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

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

AEye Trading Down 6.8 %

Shares of NASDAQ:LIDR traded down $0.04 during midday trading on Thursday, hitting $0.53. The company had a trading volume of 295,426 shares, compared to its average volume of 3,143,899. 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 $0.51 and a 12 month high of $5.15. The firm has a fifty day simple moving average of $1.05 and a 200 day simple moving average of $1.12. The stock has a market cap of $9.91 million, a price-to-earnings ratio of -0.11 and a beta of 2.85.

AEye (NASDAQ:LIDR) last posted its earnings results on Thursday, February 20th. The company reported ($0.91) earnings per share (EPS) for the quarter. The company 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

Several large investors have recently bought and sold shares of the company. Millennium Management LLC acquired a new position in shares of AEye in the 4th quarter valued at $32,000. Commonwealth Equity Services LLC acquired a new position in shares of AEye in the 4th quarter valued at approximately $43,000. Two Sigma Securities LLC bought a new stake in shares of AEye during the fourth quarter worth $66,000. Virtu Financial LLC bought a new position in AEye during the 4th quarter worth about $77,000. Finally, Citadel Advisors LLC bought a new position in shares of AEye during the fourth quarter worth about $92,000. Institutional investors own 21.58% of the company’s stock.

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.