AEye, Inc. (NASDAQ:LIDR) CFO Buys 25,000 Shares

AEye, Inc. (NASDAQ:LIDR) CFO Conor B. Tierney bought 25,000 shares of the business’s stock in a transaction on Monday, March 3rd. The stock was bought at an average cost of $0.60 per share, with a total value of $15,000.00. Following the completion of the purchase, the chief financial officer now directly owns 172,548 shares in the company, valued at approximately $103,528.80. The trade was a 16.94 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

AEye Trading Up 0.6 %

Shares of LIDR traded up $0.00 during mid-day trading on Tuesday, reaching $0.58. The stock had a trading volume of 495,913 shares, compared to its average volume of 3,641,942. AEye, Inc. has a 52-week low of $0.51 and a 52-week high of $5.15. The firm has a market cap of $10.83 million, a price-to-earnings ratio of -0.12 and a beta of 2.79. The business’s fifty day moving average is $1.16 and its 200 day moving average is $1.15. 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. The firm had revenue of $0.05 million for the quarter. AEye had a negative return on equity of 169.57% and a negative net margin of 17,554.46%.

Institutional Investors Weigh In On AEye

A number of institutional investors and hedge funds have recently made changes to their positions in LIDR. Millennium Management LLC acquired a new stake in AEye in the 4th quarter valued at approximately $32,000. Two Sigma Investments LP lifted its holdings in AEye by 462.0% during the 4th quarter. Two Sigma Investments LP now owns 74,736 shares of the company’s stock worth $95,000 after buying an additional 61,437 shares in the last quarter. Citadel Advisors LLC purchased a new position in AEye in the 4th quarter valued at approximately $92,000. Geode Capital Management LLC grew its stake in shares of AEye by 19.7% in the fourth quarter. Geode Capital Management LLC now owns 77,585 shares of the company’s stock worth $99,000 after acquiring an additional 12,779 shares in the last quarter. Finally, Two Sigma Securities LLC purchased a new stake in shares of AEye during the fourth quarter worth $66,000. 21.58% of the stock is owned by hedge funds and other institutional investors.

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.