Aeva Technologies is up 100% and Insiders are Buying More
April 1, 3:31 pm
Aeva Technologies (AEVA) has seen a stunning 100% increase in its stock price over the past two weeks, and it’s not just retail traders jumping in - insiders are buying aggressively. Through AltIndex’s Insider Buying Trends, members were able to spot this momentum early as insider activity surged as the price took off.
AEVA develops next-generation LiDAR sensing systems used in autonomous vehicles and industrial automation. Its proprietary Frequency Modulated Continuous Wave (FMCW) LiDAR enables accurate, real-time distance and velocity measurements - key for safe and efficient autonomous navigation. Their flagship products, including Aeries II and the newly launched Atlas Ultra, are designed to deliver high-resolution 4D perception in complex environments.
In 2024, AEVA reported over 100% year-over-year revenue growth, hitting $9.1 million and securing major partnerships. Among them: a development deal with a global top-10 passenger car OEM, continued progress with Daimler Truck's production timeline, and a joint industrial solution with SICK AG launching in late 2025. The company also maintains a strong financial position, with $237 million in liquidity.
But the interesting story behind the recent stock surge lies in insider activity.
AEVA Insider Transactions Dashboard
Insider Buying Surge Caught by AltIndex
Insiders have been pouring money into AEVA, and AltIndex flagged this early. Using our Insider Buying Trends, members could see AEVA dominating the chart as millions of dollars in purchases rolled in. In just the last two weeks, insiders - including Gibson Daniel Patrick and Sylebra Capital - bought over $30 million worth of AEVA stock. That’s a staggering number considering AEVA’s market cap currently sits around $367 million.
Sylebra Capital has been increasing its stake aggressively, signaling strong conviction in AEVA’s future. This level of insider confidence is rare and noteworthy - and it’s exactly the kind of alternative data that gives AltIndex members a critical edge.
Why It Matters
Insider buying is one of the most powerful signals available to investors. When those with the most intimate knowledge of a company - its executives and major stakeholders - start buying in large volumes, it often points to positive expectations for the company’s trajectory.
Through AltIndex, users can monitor this kind of activity in real-time. Whether you’re using our Insider Buying Trends or diving into a specific stock dashboard, we make it easy to see which companies are attracting insider confidence - and act before the crowd catches on.
Analyst Coverage and Industry Outlook
Adding fuel to the bullish case, Canaccord Genuity recently initiated coverage on AEVA with a Buy rating and a price target of $9.50. Analysts emphasized AEVA’s strategic positioning in the evolving sensor market for autonomous vehicles, which they consider one of the most valuable future technologies.
With growing traction in both automotive and industrial sectors, AEVA could be just getting started.
Final Thoughts
Aeva Technologies’ recent stock surge may have surprised some, but not AltIndex members. Thanks to our alternative data insights - like insider buying - investors had an early signal that something big was brewing.
If you’re not already using AltIndex to track signals like this, not might be a good time to sign up.
Disclaimer: The information provided is for educational and informational purposes only and should not be construed as financial or investment advice. All investments involve risk, and you should conduct your own research or consult a qualified professional before making any investment decisions.
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