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

AEye, Inc. (NASDAQ:LIDR) Director Jonathon B. Husby acquired 36,707 shares of the company’s stock in a transaction on Thursday, March 13th. The stock was purchased at an average cost of $0.54 per share, for a total transaction of $19,821.78. Following the completion of the transaction, the director now owns 84,258 shares in the company, valued at approximately $45,499.32. The trade was a 77.20 % increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website.

AEye Price Performance

Shares of NASDAQ LIDR opened at $0.53 on Friday. The firm has a market capitalization of $9.91 million, a PE ratio of -0.11 and a beta of 2.85. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.24 and a current ratio of 2.26. AEye, Inc. has a fifty-two week low of $0.51 and a fifty-two week high of $5.15. The stock’s 50-day simple moving average is $1.02 and its 200-day simple moving average is $1.11.

AEye (NASDAQ:LIDR) last posted its quarterly earnings data on Thursday, February 20th. The company reported ($0.91) 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.

Hedge Funds Weigh In On AEye

Several hedge funds have recently bought and sold shares of LIDR. Citadel Advisors LLC acquired a new position in shares of AEye during the 4th quarter worth $92,000. Two Sigma Investments LP raised its holdings in shares of AEye by 462.0% in the fourth quarter. Two Sigma Investments LP now owns 74,736 shares of the company’s stock worth $95,000 after acquiring an additional 61,437 shares during the last quarter. Virtu Financial LLC purchased a new stake in shares of AEye in the fourth quarter valued at $77,000. Two Sigma Securities LLC acquired a new stake in shares of AEye during the fourth quarter valued at $66,000. Finally, Commonwealth Equity Services LLC purchased a new stake in AEye during the 4th quarter worth about $43,000. 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.