions. In the first, 199,113 shares were sold at a weighted average price of $13.4468, with prices ranging from $12.94 to $13.93. The second transaction involved the sale of 887 shares at a weighted average price of $13.95, with prices ranging from $13.94 to $13.99. The stock has shown significant volatility, with InvestingPro data revealing a remarkable 226% gain over the past six months, while analysts maintain a strong buy consensus.

Following these transactions, Dardashti directly owns 1,897,862 shares and indirectly owns 2,134,808 shares of Aeva Technologies NASDAQ:AEVA through a trust. For deeper insights into insider trading patterns and comprehensive analysis, access the full Aeva Technologies research report on InvestingPro, where you’ll find 16 additional investment tips and detailed financial metrics.

In other recent news, Aeva Technologies reported a record revenue of $5.5 million for the second quarter of 2025. This represents a significant milestone for the company, despite the stock experiencing a decline in regular trading. Aeva has outlined ambitious growth plans, projecting a 100-110% increase in revenue for the year 2025. In addition, Canaccord Genuity raised its price target for Aeva Technologies to $24 from $16, maintaining a Buy rating on the stock. This adjustment reflects updates to Canaccord’s financial model for the company. Furthermore, Aeva introduced its Atlas Orion 4D LiDAR sensor aimed at smart infrastructure and security applications. The sensor meets NEMA-TS2 standards for harsh outdoor environments and features an integrated power-over-ethernet interface. These developments highlight Aeva’s ongoing efforts to innovate and expand its market presence.

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