Aeva Technologies CEO Soroush Dardashti sells $372,826 in shares

On November 5, 2026, Soroush Dardashti, CEO and Director of Aeva Technologies (NASDAQ: AEVA), sold 42,262 shares of the company's stock, totaling $372,826. The sale was a mandatory transaction to fulfill tax withholding requirements when certain restricted stock units vested. Currently, Aeva Technologies is trading at $11, resulting in a market capitalization of $640.6 million.

However, according to InvestingPro analysis, the stock appears to be overvalued, making it one of the companies on the Most Overvalued list. Despite this, the company has shown strong revenue growth of 63% over the past year. Following the share sale, Dardashti directly owns 1,487,471 shares and indirectly holds an additional 1,220,808 shares through a trust.

In their recent third quarter results, Aeva Technologies reported a narrower-than-expected loss of $0.39 per share, beating analyst estimates of a $0.43 loss. Although revenue fell short of expectations at $6.7 million compared to the forecasted $7.23 million, the company highlighted a record quarterly revenue and a more than 50% increase in product shipments. These factors suggest an expanding customer base for Aeva.