LIVE UPDATES: Fed Chair Jerome Powell to deliver major speech at Jackson Hole
Aeva Technologies (NASDAQ:AEVA) Chief Financial Officer Saurabh Sinha sold 160,000 shares of common stock on August 18, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The stock, currently trading at $13.34, has shown remarkable performance with a 344% return over the past year, though InvestingPro data indicates the shares are currently in oversold territory. The shares were sold at a weighted average price of $13.3328, for a total transaction value of $2.13 million.
The prices for the sales ranged from $13.00 to $13.61. Following the transaction, Sinha directly owns 810,710 shares of Aeva Technologies.
In other recent news, Aeva Technologies announced a significant achievement in its Q2 2025 earnings, reporting record revenue of $5.5 million. Despite this impressive revenue, the company’s stock experienced a decline during regular trading hours. Aeva also outlined ambitious growth plans, projecting a revenue increase of 100-110% for 2025. In addition, Aeva introduced its Atlas Orion 4D LiDAR sensor, designed for smart infrastructure and security applications, certified to meet NEMA-TS2 traffic control systems standards. This new product features an integrated power-over-ethernet interface for simplified deployment. On the analyst front, Canaccord Genuity raised its price target for Aeva Technologies to $24 from $16, maintaining a Buy rating on the stock. This adjustment represents a 50% increase in the firm’s previous valuation of the company. These developments highlight a period of significant activity for Aeva Technologies.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.