Luis Dussan Sells 6,000 Shares of AEye, Inc. (NASDAQ:LIDR) Stock

AEye, Inc. (NASDAQ:LIDR) Director Luis Dussan sold 6,000 shares of the stock in a transaction on Tuesday, January 7th. The shares were sold at an average price of $3.81, for a total transaction of $22,860.00. Following the completion of the sale, the director now directly owns 33,000 shares in the company, valued at approximately $125,730. This represents a 15.38 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

AEye Stock Performance

Shares of NASDAQ:LIDR opened at $2.18 on Thursday. The company has a current ratio of 2.26, a quick ratio of 2.24 and a debt-to-equity ratio of 0.01. AEye, Inc. has a 12 month low of $0.78 and a 12 month high of $5.15. The company has a market capitalization of $19.91 million, a price-to-earnings ratio of -0.27 and a beta of 2.84. The firm’s 50-day moving average is $1.25 and its 200 day moving average is $1.32.

AEye (NASDAQ:LIDR) last released its earnings results on Tuesday, November 12th. The company reported ($0.70) EPS for the quarter, beating analysts’ consensus estimates of ($0.89) by $0.19. AEye had a negative return on equity of 158.98% and a negative net margin of 24,308.44%. The firm had revenue of $0.10 million for the quarter.

About AEye

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.