Soroush Salehian Dardashti, the Chief Executive Officer of Aeva Technologies, Inc. (NYSE:AEVA), a company currently valued at $927 million, has sold shares worth approximately $1.06 million, according to a recent SEC filing. According to InvestingPro analysis, AEVA maintains a strong liquidity position with a current ratio of 4.32. The transactions, executed under a pre-established Rule 10b5-1 trading plan, involved the sale of a total of 240,000 shares of common stock over two days. The shares were sold at weighted average prices ranging from $4.35 to $4.49.
On December 2, Salehian sold 107,795 shares at an average price of $4.49, while on December 3, he sold an additional 132,205 shares at an average price of $4.35. Following these transactions, Salehian retains ownership of 3,964,808 shares indirectly through a trust, and 995,387 shares directly.
In other recent news, Aeva Technologies disclosed its financial results for the third quarter of 2024. The company's earnings call, led by Andrew Fung, Senior Director of Investor Relations and Corporate Development, included discussions on financial results and company performance. Aeva Technologies' press release and presentation, which contain forward-looking statements and non-GAAP financial measures, are now accessible on the company's Investor Relations website. However, the company acknowledged the presence of risks and uncertainties that could affect these results. Despite potential risks, optimistic projections for Aeva's future were also made during the call. It's important to note that these are recent developments, and the full recording of the earnings call is available for review on Aeva's Investor Relations website. As always, actual results may differ due to various risks and uncertainties.
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