Mina Rezk Sells Shares of Aeva Technologies

Mina Rezk, the Chief Technology Officer of Aeva Technologies, Inc. (NasdaqGS: AEVA), sold 350,000 shares of the company on June 16, 2026. This planned transaction was executed at an average price of $24.57, totaling approximately $8.6 million.

Insider Buying and Selling at Aeva Technologies, Inc.

Mina Rezk's recent sale is part of a planned transaction strategy. On the same day, Aeva's CEO, Soroush Salehian, also sold 275,349 shares at a similar average price. Earlier, on May 29, both Rezk and Salehian made significant purchases, acquiring 159,977 shares each, alongside other executive buys.

Other Institutional Activity in Aeva Technologies

Among institutional investors, BlackRock, Inc. increased its holdings by 69,887 shares, now totaling 2,770,212 shares valued at about $36.5 million. Parkwood LLC also boosted its position by 230,000 shares, reaching 1,260,627 shares worth $16.6 million. Conversely, Millennium Management LLC reduced its stake significantly, selling 498,962 shares and bringing its total to 1,231,362 shares, valued at approximately $16.2 million.

Aeva Technologies, Inc. Stock Up 53.9%

Shares of Aeva Technologies are trading around $24.52. The company, with a market capitalization of $1.62 billion, is not currently profitable, reflected in its negative forward P/E ratio of -15.54. The stock has experienced a wide 52-week range, from a low of $8.83 to a high of $38.8. Aeva's beta of 2.41 suggests higher volatility compared to the broader market.

Recent Earnings

Aeva Technologies reported revenue of $20.97 million, showing a growth of 85.9% year-over-year. Despite this, the company reported a net margin of 0.0% and a return on equity of -5.16%, indicating ongoing profitability challenges. The next earnings report is expected on July 30, 2026.

Analysts Set New Price Targets

Analyst firms like Canaccord Genuity and Oppenheimer have maintained a 'buy' rating for Aeva Technologies, with price targets of $24.0 and $33.0, respectively. The consensus among analysts is a 'strong buy,' with a mean target price of $25.13.

About Aeva Technologies

Aeva Technologies, Inc. designs and manufactures LiDAR sensing systems and related software solutions. The company's products, which include the Aeva Omni and Aeva Atlas, are used in various applications such as automotive and industrial automation. Founded in 2017, Aeva is headquartered in Mountain View, California, and is led by CEO Soroush Salehian Dardashti.

Bottom Line

Mina Rezk's sale of Aeva Technologies shares is part of a planned transaction and reflects typical insider activity. Aeva is a key player in the LiDAR technology market, attracting attention from both institutional investors and analysts. Investors should note that 13F filings and insider transactions are backward-looking and may not represent the current or future position.