Jonathon B. Husby Buys 36,707 Shares of AEye, Inc. (NASDAQ:LIDR) Stock

AEye, Inc. (NASDAQ:LIDR) Director Jonathon B. Husby bought 36,707 shares of AEye stock in a transaction on Thursday, March 13th. The stock was acquired at an average cost of $0.54 per share, with a total value of $19,821.78. Following the acquisition, the director now owns 84,258 shares in the company, valued at approximately $45,499.32. This represents a 77.20 % increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

AEye Trading Up 9.4 %

AEye stock opened at $0.58 on Friday. AEye, Inc. has a one year low of $0.51 and a one year high of $5.15. The business’s fifty day moving average is $0.99 and its 200 day moving average is $1.11. The stock has a market capitalization of $10.84 million, a PE ratio of -0.12 and a beta of 2.85. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.26 and a quick ratio of 2.24.

AEye (NASDAQ:LIDR) last announced its quarterly earnings results on Thursday, February 20th. The company reported ($0.91) earnings per share (EPS) for the quarter. AEye had a negative net margin of 17,554.46% and a negative return on equity of 169.57%. The company had revenue of $0.05 million for the quarter.

Institutional Investors Weigh In On AEye

Large investors have recently added to or reduced their stakes in the stock. Commonwealth Equity Services LLC bought a new position in shares of AEye during the 4th quarter valued at $43,000. Virtu Financial LLC purchased a new stake in AEye during the fourth quarter valued at $77,000. Geode Capital Management LLC increased its position in AEye by 19.7% during the fourth quarter. Geode Capital Management LLC now owns 77,585 shares of the company’s stock valued at $99,000 after acquiring an additional 12,779 shares during the last quarter. Two Sigma Securities LLC bought a new position in AEye in the fourth quarter valued at about $66,000. Finally, Citadel Advisors LLC purchased a new position in AEye in the fourth quarter worth about $92,000. Institutional investors own 21.58% of the company’s stock.

AEye Company Profile

AEye, Inc, together with its subsidiaries, provides lidar systems for vehicle autonomy, advanced driver-assistance systems, and robotic vision applications in the United States, Europe, and Asia-Pacific. It offers 4Sight intelligent sensing lidar platform, including 4Sight at Design, Triggered 4Sight, Responsive 4Sight, and Predictive 4Sight; and 4Sight for automotive and industrial market.