Aeva Technologies' CEO Sold 488,000 Shares Worth $6.3 Million

Aeva Technologies' CEO Sold 488,000 Shares Worth $6.3 Million

Aeva Technologies' CEO, Soroush Nazar, has sold 488,000 shares of the company's stock worth $6.3 million. This news has sparked interest in the financial community, as investors look for signs of leadership's confidence in the company's future.

Background

Aeva Technologies is a leading provider of high-performance lidar sensors for the automotive and industrial markets. The company's technology enables vehicles to detect and respond to their surroundings, improving safety and reducing the risk of accidents.

The Sale

According to a filing with the Securities and Exchange Commission (SEC), Soroush Nazar sold 488,000 shares of Aeva Technologies' stock on January 9, 2026. The shares were sold at an average price of $12.94, resulting in a total value of $6.3 million.

Impact on the Company

The sale of shares by Aeva Technologies' CEO may have a significant impact on the company's stock price. Investors may view the sale as a sign of leadership's reduced confidence in the company's future, which could lead to a decline in the stock price.

Conclusion

The sale of 488,000 shares by Aeva Technologies' CEO, Soroush Nazar, worth $6.3 million, has sparked interest in the financial community. While the sale may have a negative impact on the company's stock price, it is essential to consider the context and potential motivations behind the sale.

Sources

[1] Aeva Technologies' CEO Sold 488,000 Shares Worth $6.3 Million