Aeva technologies CFO sells $506k in company stock

On September 2, 2026, Aeva Technologies' Chief Financial Officer Saurabh Sinha sold $506,409 worth of the company's common stock, corresponding to 34,146 shares. This automatic sale occurred to satisfy tax withholding obligations when restricted stock units vested and settled. Currently trading at $15.69, Aeva's market capitalization stands at $1.06 billion.

Notably, the company remains unprofitable, with an EPS of -$0.53. Following the sale, Sinha personally owns 547,226 shares of Aeva's stock. Analysts suggest the stock may be overvalued compared to its Fair Value estimate. Aeva Technologies recently reported a Q2 2026 loss of $0.41 per share, beating analysts' expectations of a $0.43 loss, while revenue slightly surpassed forecasts at $6.1 million.

The company is focusing on optical connectivity for AI data centers and secured a development agreement with a hyperscaler for commercializing solutions. Oppenheimer raised its price target for Aeva to $42.00, maintaining an Outperform rating, while Goldman Sachs initiated coverage with a Neutral rating and a $20.00 price target.

These moves underscore Aeva's strategic positioning and market performance. The article was AI-generated and reviewed by an editor.